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U.S. Bancorp 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and U.S. Bancorp’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

20Reported items
1,345Asset managers
15,946Fund votes
2026-04-21Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore U.S. Bancorp in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by U.S. Bancorp

These tallies are U.S. Bancorp’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

U.S. Bancorp — official shareholder meeting results, meeting held 2026-04-21
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Warner L. Baxter	1,199,626,133	21,517,655	2,197,933	--	152,923,925	Majority: yes
Elect Director: Dorothy Bridges	1,213,364,221	8,033,467	1,944,033	--	152,923,925	Majority: yes
Elect Director: Elizabeth L. Buse	1,210,462,793	10,836,830	2,042,098	--	152,923,925	Majority: yes
Elect Director: Alan B. Colberg	1,207,785,236	13,351,027	2,205,458	--	152,923,925	Majority: yes
Elect Director: Kimberly N. Ellison-Taylor	1,212,538,712	8,835,365	1,967,644	--	152,923,925	Majority: yes
Elect Director: Aleem Gillani	1,213,417,785	7,747,451	2,176,485	--	152,923,925	Majority: yes
Elect Director: Roland A. Hernandez	1,097,316,400	123,851,769	2,173,552	--	152,923,925	Majority: yes
Elect Director: Gunjan Kedia	1,159,332,384	61,762,954	2,246,383	--	152,923,925	Majority: yes
Elect Director: Richard P. McKenney	1,126,963,724	93,089,497	3,288,500	--	152,923,925	Majority: yes
Elect Director: Yusuf I. Mehdi	1,213,222,529	7,754,830	2,364,362	--	152,923,925	Majority: yes
Elect Director: Loretta E. Reynolds	1,214,190,913	7,166,929	1,983,879	--	152,923,925	Majority: yes
Elect Director: John P. Wiehoff	1,207,347,534	13,840,154	2,154,033	--	152,923,925	Majority: yes
Proposal 2: Advisory vote to approve the compensation of the Company's executive officers disclosed in the Proxy Statement	1,138,199,345	79,171,164	5,971,212	--	152,923,925	Majority: yes
Proposal 3: Ratification of the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2026 fiscal year	1,314,933,791	58,312,267	3,019,588	--	--	Majority: yes

Source: U.S. Bancorp, Form 8-K — read the filing on EDGAR.

How asset managers voted at the U.S. Bancorp 2025-2026 meeting

Each item below shows how the 1,345 asset managers that disclosed a U.S. Bancorp vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of U.S. Bancorp’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. An advisory vote to approve the compensation of our executives disclosed in the proxy statement.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 27 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 1,138,199,345AGAINST: 79,171,164

U.S. Bancorp’s own tally for this item (“Proposal 2: Advisory vote to approve the compensation of the Company's executive officers disclosed in the Proxy Statement”): 1,138,199,345 for, 79,171,164 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 71% for, 5% against (76% of the company cast a for/against vote).

The 1,319 asset managers below cast 96% of the shares they voted on this item FOR (1,077,152,146 for, 49,144,536 against).

FOR 95%

FOR: 1,077,152,146 (95.5%)AGAINST: 49,144,536 (4.4%)ABSTAIN: 1,355,297 (0.1%)UNKNOWN: 583,586 (0.1%)NOT VOTED: 175,720 (0.0%)SPLIT: 167 (0.0%)

Largest asset managers voting on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	159,984,463	317	24	For
Fidelity	112,571,590	0	0	For
BlackRock	109,244,491	10,328	0	For
MUFG Bank, Ltd.	44,374,155	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	37,921,939	0	0	For
T. Rowe Price	37,456,266	196,155	0	For
Invesco	34,555,261	0	0	For
JPMorgan	29,930,285	0	0	For
DAVIS SELECTED ADVISERS	21,503,816	0	0	For
Charles Schwab	20,413,769	0	0	For
Aristotle Capital Management, LLC	18,265,872	0	0	For
Federated Hermes	18,064,388	0	0	For
Grantham, Mayo, Van Otterloo & Co. LLC	16,804,647	0	0	For
Capital Research Global Investors	14,866,146	0	0	For
Northern Trust	14,289,524	0	0	For
American Century	13,243,351	0	0	For
Capital Group	11,814,874	0	0	For
Amundi	0	11,294,726	0	Against
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	10,709,262	0	0	For
Goldman Sachs	321,261	7,974,488	0	Against
First Eagle Investment Management, LLC	8,210,993	0	0	For
RBC Capital Markets, LLC	7,819,417	0	0	For
UBS	7,347,064	0	0	For
FRANKLIN ADVISERS INC	7,301,471	0	0	For
MELLON INVESTMENTS Corp	7,286,528	0	0	For

Showing the 25 largest of 1,319 asset managers. See all 1,319 in the interactive database.

2. The election of each of the 12 directors named in the proxy statement: Alan B. Colberg

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 11 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 1,207,785,236AGAINST: 13,351,027

U.S. Bancorp’s own tally for this item (“Elect Director: Alan B. Colberg”): 1,207,785,236 for, 13,351,027 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 75% for, 0.9% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.8% of the shares they voted on this item FOR (445,631,621 for, 572,059 against).

FOR 99.8%

FOR: 445,631,621 (99.9%)AGAINST: 572,059 (0.1%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Alan B. Colberg” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,789	45	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

3. The election of each of the 12 directors named in the proxy statement: Aleem Gillani

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 10 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 1,213,417,785AGAINST: 7,747,451

U.S. Bancorp’s own tally for this item (“Elect Director: Aleem Gillani”): 1,213,417,785 for, 7,747,451 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.5% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (446,191,777 for, 11,902 against).

FOR 99.9%

FOR: 446,191,777 (100.0%)AGAINST: 11,902 (0.0%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Aleem Gillani” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,802	31	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

4. The election of each of the 12 directors named in the proxy statement: Dorothy Bridges

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 11 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 1,213,364,221AGAINST: 8,033,467

U.S. Bancorp’s own tally for this item (“Elect Director: Dorothy Bridges”): 1,213,364,221 for, 8,033,467 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.6% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (446,203,648 for, 32 against).

FOR 99.9%

FOR: 446,203,648 (100.0%)AGAINST: 32 (0.0%)ABSTAIN: 30,886 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Dorothy Bridges” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,802	32	7	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

5. The election of each of the 12 directors named in the proxy statement: Elizabeth L. Buse

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 10 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 1,210,462,793AGAINST: 10,836,830

U.S. Bancorp’s own tally for this item (“Elect Director: Elizabeth L. Buse”): 1,210,462,793 for, 10,836,830 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.7% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (446,186,035 for, 17,646 against).

FOR 99.9%

FOR: 446,186,035 (100.0%)AGAINST: 17,646 (0.0%)ABSTAIN: 30,886 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Elizabeth L. Buse” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,804	31	7	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

6. The election of each of the 12 directors named in the proxy statement: John P. Wiehoff

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 1,207,347,534AGAINST: 13,840,154

U.S. Bancorp’s own tally for this item (“Elect Director: John P. Wiehoff”): 1,207,347,534 for, 13,840,154 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 75% for, 0.9% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.8% of the shares they voted on this item FOR (445,631,620 for, 572,061 against).

FOR 99.8%

FOR: 445,631,620 (99.9%)AGAINST: 572,061 (0.1%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: John P. Wiehoff” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,788	47	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

7. The election of each of the 12 directors named in the proxy statement: Kimberly N. Ellison-Taylor

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 11 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 1,212,538,712AGAINST: 8,835,365

U.S. Bancorp’s own tally for this item (“Elect Director: Kimberly N. Ellison-Taylor”): 1,212,538,712 for, 8,835,365 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.6% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (446,203,647 for, 34 against).

FOR 99.9%

FOR: 446,203,647 (100.0%)AGAINST: 34 (0.0%)ABSTAIN: 30,886 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Kimberly N. Ellison-Taylor” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,801	34	7	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

8. The election of each of the 12 directors named in the proxy statement: Loretta E. Reynolds

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 10 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,214,190,913AGAINST: 7,166,929

U.S. Bancorp’s own tally for this item (“Elect Director: Loretta E. Reynolds”): 1,214,190,913 for, 7,166,929 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.5% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (446,203,652 for, 28 against).

FOR 99.9%

FOR: 446,203,652 (100.0%)AGAINST: 28 (0.0%)ABSTAIN: 30,886 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Loretta E. Reynolds” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,806	28	7	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

9. The election of each of the 12 directors named in the proxy statement: Richard P. McKenney

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 11 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 1,126,963,724AGAINST: 93,089,497

U.S. Bancorp’s own tally for this item (“Elect Director: Richard P. McKenney”): 1,126,963,724 for, 93,089,497 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 70% for, 6% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99% of the shares they voted on this item FOR (440,151,905 for, 6,051,770 against).

FOR 99%

FOR: 440,151,905 (98.6%)AGAINST: 6,051,770 (1.4%)ABSTAIN: 30,893 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Richard P. McKenney” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	142,908,298	944,532	14	For
Fidelity	71,993,283	315,000	0	For
BlackRock	45,337,446	17,183	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,091,523	2,669	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	0	3,180,191	0	Against
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

10. The election of each of the 12 directors named in the proxy statement: Roland A. Hernandez

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 10 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 1,097,316,400AGAINST: 123,851,769

U.S. Bancorp’s own tally for this item (“Elect Director: Roland A. Hernandez”): 1,097,316,400 for, 123,851,769 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 69% for, 8% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 93% of the shares they voted on this item FOR (415,893,816 for, 30,309,583 against).

FOR 93%

FOR: 415,893,816 (93.2%)AGAINST: 30,309,583 (6.8%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Roland A. Hernandez” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,343	491	8	For
Fidelity	70,946,786	1,361,497	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	0	24,799,703	0	Against
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,078,550	825,296	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	1,516,843	594,929	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

11. The election of each of the 12 directors named in the proxy statement: Warner L. Baxter

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 1,199,626,133AGAINST: 21,517,655

U.S. Bancorp’s own tally for this item (“Elect Director: Warner L. Baxter”): 1,199,626,133 for, 21,517,655 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 75% for, 1% against (76% of the company cast a for/against vote).

The 217 asset managers below cast 99.9% of the shares they voted on this item FOR (445,883,123 for, 318,142 against).

FOR 99.9%

FOR: 445,883,123 (99.9%)AGAINST: 318,142 (0.1%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Warner L. Baxter” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,763	70	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,610,402	189,301	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 217 asset managers. See all 217 in the interactive database.

12. The election of each of the 12 directors named in the proxy statement: Gunjan Kedia

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 1,159,332,384AGAINST: 61,762,954

U.S. Bancorp’s own tally for this item (“Elect Director: Gunjan Kedia”): 1,159,332,384 for, 61,762,954 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 72% for, 4% against (76% of the company cast a for/against vote).

The 216 asset managers below cast 99.8% of the shares they voted on this item FOR (445,684,454 for, 514,740 against).

FOR 99.8%

FOR: 445,684,454 (99.9%)AGAINST: 514,740 (0.1%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Gunjan Kedia” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,599	236	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 216 asset managers. See all 216 in the interactive database.

13. The election of each of the 12 directors named in the proxy statement: Yusuf I. Mehdi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 9 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 1,213,222,529AGAINST: 7,754,830

U.S. Bancorp’s own tally for this item (“Elect Director: Yusuf I. Mehdi”): 1,213,222,529 for, 7,754,830 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 76% for, 0.5% against (76% of the company cast a for/against vote).

The 216 asset managers below cast 99.9% of the shares they voted on this item FOR (446,199,161 for, 31 against).

FOR 99.9%

FOR: 446,199,161 (100.0%)AGAINST: 31 (0.0%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The election of each of the 12 directors named in the proxy statement: Yusuf I. Mehdi” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,852,802	31	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,354,629	0	0	For
JPMorgan	24,799,703	0	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 216 asset managers. See all 216 in the interactive database.

14. The ratification of the selection of Ernst & Young LLP as our independent registered public accounting firm for the 2026 fiscal year.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 9 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 1,314,933,791AGAINST: 58,312,267

U.S. Bancorp’s own tally for this item (“Proposal 3: Ratification of the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2026 fiscal year”): 1,314,933,791 for, 58,312,267 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 82% for, 4% against (86% of the company cast a for/against vote).

The 216 asset managers below cast 99.8% of the shares they voted on this item FOR (445,508,768 for, 553,635 against).

FOR 99.8%

FOR: 445,508,768 (99.9%)AGAINST: 553,635 (0.1%)ABSTAIN: 30,887 (0.0%)NOT VOTED: 1,183 (0.0%)

Largest asset managers voting on “The ratification of the selection of Ernst & Young LLP as our independent registered public accounting firm fo” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	143,751,743	101,091	8	For
Fidelity	72,308,283	0	0	For
BlackRock	45,345,667	8,962	0	For
JPMorgan	24,610,402	189,301	0	For
Invesco	15,366,898	0	0	For
Capital Group	11,797,689	0	0	For
Charles Schwab	10,094,193	0	0	For
T. Rowe Price	8,834,462	0	0	For
Federated Hermes	7,145,848	0	0	For
FIRST EAGLE FUNDS	6,621,858	0	0	For
DAVIS NEW YORK VENTURE FUND INC	6,561,755	0	0	For
Franklin Custodian Funds	6,500,000	0	0	For
GMO	5,867,631	0	0	For
First Trust	5,696,663	0	0	For
Dimensional	5,677,865	0	0	For
American Century	5,584,195	0	0	For
Columbia Threadneedle	3,932,139	0	0	For
VanEck ETF Trust	3,180,191	0	0	For
TIAA	3,018,732	0	0	For
Equitable	2,903,846	0	0	For
INVESTMENT CO OF AMERICA	2,594,466	0	0	For
Bridge Builder Trust	2,430,772	0	0	For
MASTER INVESTMENT PORTFOLIO	2,365,655	0	0	For
Victory Capital	2,220,702	0	0	For
Prudential/PGIM	2,111,772	0	0	For

Showing the 25 largest of 216 asset managers. See all 216 in the interactive database.

15. An advisory vote to approve the compensation of our executives disclosed in the proxy statement.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-15 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 1,109,966,593AGAINST: 104,986,563

U.S. Bancorp’s own tally for this item (“Proposal 2: Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Proxy Statement”): 1,109,966,593 for, 104,986,563 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,600,000,000 outstanding shares: 69% for, 7% against (76% of the company cast a for/against vote).

The 8 asset managers below cast 63% of the shares they voted on this item FOR (440,186 for, 256,388 against).

FOR 63%AGAINST 37%

FOR: 440,186 (63.2%)AGAINST: 256,388 (36.8%)

Largest asset managers voting on “An advisory vote to approve the compensation of our executives disclosed in the proxy statement.” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Vote
Investment Management Corp of Ontario	324,158	0	For
OSSIAM	0	256,388	Against
Philip James Wealth Mangement, LLC	105,684	0	For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	4,441	0	For
FIRST UNITED BANK & TRUST	3,558	0	For
NORRIS PERNE & FRENCH LLP/MI	1,611	0	For
GLENMEDE FUND INC	454	0	For
MARATHON CAPITAL MANAGEMENT	280	0	For

16. Ratify Appointment of Independent Auditors

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-04-21.

Combines 2 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 1,314,933,791AGAINST: 58,312,267

The 4 asset managers below cast 11% of the shares they voted on this item FOR (45,345 for, 363,340 against).

11%AGAINST 89%

FOR: 45,345 (11.1%)AGAINST: 363,340 (88.9%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	0	363,340	Against
TEALWOOD ASSET MANAGEMENT INC	36,619	0	For
MARCO INVESTMENT MANAGEMENT LLC	8,427	0	For
McGowan Group Asset Management, Inc.	299	0	For

17. Audit Related

AUDIT-RELATED

Meeting held 2026-04-21.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (8,374 for, 0 against).

FOR: 8,374 (100.0%)

Largest asset managers voting on “Audit Related” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	7,202	0	0	0	For
Two Roads Shared Trust	1,172	0	0	0	For

18. Compensation

COMPENSATIONMajority of the votes cast: yes

Meeting held 2026-04-21.

93% Majority: yes · of votes cast

FOR 93%

FOR: 1,138,199,345AGAINST: 79,171,164

The 2 asset managers below cast 100% of the shares they voted on this item FOR (8,374 for, 0 against).

FOR 100%

FOR: 8,374 (100.0%)

Largest asset managers voting on “Compensation” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	7,202	0	0	0	For
Two Roads Shared Trust	1,172	0	0	0	For

19. Director Elections

DIRECTOR ELECTIONS

Meeting held 2026-04-21.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (7,328 for, 0 against).

FOR: 7,328 (100.0%)

Largest asset managers voting on “Director Elections” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	7,202	0	0	0	For
Ballew Advisors, Inc	126	0	0	0	For

20. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-04-21.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at U.S. Bancorp, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
TEALWOOD ASSET MANAGEMENT INC	36,619	0	0	0	For
McGowan Group Asset Management, Inc.	299	0	0	0	For

Largest U.S. Bancorp shareholders voting in 2025-2026

Ranked by the number of U.S. Bancorp shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 1,600,000,000 shares outstanding at the time of that meeting.

Top U.S. Bancorp shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	10.00%
2	Fidelity	7.04%
3	BlackRock	6.83%
4	MUFG Bank, Ltd.	2.77%
5	GEODE CAPITAL MANAGEMENT, LLC	2.37%
6	T. Rowe Price	2.35%
7	Invesco	2.16%
8	JPMorgan	1.87%
9	DAVIS SELECTED ADVISERS	1.34%
10	Charles Schwab	1.28%

Reported U.S. Bancorp ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

U.S. Bancorp beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.15%	13F
BlackRock	8.02%	13F
State Street	4.34%	13F
JPMorgan Chase	3.86%	13F
FMR (Fidelity)	3.57%	13F
Morgan Stanley	1.69%	13F
T. Rowe Price	1.55%	13F
Invesco	1.08%	13F
Northern Trust	1.06%	13F
Andrew Cecere	0.07%	DEF14A

Percentages above are of 1,600,000,000 shares outstanding, as reported by U.S. Bancorp on its Form 10-K dated 2025-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from U.S. Bancorp’s 10-K dated 2025-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At U.S. Bancorp's shareholder meeting held 2026-04-21, in the 2025-2026 proxy season, 1,345 asset managers reported how they voted in their SEC Form N-PX filings, covering 15,946 separate fund positions. Their filings are grouped here into 20 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — An advisory vote to approve the compensation of our executives disclosed in the proxy statement. — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: U.S. Bancorp's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

U.S. Bancorp proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).