US Bancorp, the fifth-largest commercial bank in America, is led by Gunjan Kedia, who became President and CEO in April 2025. Born in Delhi, India, Kedia made history as the first woman and first Indian American to lead the 161-year-old institution. An engineer turned banker, she joined US Bancorp in 2016 to run Wealth Management and grew it into a major revenue engine before being named President in 2024. With approximately $692 billion in total assets and over 70,000 employees, Kedia is set to also become Chairman in April 2026 — making her only the second woman to lead a top-10 U.S. bank alongside Citigroup’s Jane Fraser.
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Gunjan Kedia – Quick Facts
US Bancorp Competitors
US Bancorp operates in the highly competitive global banking industry. The key competitors of US Bancorp include:
- JPMorgan Chase – largest U.S. bank by assets
- Bank of America – second-largest U.S. bank
- Wells Fargo – major consumer and commercial bank
- PNC Financial Services – regional banking rival
- Truist Financial – formed by BB&T/SunTrust merger
- Citizens Financial Group – growing super-regional bank
Gunjan Kedia Net Worth 2026 – US Bancorp CEO Salary
As of 2026, Gunjan Kedia net worth is estimated at approximately $25 million USD, based on her disclosed US Bancorp stock holdings and accumulated compensation. Kedia directly owns approximately 361,900 shares of US Bancorp (USB), worth an estimated $20–21 million at current market prices, representing about 0.024% of the company’s outstanding shares.
US Bancorp CEO Compensation Breakdown (FY2024)
US Bancorp Net Worth 2026 – Is US Bancorp Profitable?
Yes, US Bancorp is solidly profitable. In FY2025, the fifth-largest U.S. commercial bank earned $7.6 billion in net income with 20% year-over-year growth. The bank has $692 billion in total assets, over 70,000 employees, and a market capitalization of approximately $84 billion.
US Bancorp Financial Summary (FY2025)
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US Bancorp CEO Email Address | Gunjan Kedia Contact
Below are the official contact details and social media profiles for US Bancorp CEO Gunjan Kedia:
Career & Education – Company, University, & College
Gunjan Kedia’s career spans consulting, asset servicing, and banking — from PwC and McKinsey to BNY Mellon, State Street, and ultimately US Bancorp. Below is her complete career timeline:
Gunjan Kedia Career Timeline
Before becoming US Bancorp CEO, Gunjan Kedia built a distinguished career spanning consulting and financial services. She began at PricewaterhouseCoopers as a senior associate in their financial services division, then moved to McKinsey & Company where she rose to partner in the Financial Services Practice.
In 2004, Kedia transitioned to asset servicing, joining Bank of New York Mellon as EVP and Head of Global Product Management. She then spent eight years at State Street Financial in Boston, leading the investment servicing business for the Americas. In 2016, she joined US Bancorp to lead Wealth Management and Investment Services, growing it into a major revenue driver for the bank.
Education
Gunjan Kedia Wiki – Age, Family, & More
US Bancorp CEO Gunjan Kedia (age 55) was born in January 1971 in Delhi, India. She graduated with distinction from both Delhi Technological University (B.Eng.) and Carnegie Mellon’s Tepper School of Business (MBA). She is married to Sridhar Tayur, the Ford Distinguished Research Chair and Professor of Operations Management at Carnegie Mellon University. The couple has two sons and jointly donated $1 million to the Tepper Quadrangle at Carnegie Mellon.
Notable Achievements & Recognitions
- First Woman & First Indian American CEO – First to lead US Bancorp in its 161-year history
- American Banker’s Most Powerful Women – Named multiple years to the “Most Powerful Women in Finance” list
- Board of Governors, American Red Cross – Active board member of the national humanitarian organization
- PBS Board of Directors – Serves on the Board of the Public Broadcasting Service
- Chairman-Designate – Set to become Chairman of US Bancorp’s Board in April 2026
Kedia is known for her conviction that “where you belong is where you decide to go” — a philosophy she shared in a W.L. Mellon Speaker Series talk at Carnegie Mellon, reflecting her journey from Delhi to leading one of America’s largest banks.
CEO Comparison – Top U.S. Bank CEOs
*FY2024 compensation as President; CEO-level compensation expected at $13–15M for FY2025.
About US Bancorp
US Bancorp is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. Headquartered at 800 Nicollet Mall, Minneapolis, Minnesota, US Bancorp has approximately $692 billion in total assets and over 70,000 employees. The company earned $7.6 billion in net income in FY2025 with 20% year-over-year growth and trades on the New York Stock Exchange under ticker USB.
Frequently Asked Questions (FAQ)
Who is the current CEO of US Bancorp?
The current President & CEO of US Bancorp is Gunjan Kedia. She took office in April 2025, making history as the first woman and first Indian American to lead the 161-year-old institution. She will also become Chairman of the Board in April 2026.
What is Gunjan Kedia’s net worth in 2026?
As of 2026, Gunjan Kedia’s net worth is estimated at approximately $25 million, based on US Bancorp stock holdings (approximately 361,900 shares worth ~$20–21M) and accumulated compensation from her career.
What is the US Bancorp CEO’s salary?
Kedia’s FY2024 total compensation as President was approximately $10.1 million (base $931K + cash bonus $2.3M + stock awards $6.5M). Upon becoming CEO in April 2025, her base salary increased to $1.2 million with a 275% bonus target, putting her total CEO-level compensation at an estimated $13–15 million.
What is the US Bancorp CEO’s email address?
Gunjan Kedia’s corporate email is [email protected]. US Bancorp’s headquarters is at 800 Nicollet Mall, Minneapolis, Minnesota 55402.
How old is Gunjan Kedia?
Gunjan Kedia is 55 years old (born January 1971 in Delhi, India). She holds an engineering degree from Delhi Technological University and an MBA from Carnegie Mellon University’s Tepper School of Business, both earned with distinction.
Is US Bancorp profitable?
Yes. US Bancorp earned approximately $7.6 billion in net income in FY2025, a 20% increase year-over-year. With $692 billion in total assets and diluted EPS of $4.62, it is one of the most profitable banks in the United States.
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.