U.S. Bancorp appoints Jodi Rolland to lead affluent wealth management

MINNEAPOLIS - U.S. Bancorp announced Monday that Jodi Rolland has joined the company as President of Affluent Wealth Management and will assume the role of CEO for U.S. Bancorp Investments and U.S. Bancorp Advisors, with the effective date to be announced. The appointment comes as the bank, which InvestingPro analysis shows maintains a "GOOD" overall financial health score, continues to strengthen its position as a prominent player in the banking industry.

Rolland, who joined the company on September 22, will oversee the nationwide network of financial professionals across U.S. Bank Wealth Management’s affluent division and its affiliates.

With more than 25 years of industry experience, Rolland previously served as managing director and divisional director for consumer banking at JPMorgan Chase, where she oversaw retail banking operations for the Greater West region. Prior to JPMorgan, she spent over two decades at Bank of America Merrill Lynch in various wealth management leadership positions.

"Jodi’s strong background in wealth management, along with her experience in both consumer and commercial banking, will help us deepen our relationships with clients and grow our business," said Scott Ford, president of Wealth Management at U.S. Bank, according to the company’s press release.

Rolland holds a Bachelor of Arts in Financial Management from the University of North Dakota, graduating magna cum laude. She currently serves on the University of North Dakota Foundation board.

U.S. Bancorp’s Affluent Wealth Management division provides services including wealth planning, investment management, trust and estate services through U.S. Bank, as well as financial planning, investment, insurance and brokerage services through its affiliates.

U.S. Bancorp, the parent company of U.S. Bank National Association, reported approximately 70,000 employees and $686 billion in assets as of June 30, 2025. The bank has demonstrated strong shareholder commitment, maintaining dividend payments for 55 consecutive years and achieving a current dividend yield of 4.29%. According to InvestingPro analysis, the company appears undervalued at its current trading price, with 6 additional exclusive ProTips available for subscribers. For detailed insights into U.S. Bancorp’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, part of InvestingPro’s coverage of over 1,400 US equities.

In other recent news, U.S. Bancorp announced a reduction in its prime lending rate to 7.25% from 7.50%, effective September 18, 2025. This 0.25 percentage point decrease will be implemented across all U.S. Bank locations and applies to various lending products. Additionally, U.S. Bancorp has appointed Christopher Paulison as the new Senior Executive Vice President and Chief Audit Executive, succeeding Kandace Heck, who plans to retire later this year. Paulison brings over 30 years of audit experience to the role.

In the realm of analyst actions, Morgan Stanley downgraded U.S. Bancorp from Overweight to Equalweight, citing limited upside potential. Despite the downgrade, Morgan Stanley raised its price target to $56.00. Meanwhile, Truist Securities increased its price target for U.S. Bancorp to $51.00, maintaining a Hold rating on the stock. Truist noted the bank’s balanced franchise and solid risk management amid a challenging decade.

Furthermore, U.S. Bank has launched a new accounts payable solution for small businesses, known as "U.S. Bank bill pay for business." This platform integrates with business checking accounts and offers features such as cash flow management and accounting software integration.

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