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2 days ago · CEO commentary. U.S. Bancorp Chairman, President and CEO Andy Cecere said, “In the first quarter we delivered a return on tangible common equity of 17.4%, net income of $1.5 billion, both as adjusted, and net revenue of $6.7 billion. Our common equity tier 1 ratio ended the quarter at 10.0%.
1 day ago · Nonperforming Assets: Increased 20% linked quarter. Charge-off Ratio: 0.53%, up from 0.49% in the previous quarter. Allowance for Credit Losses: $7.9 billion or 2.1% of period-end loans. Warning ...
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4 days ago · Get rich market analyses to help inform your investing decisions and understanding of the economy for the week of 04.15.24 from the investment leaders at U.S. Bank.
2 days ago · U.S. Bancorp, with more than 70,000 employees and $663 billion in assets as of December 31, 2023, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking ...
4 days ago · U.S. Bancorp (USB) shares dipped Wednesday as the regional bank posted lower first-quarter revenue, increased its provision for credit losses, and cut its guidance. 3 hours ago - Investopedia U.S. Bancorp earnings disappoint and stock price falls
- 65.50B
- 25.74B
- 5.05B
- 1.56B
4 days ago · 3.55K Follower s. Summary. U.S. Bancorp is set to release its Q1 2024 earnings, expected to show a resilient operating performance and strong financial position. The bank's reliance on net...
2 days ago · Play Earnings Call. U.S. Bancorp ( NYSE: USB) Q1 2024 Earnings Conference Call April 17, 2024 8:00 AM ET. Company Participants. George Andersen - Senior Vice President and Director of Investor ...
