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U.S. Bancorp Card Net Charge-Off Rate Hits 4.2%

02:29pm, Wednesday, 17'th Apr 2024
U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong. Credit car
U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billio
A Boeing (BA) whistleblower claims that the 787 Dreamliner is unsafe to fly. ASML (ASML) falls after missing 1Q earnings and issuing 2Q guidance.
U.S. Bancorp's (USB) Q1 earnings gain from a rise in fee income and lower expenses. However, a fall in NII and a rise in provisions act as headwinds.
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.
While the top- and bottom-line numbers for U.S. Bancorp (USB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compa

U.S. Bancorp (USB) Beats Q1 Earnings Estimates

08:56am, Wednesday, 17'th Apr 2024
U.S. Bancorp (USB) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.16 per share a year ago.
On April 17th, U.S. Bancorp reported its Q1 2024 financial results, before US markets opened this morning. The results exceeded analysts' expectations, but were still generally lackluster as compared
Wednesday morning brings us more Q1 earnings reports, including from Abbott Labs (ABT) and U.S. Bancorp (USB).
Get a deeper insight into the potential performance of U.S. Bancorp (USB) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for
U.S. Bancorp (USB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Last year, the Federal Reserve and other regulators proposed changes to bank capital ratios. Banks and consumer advocacy groups have opposed the proposed changes.
In March, I discussed three reasons why most investors should never buy bank stocks. Banks' balance sheets and income statements need to be simpler for most do-it-yourself investors to understand.
U.S. Bancorp (USB) concluded the recent trading session at $43.23, signifying a -1.64% move from its prior day's close.
JPMorgan Chase & Co. and Wells Fargo & Co. both ranked as top picks on Tuesday among the seven large-bank stocks covered by Goldman Sachs analysts.
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