U.S. Bancorp Reports Third Quarter 2015 Earnings
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U.S. Bancorp (USB) Reports In-Line Q3 EPS
October 15, 2015 6:48 AM EDTU.S. Bancorp (NYSE: USB) reported Q3 EPS of $0.81, in-line with the analyst estimate of $0.81. Revenue for the quarter came in at $5.15 billion versus the consensus estimate of $5.12 billion.
Return on average assets of 1.44 percent and average common equity of 14.1 percentGrowth in average total loans of 1.3 percent on a linked quarter basis and 3.8 percent over the third quarter of 2014 (excluding student loans, which were transferred to held for sale at the end of the first quarter of 2015 and returned... More