Piper Jaffray Adujsts Estimates on U.S. Bancorp (USB) - Cuts PT to $48
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U.S. Bancorp Reports Fourth Quarter and Full Year 2015 Earnings
January 15, 2016 6:45 AM ESTAchieves Record Net Income and EPS for the Full Year 2015
Full year return on average assets of 1.44 percent and average common equity of 14.0 percent
Returned 72 percent of full year earnings to shareholders
MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB) today reported net income of $1,476 million for the fourth quarter of 2015, or $0.80 per diluted common share, compared with $1,488 million, or $0.79 per diluted common share, in the fourth quarter of 2014. The fourth quarter of 2015 reflected a gain on the sale of a deposit... More
