U.S. Bancorp (USB) Reports In-Line Q3 EPS

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/14/2026

1. WDAY
2. AAPL
3. JNJ
4. AMAT
5. META
6. NVDA
7. SPY
8. NRIX
9. SUNS
10. OIG

Go back to U.S. Bancorp (USB) Reports In-Line Q3 EPS

U.S. Bancorp Reports Third Quarter 2016 Earnings

October 19, 2016 6:45 AM EDT

Record Earnings Per Diluted Common Share of $0.84

Return on average assets of 1.36 percent and average common equity of 13.5 percent

Returned 79 percent of third quarter earnings to shareholders

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB) today reported net income of $1,502 million for the third quarter of 2016, or $0.84 per diluted common share, compared with $1,489 million, or $0.81 per diluted common share, in the third quarter of 2015.

Highlights for the third quarter of 2016 included:

Industry-leading return on average assets of 1.36 percent, return on... More