U.S. Bancorp Reports First Quarter 2017 Earnings

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U.S. Bancorp (USB) Tops Q1 EPS by 2c

April 19, 2017 6:46 AM EDT

U.S. Bancorp (NYSE: USB) reported Q1 EPS of $0.82, $0.02 better than the analyst estimate of $0.80.

Highlights for the first quarter of 2017 included:

Industry-leading return on average assets of 1.35 percent and return on average common equity of 13.3 percentNet interest income (taxable-equivalent basis) grew 3.7... More