U.S. Bancorp (USB) Tops Q4 EPS by 1c

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U.S. Bancorp Reports Fourth Quarter and Full Year 2017 Earnings

January 17, 2018 6:45 AM EST

Record Earnings Per Diluted Common Share for Full Year 2017

Full year return on average assets of 1.39 percent and average common equity of 13.8 percent

Returned 77 percent of full year earnings to shareholders

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB) today reported net income of $1,682 million for the fourth quarter of 2017, or $0.97 per diluted common share, compared with $1,478 million, or $0.82 per diluted common share, in the fourth quarter of 2016. The fourth quarter of 2017 included notable items related to the... More