U.S. Bancorp Reports Second Quarter 2019 Results

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U.S. Bancorp (USB) Tops Q2 EPS by 2c, Revenues Beat

July 17, 2019 6:49 AM EDT

U.S. Bancorp (NYSE: USB) reported Q2 EPS of $1.09, $0.02 better than the analyst estimate of $1.07. Revenue for the quarter came in at $5.82 billion versus the consensus estimate of $5.73 billion.

Net income of $1,821million and dilutedearnings percommon share of $1.09Industry leading return on average assets of 1.55% andreturn on average common equity of 15.0%Return on... More