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The latest announcement is out from US Bancorp ( (USB) ).
U.S. Bancorp will hold an investor conference call on January 16, 2025, to discuss the financial results for the quarter ending December 31, 2024. In the fourth quarter of 2024, U.S. Bancorp reported a net income of $1,745 million and a diluted earnings per share of $1.07, adjusted for notable items. The company’s return on tangible common equity was 18.3% and the CET1 capital ratio was 10.6% at year-end. The company highlighted strong year-over-year growth in commercial products and trust and investment management fees, alongside stable credit quality. U.S. Bancorp’s diversified business model has positioned it well for future growth and industry-leading returns.
More about US Bancorp
YTD Price Performance: 6.35%
Average Trading Volume: 7,612,909
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $76.54B
For an in-depth examination of USB stock, go to TipRanks’ Stock Analysis page.
