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U.S. Bancorp Q4 Earnings Beat on Higher Fee Income, Stock Declines
ZACKS· 2025-01-18 01:10
U.S. Bancorp's (USB) fourth-quarter 2024 adjusted earnings per share of $1.07 surpassed the Zacks Consensus Estimate of $1.06. Also, the figure reflected a jump of 8.1% from the prior-year quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.U.S. Bancorp Price, Consensus and EPS Surprise Total revenues in the reported quarter were $6.98 billion, up 3.7% year over year. The top line missed the Zacks Consensus Estimate by 0.6%. The primary driver for the upside was higher no ...
Customers Bancorp, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 31, 2025 to Discuss Your Rights - CUBI
ACCESSWIRE Newsroom· 2025-01-18 00:55
Customers Bancorp, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 31, 2025 to Discuss Your Rights - CUBI ...
The Schall Law Firm Invites Investors With Losses To Join A Securities Fraud Case Against Customers Bancorp, Inc.
ACCESSWIRE Newsroom· 2025-01-17 22:45
The Schall Law Firm Invites Investors With Losses To Join A Securities Fraud Case Against Customers Bancorp, Inc. ...
U.S. Bancorp: I Was Wrong (Rating Upgrade)
Seeking Alpha· 2025-01-17 22:33
U.S. Bancorp (NYSE: USB ) reported weaker than expected earnings for the last quarter of the 2024 fiscal year. With a Federal Reserve guiding for a slower pace of federal fund rate cuts in 2025, U.S. Bancorp has potentialI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia.Analyst’s Disclosure: I/we have no ...
Private Bancorp of America, Inc. Announces Record Net Income and Earnings Per Share for Fourth Quarter 2024
GlobeNewswire News Room· 2025-01-17 21:00
LA JOLLA, Calif. , Jan. 17, 2025 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM), ("Company") and CalPrivate Bank ("Bank") announced unaudited financial results for the fourth fiscal quarter ended December 31, 2024. The Company reported net income of $10.7 million, or $1.82 per diluted share, for the fourth quarter of 2024, compared to $9.5 million, or $1.63 per diluted share, in the prior quarter, and $7.9 million, or $1.36 per diluted share, in the fourth quarter of 2023. For the fiscal ...
Levi & Korsinsky Notifies Customers Bancorp, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - CUBI
ACCESSWIRE Newsroom· 2025-01-17 09:45
Levi & Korsinsky Notifies Customers Bancorp, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - CUBI ...
US Bancorp Anticipates Fee-Based Momentum After Year of ‘Uncertainty'
PYMNTS.com· 2025-01-17 04:32
U.S. Bancorp’s most recent quarter took note of changing dynamics in deposit activity, growth in card loans, and momentum in its payments-related business lines that should last through the current year, according to management commentary Thursday (Jan. 16).Earnings materials show credit card loans were $29.4 billion at the end of the most recent quarter, up from $27.7 billion a year ago. Net charge-offs were 4.28% in the most recent period, as measured against the overall credit card loan book, compared to ...
U.S. Bancorp Tops on Q4 Earnings on Rise in Non-Interest Income
ZACKS· 2025-01-17 02:00
U.S. Bancorp’s (USB) fourth-quarter 2024 adjusted earnings per share (excluding the impacts of notable items) of $1.07 beat the Zacks Consensus Estimate of $1.06 per share. However, the bottom line increased 8.1% from the prior-year quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Results have benefited from lower expenses and higher non-interest income. Also, a rise in net interest income (NII) and strong capital position were tailwinds. However, weak asset quality wa ...
Customers Bancorp, Inc. Is Being Sued For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
ACCESSWIRE Newsroom· 2025-01-17 00:15
Customers Bancorp, Inc. Is Being Sued For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm ...
The Bancorp (TBBK) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-17 00:06
The Bancorp (TBBK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the st ...