U.S. Bancorp: Earnings Exceed Forecasts
The Bancorp(TBBK) The Motley Fool·2025-01-16 23:33
U.S. Bancorp surpassed earnings expectations for Q4 2024, but faces ongoing economic challenges and regulatory uncertainties.Regional banking leader U.S. Bancorp (USB -6.84%) reported fourth-quarter 2024 earnings on Thursday, Jan. 16, that showed a modest outperformance of Wall Street consensus expectations. Earnings per share (EPS) of $1.07 beat analysts' expectations of $1.05. Revenue also slightly exceeded projections at $7.01 billion against the $7 billion forecast. The quarter was marked by strong net ...