U.S. Bancorp-USB Q2 Earnings Beat on Higher NII & Non-Interest Income, Stock Down

Key Takeaways USB posted Q2 EPS of $1.11, which beat estimates and rose 13.3% year over year on lower costs and high income. Total revenues rose 2% to$ 7B, driven by gains in NII and non-interest income, but missed estimates. Loan and deposits declined slightly, weighing on investor sentiment and sending the stock down 4% pre-market.U.S. Bancorp’s (USB) second-quarter 2025 earnings per share of $1.11 beat the Zacks Consensus Estimate of$ 1.07. The bottom line increased 13.3% from the prior-year quarter.Re ...