For the quarter ended September 2024, U.S. Bancorp (USB) reported revenue of $6.83 billion, down 2.4% over the same period last year. EPS came in at $1.03, compared to $1.05 in the year-ago quarter.The reported revenue represents a surprise of -0.68% over the Zacks Consensus Estimate of $6.88 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +3.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

U.S. Bank | Confidential 1 October 16, 2024 U.S. Bancorp 3Q24 Earnings Conference Call Forward-looking Statements and Additional Information The following information appears in accordance with the Private Securities Litigation Reform Act of 1995: This presentation contains forward-looking statements about U.S. Bancorp. Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements and are based on the information available to, and as ...

U.S. Bancorp (USB) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3%. A quarter ago, it was expected that this company would post earnings of $0.96 per share when it actually produced earnings of $0.98, delivering a surprise of 2.08%.Over the last four quarters, the company has surpasse ...

Supplemental Consolidated Schedules Third Quarter 2024 | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|----------------------------------|---------------|----------------|-------------------|---------------------| | QUARTERLY CONSOLIDATED STATEMENT \n(Dollars and Shares in Millions, Except Per Share Data) (Unaudited) | OF INCOME \nSeptember 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | Sep ...

Wall Street analysts forecast that U.S. Bancorp (USB) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year decline of 4.8%. It is anticipated that revenues will amount to $6.88 billion, exhibiting a decline of 1.7% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

Wall Street expects a year-over-year decline in earnings on lower revenues when U.S. Bancorp (USB) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 16, 2024, might help the stock move higher if these key numbers are better than e ...

Pune, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, “The USB Devices Market Size was valued at USD 32.28 billion in 2023 and is expected to reach USD 79.41 billion by 2032 and grow at a CAGR of 10.52% over the forecast period 2024-2032.” The USB Devices Market is experiencing dynamic growth in response to changing demands. The USB devices market has experienced steady growth fueled by the rising demand for efficient data transfer and power supply solutions across various sectors. ...

Michael Barr, vice chair of supervision at the Fed, plans to re-propose new capital rules for Basel Endgame.After three large regional banks collapsed last year, the industry braced itself for blowback, not only from the public but from a regulatory perspective as well. Since the Great Recession happened roughly 16 years ago, banks have been waiting for the final phase of capital rules.This framework, referred to as Basel III Endgame (BE3), would stipulate a wide set of requirements for the largest banks. T ...

U.S. Bancorp’s (USB) shares have gained 12% in the past three months, outperforming the industry’s growth of 5.1% and the S&P 500’s rise of 5.8%. USB is currently trading just 1% off its 52-week high of $45.88 hit on Jul 30.  Image Source: Zacks Investment ResearchThe company’s inorganic growth move and strong balance sheet will support its financials in the long term.Analyst Estimates: Over the past seven days, the Zacks Consensus Estimate for earnings per share of $3.89 and $4.23 has remained unchanged fo ...

U.S. Bancorp’s (USB) — banking division — U.S. Bank entered into a strategic partnership with Edward Jones. The collaboration is intended to offer comprehensive banking and credit card solutions to Edward Jones clients.Beginning in late 2025, Edward Jones financial advisors will have the chance and resources to introduce co-branded U.S. Bank deposit and credit card products to their U.S. clients.With the help of U.S. Bank, Edward Jones' U.S. clients will be able to access a wider range of banking products v ...