U.S. Bancorp: Get Out Before The Fed Pivot

Stable balance sheet quality Core Provision for Credit Losses Trending $553 $568 $515 $512 $30 $65 $95 $49 2.08% 2.10% 2.11% 2.11% $420 $488 $463 $538 3Q23 2Q24 4Q23 1Q24 NCOs Reserve Build Allowance for Credit Losses/ Period-end Loans U.S. Bancorp's valuation 1 11 H 10000 100 1 ц n i 1 le um 1 l 11 1 i H 100 III Ther Sundry Photography U.S. Bancorp (NYSE: USB) beat second-quarter earnings consensus estimates last week Wednesday, despite the commercial bank reporting a 9% decline in in its net interest inco ...