U.S. Bancorp: Still Banking On 7.8% Floating Preferred Yield

Introduction U.S. Bancorp Earnings Results Net Interest Income $5,000 100% $4,500 90% $4,000 80% 70% $3,500 $3,000 60% $2,500 50% $2,000 40% $1,500 30% $1,000 20% $500 10% $0 0% Q1 19 -NII I NII% pandemic levels as the bank has been able to put its assets to work, eaming more income. Asset and Borrowing Yields 6% 5% 4% 3% 2% 1% 0% Q3 19 Q1 20 Q3 20 Q1 21 Q1 22 Q1 19 Q3 22 Q3 23 Q1 24 Q3 21 Q1 23 Asset Yield Borrowing Yield Bank Financials On the balance sheet side, loan growth edged up marginally for the se ...