Gear Up for U.S. Bancorp (USB) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts expect U.S. Bancorp (USB) to report quarterly earnings of $1.06 per share, reflecting a year-over-year increase of 7.1% and revenues of $7.02 billion, up 4.3% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 0.2% higher over the last 30 days, indicating a collective reevaluation by analysts [1][2] Key Financial Metrics - Total earning assets are projected to reach $608.85 billion, up from $594.24 billion in the same quarter last year [4] - Total nonperforming assets are expected to be $1.93 billion, compared to $1.49 billion a year ago [4] - The Efficiency Ratio is estimated at 59.7%, a significant improvement from 75.9% in the same quarter last year [5] - Total nonperforming loans are forecasted at $1.88 billion, up from $1.45 billion year-over-year [5] - The Tier 1 Capital Ratio is expected to be 12.5%, compared to 11.5% in the same quarter last year [5] - The Leverage Ratio is projected to reach 8.4%, up from 8.1% a year ago [6] Revenue Projections - Mortgage banking revenue is estimated at $155.05 million, compared to $137 million last year [6] - Other noninterest income is projected at $167.98 million, down from $228 million year-over-year [6] - Total Noninterest Income is expected to reach $2.86 billion, up from $2.62 billion last year [7] - Net interest income (FTE) is forecasted at $4.19 billion, slightly up from $4.14 billion a year ago [7] - Commercial products revenue is expected to be $383.00 million, compared to $326 million in the same quarter last year [8] - Service charges are projected at $301.95 million, down from $324 million year-over-year [8] Stock Performance - Over the past month, shares of U.S. Bancorp have returned -7.2%, while the Zacks S&P 500 composite has returned -2.2% [8] - U.S. Bancorp currently holds a Zacks Rank 2 (Buy), indicating potential outperformance in the near future [9]