U.S. Bancorp: NII Growth, Dividend Increase, Upside

U.S. Bancorp (NYSE: USB ) reported better-than-expected earnings for its second fiscal quarter due to strong loan performance, falling credit provisions as well as high interest rates that propped up the bank's net interest income. With the regional lender guiding forAnalyst’s Disclosure:I/we have a beneficial long position in the shares of USB, BAC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...