U.S. Bancorp Reports Second Quarter 2015 Earnings
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U.S. Bancorp (USB) Reports In-Line Q2 EPS
July 15, 2015 7:16 AM EDTU.S. Bancorp (NYSE: USB) reported Q2 EPS of $0.80, in-line with the analyst estimate of $0.80. Revenue for the quarter came in at $5.04 billion versus the consensus estimate of $5.05 billion.
Highlights for the second quarter of 2015 included:
Return on average assets of 1.46 percent and average common equity of 14.3 percentGrowth in average total loans of 4.0 percent over the second quarter of 2014 and 0.7 percent on a linked quarter basis (excluding student loans, which were reclassified to held for sale at the end of the first quarter... More