U.S. Bancorp Reports Fourth Quarter and Full Year 2018 Results
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U.S. Bancorp (USB) Tops Q4 EPS by 4c, Revenues Beat
January 16, 2019 6:47 AM ESTU.S. Bancorp (NYSE: USB) reported Q4 EPS of $1.10, $0.04 better than the analyst estimate of $1.06. Revenue for the quarter came in at $5.83 billion versus the consensus estimate of $5.73 billion.
4Q18 and Full Year Highlights
Net income of $1,856 million and diluted earnings per common share of $1.10 for 4Q18, including $45 million of notable items, net of taxes, representing an increase of $0.03 per diluted common shareIndustry leading return on average assets of 1.59% and return on average common equity of 15.8% for... More