U.S. Bancorp reported Q1/17 net income of $1,473 million was up 6.3% from the same quarter in 2016. Average lease financing loans of $5.46 billion in Q1/17 were up 4.1% from $5.24 billion in Q1/16. read more

APR 21, 2017 - 7:24 am

U.S. Bancorp reported record net income of $5,888 million for the full year 2016. Total net revenue of $21.3 billion was up almost 5% from $20.3 billion a year earlier. read more

JAN 19, 2017 - 6:56 am

Andy Cecere, currently president and chief operating officer, will succeed Richard Davis as CEO of U.S. Bancorp on April 18, 2017, the date of the bank’s annual meeting of shareholders. read more

JAN 18, 2017 - 6:33 am

U.S. Bancorp reported Q3/16 net revenue was up $242 million or 4.7% from the same quarter a year earlier. read more

OCT 20, 2016 - 7:12 am

U.S. Bancorp reported record Q2/16 net income of $1,522 million compared with $1,483 million a year earlier. Revenue was a record $5.45 billion, up 8.1% from $5.0 billion a year earlier. read more

JUL 18, 2016 - 7:27 am

U.S. Bancorp reported 2015 full year net income of $5,879 million, which was a record compared to $5,851 million a year earlier. The bank noted the continued stability in its net interest margin of 3.06% and 3.05% in Q4/15 and full year, respectively. read more

JAN 18, 2016 - 7:10 am

U.S. Bancorp reported Q3/15 earnings of $1,489 million was up from $1,471 million a year earlier. The bank’s Q3/15 EPS of $0.81 met analysts’ expectations and was a record achievement. read more

OCT 16, 2015 - 7:13 am

U.S. Bancorp and Zions Bank announced a renewable-energy tax-equity syndication agreement that will provide financing for a wind and solar project near Tucson, AZ. read more

AUG 3, 2015 - 7:16 am

U.S. Bancorp reported Q2/15 net income of $1,483 million compared with $1,495 million in Q2/14. Earnings per share of $0.80 met the expectations of analysts polled by Thomson Reuters. read more

JUL 16, 2015 - 7:02 am

U.S. Bancorp reported Q1/15 net income of $1,431 million was up 2.4% from $1,397 million a year earlier driven by earning asset growth. The bank also noted its Q1 net interest margin of 3.08% was down from 3.35% a year earlier. read more

APR 15, 2015 - 10:16 am

U.S. Bancorp and ORIX USA announced the closing of U.S. Bancorp’s first renewable energy syndication, which is expected to enable SolarCity to install approximately 2,500 solar power systems at homes and businesses in nine states. read more

APR 1, 2015 - 6:55 am

U.S. Bancorp reported Q4/14 net income of $1.49 million or $.79 EPS beating analysts’ expectations of $0.77 EPS. The bank also said full year net income was a record $5.85 billion. read more

JAN 22, 2015 - 7:14 am

Bloomberg reported that U.S. Bancorp plans to add as many as 4,500 jobs by the end of 2015 with many of the new jobs needed to meet regulatory demands. read more

NOV 24, 2014 - 7:03 am

U.S. Bancorp reported net income of $1,471 million for the third quarter of 2014 compared with $1,468 million in the third quarter of 2013. Full year 2014 net income was $4.36 billion, down 0.4% from a year earlier. read more

OCT 22, 2014 - 8:45 am