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US Bancorp sees outages in stable cards and an increase in sales

US Bancorp's most recent quarter showed continued card balance growth, the resiliency of its so-called “differentiated business model” and credit quality metrics that were in line with expectations. CEO Andrew Cecere said on the conference call with analysts that the company had seen “good momentum across several fee-based business initiatives,” adding that net charge-off rates […]

US Bancorp Reports Third Quarter 2024 Results

MINNEAPOLIS, October 16, 2024–(BUSINESS WIRE)–US Bancorp today reported its third quarter 2024 results. The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information. At 7 a.m. Central Time, Chairman and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call […]