U.S. Bancorp Q4 Earnings Meet Profit Expectations But Miss on Revenue
The $553 billion asset U.S. Bancorp (NYSE: USB) delivered earnings in the fourth quarter of 2020 that met analysts' profit estimates, but missed on revenue expectations.
The bank reported net income of $1.5 billion in the quarter, or $0.95 diluted earnings per common share, which is up from the fourth quarter of 2019 and essentially almost exactly what analysts were projecting.
Source Fool.com