US Bancorp (USB) just unveiled an announcement.
John C. Stern and Gunjan Kedia of U.S. Bancorp presented at the RBC Capital Markets conference, reaffirming the company’s financial guidance for 2024, with expected net interest income of $16.6 billion and fee revenue growth in the mid-single digits. Despite a vendor error causing a disruption in the live webcast, interested parties can access the full presentation online for a year. Additionally, U.S. Bancorp’s recent acquisition, MUFG Union Bank, has resolved a consent order with the OCC, further stabilizing the company’s operational landscape.
See more insights into USB stock on TipRanks’ Stock Analysis page.
