Reports Q4: Average total deposit growth of 4.3% year-over-year and a decrease of 1.9% on a linked quarter basis; Average total loan growth of 3.6% year-over-year and a decrease of 1.1% on a linked quarter basis; Return on average assets of 0.99%, return on average common equity of 12.9%, and efficiency ratio of 61.1%, as adjusted for notable items; Noninterest income increased 12.1% year-over-year and decreased 0.9% on a linked quarter basis, as adjusted for notable items; CET1 capital ratio of 9.9% at December 31, 2023, compared with 9.7% at September 30, 2023.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on USB:
- Options Volatility and Implied Earnings Moves This Week, January 16 – January 19, 2024
- USB Earnings this Week: How Will it Perform?
- U.S. Bancorp price target raised to $48 from $43 at Deutsche Bank
- U.S. Bancorp price target raised to $47 from $39 at HSBC
- US Bancorp put volume heavy and directionally bearish
