U.S. Bancorp Reports Record FY Earnings, Q4 Beats Estimates

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.

January 22, 2015 U.S. Bancorp ABF Journal

U.S. Bancorp to Expand Freight-Payment Trade Finance

U.S. Bancorp is extending its freight-payment trade finance service into Europe.

October 6, 2014 Elavon | U.S. Bancorp ABF Journal

U.S. Bancorp Reports Record Q2 Earnings

U.S. Bancorp reported Q2/14 record net income of $1,495 million compared with $1,484 million in Q2/13. The bank noted that both interest income and noninterest income were up 2.7% and 7.4%, respectively.

July 17, 2014 U.S. Bancorp ABF Journal

WSJ: Major Banks Halt Short-Term Loans Amid Regulatory Scrutiny

The Wall Street Journal reported large U.S. banks will stop offering a form of short-term borrowing that has attracted regulatory scrutiny and complaints from consumer advocates over the loans’ costs.

January 20, 2014 Fifth Third Bancorp | U.S. Bancorp | wells fargo ABF Journal

U.S. Bancorp Promotes Parker to Vice Chairman, CRO

U.S. Bancorp said it promoted P.S. “Bill” Parker to the position of vice chairman and chief risk officer, overseeing all risk and compliance functions at the bank.

December 13, 2013 P.W. "Bill" Parker | U.S. Bancorp ABF Journal

U.S. Bancorp Reports Record Q2 Earnings

U.S. Bancorp reported record Q2/13 net income of $1,484 million, up 4.9% from $1,415 million a year earlier. The bank said earnings were driven by a reduction in noninterest expense and lower provision charges.

July 17, 2013 U.S. Bancorp ABF Journal

U.S. Bancorp Reports Q1 Earnings 6.7% Higher

U.S. Bancorp reported net income of $1,428 million for the first quarter of 2013, up from $1,338 million or 6.7% from the same quarter one-year ago. The bank said earnings were driven by lower noninterest expense and a lower provision for credit losses.

April 16, 2013 Richard K. Davis | U.S. Bancorp ABFJ News