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U.S. Bancorp Posts Better-Than-Expected Fourth-Quarter Earnings
Strong revenue from lending and fee-based offerings helps propel earnings past analysts' expectations.
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The Minneapolis-based bank said it earned $1.78 billion, or $1.10 a share, in the fourth quarter, vs. $1.61 billion, or 97 cents a share, in the year-earlier period.
Analysts polled by FactSet were expecting U.S. Bancorp to report earnings of $1.06 a share.
Revenue for the quarter rose 4.1% to $5.83 billion from $5.60 billion last year.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: USBc1dl1706.png]](https://finviz.com/publish/011619/USBc1dl1706.png)
Strong revenue from lending and fee-based offerings helps propel earnings past analysts' expectations.
...
The Minneapolis-based bank said it earned $1.78 billion, or $1.10 a share, in the fourth quarter, vs. $1.61 billion, or 97 cents a share, in the year-earlier period.
Analysts polled by FactSet were expecting U.S. Bancorp to report earnings of $1.06 a share.
Revenue for the quarter rose 4.1% to $5.83 billion from $5.60 billion last year.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
