US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased 24.1% to $1.20 billion and EPS declined 25% to $0.78 compared to last year. Adjusted EPS fell ...
alphastreetusx:usb
Regulators have been working on proposed bank changes, called Basel III endgame, which they argue would help strengthen the financial system by requiring banks to hold more capital on their balance sheets. Banks pushed back against these rules, arguing they are well capitalized, and further capital requirements ...
motleyfoolusx:usb
