业绩总结 - 4Q23调整后每股收益为$0.99，较3Q23增长20个基点[7] - CET1资本比率为9.9%，较3Q23增长7.0%[7] - 调整后净收入较去年同期增长12.1%[7] - 非利息收入较去年同期增长12.1%[7] - 净资产回报率为0.49%，较3Q23上升5个基点，较4Q22上升26个基点[9] - 不良资产比率为0.40%，较3Q23下降5个基点，较4Q22下降14个基点[9] - 总资产为6635亿美元，较上季度下降1.9%，较去年同期增长4.7%[10] - CET1资本比率为9.9%，较上季度增加20个基点，较去年同期增加150个基点[10] - 总贷款为3738亿美元，较上季度下降1.1%，较去年同期增长3.6%[10] - 总存款为5123亿美元，较上季度下降1.9%，较去年同期增长4.3%[10] 未来展望 - 联合银行收购实现了9亿美元的年度成本协同效益[38] - 平均总贷款由于遗留贷款组合的增长和联合银行收购而增长[41] 新产品和新技术研发 - 除了重要项目外，联合银行收购导致的合并和整合相关费用为本季度带来了171M美元的支出[29] 市场扩张和并购 - 从前一季度来看，信用卡净核销率为3.65%，30-89天和90+天逾期贷款率的增加反映了投资组合的正常化[54] - 从前一季度来看，其他零售业务的净核销率下降，而逾期贷款和不良贷款从上一季度增加[55]

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp reported its fourth quarter 2023 results today. The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information. At 7 a.m. Central Time, Chairman, President and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results. The conference call will be available online or by te ...

第四季度业绩预测 - 美国合众银行将于1月17日公布第四季度和2023年的业绩，预计季度营收将同比改善，而盈利预计将下降[1] - 第四季度盈利的Zacks Consensus Estimate为99美分，预计较去年同期下降了17.5%[4] - 季度营收的共识预期为68.3亿美元，较去年同期增长了7.7%[5] 盈利情况分析 - U.S. Bancorp在上个季度盈利超过了Zacks Consensus Estimate，但受到较高支出的影响，净利息收入和非利息收入增加是积极因素[2] - 公司拥有强大的盈利惊喜历史，过去四个季度中，盈利超过预期三次，平均超额为2.71%[3] 影响因素分析 - 贷款需求和NII是主要影响美国合众银行第四季度业绩的因素，贷款活动可能受到限制，整体贷款情况疲软[6]

Wall Street analysts expect U.S. Bancorp (USB) to post quarterly earnings of $0.99 per share in its upcoming report, which indicates a year-over-year decline of 17.5%. Revenues are expected to be $6.82 billion, up 7.7% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timefram ...

Sundry PhotographyU.S. Bancorp (NYSE:USB) offers an interesting dividend yield that seems to be sustainable over the long term, being supported by the bank’s strong fundamentals and conservative dividend payout ratio. As I stated back in 2021, U.S. Bancorp is a quality company within the banking sector and offers good income perspectives for long-term investors, due to a sustainable dividend over the long term. However, its share price performance has been mixed since then, as the benefit of higher inte ...

The most recent trading session ended with U.S. Bancorp (USB) standing at $43.21, reflecting a +1.08% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, lost 0.56%.Coming into today, shares of the company had gained 9.39% in the past month. In that same time, the Finance sector gained 4.45%, while the S&P 500 gained 2.56%.The upcoming earnings release of U.S. Bancorp will ...

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) will release its fourth quarter 2023 earnings results before the market opens on Wednesday, January 17, 2024. At 7 a.m. CT, Chairman, President and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results. The live conference call will be available online or by telephone. Via internet: To access the webcast and presentation, visit the U.S. ...

并购和转换 - U.S. Bancorp成功完成了Union Bank的并购、整合和转换[9] - Union Bank交易的整合和转换进展顺利，超出预期，为公司带来了更多的收入机会[46][47] - 在数字时代进行的规模较大的并购是一次学习经验，加速了个人注册的速度，这是一个重要的学习[49] 财务表现 - 成功实现了9亿美元的成本削减目标，并将在2024年全年完全体现在运营中[10] - 预计2024年调整后的收入将在68亿美元至69亿美元之间，调整后的费用约为42亿美元，净利息收入在41亿美元至42亿美元之间[24] - 预计2024年调整后的核心支出将与2023年持平[25] 资本和风险管理 - 资本构建加速，从9.7%下降至8.4%，然后在3个季度内回升了130个基点，恢复至9.7%[12][17] - 资本生成率为130个基点，目前回到交易前水平[93] - 公司资本方面已经跨越障碍，现在处于Cat II的水平[111] 贷款和存款 - 贷款增长在过去一年有所放缓，尤其是商业贷款和信用卡之外的贷款[54] - 银行的存款趋势相对稳定，受到央行资产负债表缩减的影响，但整体保持稳定[61] - 存款竞争环境相对于6个月前有所减弱，尤其在零售领域，银行更加注重利率和存款量之间的平衡[67] 未来展望 - 预计2024年将实现软着陆，预计在2024年下半年会有两次降息，但预计会实现软着陆并恢复至正常水平[30] - 银行预计净利息收入将在第四季度见底，随着利率和贷款需求的变化，未来净利息收入有望逐渐增长[79] - 重点关注服务客户和扩大关系，而非回购股票[98]

公司概况 - U.S. Bancorp是美国第五大银行，截至9月30日资产规模达到6680亿美元[2] - U.S. Bancorp拥有11,000名员工，占银行收入的38%，贷款和存款的50%[12] 业务分布 - U.S. Bancorp的财富管理和资本市场业务占收入的34%，包括财富管理、资本市场和资产管理业务[14] - 公司在中小企业市场拥有一家医疗软件服务客户，客户增长超过15%至20%[25] - 公司在小型企业医疗保健领域提供银行、财富管理、支付和商户服务的组合[25] - 公司在私人资本领域服务增长迅速，资产规模全球达12万亿美元，资产管理规模增长20%至25%[27] 市场扩张 - 公司计划在加州、亚利桑那、得克萨斯、佛罗里达、乔治亚、北卡罗来纳、纽约等地扩展业务[30] 风险管理 - 公司通过对AFS投资组合进行对冲，缩短了投资组合的持续期[44] - 公司的利率对冲计划有助于管理利率风险，确保符合公司的净利息收入定位[56] - 公司的利率对冲计划主要基于SOFR替代LIBOR[58] - 公司综合考虑不同的对冲计划，以确保符合公司的利率风险管理目标[60]

November 2, 2023 BancAnalysts Association of Boston Conference 2023 John Stern Senior Executive Vice President and Chief Financial Officer Gunjan Kedia Vice Chair, Wealth, Corporate, Commercial, and Institutional Banking ...