U.S. Bancorp Stock Pops on Q2 Earnings Beat
The Bancorp(TBBK) Investopedia·2024-07-18 01:56
Key TakeawaysU.S. Bancorp reported second-quarter earnings per share (EPS) of $0.97 on revenue of $6.87 billion, beating analysts' estimates.CEO Andy Cecere cited "improved linked quarter net interest income."Shares advanced 5% in intraday trading Wednesday. U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company’s second-quarter results beat analysts' expectations on the top and bottom lines. The company reported earnings per share (EPS) of $0.97 on revenue of $6.87 bi ...