Lower NII to Hurt U.S. Bancorp's Q3 Earnings, Fee Income to Aid
TBBKThe Bancorp(TBBK) ZACKS·2024-10-09 02:43

U.S. Bancorp (USB) is scheduled to report third-quarter 2024 results on Oct. 16, before the opening bell. The company is expected to have witnessed year-over-year declines in quarterly revenues and earnings. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, USB's earnings surpassed the Zacks Consensus Estimate on a rise in non-interest income and lower expenses. However, a decline in net interest income (NII) was a major headwind. U.S. Bancorp has a dece ...