US Bancorp's latest quarter showed continued growth in card balances, resilience in what it has termed its "differentiated business model" and credit quality metrics that were in line with expectations. CEO Andrew Cecere said on the conference call with analysts that the company experienced "good momentum across several fee business initiatives," and added that net charge-off ratios and late stage delinquency metrics "were all relatively stable compared with the second quarter levels." Drilling down a bit, ...