U.S. Bancorp Profit Beats Estimates on Commercial Loan GainsBy
Second-quarter profit climbs 2.6% to a record $1.52 billion
Total average loans increase 8.1% as energy provisions fall
U.S. Bancorp, the nation’s largest regional lender, posted record second-quarter profit that beat analysts’ estimates as gains in commercial and credit-card loans helped drive revenue.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.