U.S. Bancorp (USB) Stock Stays Quiet Despite Stronger Profit Engine
Simply Wall St reports U.S. Bancorp (USB) shares rose 0.2% to $63.94 after Q2 results. EPS was $1.35, up from $1.11 a year earlier, with net income (ex items) $2,098m vs. $1,733m. Revenue rose to $7,148m. Net interest margin improved to 2.79%, and the article cites a 3.25% dividend yield and P/E of 12.8x.
