U.S. Bancorp Reports Q1 GAAP EPS of $1.18, Revenue in-Line with Expectations

U.S. Bancorp (USB) reported Q1 GAAP earnings per share of $1.18, beating estimates by $0.04, while revenue of $7.29 billion matched expectations. The company saw a 4.7% year-over-year revenue increase and growth in net interest income and fee revenue.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

U.S. Bancorp Reports Q1 GAAP EPS of $1.18, Revenue in-Line with Expectations

Tickers: $USB

Topics: earnings fee revenue GAAP EPS net interest income revenue growth

Read the full article at Seeking Alpha

More World news