U.S. Bancorp (USB) Reports In-Line Q1 EPS

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U.S. Bancorp Reports First Quarter 2015 Earnings

April 15, 2015 7:15 AM EDT

Year-over-year increase in earnings per diluted common share of 4.1 percent Return on average assets of 1.44 percent and return on average common equity of 14.1 percent Returned 70 percent of first quarter earnings to shareholders

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB) today reported net income of $1,431 million for the first quarter of 2015, or $0.76 per diluted common share, compared with $1,397 million, or $0.73 per diluted common share, in the first quarter of 2014.

U.S. Bancorp Chairman, President and Chief Executive Officer... More