U.S. Bancorp (NYSE:USB ) Goldman Sachs 2024 U.S. Financial Services Conference Call December 11, 2024 9:20 AM ET Company Participants Andrew Cecere - Chairman & CEO John Stern - Senior Executive VP & CFO Conference Call Participants Richard Ramsden - Goldman Sachs Group Richard Ramsden Okay. I'm delighted to welcome our next panelists.
U.S. Bancorp (NYSE:USB ) BancAnalysts Association of Boston's Annual Bank Conference November 7, 2024 10:30 AM ET Company Participants John Stern - Senior Executive Vice President and Chief Financial Officer Stephen Philipson - Senior Executive Vice President and Head of Wealth, Corporate, Commercial and Institutional Banking Conference Call Participants Gerard Benson - Fidelity Gerard Benson Good morning, everyone. There we go.
Does U.S. Bancorp (USB) have what it takes to be a top stock pick for momentum investors? Let's find out.
U.S. Bancorp (USB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
A decline in non-interest expenses supports U.S. Bancorp's third-quarter 2024 earnings amid lower NII and non-interest income, and poor credit quality.
U.S. Bancorp (NYSE:USB ) Q3 2024 Earnings Call Transcript October 16, 2024 8:00 AM ET Company Participants George Andersen - SVP and Director of IR Andy Cecere - Chairman and CEO John Stern - CFO Gunjan Kedia - President Conference Call Participants Scott Siefers - Piper Sandler John Pancari - Evercore ISI Betsy Graseck - Morgan Stanley Erika Najarian - UBS Mike Mayo - Wells Fargo Securities Gerard Cassidy - RBC Capital Markets Vivek Juneja - JPMorgan Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Operator Hello, and welcome to the U.S. Bancorp Third Quarter 2024 Earnings Conference Call. Following a review of the results, there will be a formal question-and-answer session.
While the top- and bottom-line numbers for U.S. Bancorp (USB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
U.S. Bancorp (USB) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.05 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for U.S. Bancorp (USB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
U.S. Bancorp (USB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The largest banks in the U.S. are looking at more favorable capital rules under a proposal laid out last year. The new framework relaxes previously stringent capital rules for banks with assets between $100 billion and $250 billion.
U.S. Bancorp's (USB) strategic expansion efforts, diversified revenue sources and solid balance sheet position are tailwinds. Yet, rising costs are a concern.