U.S. Bancorp (NYSE:USB) Q2'25 Outlook for Commercial Banks April 29, 2025 1:00 PM ET Company Participants Maureen McKenna - Head of Partnerships for the Commercial Banking at S&P Global Market Intelligence Nathan Stovall - Director of our Financial Institutions Beth Ann Bovino - Chief Economist Maureen McKenna Welcome to today's webcast, our Q2 '25 U.S. Commercial Bank Outlook, assessing bank performance in an uncertain economic environment. My name is Maureen McKenna, Head of Partnerships for the Commercia ...

U.S. Bancorp (USB) reported $6.96 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.1%. EPS of $1.03 for the same period compares to $0.90 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.92 billion, representing a surprise of +0.60%. The company delivered an EPS surprise of +4.04%, with the consensus EPS estimate being $0.99.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

U.S. Bancorp (USB) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.04%. A quarter ago, it was expected that this company would post earnings of $1.06 per share when it actually produced earnings of $1.07, delivering a surprise of 0.94%.Over the last four quarters, the company has su ...

U.S. Bancorp (NYSE:USB) Q1 2025 Earnings Conference Call April 16, 2025 9:00 AM ET Company Participants George Andersen - Director of Investor Relations Gunjan Kedia - President and Chief Executive Officer John Stern - Senior Executive Vice President and Chief Financial Officer Andy Cecere - Chairman and Chief Executive Officer Conference Call Participants Gerard Cassidy - RBC Capital Markets Scott Siefers - Piper Sandler John McDonald - Truist Securities Betsy Graseck - Morgan Stanley Mike Mayo - Wells Far ...

一季度净利息收入41.2亿美元，预计为41.3亿美元。 美国合众银行一季度每股收益1.03美元，预估0.98美元。 一季度经调整后每股收益1.03美元，预估0.97美元。 ...

Financial Performance - Total interest income for Q1 2025 was $7,516 million, a decrease of 4.0% from $7,764 million in Q1 2024[2] - Net interest income after provision for credit losses was $3,555 million, slightly down from $3,432 million in Q1 2024, reflecting a year-over-year increase of 3.6%[2] - Noninterest income totaled $2,836 million, showing a slight increase from $2,700 million in Q1 2024, representing a growth of 5.0%[2] - Net income attributable to U.S. Bancorp was $1,709 million, up from $1,319 million in Q1 2024, marking a significant increase of 29.6%[2] - Earnings per common share for Q1 2025 were $1.03, compared to $0.78 in Q1 2024, reflecting a year-over-year increase of 32.1%[2] - Total net revenue for Q1 2025 was $1,778 million, slightly down from $1,681 million in Q1 2024, a decrease of 5.8%[24] Asset and Deposit Trends - Total assets decreased to $676,489 million from $683,606 million in Q1 2024, a decline of 1.9%[3] - Total deposits were $512,525 million, down from $528,063 million in Q1 2024, representing a decrease of 2.9%[3] - Total assets increased to $669,393 million as of March 31, 2025, up from $653,909 million a year earlier, representing a 2.4% growth[7] - Total deposits decreased to $269,411 million in Q1 2025, down 1.4% from $274,569 million in Q4 2024[16] - Total deposits remained stable at $220,014 million in Q1 2025 compared to $220,187 million in Q1 2024, a slight decrease of 0.1%[18] - Total deposits increased to $14,332 million in Q1 2025, compared to $13,122 million in Q1 2024, marking a growth of 9.2%[28] Loan and Interest Metrics - Total loans reached $379,028 million, a 2.1% increase from $371,070 million in the same period last year[7] - Total loans increased to $177,973 million in Q1 2025, up 2.2% from $173,111 million in Q4 2024[15] - Total loans decreased to $153,945 million in Q1 2025 from $154,956 million in Q1 2024, a decline of 0.7% year-over-year[18] - The net interest margin was 2.72% for Q1 2025, slightly up from 2.70% in Q1 2024, indicating stable interest income generation[2] - The net interest margin (taxable-equivalent basis) was 4.58% in Q1 2025, compared to 4.84% in Q4 2024[17] - The net interest margin (taxable-equivalent basis) was not measurable (nm) in Q1 2025, indicating potential challenges in interest income generation[27] Efficiency and Profitability - The return on average assets improved to 1.04% in Q1 2025, compared to 0.81% in Q1 2024[2] - The efficiency ratio improved to 60.8% in Q1 2025, down from 66.4% in Q1 2024, indicating better cost management[2] - The efficiency ratio improved to 46.0% in Q1 2025 from 43.2% in Q4 2024[14] - The return on average assets improved to 2.94% in Q1 2025, compared to 2.03% in Q1 2024, indicating enhanced profitability[24] - The efficiency ratio improved to 56.7% in Q1 2025 from 59.9% in Q1 2024, demonstrating better cost management[24] Nonperforming Loans and Credit Losses - Nonperforming loans decreased to $1,273 million in Q1 2025, down from $1,384 million in Q4 2024[15] - Nonperforming loans decreased to $383 million in Q1 2025 from $389 million in Q1 2024, a reduction of 1.5%[18] - Provision for credit losses decreased to $10 million in Q1 2025 from $50 million in Q4 2024[14] - Provision for credit losses was $62 million in Q1 2025, down from $80 million in Q4 2024[17] - The allowance for loan losses was $7,589 million, a slight increase of 2.0% from $7,438 million year-over-year[7] Other Key Metrics - The number of branches decreased to 2,117 in Q1 2025 from 2,256 in Q1 2024, a reduction of 6.2%[19] - Payment volumes for retail payment solutions reached $60,989 million in Q1 2025, an increase of 3.5% from $58,945 million in Q1 2024[26] - The number of merchant transactions reached 2,014,546,904 in Q1 2025, an increase from 1,930,302,342 in Q1 2024, representing a growth of 4.4%[26] - Mortgage banking revenue increased to $173 million in Q1 2025, up from $166 million in Q1 2024, representing a growth of 4.2%[20] - Total mortgage production volume decreased to $6,562 million in Q1 2025 from $7,129 million in Q1 2024, a decline of 8.0%[20]

Core Viewpoint - Analysts expect U.S. Bancorp (USB) to report quarterly earnings of $0.99 per share, reflecting a 10% year-over-year increase, with revenues projected at $6.92 billion, up 3.6% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 1.7% lower in the last 30 days, indicating a reevaluation by analysts [1][2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [2] Key Metrics Forecast - Analysts estimate an 'Efficiency Ratio' of 60.9%, down from 66.4% a year ago [4] - 'Average Balances - Total earning assets' are expected to reach $614.98 billion, up from $596.14 billion in the same quarter last year [4] - 'Total nonperforming loans' are projected at $1.84 billion, compared to $1.74 billion a year ago [4] Additional Financial Metrics - 'Total nonperforming assets' are estimated at $1.87 billion, up from $1.79 billion last year [5] - The 'Leverage ratio' is expected to be 8.4%, compared to 8.1% a year ago [5] - 'Tier 1 Capital Ratio' is projected at 12.5%, up from 11.6% in the same quarter last year [5] Income Projections - 'Total Noninterest Income' is expected to be $2.80 billion, compared to $2.70 billion last year [6] - 'Net interest income (taxable-equivalent basis)' is projected at $4.13 billion, up from $4.02 billion in the same quarter last year [6] Revenue Breakdown - 'Mortgage banking revenue' is expected to reach $144.60 million, down from $166 million a year ago [7] - 'Other- noninterest income' is projected at $148.38 million, compared to $134 million last year [7] - 'Commercial products revenue' is expected to be $372.70 million, down from $388 million last year [8] - 'Service charges' are projected at $318.08 million, slightly up from $315 million a year ago [8] Stock Performance - U.S. Bancorp shares have decreased by 9% in the past month, compared to a 6.1% decline in the Zacks S&P 500 composite [8]

U.S. Bancorp (USB) shares soared 8% in the last trading session to close at $39.30. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12.4% loss over the past four weeks.U.S. Bancorp witnessed a strong price increase driven by President Donald Trump's unanticipated announcement on April 9, 2025, of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China. The tariff pause eased immediate worries about es ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider U.S. Bancorp (USB) . This company, which is in the Zacks Banks - Major Regional industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1.97%.For the most recent ...

Core Viewpoint - U.S. Bancorp is the fifth largest bank in the United States with assets of approximately $678 billion and a market capitalization of $73 billion, which has experienced some volatility recently [1]. Company Overview - U.S. Bancorp operates around 2,100 to 2,159 branches across the United States [1]. - The current CFO, John Stern, has been in the role for less than two years and has a long tenure with the bank in various capacities [2][3][4]. Leadership - Arijit Roy serves as the Senior Executive Vice President and Head of Consumer and Business Banking Products, having taken over this position in June 2024 [8].