U.S. Bancorp Meets Expectations, Reports $1.5B 3Q ProfitU.S. Bancorp (USB) on Thursday reported third-quarter profit of $1.49 billion. The bank, based in Minneapolis, said it had earnings of 81 cents per share.
U.S. Bancorp CEO Warns Of Possible LayoffsThe head of Minneapolis-based U.S. Bancorp warns that he might have to lay off some of his employees if interest rates don't start climbing later this year. Chairman and CEO Richard Davis made that comment at a conference this week.
US Bancorp Reports Slight Rise In 3Q ProfitU.S. Bancorp reported a slight rise in third-quarter profit Wednesday versus a year ago, meeting Wall Street expectations. The Minneapolis-based bank posted net income of $1.471 billion, or 78 cents per share, in the quarter, compared with $1.468 billion, or 76 cents per share, in the same quarter a year ago.
Warren Buffett Investing In Mpls.-Based U.S. BancorpNeed some money advice? How about some from business icon Warren Buffett? One of the most successful investors of our time is sharing a secret. He banking on the stock of a Minnesota company.
Good Question: Minnesota & Fortune 500 Companies It’s a source of pride for many Minnesotans – the number of Fortune 500 companies that call Minnesota home. “We live in an amazing state, so I thought a big percentage were here,” said Diane Anderson, of Minneapolis.
US Bancorp 4Q Net Income Rises 5 Percent U.S. Bancorp said Wednesday that its fourth-quarter net income rose 5.2 percent, as the bank reaped more income from loans and deposits.
US Bancorp 1Q Profit Up 28 Percent On Loan GrowthU.S. Bancorp said Tuesday its first-quarter profit jumped 28 percent, as the bank set aside less money for bad loans and got a boost from jumps in income from both loans and fees.
20 Minn. Companies Make Newest Fortune 500Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state's corporate strength.
Fed Clears Way For Some Banks To Boost DividendsThe Federal Reserve on Friday cleared the way for some major banks to boost stock dividends, prompting announcements from JPMorgan Chase, Wells Fargo and U.S. Bancorp.