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MINNEAPOLIS - U.S. Bancorp (NYSE:USB) reported better-than-expected first quarter 2025 results on Wednesday, with earnings and revenue surpassing analyst estimates.
The stock edged up 0.96% following the announcement.
The Minneapolis-based bank posted adjusted earnings per share (EPS) of $1.03, beating the analyst consensus of $0.98 by $0.05. Revenue for the quarter came in at $6.96 billion, surpassing the expected $6.91 billion.
U.S. Bancorp’s revenue showed growth compared to the same quarter last year, though the exact percentage increase was not provided in the available information.
The company’s solid performance comes amid ongoing challenges in the banking sector. U.S. Bancorp’s ability to exceed expectations suggests its diverse mix of businesses, including consumer banking, business banking, and wealth management, is helping to maintain stability.
As of December 31, 2024, U.S. Bancorp reported total assets of $678 billion. The company serves millions of customers through its various business segments and has been recognized for its approach to digital innovation and customer service.
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