Category: Markets
Published: 2026-07-16T11:52:11.000Z
U.S. Bancorp (NYSE:USB) reported strong Q2 CY2026 results, surpassing Wall Street's revenue expectations with sales up 9.2% year-on-year to $7.71 billion and GAAP EPS of $1.35, beating estimates by 5.4%. Despite the positive earnings, the stock traded down 1.2% immediately after reporting, suggesting the market sought more. The article highlights key financial metrics, the company's revenue growth trends, and its tangible book value per share, noting that while the recent quarter was strong, long-term growth has been modest.
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