Investing.com - US Bancorp (NYSE:USB) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.1 on revenue of $5.83B. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $5.73B. That compared to EPS of $0.88 on revenue of $6.18B in the same period a year earlier. The company had reported EPS of $1.06 on revenue of $5.7B in the previous quarter.
US Bancorp follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B
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