Minnesota-based banking company U.S. Bancorp's (USB) shares are up 3% on Thursday after the company reported a strong second-quarter results.
The company reported a net income of $1.9 billion or $1.28 per share against $689 million or $0.41 per share in the same quarter last year. The revenue for the company was $5.78 billion, dropped slightly from $5.83 billion in 2020. The earnings and revenue beat Street view of $1.14 per share and $5.62 billion.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com