Executives were upbeat about the broad economy heading into 2018.

BING NEWS:
  • Higher interest rates, loan growth drive U.S. Bancorp's profit up, but not enough for some investors
    U.S ... rates to issue bonds and pay off bank loans. Another reason is that some borrowers are marking time to see what Congress and the Trump administration will do on tax reform. "I think that will ...
    10/18/2017 - 2:27 am | View Link
  • Four bankable stocks to profit from as interest rates rise
    View photos "Few domestic banks can match the operating performance of U.S. Bancorp since the financial turmoil of 2008-09," says a Morningstar report. "U.S. Bancorp's longstanding ... from moderate l...
    01/17/2017 - 9:27 pm | View Link
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BING SEARCH:
  • U.S. banks profit from higher rates, more loans and lower ...
    NEW YORK (Reuters) - The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday.
    10/12/2018 - 12:24 pm | View Website
  • Interest rates, loan growth drive US Bancorp's profit up 4 ...
    10/02/2017 - U.S. Bancorp was downgraded to "underperform" by analysts at Bank of America Merrill Lynch. The business had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.46 billion.
    09/28/2018 - 10:06 pm | View Website
  • U.S. Bancorp's 3% loan growth drove 3Q profit gain ...
    Net interest income climbed 8% to $3.1 billion. The net interest margin increased 12 basis points to 3.10%. Loans rose 3% to $277.6 billion. Commercial and industrial loan balances increased about 5%, offsetting an ongoing decline in commercial real estate. Auto leases jumped 34% to $7.8 billion.
    07/30/2018 - 10:09 am | View Website
  • Fifth Third Bancorp beats on profit, sees modest loan growth
    In the first quarter, net interest income rose to $999 million from $939 million a year ago, on higher interest rates. U.S. banks have benefited from higher interest rates since the Federal ...
    04/24/2018 - 7:18 am | View Website
  • BofA Profit Beats Estimates on Higher Interest Rates, Loan ...
    BofA's net interest income rose 5 percent in the first quarter, pushing total revenue up 4 percent to $23.28 billion. The lender relies heavily on higher interest rates to maximize profits as it has a large stock of deposits and rate-sensitive mortgage securities.
    04/16/2018 - 7:06 am | View Website
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