Similar Stories to Interest Rates, Loan Growth Drive U.s. Bancorp's Profit Up 4 Percent on Bing News

Executives were upbeat about the broad economy heading into 2018.

BING NEWS:
  • Fifth Third Bancorp's quarterly profit falls on lower interest income
    Fifth Third Bancorp posted a 10% drop in first-quarter profit on Friday as higher deposit costs weighed on the lender's interest income. Regional banks have steadily increased the interest rates they ...
    04/19/2024 - 12:41 am | View Link
  • 'Higher-for-longer' hits U.S. Bancorp as funding costs stay elevated
    After the Minneapolis-based company reported stubbornly high commercial deposit costs, it reduced its full-year forecast for net interest income by $200 million-$500 million.
    04/17/2024 - 3:06 pm | View Link
  • U.S. Bank cuts outlook for interest income in 2024
    U.S. Bank executives said they hope to see some recovery in net interest income during the second half of 2024, but didn't provide a clear timeline, noting that a revival would be partly contingent on ...
    04/17/2024 - 6:01 am | View Link
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