U.S. Bancorp said its profit increased in the second quarter as both loans and deposits rose. The bank posted earnings of $1.52 billion, up from $1.48 billion in the prior-year period. On a per-share basis, earnings rose to 83 cents from 80 cents. Revenue at the Minneapolis-based bank rose 8.1% to $5.45 billion. Analysts had expected 80...
US Bancorp - 2Q net profit $$1.48 billion, up 2.6% YoY.