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US Bancorp Stock Surges as Profit Tops Expectations
As with many of its rivals, U.S. Bancorp added to its reserves for credit losses, increasing them by 8.2 to $557 million year-over-year. Shares of U.S. Bancorp rose nearly 5 Wednesday to their highest level since early last year. Theyre up about 14 in 2024.
Posted by Hicham ALAOUI RIZQ on 2024, Oct 16
Introduction
As with many of its rivals, U.S. Bancorp added to its reserves for credit losses, increasing them by 8.2 to $557 million year-over-year. Shares of U.S. Bancorp rose nearly 5 Wednesday to their highest level since early last year. Theyre up about 14 in 2024.
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