U.S. Bancorp CEO reported strong Q3 26 results with record net revenue of $8V, diluted EPS of $1.34 up 10% Y/Y, ROTCE of 18.5%, efficiency ratio of 55.9%, and improved net charge-off ratio to 51 bps. $USB +1% PM.
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U.S. Bancorp CEO: "We delivered strong Q3 26 results. Record net revenue of $8V drove diluted EPS of $1.34, up 10% Y/Y, a return on tangible common equity of 18.5%, and an efficiency ratio of 55.9%. The net charge-off ratio improved to 51 basis points." $USB: +1% PM
Reasoning: Fundamentals · Medium term Specific
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