US Bancorp: 66% increase in FY EPS

(CercleFinance.com) - (CercleFinance.
com) -US Bancorp has announced 2021 net banking income of 22.8 billion dollars, down 2.1% on the previous year.

However, net income will increased 60% from 2020 to 2021, from $5bn to $8bn, giving EPS of 5.1 dollars, compared with 3.06 dollars a year ago (+66%).

In Q4, US Bancorp's revenue fell by 1.2% to 5.7 billion dollars.
At the same time, net income reached 1.7 billion dollars, down 10% from the same period twelve months ago. Finally, quarterly EPS came in at 1.07 dollars, compared to 0.95 dollar a year ago.



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