US Bancorp

Q4 Results Q/Q comparison:

  • Revenue increased 4.3% to $5.44B
  • Diluted EPS increased 2.5% to $0.82
  • Net income was flat at $1.48B
  • Net interest margin of 2.98%, down from 3.06%
  • Return-on-Equity (ROE) 13.1%, down from 13.7%
  • Return-on-Assets (ROA) 1.32%, down from 1.41%
  • Efficiency ratio of 55.3%
  • Average total loans increased 6.2% to $272.7B
  • Average total deposits increased 11.8% to $329.2B
  • Net charge-offs of $322M (0.47% of total loans on an annualized basis), compared to $315M Q3
  • Nonperforming assets (excluding covered assets) of $1.57B, compared to $1.63B Q3
  • Tier 1 common equity ratio of 9.1% under Basel III capital rules (7% minimum requirement)
  • Book value per share increased 5.8% to $24.63

Full-year 2016:

  • Revenue increased 4.9% to $21.3B
  • Diluted EPS increased 2.5% to $3.24
  • Net income was flat at $5.89B
  • Return on equity (ROE) of 13.4%, down from 14.0%
  • Return on average assets (ROA) of 1.36%, down from 1.44%
  • Returned 79% of earnings to shareholders

Stock Price: $51
Market Capitalization: $85 billion

January 18, 2017

 

 

 


 


 

Menu byMilonic