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Rashmi Kumari

U.S. Bancorp Earnings Preview: What to Expect

U.S. Bancorp (USB), founded in 1863 and headquartered in Minneapolis, Minnesota, is one of the largest financial institutions in the U.S. With a market cap of $74.6 billion, USB offers various financial services, including consumer and commercial banking, wealth management, payment services, and investment banking. The company is scheduled to release its Q4 earnings before the market opens on Thursday, Jan. 16.

Ahead of this event, analysts expect the bank to report a profit of $1.06 per share, up 7.1% from $0.99 per share in the year-ago quarter. The company has beaten or matched Wall Street's bottom-line estimates in the past four quarters.

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