U.S. Bancorp Stock Falls After Earnings. Higher Rates Boost Net Interest Income.

Indonesia Berita Berita

U.S. Bancorp Stock Falls After Earnings. Higher Rates Boost Net Interest Income.
Indonesia Berita Terbaru,Indonesia Berita utama

Net interest income is being helped by the Federal Reserve's aggressive pace of rate hikes.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

U.S. Bancorp reported quarterly results on Wednesday that showed elevated net interest income and better-than-expected revenue.

Net interest income, a key profitability metric for banks, was $4.27 billion, a 10% gain from the year earlier. Although it dipped 4% from the second quarter and came in the at the lower end of management’s guidance of between $4.2 billion and $4.4 billion, the metric has stayed above $4 billion for the past four quarters.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

MarketWatch /  🏆 3. in İD
 

Indonesia Berita Terbaru, Indonesia Berita utama



Render Time: 2025-01-13 11:31:43