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

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

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인