US Bancorp Q3 26 Earnings:

- EPS: $1.34 (est $1.32)
- Net Interest Income FTE: $4.49B (est $4.5B)
- Net Interest Margin: 2.84% (est 2.81%)
- Basel III CET 1 Ratio: 10.8% (est 10.8%)
- Cash & Due From Banks: $49.52B (est $58.73B)
- Net Charge-Offs: $523M (est $567.2M)
- Total Average Deposits: $526.60B (est $525.22B)
- Provision For Credit Losses: $654M (est $737.2M)
- Total Average Loans: $409.55B (est $412.16B)
- Sees FY Total Net Revenue Growth: 8% To 9% (prev 7% To 9%)
- Sees Q4 Net Interest Income Up 6% To 7%
- Sees Q4 Total Fee Revenue Up 13% To 14%
- BTIG Expected To Add About $200M Of Quarterly Net Revenue
- Sees Medium-Term Return On Average Assets: 1.15% To 1.35%
- Sees Medium-Term Fee Revenue Growth: Mid-Single Digits
(@FirstSquaw)