Net Interest news and trends

US Bancorp Interest Income Dips as Customer Caution Continues

April 17, 2024
US Bank
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US Bancorp Interest Income Dips as Customer Caution Continues

April 17, 2024
U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion to $16.4 billion, down from earlier projection of at least $16.6 billion for the year. The bank’s NII for the quarter came to $3.9 […]