More on U.S. Bancorp (USB): Mortgage lending +4.6% Q/Q, +20.4% Y/Y. Total loans +1.3% Q/Q, +7.3%...

|About: U.S. Bancorp (USB)|By:, SA News Editor

More on U.S. Bancorp (USB): Mortgage lending +4.6% Q/Q, +20.4% Y/Y. Total loans +1.3% Q/Q, +7.3% Y/Y. Net interest margin of 3.59%, down 6 basis points from a year ago. Deposits up 3.5% Q/Q, +11.1% Y/Y. Net charge-offs +3.5% Q/Q, -19.6% Y/Y. Tier 1 capital ratio of 10.9%. Book value/share of $18.03 vs. $16.01 a year ago. (PR)