Revenue at U.S. banks fell over the last year for only the 2nd time in 3 decades. Earnings...

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

Revenue at U.S. banks fell over the last year for only the 2nd time in 3 decades. Earnings growth was mostly from markups in lenders' troubled loan portfolios. Of the banks in the S&P 500, U.S. Bancorp (USB) had the biggest jump in revenues, +5.7%, while First Horizon (FHN) led the decliners, -18.7%. USB vs. FHN Y/Y.