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U.S. Bancorp raises its full-year forecast after having a record-breaking quarter.

ResultsRead the original at Benzinga
Good for USB

U.S. Bancorp raised its 2026 sales forecast after record quarterly sales, rising fee income, and better credit measures.

USB · U.S. Bancorp

AI read · Good for USB

The AI's read

Growth came from both lending and fees, and fewer loans were falling behind or going unpaid. Those trends support the higher company forecast. Sales still came in slightly below analysts’ estimate. Credit-loss costs rose, and the BTIG purchase brought extra expenses alongside its fee income. Broad growth, better credit measures, and the raised forecast carry more weight than those setbacks.

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