We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
US Bancorp | NYSE:USB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.22 | -0.53% | 41.43 | 42.08 | 41.305 | 42.08 | 11,360,580 | 01:00:00 |
By Allison Prang
Here's a look at credit quality at some of the country's banking companies for the fourth quarter as the Covid-19 pandemic continues to weigh on consumers and businesses.
CITIZENS FINANCIAL:
--Citizens had a provision for credit losses of $124 million. It fell from $428 million in the third quarter.
--Nonaccrual loans and leases to loans and leases was 0.83%, down from 1.03% for 3Q.
--Citizens' annualized net charge-off rate for loans and leases for 4Q was 0.61%. It declined from 0.7% for 3Q.
U.S. BANCORP:
--The provision for credit losses was $441 million. It was lower than 3Q's $635 million.
--The company's net charge-off ratio was 0.58%. For 3Q, it was 0.66%.
BOK FINANCIAL:
--The company said it had a negative $6.5 million provision for credit losses. It didn't log a provision for 3Q.
--Net charge-offs on an annualized basis to average loans were 0.28%. It was 0.37% for 3Q.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
January 20, 2021 09:13 ET (14:13 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year US Bancorp Chart |
1 Month US Bancorp Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions