US Bank Q2 Avg. Total Loans Increased 1%, Avg. Total Deposits Increased 2.2% On A Linked-Quarter Basis
Portfolio Pulse from Benzinga Newsdesk
US Bank reported a 1% increase in average total loans and a 2.2% increase in average total deposits for Q2 on a linked-quarter basis.
July 17, 2024 | 10:48 am
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US Bank's Q2 results indicate a positive trend with a 1% increase in average total loans and a 2.2% increase in average total deposits on a linked-quarter basis.
The increase in both loans and deposits suggests a healthy growth trajectory for US Bank, which is likely to positively impact its stock price in the short term.
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IMPORTANCE 80
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