U.S. Bancorp Lending Profit Margin Dented by Consumer Loan Sale -- Market Talk
Dow Jones
Jul 18, 2025
1354 ET - U.S. Bancorp's sale of $5.5 billion in consumer loans in 2Q weighed on lending profit margins and average earning assets, Edward Jones analyst James Shanahan says in a research note. An increase in residential mortgage paydowns also weighed on those assets and margins, the analyst says. Management is guiding for a modest recovery in lending income to start in 3Q, Shanahan says. "We remain focused on action and initiatives to strengthen net interest income, and those efforts are fully reflected in our guidance," CFO John Stern says on a call with analysts. Shares slide 2% to $44.76. (dean.seal@wsj.com)
(END) Dow Jones Newswires
July 17, 2025 13:54 ET (17:54 GMT)
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