U.S. Bancorp 4Q16 Earnings Conference Call January 2017

U.S. Bancorp reported record 2016 net income of $5.9 billion with $3.24 per diluted share. The company achieved industry-leading profitability metrics including 1.36% ROA and 13.4% ROCE, with average loan growth of 6.9% and deposit growth of 8.9%.