U.S. Bancorp Q2 2023 Earnings Conference Call

U.S. Bancorp reported second quarter 2023 results with net income of $556M and diluted EPS of $0.59. The company demonstrated strong performance with a return on average tangible common equity of 23.8% and maintained a CET1 capital ratio of 10.1%. Loan growth continued across business and consumer segments with a 20% dividend increase declared.