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Actionable news in USB: U.S. BANCORP,

Energy-related provisions way up at U.S. Bancorp

Q1 net income of $1.386B or $0.76 per share vs. $1.431B and $0.76 one year ago. ROA of 1.32% down 12 bps, ROE of 13% down 110 bps, efficiency ratio of 54.6% deteriorates 30 bps. Book value per share of $23.82 up from $22.20.

Net interest income of $2.888B up 4.9% Y/Y. NIM of 3.06% down...


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