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U.S. Bancorp (USB) Stock Advancing, Q1 Earnings Meet Estimates

NEW YORK (TheStreet) -- Shares of U.S. Bancorp (USB - Get Report) are rising by 1.48% to $42.53 late Wednesday morning, after the company posted its 2016 first quarter results.

Before today's opening bell, the Minneapolis-based financial holding company reported earnings of 76 cents per diluted share, in line with analysts' estimates.

Revenue for the period was $4.98 billion, below Wall Street's projections of $5.06 billion.

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