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Archive Home > 2009 > April > 22 > U.S. Bancorp profit falls, but beats estimates

U.S. Bancorp profit falls, but beats estimates


April 22, 2009

NEW YORK — U.S. Bancorp said Tuesday its first-quarter profit fell 61 percent as it more than doubled its provision for loan losses and took charges tied to securities losses. However, the bank still beat analysts’ expectations.

Minneapolis-based U.S. Bancorp’s net....

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