07:21 AM EDT, 10/16/2024 (MT Newswires) -- US Bancorp ( USB ) reported Q3 adjusted earnings Wednesday of $1.03 per diluted share, down from $1.05 a year earlier.

Analysts polled by Capital IQ expected $0.99.

Net revenue for the quarter ended Sept. 30 was $6.86 billion, down from $7.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.91 billion.

Shares of the company were up 1.5% in recent Wednesday's premarket activity.

Price: 47.70, Change: +0.70, Percent Change: +1.49