U.S. Bancorp Shares Jump Despite Lukewarm Q2 Results On Interest Rate Optimism

At first look, the second quarter of the year appeared to be a rather lackluster period for U.S. Bancorp , with the regional banking giant reporting revenue and earnings figures that were in-line with investor expectations. Although revenues for Q2 2015 were 5% higher sequentially, they fell 7% compared to the year-ago period.

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