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U.S. Bancorp reports record earnings despite drag from mortgage revenue

Oct 18, 2017By

In its third-quarter report, U.S. Bancorp saw record highs in net revenue, net income and diluted earnings per share. But despite the record-setting earnings report, noninterest income posted an annual loss of 0.9% driven by losses in mortgage banking revenue.

3d rendering of a row of luxury townhouses along a street

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