U.S. Bancorp Expects 2026 Net Revenue Growth of 8%-9%
U.S. Bancorp forecasts full-year 2026 net revenue growth of 8%-9%.
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U.S. Bancorp forecasts full-year 2026 net revenue growth of 8%-9%.
Customers Bancorp reported third-quarter EPS of $2.25, up 10% quarter over quarter, with deposits rising 11% year over year to a record $22.6 billion and loans up 14% to a record $18.5 billion. The bank set 2026 guidance for loan growth of 12% or higher and deposit growth of 9% or more.
U.S. Bancorp expects Q4 2026 net interest income growth of 6%-7% while outlining 8%-9% full-year net revenue growth
U.S. Bancorp raised its 2026 revenue growth outlook to 8%-9% from 7%-9% after reporting third-quarter net income of $2.2 billion, up 10% year over year. Adjusted earnings were $1.34 per share and revenue was $7.95 billion.
Third-quarter earnings season starts Tuesday with the largest U.S. banks. JPMorgan Chase & Co. (NYSE: JPM ), Goldman Sachs Group Inc. (NYSE: GS ), Citigroup Inc. (NYSE: C ) and Wells Fargo & Co. (NYSE: WFC ) report Oct. 13 before the open. Bank of America Corp. (NYSE: BAC ) and Morgan Stanley (NYSE: MS ) follow on Oct.
GridStor, with financial partners ING Capital, KeyBanc Capital Markets, and Zions Capital Markets, has closed a $220 million debt financing agreement for its 100 MW White Tank battery energy storage facility in Arizona. The facility is expected to be operational in the first half of 2027 and will operate under a 20-yea
Reformation said second-quarter net revenue rose 24% year over year and gave full-year 2026 guidance for net revenue and adjusted EBITDA margin. The company also said it used IPO proceeds to repay debt and reduce net leverage.
Minimed Group said first-quarter organic revenue grew 16% to $843 million and lifted fiscal 2027 organic revenue growth guidance to 10.5%, while reaffirming a 16% adjusted EBITDA margin target.
Peoples Bancorp (NASDAQ: PEBO ) reported second-quarter financial results on Tuesday. The transcript from the company's second-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Peoples Bancorp reported a 6