RTTNews | Jan 19, 2022 06:54AM EST

06:53 Wednesday, January 19, 2022 (RTTNews.com) - US Bancorp (USB) released a profit for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings totaled $1.67 billion, or $1.07 per share. This compares with $1.52 billion, or $0.95 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.2% to $5.68 billion from $5.75 billion last year.

US Bancorp earnings at a glance (GAAP) :

-Earnings (Q4): $1.67 Bln. vs. $1.52 Bln. last year.-EPS (Q4): $1.07 vs. $0.95 last year.-Analyst Estimate: $1.10-Revenue (Q4): $5.68 Bln vs. $5.75 Bln last year.

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