U.S. Bancorp USB is scheduled to report second-quarter 2019 results on Jul 17, before the opening bell. The bank’s revenues and earnings are anticipated to grow year over year.
Given the rise in digitization, card operations and demand for online services are likely to have increased in the quarter. Thus, the company’s credit and debit card along with merchant processing revenues (accounting for around 30% of total fee income) are expected to grow.
