Modest quarterly growth in mortgage originations and servicing was reported for U.S. Bancorp. But the increase in mortgage revenues was much more than modest.
Income before taxes was $2.1 billion during the three months ended Sept. 30. Earnings were mostly unchanged compared to the prior quarter and year-prior period.
The results, in addition to other operational and financial metrics, were included in the Minneapolis-based company’s third-quarter earnings report issued Wednesday.
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From:: Financing