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US Bancorp 4Q profit beats expectations; write-offs for bad loans rise, but at slower pace (Minneapolis-St. Paul Star Tribune)

MINNEAPOLIS – U.S. Bancorp said on Wednesday that its fourth-quarter profit more than doubled from a year ago, as mortgage banking revenue grew. The bank also benefited from growth in traditional deposits, giving it a cheap source of money for loans.


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US Bancorp 4Q profit beats expectations; write-offs for bad loans rise, but at slower pace (Minneapolis-St. Paul Star Tribune)

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