U.S. Bancorp sees efficiency ratio in the low 50s going forward Sees net charge offs, nonperforming assets remaining "relatively stable" in Q3. Says capital position is "strong." Comments made on the Q2 earnings conference call.
U.S. Bancorp CEO says relieved bank is not bigger than it is Sees better industry wide loan growth in 2015 vs. 2014. Says consumers cautious getting deeper in auto, credit cards. Comments made at the Bank of America Merrill Lynch Banking and Financial Services Conference.