NEW YORK (TheStreet) -- U.S. Bancorp shares are rising 0.34% to $43.68 in trading on Wednesday following the release of the bank's first quarter earnings results before the opening bell today.The Minneapolis-based bank reported first quarter net income of $1.43 billion, or 76 cents per diluted share, on revenue of $4.85 billion. Analysts on average were expecting the company to earn 76 cents per share on revenue of $4.94 billion.The company's revenue did increase over the previous year's $4.76 billion despite missing analysts' earnings expectations."In the first quarter, we returned 70% of our earnings to shareholders through dividends and share buybacks, demonstrating our continued commitment to value creation for our shareholders. We were also pleased to receive the Federal Reserve's non-objection to our capital distribution plan, which will allow us to increase our annual dividend by 4.1% in the second quarter," said CEO Richard K. Davis. TheStreet Ratings team rates U S BANCORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation: "We rate U S BANCORP (USB) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in net income, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: USB Ratings Report USB data by YCharts Must Read: Warren Buffett's Top 25 Stocks for 2015
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