U.S. Bancorp announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2016. For the quarter, the company reported net interest income of $2,955 million, net interest income after provision for credit losses of $2,613 million, income before income taxes of $2,040 million, net income of $1,491 million, net income attributable to U.S. Bancorp of $1,478 million, net income applicable to U.S. Bancorp common shareholders of $1,391 million, diluted earnings per common share of $0.82, return on average assets of 1.32%, return on average common equity of 13.1%, compared to the net interest income of $2,819 million, net interest income after provision for credit losses of $2,514 million, income before income taxes of $2,045 million, net income of $1,489 million, net income attributable to U.S. Bancorp of $1,476 million, net income applicable to U.S. Bancorp common shareholders of $1,404 million, diluted earnings per common share of $0.8, return on average assets of 1.41%, return on average common equity of 13.7%, for the same quarter a year ago. For the year, the company reported net interest income of $11,528 million, net interest income after provision for credit losses of $10,204 million, income before income taxes of $8,105 million, net income of $5,944 million, net income attributable to U.S. Bancorp of $5,888 million, net income applicable to U.S. Bancorp common shareholders of $5,589 million, diluted earnings per common share of $3.24, return on average assets of 1.36%, return on average common equity of 13.4%, book value per common share of $24.63 compared to the net interest income of $11,001 million, net interest income after provision for credit losses of $9,869 million, income before income taxes of $8,030 million, net income of $5,933 million, net income attributable to U.S. Bancorp of $5,879 million, net income applicable to U.S. Bancorp common shareholders of $5,608 million, diluted earnings per common share of $3.16, return on average assets of 1.44%, return on average common equity of 14%, book value per common share of $23.28 for the previous year.