U.S. Bank’s efficiency ratio trends down, clocking in at 59.2% in Q2

U.S. Bank is looking to manage expenses without cutting corners on technology, and its steadily decreasing efficiency ratio is proof of the effort.  Efficiency ratio is a key indicator of financial institutions’ cost effectiveness in their operations.   “We are making steady progress on our medium-term profitability and efficiency targets,” Chief Financial Officer John Stern […]