Net income at the nation’s banks was down in the second quarter compared to the previous quarter, the federal bank deposit insurance agency said Thursday, adding that net interest margins at banks also fell for […]
Net income for the nation’s banks declined in 2022 from the previous year but was still higher than the average posted by the institutions before the coronavirus crisis emerged in 2020, the federal bank deposit […]
Net income of $71.7 billion was reported by banks in the third quarter, an increase of 11.3% from the previous quarter, or $7.3 billion, the federal insurer of bank deposits reported Thursday. The spike in […]
Second-quarter bank financial performance results will be released Sept. 8 by the federal insurer of bank deposits, the agency said Wednesday. The results – from second-quarter call reports filed by at least late July – […]
Banks’ net income declined $17 billion to $59.7 billion in the first quarter of 2022, a 22.2% drop from the same time a year ago, with growth in provision expense driving that 12-month decline, the […]
Mid-year banking performance statistics will be released Wednesday, the federal insurer of bank deposits said Tuesday. According to the Federal Deposit Insurance Corp. (FDIC), agency Board Chairman Jelena McWilliams will lead a virtual press briefing […]
Insured banks saw rapid deposit growth during the second quarter and a deep decline in net income, year over year, amid ongoing economic strains related to the coronavirus (COVID-19), the Federal Deposit Insurance Corp. (FDIC) […]
Mid-year bank performance numbers – which should reflect the impact of the coronavirus crisis in detail on the nation’s banking industry – will be released by the federal insurer of bank deposits Aug. 25, the […]
Banks were still profitable in the first quarter of the year but much less so compared to the same period a year before, as net income dropped by $42.2 billion or 69.6%, the federal insurer […]
Banks made 1.5% less money in 2019 than the previous year, but still cleared more than $233 billion in profits – the second-highest ever, the federal insurer of bank deposits said Tuesday. In releasing fourth-quarter (and […]
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