FDIC: Bank Profits Fall amid Ongoing Pandemic; Community Bank Income Grows
FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year prior, the FDIC reported today.
FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year prior, the FDIC reported today.
FDIC-insured banks and savings institutions earned $18.5 billion in the first quarter of 2020, a 69.6% decline from a year prior, the FDIC reported today.
FDIC-insured banks and savings institutions earned $55.2 billion in the fourth quarter of 2019, a 6.9% decrease from the industry’s earnings a year before, the FDIC said in its Quarterly Banking Profile released today.
FDIC-insured banks and savings institutions earned $57.4 billion in the third quarter, a 7.3% decrease from the industry’s earnings a year before, the FDIC said in its Quarterly Banking Profile released today.
FDIC-insured banks and savings institutions earned $62.6 billion in the second quarter, a 4.1% increase from the industry’s earnings a year before, the FDIC said today.
FDIC-insured banks and savings associations earned $60.7 billion in the first quarter of 2019, an increase of $4.9 billion from the industry’s earnings a year before, the FDIC said today in its Quarterly Banking Profile.
FDIC-insured banks and savings institutions earned $59.1 billion in the fourth quarter of 2018, an increase of $33.8 billion from the industry’s earnings a year before, the FDIC said today in its Quarterly Banking Profile.
In every asset category, return on assets for U.S. banks has returned to pre-2008 levels.
FDIC-insured banks and savings institutions earned $62 billion in the third quarter, an increase of 29.3 percent from the industry’s earnings a year before, the FDIC said today.
FDIC-insured banks and savings institutions earned $60.2 billion in the second quarter, a 25.1 percent increase from the industry’s earnings a year before, the FDIC said today.