bank profits Archives - CFO

Bank Profits Fall 1.2% to $69.5B in Q3

Bank Profits Fall 1.2% to $69.5B in Q3

The dip in net income reflected a slowdown in the lowering of banks' loan loss provisions to negative $5.2 billion.

By Matthew Heller | November 30, 2021

Bank Profits Rise 29% to $76.8B in 1st Quarter

Financial Performance

Bank Profits Rise 29% to $76.8B in 1st Quarter

Still, net interest income fell by $7.6 billion, or 5.6%, the sixth straight quarterly decline, and average net interest margin fell to 2.56%.

By Matthew Heller | May 26, 2021

Bank Profits Rise 9% to $59.9B in 4th Quarter

Financial Performance

Bank Profits Rise 9% to $59.9B in 4th Quarter

“Banks remained resilient in fourth quarter 2020, consistent with the improving economic outlook,” the FDIC says.

By Matthew Heller | February 23, 2021

U.S. Banks’ Profits Sink 69% to $18.5B in Q1

Financial Performance

U.S. Banks’ Profits Sink 69% to $18.5B in Q1

Banks diverted earnings to reserves for "newly risky loans as the coronavirus tanked credit health and plunged the U.S. into a recession."

By Matthew Heller | June 17, 2020

Bank Profits Rise as Interest Spread Hits 3.3%

Financial Performance

Bank Profits Rise as Interest Spread Hits 3.3%

Average net interest margin reached its highest level since late 2012 as banks continued to benefit from rate hikes.

By Matthew Heller | November 22, 2017

Bank Profits Surge 10.7% to Record $48.3B

Financial Performance

Bank Profits Surge 10.7% to Record $48.3B

An FDIC survey shows the industry is benefiting from increasing net interest margins, which reached an average of 3.22% in Q2.

By Matthew Heller | August 23, 2017

Financial Performance

Bank Profits Jump 13% to $45.6 Billion in Q3

The industry posted "another positive quarter," the FDIC says, but faces continued challenges including low interest rates.

By Matthew Heller | November 30, 2016

IMF Warns Weak Bank Profits Fueling Instability

IMF Warns Weak Bank Profits Fueling Instability

The Fund says a cyclical recovery is not enough to solve the bank profitability problem, recommending a "bold structural reform program."

By Matthew Heller | October 6, 2016

Bank Profits Increase in Strong Second Quarter

Bank Profits Increase in Strong Second Quarter

Results were "mostly positive," the FDIC said, with profits rising 1.4% and the number of problem banks falling to a 7-year low.

By Matthew Heller | September 1, 2016

American Banks: Not Yet Out of the Woods

American Banks: Not Yet Out of the Woods

The good times are ending before they had really begun.

By Economist Staff | January 25, 2016

Restructuring Gaining Steam at European Banks

Restructuring Gaining Steam at European Banks

Credit Suisse, Standard Chartered and Deutsche Bank are among the banks that are overhauling themselves after losing ground to U.S. banks.

By Katie Kuehner-Hebert | October 9, 2015

Community Banks Lead Industry in Profit Growth

Financial Performance

Community Banks Lead Industry in Profit Growth

The sector's first-quarter net income rose 16% from a year ago, compared to 6.9% for all FDIC-insured banks.

By Katie Kuehner-Hebert | May 27, 2015