Jelena McWilliams

Bank Profits Fall 1.2% to $69.5B in Q3
Profitability

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
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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
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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
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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
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Bank Profits Surge 8.7% to $60.7 Billion in Q1
Credit & Capital

Bank Profits Surge 8.7% to $60.7 Billion in Q1

Boosted by a 6% gain in net interest income, the industry's strong Q1 performance followed a record year in 2018.
By Matthew Heller | May 29, 2019
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Regulators Approve Foreign Banks’ Living Wills
Risk & Compliance

Regulators Approve Foreign Banks’ Living Wills

The Federal Reserve and FDIC found shortcomings in the bank's plans for unwinding in bankruptcy without disrupting the broader financial system.
By Matthew Heller | December 21, 2018
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Banks’ Balance Sheets: Strong Enough to Absorb a Credit Shock?
Credit & Capital

Banks’ Balance Sheets: Strong Enough to Absorb a Credit Shock?

Quarterly U.S. bank earnings show balance sheets getting stronger; business loans still performing well.
By Vincent Ryan | November 21, 2018
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