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.
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.
Bank Profits Rise 7.7% to $43.7 Billion in Q4
The number of financial institutions on the FDIC’s “problem list” fell to the lowest level in more than seven years.
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.
Regulators Target Banks’ Cybersecurity Policies
A draft proposal by three agencies seeks to boost cyber defenses and reduce the impact on the financial system of an attack.
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.
U.S. Banks’ Profits Show First Drop in 2 Years
The industry's first-quarter results were mixed, with loan balances growing at the highest rate since 2009 and operating revenue up 2.7%.