Martin J. Gruenberg
U.S. Bank Profits Climb 11.9% to $40.8B
"There are signs of growing credit risk, particularly among loans related to energy and agriculture,” said the FDIC's chairman.
Bank Profits Increase 5.1% to $40B
The increase in third-quarter earnings was mainly attributable to a $3.2 billion decline in noninterest expenses.
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.