Commercial Banks Related Content

FDIC-Insured Institutions Report $62B in Q3/18 Net Income; Up 29.3% Y/Y

FDIC-insured institutions reported $62 billion in net income in Q3/18. Industry net income registered a strong increase of 29.3% from a year ago. Community Bank net income rose 21.6% year over year. read more

FDIC: New Tax Law Causes Q4/17 Bank Net Income to be 40.9% Lower

The FDIC reported commercial banks and savings institutions Q4/17 net income was 40.9% lower than a year ago largely due to one-time changes from the new tax law. read more

Bank Year/Year Earnings 10.7% Higher in Q2/17

The FDIC reported bank aggregate net income of $48.3 in Q2/17 was up $4.7 billion or 10.7% from a year earlier. The regulator noted the increase was mainly attributable to a 9.1% gain in net interest income. read more

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