The Federal Reserve Board and the FDIC will jointly hold two public meetings on the proposed merger of BB&T and SunTrust Banks. read more

MAR 15, 2019 - 6:50 am

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported aggregate net income of $59.1 billion in the fourth quarter of 2018, up $33.8 billion (133.4%) from a year ago. read more

FEB 22, 2019 - 6:40 am

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

NOV 21, 2018 - 6:55 am

The FDIC reported industry net income was 5.2% higher in Q3/17 versus a year earlier on higher net interest income. The regulator noted, however, that “competitive lending conditions continue to pose challenges.” read more

NOV 30, 2017 - 7:25 am