FDIC 1ST QUARTER 2016 BANKING PROFILE
Posted on June 30, 2016
- First-Quarter Net Income of $39.1 Billion Is 2 Percent Lower Than the Year Before
- Loan-Loss Provisions Are $4.2 Billion Higher
- Troubled Commercial and Industrial Loan Balances Register a Sharp Increase
- Loan Growth Rate Continues to Rise
- Industry Assets Post Largest Quarterly Increase in Eight Years
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