FDIC 3rd Quarter 2019 Banking Profile

Posted on November 28, 2019 by Published by
  • Net Income Declines 7.3 Percent from Third Quarter 2018 to $57.4 Billion, Due to Nonrecurring Events at Three Large Institutions
  • Revenue Increases 2.2 Percent from 12 Months Ago, Led by Noninterest Income
  • Net Interest Margins Decline from Year-Ago Levels to 3.35 Percent
  • Annual Loan and Lease Growth Rate Increases to 4.6 Percent
  • Noncurrent Rate Declines, While Net Charge-Off Rate Increases Modestly
  • Four New Banks Are Added in Third Quarter 2019

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