FDIC 4th Quarter 2020 Banking Profile
Posted on March 24, 2021
- Full-Year 2020 Net Income Declines 36.5 Percent to $147.9 Billion
- Quarterly Net Income Increases 9.1 Percent From a Year Ago to $59.9 Billion
- Net Interest Margin Remains Unchanged From Third Quarter and at a Record Low Level
- Loan Balances Decline From the Previous Quarter, Led by Lower Commercial and Industrial Lending Activity
- Asset Quality Metrics Remain Stable From the Previous Quarter and a Year Ago
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