Bank Industry Earnings Set Yet Another Record in 2Q: FDIC
American Banker, Sept. 5, 2019–Brendan Pedersen (subscription)
The nation’s 5,303 FDIC-insured institutions earned net income of $62.6 billion, an increase of 4.1% from the same time in 2018 and another record $139 billion. The FDIC also attributed higher profits to growth in realized securities gains.
