Bank Profits Strengthen, But Lending Remains Sluggish

American Banker, May 26, 2021–Brendan Pedersen (subscription)
The industry reported a net release of reserves, helping to make up for a record-low net interest margin and the first year-over-year decline in loan balances in nearly a decade, the FDIC says in its latest Quarterly Banking Profile.
https://www.americanbanker.com/news/bank-profits-strengthen-but-lending-remains-sluggish