U.S. Bank Profits Dip on Slower Reduction in Loan Loss Provisions

Reuters, Nov. 30, 2021–Pete Schroeder
U.S. bank profits fell 1.2% in the third quarter of 2021 to $69.5 billion as firms were slower to shrink their credit loss provisions and grappled with low interest rates, the Federal Deposit Insurance Corporation reported Tuesday.
https://www.reuters.com/business/finance/us-bank-profits-dip-slightly-banks-slow-shrinking-credit-loss-provisions-2021-11-30/