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Bank Profits Rise in Q1

Summary by bankingdive.com
The FDIC’s 4,462 insured banks saw a 1.16% return on assets and net income of $70.6 billion in the first quarter.

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The US banking sector made a profit of $70.6 billion in the first quarter of 2025, a 5.8% increase from the previous quarter, according to a report by the Federal Deposit Insurance Corporation (FDIC), Reuters reports.

In the first quarter (T1) of 2025, the still large profits and continuing credit have brought a net profit of 3.7 billion yen for the banking sector...

·Ilfov County, Romania
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fdic.gov broke the news in on Wednesday, May 28, 2025.
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