The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with ...

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.

The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous ...

The FDIC said overall loan growth remained subdued, rising just 0.5 per cent quarter on quarter and 3 per cent year on year, falling short of the 4.9 per cent pre-pandemic average.