The FDIC's Quarterly Banking Profile will also include bank and thrift data for the fourth quarter of last year. The last QBP, reported in November, showed institutions earning $35.3 billion in the third quarter — 50% higher than quarterly earnings a year earlier — but the impressive profit was largely due to lower loss provisions.
The briefing Tuesday, scheduled to begin at 10 a.m., will include a statement from acting FDIC Chairman Martin Gruenberg, followed by a question-and-answer period with FDIC staff.
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