= Subscriber content; or subscribe now to access all American Banker content.

Banks' $40.3B Profit in 1Q Sets Record, FDIC Says

The banking industry earned a record $40.3 billion in the first quarter as rising noninterest income and the continued drop in loss provisions made up for declines in interest-related income, the FDIC said Wednesday.

To continue, please sign in or subscribe
FREE 14-DAY
TRIAL
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
PREMIUM
SUBSCRIPTIONS
Core subscription content plus:
  • Bimonthly industry research reports
  • Morning Scan Plus (Premium e-newsletter)
  • American Banker mobile app
Have an account?
SIGN IN HERE
Remember me