WASHINGTON — The Federal Deposit Insurance Corp. will release its industry earnings report for the second quarter on Aug. 22.
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The industry will look to see if the positive trends of rising profits or improvements in loan quality persisted from the first three months of this year.
Martin Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, Dec. 8, 2015. The Financial Stability Oversight Council's effort to enhance its transparency is "important," Securities and Exchange (SEC) Commissioner Mary Jo White said at the hearing. Photographer: Drew Angerer/Bloomberg *** Local Caption *** Martin Gruenberg
Drew Angerer/Bloomberg
Bankers will also be focused on the rate of loan growth, which has recently begun decelerating.
The Quarterly Banking Profile for April to June of this year will be released at 10:30 a.m. and followed by a Q&A session with FDIC Chairman Martin Gruenberg.
Lalita Clozel covers fintech regulation, anti-money-laundering, cybersecurity and the Federal Deposit Insurance Corp. in American Banker's Washington... Read full bio
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