WASHINGTON — The Federal Deposit Insurance Corp. will release its Quarterly Banking Profile for the fourth quarter of 2015 on Tuesday.
The FDIC will also publish industry results for 2015, which has been characterized by growth in earnings compared with 2014, ranging from 5% in the third quarter to 7.3% in the second quarter.
The results could also confirm community banks' lead over the rest of the industry. Though their lead has diminished, the smaller institutions started out strong last year, outperforming in the first quarter by 16% compared with a year earlier.
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U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a few large banks recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.
November 24 -
U.S. banking earnings in the second quarter rose 7.3% from a year earlier to $43 billion as institutions enjoyed higher revenues and lower noninterest expenses, the Federal Deposit Insurance Corp. said Wednesday.
September 2 -
U.S. banks rebounded in the first quarter as earnings rose 6.9% from a year earlier, to $39.8 billion, and nearly two-thirds of institutions reported higher profits from a year earlier, the Federal Deposit Insurance Corp. said Wednesday.
May 27
The report will be released at 10:30 a.m. Eastern Standard Time, and will be followed by a Q&A session with FDIC Chairman Martin Gruenberg.
