The Federal Deposit Insurance Corp. is expected to release its third-quarter report on the health of the banking industry on Nov. 28.
This much-anticipated installment of the Quarterly Banking Profile will supply details of the earnings environment last summer when the subprime mortgage crisis ignited a credit crunch and market turmoil.
The release of the report will be accompanied by a public briefing from FDIC officials.
In its second-quarter QBP, released on Aug. 22, the agency reported early signs of trouble, though its data covered a period preceding the crunch. Earnings grew 2.1% in the second quarter, to $36.7 billion, but noncurrent loans posted their largest quarterly increase since the fourth quarter of 1990, rising 10.6%, to $66.9 billion.
