Thrifts earned a record $1.89 billion in the second quarter, 40% more than in the same period last year, the Office of Thrift Supervision reported Thursday.

Second-quarter earnings topped first-quarter performance by $60 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.