WASHINGTON -- The thrift industry earned a near-record $1.5 billion in the third quarter, in part because fewer loans are going bad, the Office of Thrift Supervision reported Monday.

The industry's best profit indicator -- the median return on average assets -- has stabilized at 0.87% over the past three quarters.

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.