Tag: QBP

US

FDIC aggregate bank losses masked by trading gains Q1 – 2009

Colin Henderson

The latest FDIC QBP is out and contains some sobering information on the impact of the recession on bank results. FDIC Quarterly Banking Performance – 31st March 2009 INSURED INSTITUTION PERFORMANCE Net Income of $7.6 Billion Is Less than Half Year-Earlier Level (61% less than previous period) Noninterest Income Registers Strong Rebound at Large Banks Aggressive Reserve Building Trails Growth in Troubled Loans Industry Assets Contract by $302 Billion Total Equity Capital Increases by $82.1 Billion Looking behind the apparently positive net income of $7.6Bn we see that first quarter earnings were $11.7 billion (60.8 percent) lower than in the … Continue reading FDIC aggregate bank losses masked by trading gains Q1 – 2009

Uncategorized

FDIC Quarterly Banking Profile offers some insight to banks’ status

Colin Henderson

As we await the results of the Federal Reserve Stress tests, the FDIC quarterly tells us much of what to expect.  This report is a roll up of all banks in the US, and it provides some interesting stats.  The numbers are broadly negative over the periods since 2002, and since last year.  Banks are highly levered, and at their most levered for the duration of the reporting periods back to 2002. FDIC The Quarterly Banking Profile is a quarterly publication that provides the earliest comprehensive summary of financial results for all FDIC-insured institutions. Capital – $ 1.3 Tn Loans  … Continue reading FDIC Quarterly Banking Profile offers some insight to banks’ status