Tuesday, February 25, 2020

FDIC: Fewer Problem banks, Residential REO Declined in Q4

The FDIC released the Quarterly Banking Profile for Q4 2019 today: For the 5,177 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC), aggregate net income totaled $55.2 billion in fourth quarter 2019, a decline of $4.1 billion (6.9 percent) from a year ago. The decline in net income was led […]

source https://thebtrader.com/2020/02/25/fdic-fewer-problem-banks-residential-reo-declined-in-q4/?utm_source=rss&utm_medium=rss&utm_campaign=fdic-fewer-problem-banks-residential-reo-declined-in-q4

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