Key metrics at US banks improved during the first quarter despite war and rising interest rates, even as the industry grappled with a modest increase in paper losses, the Federal Deposit Insurance Corp. reported.
Lenders posted a 3.6% rise in net income from the fourth quarter to $80.5 billion, according to the FDIC’s quarterly assessment of the nation’s 4,278 insured banks. Total loan and lease balances rose 1.6% from the prior quarter and 7.1% from a year earlier, the fastest annual growth rate since the second quarter of 2023.
https://www.bloomberg.com/news/articles/2026-05-27/us-lenders-posted-winning-first-quarter-fdic-says
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