08 Insured Bank and Thrift Earnings Fell to $5.0 Billion in the Second Quarter
27.08.08 - 07:52 ... source : Federal Deposit Insurance Corporation - FDIC
... Enter Search TextSubmitSearch Advanced Search Home Deposit Insurance Consumer Protection Industry Analysis Regulations & Examinations Asset Sales News & Events About FDIC Home > News & Events > Press Releases Press Releases Insured Bank and Thrift Earnings Fell to $5.0 Billion in the Second Quarter FDIC Board to Consider Restoration Plan to Bolster the Deposit Insurance Fund FOR IMMEDIATE RELEASE August 26, 2008 Media Contact: Andrew Gray (202) 898-7192 angray@fdic.gov Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported net income of $5.0 billion in the second quarter of 2008, a decline of $31.8 billion (86.5 percent) from the $36.8 billion that the industry earned in the second quarter of 2007. With the exception of the fourth quarter of last year, the latest earnings were the lowest for the industry since the fourth quarter of 19 ...» Next (HTML)
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