• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

U.S. Banks' Losses Reach $329 Billion in Q3 2023

user avatar

by Giorgi Kostiuk

6 months ago


According to FDIC's latest data, the unrealized losses of U.S. banks have significantly decreased but remain substantial.

Current Financial Indicators of Banks

FDIC reports that banks' net interest income and margin increased in Q3, despite asset quality deterioration. Nevertheless, banks' net income decreased by $6.2 billion due to the absence of one-time equity gains.

Risks for the Banking Industry

FDIC warns that U.S. banks face significant risks from inflation, interest rate volatility, and geopolitical uncertainty. Weak demand for commercial real estate has compounded loan repayment difficulties.

FDIC Monitoring and Forecasts

The agency continues to closely monitor troubled loan portfolios, including those for office properties, credit cards, autos, and multifamily housing. FDIC expects deposit reserves to reach mandated levels by 2026.

Despite apparent improvements, U.S. banks continue to confront serious challenges. FDIC stresses that these residual risks require ongoing monitoring and management.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Top Trending Cryptos in 2023: Analyzing BlockDAG, Solana, Ethereum, and Binance Coin

chest

An overview of promising cryptocurrencies: BlockDAG, Solana, Ethereum, and Binance Coin, their technologies, and market significance.

user avatarGiorgi Kostiuk

Court Dismisses Trump's Lawsuit Against Woodward and Simon & Schuster: Implications and Details

chest

A US judge dismissed Donald Trump's lawsuit against journalist Bob Woodward, finding no established copyright interests.

user avatarGiorgi Kostiuk

Crypto Equities Boost S&P 500 Following GENIUS Act Legislation

chest

The S&P 500 reached a new height thanks to crypto stocks after the passage of the GENIUS Act, fostering regulatory clarity.

user avatarGiorgi Kostiuk

TRON Reaches $80 Billion in Stablecoin Supply with Increased Trading Volumes

chest

TRON has hit new heights, surpassing $80 billion in stablecoin supply, with network activity increasing by 93%.

user avatarGiorgi Kostiuk

Trends in Crypto: Pi Network, Binance Coin, and BlockDAG Insights

chest

Analysis of current market prices and trends for Pi Network, Binance Coin, and BlockDAG.

user avatarGiorgi Kostiuk

Crypto Assets of U.S. Officials: Amounts and Influences Revealed

chest

Revelations about Trump administration's crypto assets highlight power and regulatory changes regarding digital currencies in the U.S.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.