• 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

3 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

Share

Other news

Overview of Promising Cryptocurrencies for 2025: Qubetics, Polkadot, and Render

Analysis of new cryptocurrency projects: Qubetics, Polkadot, and Render, their opportunities and market impact in 2025.

user avatarGiorgi Kostiuk

3 minutes ago

China's Actions and Their Consequences for the Cryptocurrency Market

China is increasing tariffs and restricting business with the US, affecting global trade and the cryptocurrency market.

user avatarGiorgi Kostiuk

3 minutes ago

Dogecoin Faces Potential Drop: New Player Mutuum Finance Emerges

Dogecoin may fall below $0.10 while interest in Mutuum Finance rises in the DeFi sector.

user avatarGiorgi Kostiuk

5 minutes ago

Bitcoin Price Forecast: Potential Drop to $70,000

Analysts warn of a possible decline in Bitcoin price to $70,000 due to US trade tariffs.

user avatarGiorgi Kostiuk

5 minutes ago

Yala RealYield: New Marketplace for Yield using Bitcoin

Yala invests in the real assets market, enabling Bitcoin holders to earn returns on the Yala RealYield platform.

user avatarGiorgi Kostiuk

16 minutes ago

Octa's Study: Warning Signs When Choosing a Financial Broker

Traders from various countries identified key warning signs indicating unreliable brokers. Discover what they found.

user avatarGiorgi Kostiuk

17 minutes ago

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.