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FDIC sees net income gains, growth in risk-taking
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Banking
Tuesday, December 15, 2015
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In its latest Quarterly Banking Profile, the Federal Deposit Insurance Corp. stated that commercial banks and savings institutions reported an aggregate net income of $40.4 billion in the third quarter of 2015, up $1.9 billion (5.1 percent) from last year. Read on for an update on the corporation’s findings regarding loan growth, total loan and lease balances, the average net interest margin and what FDIC Chairman Martin Gruenberg thinks warrants attention.
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