Richard Christopher Whalen@rcwhalen

2 years ago

SO, the US banking industry had a particularly disappointing Q4, but nobody says a word..... "Quarterly Net Income Fell 43.9 Percent From Third Quarter 2023, Driven by Higher Noninterest and Provision Expense and Lower Noninterest Income" @FDICgov https://t.co/cWf012AqRm

FDIC: The banking industry reported unrealized losses on securities of $477.6 billion in the fourth quarter, a decline of $206.3 billion (30.2 percent) from third quarter 2023.

US bank profits plunge 44% in Q4 amid failed bank costs https://t.co/WldXRRm5r7 https://t.co/TdzhRAac63