Performance of U.S. Banks in 1st Quarter 2009
The following are some interesting charts on the performance of US banks from the FDIC’s Quarterly Banking Review, 1st Quarter 2009:
Despite high charge-off rates, the percentage of noncurrent loans rose by 25.5% or $59.2B in the quarter.
The Tier 1 capital ratio of banks is showing signs of growth due to capital raising.
Credit card loss rate is at an all time high.Charge-offs are over 8% and the personal bankruptcy numbers are increasing as well.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
Comments
No comments yet.
Leave a comment