Fed Launches Quarterly Banking Report
A new quarterly report on the condition of the U.S. banking
industry is available to bankers and the general public. The
datadrawn from regulatory reports filed with the Fed by bank
holding companies (BHCs)provide a broad perspective
on the industry. The report is part of the Federal Reserve
Bulletin, a publication of the Federal Reserve Board of
BHCs net income rose
The spring 2004 report, presenting data through the fourth
quarter of 2003, shows that net income for BHCs rose to $28.3
billion during that quarter, pushing full-year profits over
the $100 billion mark for the first time. The report also
notes that net interest marginsa measure that had contracted
since 2001eased slightly, inching up to 3.46 percent of average
Three data groups
The new report presents tables of data in the aggregate for three groups: all reporting BHCs, the 50 largest BHCs, and all other reporting companies. The data cover balance-sheet, off-balance-sheet, and income statement accounts as well as key financial ratios. The tables also provide historical data covering several years.
A summary of the most recent quarter for which data are available accompanies the tables. The summary includes key industry developments from the perspective of the Federal Reserve.
The report is available both on the Federal Reserve Boards Web site and by subscription.