Skip to main content

Banking Conditions

(PDF PDF icon)

Commercial banks’ balance sheets showed continued signs of health through the first quarter of 1999. After slowing down in 1998, profits picked up again in 1999:IQ, with a return on assets of 1.32% and a return on equity of 15.41%. Core earnings stayed strong as the net interest margin remained above 4%. Moreover, 94% of all commercial banks posted positive profits.

Suggested citation: "Banking Conditions," Federal Reserve Bank of Cleveland, Economic Trends, no. 99-09, pp. 15-17, 09.01.1999.

Upcoming EventsSEE ALL