Profits and Balance Sheet Developments at U.S. Commercial Banks in 2008

Bech, Morten L.; Rice, Tara

Profits and Balance Sheet Developments at U.S. Commercial Banks in 2008

Federal Reserve Bulletin, June 2009

41 Pages Posted: 18 Jul 2009 Last revised: 20 Jul 2009

See all articles by Morten L. Bech

Morten L. Bech

Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures

Tara Rice

Bank for International Settlements (BIS)

Date Written: June 2, 2009

Abstract

This Federal Reserve Bulletin article reviews recent developments in the balance sheets and in the profitability of U.S. commercial banks. The article discusses how developments in the U.S. banking industry in 2008 and early 2009 were related to changes in financial markets and in the broader economy.

Keywords: profitability, U.S. commercial banks

JEL Classification: G21

Suggested Citation: Suggested Citation

Bech, Morten L. and Rice, Tara, Profits and Balance Sheet Developments at U.S. Commercial Banks in 2008 (June 2, 2009). Federal Reserve Bulletin, June 2009, Available at SSRN: https://ssrn.com/abstract=1434398