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
Date Written: June 2, 2009
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