Quality Metrics Remained Favorable Despite Modest News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Earlier this week the Federal Deposit Insurance Corporation ("FDIC") issued the latest Quarterly Banking Profile ("QBP") for the third quarter of 2023.

Martin gruenbergDeposit insurance corporationRatio for the deposit insurance fund roseFederal deposit insurance corporationQuarterly banking profileDriven by lower noninterest incomeHigher realized lossesSecurities increased fromFrom last quarterOne yearDeposits declined forSixth consecutiveQuality metrics remained favorable despite modestBanks reported lower net income fromReserve ratioDeposit insurance fund rose