Banks show highest profits since ’07 | NAFCU: " Federally insured banks reported third-quarter profits of $35.3 billion, which is up $6.5 billion from the previous quarter and the highest level since 2007, according to the FDIC’s latest Quarterly Banking Profile.
The FDIC report, released last week, noted improved earnings for 63 percent of insured banks from with the same time last year. This is the ninth quarter that earnings improved, the FDIC said."
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1 comment:
End the Fed, limit government to constitutional boundaries, then the economy will heal itself.
It is hypocritical to be a liberal and cuss banking profit as it has been 100 years of liberal policy that has led to these taxpayer insured/assured profits.
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