Jump to Content
ABA: The American Bankers Association

ABA Statement on FDIC's Fourth Quarter Bank Earnings Report

“The FDIC’s report shows that our nation’s banks remain healthy and well capitalized as they continue to support a strong U.S. economy. While business lending moderated in the fourth quarter amid policy and trade uncertainty, overall bank lending grew by more than $360 billion over the course of 2019, with loans up in nearly every category including business, consumer and real estate.

“The Federal Reserve’s recent rate cuts have narrowed banks’ net interest margins but have also helped support continued economic growth. Consumer finances remain very healthy, and we have seen upticks in consumer and real estate lending as a result. Deposit growth remains strong, which reflects the value that consumers place on the safety that federally insured depository institutions provide. Asset quality remains good and capital continues to rise, with nearly all banks – 99.8 percent – having capital ratios that meet the most rigorous regulatory standards. Banks continued to invest in their employees, increasing salaries and benefits by 5.4% in 2019.

“Strong fundamentals, ample deposits and higher capital are the foundation upon which banks can continue to support economic growth. Looking forward, banks are in the business of managing risk and remain well prepared for any changes to the economic outlook.”


About the American Bankers Association

The American Bankers Association is the voice of the nation’s $22.8 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard nearly $19 trillion in deposits and extend $11 trillion in loans.

Press Contact

Mike Townsend

(202) 663-5471

Contact Mike
Useful Links

Resources for the Media

Media Contacts

All inquiries from the press can be directed to one of our press contacts.

ABA Expert Photos

Hi-Res photos for use by the press.

ABA Media Appearances

Getting the industry's message out – in print and on the air – about banks' health and lending, as well as policies that are harmful to economic recovery.

Media Credentials

Complimentary press registrations are available for select events.

Join Our Media Lists

Want to be added to our news release list? Sign up here.

RSS Feed

Get ABA press releases via RSS.