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ABA: The American Bankers Association
Statement

ABA Statement on FDIC’s Quarterly Banking Profile

“The latest FDIC Quarterly Banking Profile indicates that the banking industry remains strong even amid continued economic uncertainty, with steady asset and loan growth, higher net income and improving credit performance. This marks the ninth consecutive quarter of bank loan growth, with total bank lending increasing 1.8%, above the 2021-2025 average quarterly growth rate of 1.1%. Backed by robust capital and liquidity, America’s banks remain well positioned to continue meeting the needs of the American consumers, businesses and communities that count on them."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $26.5 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.7 trillion in deposits and extend $13.9 trillion in loans.

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Mike Townsend

(202) 663-5471

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