Bank earnings rise in Q1, though margins tightened
Key insight: Banks made $80.5 billion in the first quarter, with the rate of lending at its fastest pace in years. Supporting data: The net interest margin industry-wide fell by 8 basis points to 3.31% Expert quote: “We’ve had several consecutive quarters of very favorable banking conditions, but at the same time we’re always mindful […]
Bank earnings rise in Q1, though margins tightened Read More »