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KM Financial Solutions | U.S. bank profits up 27.5 percent in Q1 2018 vs year-ago – FDIC
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U.S. bank profits up 27.5 percent in Q1 2018 vs year-ago – FDIC

21 May U.S. bank profits up 27.5 percent in Q1 2018 vs year-ago – FDIC

Posted at 14:30h in News by
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WASHINGTON, May 22 (Reuters) – U.S. banks reported $56
billion in profits in the first quarter of 2018, up 27.5 percent
from one year ago as institutions began to take advantage of a
lower effective tax rate, the Federal Deposit Insurance
Corporation (FDIC) reported Tuesday.

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