Research Quarterly: US Banks – Financial & Regulatory Data

The U.S. financial system, with roughly $24.6 trillion in assets, is a large, complex system set up to serve the needs of individuals, corporations, and governments of all sizes. Since the global financial crisis, financial institutions and regulators have worked to shore up the strength and resiliency of the system. We highlight the following trends (aggregate of all CCAR firms, unless indicated):

Key Takeaways:

Income Statement

• Total revenue: $230.7 billion, -2.5% Q/Q, +5.8% Y/Y
• Operating expenses: $145.7 billion, +2.0% Q/Q, +6.2% Y/Y
• Net income available to common: $54.2 billion, -7.5% Q/Q, +7.9% Y/Y

Balance Sheet

• Total assets: $21.6 trillion, +0.5% Q/Q, +8.4% Y/Y
• Net loans: $8.1 trillion, +4.0% Q/Q, +10.4% Y/Y
• Deposits: $12.8 trillion, +1.4% Q/Q, +5.5% Y/Y

Regulatory Ratios

• Common Equity Tier 1 (CET1) Capital: 12.8%; +4.2 pps since 2009, 2.3 pps above maximum
  requirement
• Tier 1 (T1) Capital: 14.4%; +1.8 pps since 2009, 8.4 pps above requirement

Select Charts

About the Report

Using the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR) banks as a proxy for the system, this quarterly report provides a snapshot of the current landscape. (Please see the Appendix for methodology and firm lists.) We analyze select income statement, balance sheet and regulatory ratio statistics and trends, which show this group of banks has much higher capital levels and healthier balance sheets than during the global financial crisis.