Coral Gables, Florida, December 17, 2020 Coral Gables, FL: As we gladly say goodbye to 2020 and head into the unknown of 2021, BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, would like to recognize the hard…
Category: Bank Earnings
Banks Report Lowest Net Income in a Decade
First quarter 2020 net operating income at the nation’s banks was $43.1 billion lower than a year ago. That’s a 71.6% drop, and the lowest number we’ve seen since the last recession. Some of that decrease can be attributed to…