U.S. Bank Profits Slide 8.6% as Interest Income Is Up
U.S. Bank Profits Slide 8.6% as Interest Income Is Up
Banking stability was supported by a 1.1% rise in deposits to $194.6 billion, along with improved net interest margins across banks of all sizes. Unrealized losses on securities also dropped by 29%, aided by lower overall interest rates. These gains suggest that the industry is navigating a challenging landscape with a mix of resilience and caution.U.S. bank profits declined 8.6% in the third quarter of 2024 to $65.4 billion, following a surge in the previous quarter fueled by one-time equity security gains, according to the Federal Deposit Insurance Corporation (FDIC). Despite the dip, profits remained above first-quarter levels, underscoring a degree of stability in the sector. Strong net interest income and revenue growth provided a counterbalance to declining profits, with FDIC Chairman Martin Gruenberg noting, "The banking industry continued to show resilience in the third quarter."
根据联邦存款保险公司（FDIC）的数据，2024年第三季度美国银行利润下降8.6%，降至654亿，前一个季度由于一次性股票安全收益的激增利润大幅增长。尽管利润下降，但仍高于第一季度水平，显示出板块的稳定性。强劲的净利息收入和营业收入增长为利润下降提供了平衡，FDIC主席马丁·格鲁恩伯格指出：“银行业在第三季度继续展现韧性。”
The report also highlighted rising concerns in the commercial real estate sector, where the ratio of past-due or nonaccrual loans increased to 2.07%, the highest level since 2013. Additionally, the FDIC's "problem bank" list grew to 68 institutions, with total assets in troubled banks jumping from $3.9 billion to $87.3 billion, signaling potential challenges ahead. These figures suggest growing stress among larger banks, even as the broader sector holds steady.
报告还强调了在商业房地产业中日益上升的担忧，逾期或非应计贷款的比例升至2.07%，是自2013年以来的最高水平。此外，FDIC的“问题银行”名单扩大至68家机构，陷入困境的银行的总资产从39亿跃升至873亿，预示着潜在的挑战。这些数字表明，尽管更广泛的板块保持稳定，但较大银行面临压力。在银行业中，压力正在增大。
Market Overview:
市场概况：
- U.S. bank profits fell 8.6% to $65.4 billion in Q3 2024.
- Net interest income rose $4.5 billion during the quarter.
- Commercial real estate delinquencies reached 2.07%, a decade-high.
- 2024年第三季度，美国银行利润下降8.6%，降至654亿。
- 净利息收入在本季度增长了45亿。
- 商业房地产业的不良贷款率达到2.07%，为十年来最高。
- FDIC's "problem bank" list expanded to 68 institutions.
- Total assets at troubled banks surged to $87.3 billion.
- Unrealized securities losses fell 29% as interest rates eased.
- FDIC的“问题银行”名单扩大至68家机构。
- 问题银行的总资产激增至873亿。
- 未实现的安防-半导体损失减少了29%，因为利率期货放缓。
- Banks face headwinds from high office vacancy rates post-pandemic.
- Stability expected to hinge on net interest margins and deposit growth.
- Analysts watching for larger bank impacts in Q4 earnings reports.
- 银行面临疫情后高办公室空置率的逆风。
- 稳定性预计将取决于净利差和存入资金的增长。
- 分析师关注第四季度财报中对大型银行的影响。
Banking stability was supported by a 1.1% rise in deposits to $194.6 billion, along with improved net interest margins across banks of all sizes. Unrealized losses on securities also dropped by 29%, aided by lower overall interest rates. These gains suggest that the industry is navigating a challenging landscape with a mix of resilience and caution.
银行稳定性得益于存入资金增长1.1%至1946亿，以及所有银行的净利差改善。未实现的安防-半导体损失也因整体利率降低而下降29%。这些收益表明，该行业正在以韧性和谨慎应对挑战性环境。
However, the rise in problem banks and the growth of distressed assets indicate underlying vulnerabilities that could worsen if broader economic conditions deteriorate. With commercial real estate showing particular stress, analysts expect Q4 reports to offer clearer insights into the sector's health as banks adapt to persistent challenges.
然而，问题银行的增加和困扰资产的增长表明潜在脆弱性，如果更广泛的经济条件恶化，可能会加重这种脆弱性。随着商业房地产业特别面临压力，分析师预计第四季度的报告将提供关于该板块健康状况的更清晰见解，因为银行正在适应持续的挑战。