Community bank earnings surge $700 million, outpacing industry

Year-over-year earnings at community banks across the nation continue to outpace the rest of the banking industry. According to the Federal Deposit Insurance Corp.'s 1Q Quarterly Banking Profile, community bank earnings grew "at almost three times the rate of non-community banks." The report found that not only were aggregate 1Q 2015 earnings up 16 percent from 1Q 2014, but roughly 63 percent of all community banks had increased their year-over-year earnings. Aggregate earnings for the quarter were…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/06/community-bank-earnings-surge-700-million.html?ana=RSS&s=article_search

http://memphissmbmedia.blogspot.com/2015/06/community-bank-earnings-surge-700.html from Memphis SMB Media