How to Read the FDIC Quarterly Banking Profile — Bank Earnings, Margins, Asset Quality and the Deposit Insurance Fund
FDIC report on FDIC-insured commercial banks and savings institutions. Q2 2026: net income $90.1 billion (+12.0% from Q1), ROA 1.37%. Next report around late November; no exact date stated.
Key figures (QBP, second quarter 2026; released August 25, 2026)
As of 24 October 2026 (KST); latest report: FDIC Quarterly Banking Profile for the second quarter of 2026, released August 25, 2026. Primary sources: https://www.fdic.gov/quarterly-banking-profile and https://www.fdic.gov/quarterly-banking-profile/quarterly-banking-profile-second-quarter-2026.pdf[1][4]
| Indicator (all FDIC-insured institutions) | Previous (Q1 2026) | Current (Q2 2026) | Change vs previous | Change vs year ago (Q2 2025) | Evidence type |
|---|---|---|---|---|---|
| Quarterly net income | $80.5 billion | $90.1 billion | +$9.7 billion (+12.0%), as published | +$20.1 billion (+28.7%), as published | Issuer record (FDIC QBP) |
| Return on assets (quarterly) | 1.26% | 1.37% | +0.11 percentage point between the displayed rates (this page's calculation) | vs 1.14%: +0.23 point between the displayed rates (this page's calculation; the report states no year-ago change in basis points) | Issuer record (FDIC QBP) for the rates; this page's calculation for the differences |
| Net interest margin | 3.31% | 3.32% | +1 basis point, as published | year-ago quarter not stated in the narrative | Issuer record (FDIC QBP) |
| Total assets ($ millions) | 26,145,458 | 26,462,210 | +316,752 (+1.2%); dollar change is this page's calculation, percentage as published | +5.9%, as published | Issuer record (FDIC QBP) |
| Total loans and leases ($ millions) | 13,692,737 | 13,936,266 | +243,529 (+1.8%); dollar change is this page's calculation, percentage as published | +6.8%, as published | Issuer record (FDIC QBP) |
| Domestic office deposits ($ millions) | 18,827,804 | 18,970,514 | +142,710 (+0.8%); dollar change is this page's calculation, percentage as published | +5.2%, as published | Issuer record (FDIC QBP) |
| Past-due and nonaccrual rate | 1.53% (derived from the published change) | 1.44% | -9 basis points, as published | year-ago quarter not stated in the narrative | Issuer record (FDIC QBP); previous value derived by this page |
| Net charge-off rate (quarterly) | 0.59% (derived) | 0.57% | -2 basis points, as published | vs 0.60% (table III-A): -3 basis points, as published | Issuer record (FDIC QBP); previous value derived by this page |
| DIF reserve ratio | 1.43% | 1.48% | +5 basis points, as published | vs 1.36% (table I-C): +12 basis points, as published | Issuer record (FDIC QBP) |
| Problem banks | 54 (derived) | 47 | net -7, as published | 59 a year earlier (table I-A) | Issuer record (FDIC QBP); previous value derived by this page |
Comparison basis: dollar amounts in millions come from table II-A of the second-quarter report, which shows the second quarter of 2026, the first quarter of 2026 and the second quarter of 2025 side by side. Ratios and published changes come from the report's narrative and the first-quarter press release. Where a previous-quarter ratio is not printed, this page derives it from the published change (marked "derived"). Figures are rounded as published. The net income increases (+$9.7 billion, +$20.1 billion) are the FDIC's published figures; the difference between the two rounded quarterly totals ($90.1 billion minus $80.5 billion, $9.6 billion) can differ from them because of rounding. The report and the press releases are all FDIC records and are counted here as one issuer, not as independent sources.[1][3]
In three lines 1. The FDIC's Quarterly Banking Profile summarizes the combined results of FDIC-insured commercial banks and savings institutions each quarter; whether insured branches of foreign banks are included differs by table. 2. In the second quarter of 2026 the 4,238 insured institutions earned $90.1 billion, up 12.0% from the first quarter, with a return on assets of 1.37%. 3. Loans rose 1.8% and domestic deposits 0.8% from the prior quarter; the next report is expected around late November 2026, and no exact release date is stated.[1][4]
What the QBP is (in the FDIC's words)
"The Quarterly Banking Profile (QBP) provides an overview of the aggregate financial condition of FDIC-insured institutions."[4]
Timing: "The QBP is published about 55 days after the end of the quarter—around late May, late August, late November, and late February." The second-quarter 2026 report was released on August 25, 2026.[4]
Coverage: "Depository institutions that are not insured by the FDIC through the DIF are not included in the FDIC Quarterly Banking Profile."[5]
What the main measures mean
Net interest margin: "Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to depositors and other creditors, expressed as a percentage of average earning assets." The industry figure was 3.32% in the second quarter of 2026.[1][5]
Asset quality: "Past-due and nonaccrual (PDNA) loans—loans that are 30 or more days past due or are in nonaccrual status—decreased 9 basis points from the prior quarter to 1.44 percent." The Notes to Users define noncurrent loans: "Noncurrent loans and leases – the sum of loans and leases 90 days or more past due and loans and leases in nonaccrual status."[1][5]
Net charge-offs: "Net charge-offs – total loans and leases charged off (removed from balance sheet because of uncollectability), less amounts recovered on loans and leases previously charged off." "The industry's net charge-off rate decreased 2 basis points to 0.57 percent from the prior quarter and was 3 basis points lower than the year-ago quarter."[1][5]
Deposit Insurance Fund: "The DIF's reserve ratio (the fund balance as a percentage of insured deposits) was 1.48 percent on June 30, 2026, up 5 basis points from the previous quarter and 12 basis points higher than the previous year." "The Deposit Insurance Fund (DIF) balance increased by $3.7 billion to $161.1 billion."[1]
Problem banks: "The number of banks on the FDIC's "Problem Bank List" decreased by a net of seven in the second quarter to 47 banks." "Problem banks represented 1.1 percent of total banks in the second quarter, which is in the normal range of 1 to 2 percent for non-crisis periods." The Notes to Users explain: ""Problem" institutions are rated either a "4" or "5," depending upon the degree of risk and supervisory concern."[1][5]
Return on assets: "Return on assets – bank net income (including gains or losses on securities and extraordinary items) as a percentage of average total (consolidated) assets." The FDIC calls it "The basic yardstick of bank profitability."[1][5]
Comparing figures inside the report
Quarterly vs year-to-date ratios. The 1.37% return on assets is the second-quarter figure (table III-A); table I-A shows 1.32% for the first half of 2026, annualized. Likewise the quarterly net charge-off rate was 0.57%, while table V-A's "Percent of Loans Charged-Off (net, YTD)" shows 0.58% for the year to date. Compare like periods.[1]
Two different "earnings gains" shares. The narrative says "About 69 percent of institutions reported higher net income from the prior quarter." Table III-A shows 75.22% of institutions with earnings gains, but the Notes define that column differently: "Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their losses) compared to the same period a year earlier."[1][5]
Community banks: adjusted vs unadjusted. The report explains: "When comparing community bank performance across quarters, prior-quarter dollar amounts are based on community banks designated as such in the current quarter, adjusted for mergers. Prior-quarter ratios are based on community banks designated during the prior quarter." Its community-bank net income is up 18.1% from the second quarter of 2025 in the merger-adjusted table but 13.3% in the unadjusted table (total net income including minority interests, table II-B); the narrative uses the adjusted figure.[1]
Institution counts and deposit measures. Tables I-A and II-A cover 4,238 institutions and note "* Excludes insured branches of foreign banks (IBAs)." The Deposit Insurance Fund tables cover 4,247 and note "* Includes insured branches of foreign banks (IBAs) and any revisions to prior quarter data." Their deposit figures "Does not equal total deposits and domestic office deposits in the tables above due to adjustments to align with the determination of deposit insurance coverage in the event of a bank failure."[1]
Aggregation. The Notes to Users, which also appear at the end of the full report, add that subsidiary reports are included in the tables and "No adjustments are made for any double-counting of subsidiary data."[1][5]
Reading in pairs
Industry vs community banks. Industry net income rose 12.0% from the prior quarter; for community banks the report says: "Community banks—which represent 90 percent of insured institutions—reported quarterly net income of $8.7 billion in second quarter 2026, an increase of $659.2 million (8.2 percent) from the prior quarter." Community bank NIM was 3.81%, against 3.32% for the industry (published figures).[1]
Total deposits growth vs uninsured deposits. Domestic deposits rose $142.7 billion (0.8%) in the quarter, and the report adds: "Estimated uninsured domestic deposits, which rose $317.4 billion (3.8 percent) from the prior quarter, drove the increase in domestic deposits." In the Deposit Insurance Fund table, estimated uninsured deposits were 44.38% of deposit liabilities after exclusions at June 30, 2026, up from 43.20% in the first quarter (published).[1]
Delinquencies vs reserves. The past-due and nonaccrual rate fell to 1.44%, and "The reserve coverage ratio (the ratio of the allowance for credit losses to noncurrent loans) rose from the prior quarter to 172.7 percent."[1]
Earnings vs unrealized losses. Alongside record-high quarterly income comparisons, the report notes: "Unrealized losses on securities totaled $326.7 billion, up $1.6 billion (0.5 percent) from the prior quarter but down $68.6 billion (17.4 percent) from the year-ago quarter."[1]
Verified facts
Each fact is labelled with its evidence typeEach fact in this section carries its evidence type — either cross-checked against independent sources, or confirmed from a single authoritative record.
The FDIC's Quarterly Banking Profile provides an overview of the aggregate financial condition of FDIC-insured institutions and is published about 55 days after the end of each quarter.[4] 1 source · authoritative record
In the second quarter of 2026 the 4,238 FDIC-insured commercial banks and savings institutions reported net income of $90.1 billion, up $9.7 billion (12.0 percent) from the prior quarter and up $20.1 billion (28.7 percent) from a year earlier.[1][2] 1 source · authoritative record
The industry return on assets was 1.37 percent in the second quarter of 2026, up from 1.26 percent in the first quarter and 1.14 percent a year earlier; net interest margin was 3.32 percent.[1] 1 source · authoritative record
Total loans and leases were $13,936,266 million and domestic office deposits $18,970,514 million at the end of the second quarter of 2026, up 1.8 percent and 0.8 percent from the prior quarter.[1] 1 source · authoritative record
The past-due and nonaccrual rate fell 9 basis points to 1.44 percent and the net charge-off rate fell 2 basis points to 0.57 percent in the second quarter of 2026.[1] 1 source · authoritative record
The Deposit Insurance Fund balance rose $3.7 billion to $161.1 billion and the reserve ratio was 1.48 percent on June 30, 2026; the Problem Bank List fell by a net of seven to 47 banks.[1] 1 source · authoritative record
In the first quarter of 2026 FDIC-insured institutions reported a return on assets of 1.26 percent, net income of $80.5 billion and a net interest margin of 3.31 percent; the DIF reserve ratio was 1.43 percent.[3] 1 source · authoritative record
Statements and readings
Not counted as facts — each item shows what kind of statement it isFrom here on: statements not counted as facts — single-source reports, the issuing body’s own statements, and this page’s own readings, each labeled.
The industry return on assets rose 0.11 percentage point from the first quarter of 2026 and 0.23 point from a year earlier; the first-quarter past-due and nonaccrual rate implied by the published 9 basis point decline is 1.53 percent.[1] This page’s own calculation or reading · This page's calculation from the FDIC's published ratios and changes
Fifty-five days after the September 30 quarter end is November 24, 2026, consistent with the FDIC's description of a late-November release; the FDIC page does not give an exact date.[4] This page’s own calculation or reading · This page's calculation from the FDIC's publication schedule
Timeline
- 2026-05-27
First-quarter 2026 QBP released: ROA 1.26%, net income $80.5 billion.[3]
- 2026-06-30
Second quarter of 2026 ends; DIF reserve ratio 1.48%.[1]
- 2026-08-25
Second-quarter 2026 QBP released: net income $90.1 billion, ROA 1.37%.[1][2]
- 2026-11
Next QBP expected around late November, by the FDIC's description.[4]
- Model
- claude-opus-5
- Time
- 10/24/2026, 12:51
- Body characters
- 9,712
- Sources
- 5 sources adopted
- Model
- ChatGPT (checked sources on the web)
- Time
- 10/24/2026, 13:07
- Verdict
- Revision required
Show revision history (4)
| 10/24/2026, 09:00 | First authored (claude-opus-5) | Created |
| 10/24/2026 | First version. Read the FDIC Quarterly Banking Profile for the second quarter of 2026, the second- and first-quarter press releases, the QBP landing page and the Notes to Users; quotations and figures matched against the source text. | Updated |
| 10/24/2026 | Read the full second-quarter 2026 Quarterly Banking Profile, including all detail tables (III-A to VII-A, I-B to VI-B, I-C to IV-C) and the Notes to Users. Added a section on comparing figures inside the report: quarterly versus year-to-date ratios, the different definitions of the earnings-gains share, merger-adjusted versus unadjusted community bank growth, and differences in institution counts and deposit measures between the main and Deposit Insurance Fund tables; added the FDIC's definitions of return on assets and problem institutions; year-ago net charge-off and reserve ratios now cite their tables. | Updated |
| 10/24/2026 | Revised after review: return-on-assets differences are labelled as differences between the displayed rates, noting that the report states no year-ago change in basis points; a rounding note explains that published net income increases can differ from the difference between rounded quarterly totals; FDIC report and press releases are treated as one issuer; the aggregation note cites the Notes to Users; the summary names FDIC-insured commercial banks and savings institutions and says no exact date is stated for the next report. | Updated |
Frequently asked
How much did U.S. banks earn in the second quarter of 2026?
$90.1 billion in net income for the 4,238 FDIC-insured institutions, up $9.7 billion (12.0%) from the first quarter of 2026 and up $20.1 billion (28.7%) from a year earlier, according to the FDIC's Quarterly Banking Profile.[1]
When is the next FDIC Quarterly Banking Profile?
Around late November 2026: the FDIC says the QBP is published about 55 days after the end of the quarter, around late May, late August, late November and late February. The FDIC page does not give an exact date.[4]
What was the banks' net interest margin in the second quarter of 2026?
3.32%, up 1 basis point from the first quarter. The FDIC defines net interest margin as the difference between interest earned and interest paid, as a percentage of average earning assets.[1][5]
How many problem banks were there at the end of June 2026?
47 banks were on the FDIC's Problem Bank List in the second quarter of 2026, down a net of seven. The FDIC says that was 1.1 percent of banks, within the normal range of 1 to 2 percent for non-crisis periods.[1]
What is the Deposit Insurance Fund reserve ratio?
1.48% on June 30, 2026: the fund balance as a percentage of insured deposits, up 5 basis points from the previous quarter. The fund balance was $161.1 billion.[1]
How fast did bank loans grow in the second quarter of 2026?
1.8% from the prior quarter, an increase of $243.5 billion to $13.9 trillion, and 6.8% from a year earlier, according to the FDIC.[1]
What does past-due and nonaccrual mean in the QBP?
1.44% of loans were past due 30 days or more or in nonaccrual status in the second quarter of 2026, down 9 basis points from the prior quarter.[1]
Which institutions does the QBP cover?
4,238 insured commercial banks and savings institutions reported for the second quarter of 2026; the Deposit Insurance Fund tables also include insured branches of foreign banks (4,247 institutions). The FDIC notes that depository institutions not insured by the FDIC through the DIF are not included.[1][2][5]
Official links
Sources
- [1] Quarterly Banking Profile, Second Quarter 2026 (full report) primary
- [2] FDIC-Insured Institutions Reported Return on Assets of 1.37 Percent and Net Income of $90.1 Billion in Second Quarter 2026 (press release) primary
- [3] FDIC-Insured Institutions Reported Return on Assets of 1.26 Percent and Net Income of $80.5 Billion in First Quarter 2026 (press release) primary
- [4] Quarterly Banking Profile primary
- [5] QBP Notes to Users, Second Quarter 2026 primary