Banking’s banner year
US banks delivered a record year in 2025.
Here is what stands out:
- $296B in total profits across 4,300+ banks
- 2.99% net interest margin, up from 2.92%
- $750B added to loan portfolios
- 1.56% delinquency rate, slightly down from 1.6%
Lower funding costs helped. Deposit costs declined to 2.04%, improving spreads even as rates remained elevated.
For FIs, the message is clear: margins improved, credit remained resilient, and performance was strong. Sustaining that momentum in a more uncertain environment will require disciplined risk management and strategic growth.
Source: https://www.ft.com/content/8fc14314-7300-41f1-acb6-bc525bf2157a
