Journal Article

Fifth district banks' return on assets: highest in decade


Abstract: Reduced provisions for loan losses in 1988 boosted bank profits in the Fifth District and nationwide. Profit ratios also may have been influenced somewhat by subsidiary banks payment of management fees to their holding companies.

Keywords: Federal Reserve District, 5th; Bank profits;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Economic Review

Publication Date: 1989

Volume: 75

Issue: May

Pages: 16-22