Big Banks See Deposit Outflows and Lower Deposits Costs During Fourth Quarter

Five out of the nine banks with assets between $100 billion and $1 trillion that reported fourth-quarter results between Jan. 16 and Jan. 21 posted sequential deposit declines, according to S&P Global Market Intelligence. Net interest margins increased at six of the banks. Read the article for more detailed breakdowns of deposit, margin, and earnings trends at the nine institutions. 

Another S&P article discussed how deposit costs fell at 22 of 24 of the major exchange-traded banks during the same period. 

------------------------------
Rob Blackwell
Chief Content Officer and Head of External Affairs
IntraFi
Arlington, VA
------------------------------