The return on equity of the United States commercial banking industry grew by more than two percentage points in the first quarter of 2023, the single biggest increase since early 2021. After holding a relatively stable value between 2003 and 2006, the ROE went through a sharp decline due to the financial crisis in 2007. The lowest ROE was measured in the fourth quarter of 2008, at minus 21.87 percent. After 2009, it remained relatively stable, although it did not reach its pre-2007 value. After another sharp decrease during the COVID-19 pandemic, it climbed its way back up to 14.7 percent in the first quarter of 2021. After that, however, the ROE of the U.S. banking industry started to fall again until the third quarter of 2022. As of the first quarter of 2023, it stood at 12.9 percent.
Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023
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Other statistics that may interest you U.S. banking industry during recessions
Overview
7
- Premium Statistic Quarterly net income of U.S. banking industry 2007-2023
- Premium Statistic Y-o-y quarterly net income growth of U.S. banking industry 2007-2023
- Premium Statistic Quarterly asset growth rate of U.S. banking industry 2003-2023
- Premium Statistic Quarterly ROA of U.S. banking industry 2003-2023
- Premium Statistic Quarterly ROE of U.S. banking industry 2003-2023
- Premium Statistic Quarterly CET1 ratio of U.S. banking industry 2003-2023
- Premium Statistic Annual percentage of unprofitable banks in the U.S. 2003-2022
Performance indicators
8
- Premium Statistic Y-o-y quarterly net income growth of the 5 biggest banks in the U.S. 2010-2023
- Premium Statistic Y-o-y quarterly employee growth of U.S. banking industry 2007-2022
- Premium Statistic Quarterly CET1 ratio of the 15 biggest banks in the U.S. 2013-2022
- Premium Statistic Quarterly ROA of the 15 biggest banks in the U.S. 2003-2022
- Premium Statistic Quarterly ROE of the 15 biggest banks in the U.S. 2013-2023
- Premium Statistic Quarterly net income of JPMorgan Chase 2007-2023
- Premium Statistic Quarterly net income of Wells Fargo 2007-2023
- Basic Statistic Quarterly net income of Bank of America 2007-2023
Interest rates
5
- Basic Statistic Annual Fed funds effective rate in the U.S. 1990-2023
- Basic Statistic Monthly Fed funds effective rate in the U.S. 1954-2024
- Premium Statistic Monthly inflation rate and Federal Reserve interest rate in the U.S. 2018-2023
- Premium Statistic Annual prime loan rate of banks in the U.S. 1990-2023
- Premium Statistic Mortgage interest rates in the U.S. Q1 2019- Q2 2023, by mortgage type
Bank lending
6
- Premium Statistic Quarterly loan loss provisions as a share of total bank loans in the U.S. 2003-2022
- Premium Statistic Quarterly loan value as a share of total bank assets in the U.S. 2003-2022, by type
- Premium Statistic Monthly value of commercial and industrial loans in the U.S. 2007-2023
- Premium Statistic Annual change of loans and leases in bank credit in the U.S. 2007-2023
- Premium Statistic Annual change of total consumer credit in the U.S. 2007-2023
- Premium Statistic Quarterly delinquency on all commercial bank loans in the U.S. 2007-2023
Banker perspective
5
- Premium Statistic Banker perspective on the timing of a recession in the U.S. Q3 2022
- Premium Statistic Banker perspective on likely causes of recession in the U.S. Q2 2022
- Premium Statistic Banker perspective of Fed interest rate policy in the U.S. Q3 2022
- Premium Statistic Quarterly banker expectations in financial indicators of the industry in U.S. 2023
- Premium Statistic Quarterly banker opinion on economic condition of the industry in U.S. 2023
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New York Fed. (July 25, 2023). Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023 [Graph]. In Statista. Retrieved May 02, 2024, from https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/
New York Fed. "Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023." Chart. July 25, 2023. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/
New York Fed. (2023). Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023. Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/
New York Fed. "Return on Equity (Roe) of U.S. Commercial Banking Industry from 1st Quarter 2003 to 1st Quarter 2023." Statista, Statista Inc., 25 Jul 2023, https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/
New York Fed, Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023 Statista, https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/ (last visited May 02, 2024)
Return on equity (ROE) of U.S. commercial banking industry from 1st quarter 2003 to 1st quarter 2023 [Graph], New York Fed, July 25, 2023. [Online]. Available: https://www.statista.com/statistics/1110550/roe-us-banking-industry-per-quarter/