Wednesday, August 23, 2017

Maryland banks see profit rise 11 percent in second quarter

Maryland banks continued to make money in the second quarter, but saw growth in profit slow to 11 percent. The state’s 54 federally insured financial institutions reported a combined profit of $192 million in the second quarter, up from $173 million a year ago, according to data released Tuesday by the Federal Deposit Insurance Corp. Maryland banks posted a growth in profit of 22 percent in the year-ago quarter. Deposits rose 7.8 percent to $32.4 billion from $30 billion a year ago. Assets increased…



from https://www.bizjournals.com/baltimore/news/2017/08/23/maryland-banks-see-profit-rise-11-percent-in.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/164518705482

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