U.S. Banking Outlook 3Q20: Interesting times
Published on Tuesday, August 4, 2020 | Updated on Tuesday, August 11, 2020
U.S. Banking Outlook 3Q20: Interesting times
Summary
Banks remain critical for supporting the economy during the crisis. Total bank loan growth will slow and deposit growth revert to normal rates. Banks will be operating with higher levels of deposits relative to loans, credit quality will deteriorate and profitability edge down, but systemic risks remain contained.
Key points
- Key points:
- Loans: Idiosyncrasies galore
- Deposits: Flush with cash
- Credit quality: Not as bad as it could be
- Profitability: Silver linings amid an abundance of challenges
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Banks
- Macroeconomic Analysis
- Financial Markets
Tags
Authors
Filip Blazheski
Nathaniel Karp
Documents and files
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