The FDIC announced that U.S. banking sector profits rose to $79.3 billion in Q3, marking a 13.5% increase. This growth highlights the resilience and strengthening of the nation's financial system.
The Federal Deposit Insurance Corporation (FDIC) reported on Monday that the U.S. banking sector's profits surged 13.5% to $79.3 billion in the third quarter of this year. This substantial increase indicates the strengthening of the country's financial sector and its improved profitability.
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