Klee, Elizabeth C.; Natalucci, Fabio M. - In: Federal Reserve Bulletin (2005) Spr, pp. 143-174
U.S. commercial banks continued to be highly profitable in 2004. Return on assets and return on equity declined … range that has prevailed since the mid-1990s. Profits were trimmed a bit by a narrowing of banks' net interest margins as … quality of business and household loans allowed banks to reduce their provisioning for loan and lease losses, and delinquency …