Reported about 1 year ago
As the community bank second-quarter earnings season approaches, analysts are cautious due to net interest margin pressure and signs of credit quality deterioration. US banks with assets under $10 billion reported narrower margins, and more banks are expected to report loan charge-offs in the second quarter. The Federal Reserve's potential reduction in borrowing costs could ease pressure on banks' deposit costs, but concerns persist regarding commercial real estate credits and the overall credit outlook.
Source: YAHOO