Insured banks report 5.8% higher net income in Q1 amid rise in non-interest income - FDIC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2025
0mins
Source: SeekingAlpha
Increase in Net Income: The FDIC reported a 5.8% rise in aggregate net income for U.S. banks in Q1, totaling $70.6 billion, primarily driven by a 7% increase in non-interest income despite a slight decline in net interest income.
Loan Growth and Deposits: The annual loan growth rate was 3.0%, below pre-pandemic levels, while domestic deposits increased for the third consecutive quarter, indicating ongoing market volatility and adjustments in financial performance.
Analyst Views on FTXO
Wall Street analysts forecast FTXO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTXO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 38.800
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Current: 38.800
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
