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The Only 3 Charts You Need To See From The Financial Services Roundtable Report Released This Morning

The Financial Services Roundtable came out with a report this morning on the health of the banking industry and in a sentence, it says: We're coming back, and we're looking good.

In truth, it's different, but good.

The 'different' is the form of bank business models, especially regarding executive compensation. For example: Without the force of legislation, 87% of banks have instituted maximum payout caps, 83% have clawback provisions, and 52% have restricted stock awards.

And here's the good in 3 charts.

Non-performing loans are down:

chart

Small business lending, a factor in helping the economy grow, is up to 2008 levels:

 

chart

 

And, perhaps most importantly, banks have way more cash than they did before the financial crises:

 

chart

 

You can read the full report (via Politico) here>>

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See Also:

  • Alleged Ponzi-Schemer Allen Stanford: 'People Are Stupid'
  • Newt's False And Pandering Attack On Goldman Sachs
  • You Will Laugh Really Hard Watching This Funny Or Die Video Slamming Bank Of America




Full "The Business Insider: The Money Game" article




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