Chart 25 Bank Earnings Remain High
Note: 2005 data as of September 30, 2005. All other data as of year-end. Adjusted Return on Equity (ROE) estimates ROE level without merger accounting effects on income and equity. Commercial banks: 14.17 as of third quarter 2004 and 15.22 adjusted. Commercial banks: 13.29 as of third quarter 2005 and 15.04, adjusted. The chart shows recession periods in general from approximately late 1972 to mid-1974, mid- to late 1979, late 1980 to early 1982, 1990, and 2001.
Source: Integrated Banking Information System (Office of the Comptroller of the Currency).