Turbulent Years for U.S. Banks: 2000-20

Wilson, Paul W.

doi:10.20955/r.104.189-209

Journal Article

Turbulent Years for U.S. Banks: 2000-20

Abstract: The first 20 years of the twenty-first century have presented U.S. banks with three recessions, long periods of very low interest rates, and increased regulation. The number of commercial banks operating in the United States declined by 51 percent during this period. This article examines the performance of U.S. commercial banks from 2000 through 2020. An overall picture is provided by examining the evolution of assets, deposits, loans, and other financial characteristics over the period. In addition, new estimates of technical inefficiency are provided, offering additional insight into banks' performance during the recent difficult years.

Keywords: commercial banks; assets; deposits; loans;

JEL Classification: C14; G01; G21;

https://doi.org/10.20955/r.104.189-209