OCC Releases Semiannual Risk Perspective For Fall 2018

The Office of the Comptroller of the Currency ("OCC") reported on risks facing national banks and federal savings associations, presenting information in five areas: the operating environment, bank performance, topics in emerging risk, trends in key risks and supervisory actions. The report focuses on particular issues that may pose threats to the financial institutions regulated by the OCC.

Based on data as of June 30, 2018, the OCC found that:

• the financial performance of banks comprising the federal banking system improved in the first half of 2018 relative to 2017;
• system-wide return on equity increased to more than 12 percent (surpassing 10 percent for the first time since 2008);