The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $15.0 billion in the first quarter of 2025. The first quarter trading revenue was $408 million, or 2.7 percent, less than in the previous quarter and $297 million, or 1.9 percent, less than a year earlier.
In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also reported that as of the first quarter of 2025:
- a total of 1,213 insured U.S. national and state commercial banks and savings associations held derivatives.
- four large banks held 87.1 percent of the total banking industry notional amount of derivatives.
- initial credit exposure from derivatives before netting decreased in the first quarter of 2025 compared with the fourth quarter of 2024. NCCE decreased $21.3 billion, or 7.9 percent, to $249.0 billion.
- derivative notional amounts increased in the first quarter of 2025 by $23.9 trillion, or 12.8 percent, to $210.4 trillion.
- derivative contracts remained concentrated in interest rate products, which totaled $141.0 trillion or 67.0 percent of total derivative notional amounts.
Related Link
Source: OCC
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
BNY will also provide its transaction banking services to integrate tradFi & crypto ecosystems.
-
The donation includes funds from Jefferies and voluntary contributions from its employees.
-
Sunak was Prime Minister of the UK between October 2022 and July 2024.
-
The French bank acquired Santander’s 30.5% stake in CACEIS, its asset servicing subsidiary.
-
Europe’s first and largest ETF white label platform has record $7.7bn AUM.