OCC Reports First Quarter 2025 Bank Trading Revenue — 2025-06-23

WASHINGTON—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.