CDFI Banking Industry Quarterly Profile: First Quarter 2016 Financial Performance
Date:
06/2016
The CDFI banking industry continued to show modest growth with the addition of 4 new CDFI banks, bring the total to 122 certified CDFI banks at the end of March 2016. This increase was reflected within the growth of both total values and medians of key financial metrics including assets, deposits, and loans within the industry. Several performance metrics suggest that the CDFI banking sector has also experienced some degree of stabilization of profitability and increasing quality of loan portfolios. The full industry report can be downloaded here.
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