CPG’s Claude Hanley and Kunal Choksi monitor the quarterly financial trends of publicly traded banks and provide implications for the industry.

2Q25 Quarterly Bank Report: Solid financial results tempered by economic uncertainty. 

  • Net loan growth was positive across all asset tiers, but the outlook is clouded by uncertainty about economic developments and global trade tensions.
  • Deposit growth was moderately positive. Many bankers prioritized lower funding costs over loan growth and attributed the increase to improved client engagement rather than high rates.
  • Efficiency ratios improved as median revenue growth was well above median growth in noninterest expenses in all asset tiers.
  • Bank stocks significantly outperformed the broader market in 2Q25, and higher valuations will likely spur M&A activity.

Quarterly Bank Report