The Office of the Comptroller of the Currency released its Quarterly Report on Bank Trading and Derivatives Activities for the second quarter of 2025, reporting cumulative trading revenue of USD 16.6 billion for U.S. commercial banks and savings associations. Trading revenue was up USD 1.6 billion (10.7%) from the prior quarter and up USD 355 million (2.2%) from a year earlier. As of the second quarter of 2025, 1,217 insured U.S. national and state commercial banks and savings associations held derivatives, with four large banks accounting for 87.3% of the industry’s total derivatives notional amount. Total derivatives notional amounts increased by USD 13.1 trillion (6.2%) to USD 223.5 trillion, while net current credit exposure rose by USD 18.8 billion (7.6%) to USD 267.0 billion and initial credit exposure before netting also increased versus the first quarter. Interest rate products remained the largest category at USD 148.7 trillion, representing 66.5% of total notional amounts.
Office of the Comptroller of the Currency 2025-09-25
Office of the Comptroller of the Currency reports USD 16.6 billion cumulative bank trading revenue and higher derivatives exposures in Q2 2025
The Office of the Comptroller of the Currency's Quarterly Report for Q2 2025 shows U.S. commercial banks and savings associations earned USD 16.6 billion in trading revenue, a 10.7% increase from the previous quarter. Four large banks held 87.3% of the industry's USD 223.5 trillion derivatives notional amount, which rose by USD 13.1 trillion. Interest rate products dominated, comprising 66.5% of total notional amounts.