The Office of the Comptroller of the Currency (OCC) published its Quarterly Report on Bank Trading and Derivatives Activities for the third quarter of 2025, reporting aggregate trading revenue of USD 18.4 billion for U.S. commercial banks and savings associations. Trading revenue was USD 1.8 billion (10.9%) higher than the previous quarter and USD 2.1 billion (12.7%) higher than a year earlier. On derivatives, 1,221 insured U.S. national and state commercial banks and savings associations held derivatives, with four large banks accounting for 86.3% of the industry’s total notional amount. Net current credit exposure fell by USD 15.8 billion (5.9%) to USD 252.0 billion, while total derivatives notional increased by USD 8.3 trillion (3.7%) to USD 231.8 trillion; interest rate products remained dominant at USD 154.5 trillion (66.7%) of total notional.
Office of the Comptroller of the Currency 2025-12-19
Office of the Comptroller of the Currency reports USD 18.4 billion in third quarter 2025 bank trading revenue and USD 231.8 trillion in derivatives notional
The Office of the Comptroller of the Currency reported USD 18.4 billion trading revenue for U.S. commercial banks and savings associations in Q3 2025, marking a 10.9% increase from the previous quarter. Four large banks held 86.3% of the industry's total derivatives notional, which rose by USD 8.3 trillion to USD 231.8 trillion, with interest rate products comprising 66.7%. Net current credit exposure decreased by USD 15.8 billion to USD 252.0 billion.