Banks Face New Challenges as Texas Rebounds from COVID-19 Shock

Amy Chapel, Kory Killgo and Kelly Klemme

Southwest Economy, 2021, issue Second Quarter

Abstract: The banking industry faced significant challenges from the COVID-19 pandemic in 2020, with profitability declining to levels not seen since the 2008–09 financial crisis. While strong economic growth during 2021 is expected as the economy reopens, some credit deterioration and losses are still possible as fiscal stimulus and national forbearance programs end.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/research/swe/2021/swe2102/swe2102e.aspx Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddse:92925

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Southwest Economy from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().