Quarterly Report on Bank Trading and Derivatives Activities

The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $12.7 billion in the third quarter of 2022. The third quarter trading revenue was $2.4 billion, or 22.9 percent, more than in the previous quarter and $5.8 billion, or 84.1 percent, more than in the third quarter of 2021.

In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also reported that as of the third quarter of 2022:

• a total of 1,211 insured U.S. national and state commercial banks and savings associations held derivatives.
• four large banks held 88.6 percent of the total banking industry notional amount of derivatives.
• derivative contracts remained concentrated in interest rate products, which represented 72.8 percent of total derivative notional amounts.
• the percentage of centrally cleared derivatives transactions decreased quarter-over-quarter to 41.7 percent.

Related Data

Download the XML file and open it with Excel to view the data as tables.

• Quarterly Report on Bank Trading and Derivatives Activities: Third Quarter 2022 (XML)