This post was originally published on OCC.gov
WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $21.6 billion in the second quarter of 2026. The second quarter trading revenue was $5.3 billion, or 32.5 percent, more than in the previous quarter and $5.1 billion, or 30.6 percent, more than a year earlier.
In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also reported that as of the second quarter of 2026:
- a total of 1,173 insured U.S. national and state commercial banks and savings associations held derivatives.
- four large banks held 80.2 percent of the total banking industry notional amount of derivatives.
- initial credit exposure from derivatives before netting increased in the second quarter of 2026 by $106 billion, or 3.6 percent, to $3.1 trillion, while net current credit exposure decreased by $34.3 billion, or 10.6 percent, to $291 billion.
- derivative notional amounts increased in the second quarter of 2026 by $4 trillion, or 1.3 percent, to $300.5 trillion.
- derivative contracts remained concentrated in interest rate products, which totaled $205.9 trillion, or 68.5 percent of total derivative notional amounts.
