Wisconsin’s state-chartered banks reported sound financial performance through year-end 2024, according to data released today by the Wisconsin Department of Financial Institutions (DFI). As of Dec. 31, 2024, there were 118 state-chartered commercial banks serving Wisconsin residents.
At year-end 2024, total assets for Wisconsin’s state-chartered banks stood at $70.24 billion, up from $67.08 billion reported on Dec. 31, 2023. The net interest margin remained stable at 3.24% compared to 3.23% one year earlier. Net loans increased by 4.66% to $50.7 billion, up by $2.3 billion over the same time.
In the 12 months ending on Dec. 31, 2024:
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The capital ratio remained satisfactory at 10%, an increase from 9.83% in December 2023;
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The past due ratio increased slightly to 0.92% from 0.69% in December 2023;
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Net operating income increased to $674.3 million compared to $605.6 million in December 2023;
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The return on average assets ratio increased to 0.98% from 0.91% in December 2023; and
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Bank liquidity remained stable, with only a slight decline in the loans to assets ratio to 72.21% compared to 72.24% in December 2023.
