The Utah Center for Financial Services at the University of Utah prepared this report to highlight the safety and soundness of industrial banks. Key measures of safety and soundness in banking are capital, asset quality, and profitability. The center compared levels of capital, asset quality, and profitability ratios for the US banking industry and the industrial banking sectors. The underlying financial information is drawn from the Sept. 30, 2023, call report data for individual banks and for aggregated banking industry segments. Read report here