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Second Quarter 2022

Quarterly Report on Bank Trading and Derivatives Activities

This publication is part of:

Collection: 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 $10.3 billion in the second quarter of 2022. The second quarter trading revenue was $273.0 million, or 2.6 percent, less than in the previous quarter and $2.2 billion, or 26.8 percent, more than in the second quarter of 2021.

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

  • a total of 1,258 insured U.S. national and state commercial banks and savings associations held derivatives.
  • four large banks held 88.9 percent of the total banking industry notional amount of derivatives.
  • derivative contracts remained concentrated in interest rate products, which represented 73.3 percent of total derivative notional amounts.
  • the percentage of centrally cleared derivatives transactions decreased quarter-over-quarter to 43.1 percent.

Related Data

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