Wisconsin’s State-Chartered Banks Report Sound First-Quarter Financial Performance

​For Immediate Release: May 30, 2025

Wisconsin’s State-Chartered Banks Report Sound First-Quarter Financial Performance

MADISON, Wis. – Wisconsin’s state-chartered banks reported sound financial performance through the first quarter of 2025, according to data released today by the Wisconsin Department of Financial Institutions (DFI). As of March 31, 2025, there were 117 state-chartered commercial banks serving Wisconsin residents.

Total assets for Wisconsin’s state-chartered banks stood at $70.8 billion through March 31, 2025, up from $67.4 billion reported on March 31, 2024. The net interest margin improved to 3.38% compared to 3.10% in March 2024. Net loans increased by 4.60% to $51.3 billion, up by $2.3 billion over the same time.

In the 12 months ending on March 31, 2025:

• The capital ratio strengthened to 10.20%, an increase from 9.91% in March 2024;
• The past due ratio rose to 0.97% from 0.82% in March 2024;
• Net operating income improved to $185.0 million compared to $152.2 million in March 2024;
• The return on average assets ratio expanded to 1.05% from 0.90% in March 2024; and
• Bank liquidity remained stable, with only a slight decline in the loans to assets ratio to 72.39% compared to 72.77% in March 2024.

“Through the first quarter, Wisconsin’s state-chartered banks continue to demonstrate stability,” said DFI Division of Banking Administrator Kim Swissdorf. “Further strengthening of earnings and capital positions helps to mitigate ongoing economic uncertainty and any potential for elevated credit risk. Overall, Wisconsin’s state-chartered banks continue to provide support and consistency for local communities and businesses.”

To learn more, read the DFI’s Bank Performance Indicator Report as of March 31, 2025.

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Media Contact Email: DFICommunications@dfi.wisconsin.gov​​