MADISON, Wis. – Wisconsin’s state-chartered banks reported sound financial performance through the third quarter of 2025, according to data released today by the Wisconsin Department of Financial Institutions (DFI). As of September 30, 2025, there were 116 state-chartered commercial banks serving Wisconsin residents.
Total assets for Wisconsin’s state-chartered banks stood at $72.8 billion through September 30, 2025, up from $69.6 billion reported on September 30, 2024. The net interest margin improved to 3.54% compared to 3.18% in September 2024. Net loans increased by 5.02% to $52.9 billion, up by $2.5 billion over the same time.
In the 12 months ending on September 30, 2025:
- The capital ratio strengthened to 10.56%, an increase from 10.28% in September 2024;
- The past due ratio rose to 0.99% from 0.88% in September 2024;
- Net operating income improved to $625.1 million compared to $497.9 million in September 2024;
- The return on average assets ratio expanded to 1.17% from 0.97% in September 2024; and
- Bank liquidity remained stable, with a slight increase in the loans to assets ratio to 72.70% compared to 72.46% in September 2024.
“Through the third quarter, Wisconsin’s state-chartered banking institutions continue to demonstrate stability,” said DFI Division of Banking Administrator Kim Swissdorf. “While weaknesses in certain loan portfolios and asset quality metrics require ongoing monitoring, further improvement to the earnings and capital positions provide ample support through economic changes. Overall, our state-chartered banks remain reliable in providing financial stability to Wisconsin communities.”
To learn more, read the DFI’s Bank Performance Indicator Report as of September 30, 2025.
