![S&P Sees Lower Bank Margins Ahead as High Deposit Costs Persist](https://commercialrecord.com/wp-content/uploads/2019/02/spreadsheets-image.jpg)
S&P Sees Lower Bank Margins Ahead as High Deposit Costs Persist
U.S. banks increased deposit costs in the second quarter to protect core funding and have seen slowed deposit outflows, but that “defensive posture” and its lower net interest margins are likely to continue in the coming years.