Six US banks failed through Sept. 25, 2026, but the failures do not establish a repeat of the 2023 banking crisis. FDIC figures put the failed banks' combined assets at about $1.43 billion, compared with roughly $552.54 billion in 2023, although different reporting dates prevent an exact ratio. The FDIC's problem-bank list fell to 47 institutions as of June 30, while second-quarter industry profit reached $90.1 billion. Nano Banc, the largest failure this year, reported $736 million in assets, and the FDIC estimated a $114 million cost to its Deposit Insurance Fund. The closure records identify weaknesses at individual lenders but do not establish a common funding shock or contagion.
