Historical Year Data · 2023
Corporate Profits After Tax in 2023
Corporate Profits After Tax opened 2023 at $3B and closed at $3B, a +7.43% move for the year. The high of $3B was reached on October 1, and the low of $3B on January 1.
Open
$3B
2023-01
Close
$3B
4 data points
High
$3B
Oct 1
Low
$3B
Jan 1
Full Year Change
+7.43%
2022 Change
+8.49%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $3B | $3B | $3B | $3B | +0.00% |
| Apr | $3B | $3B | $3B | $3B | +0.00% |
| Jul | $3B | $3B | $3B | $3B | +0.00% |
| Oct | $3B | $3B | $3B | $3B | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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