The Institutional Risk Analyst

As we move into Q4 2021 earnings, keep your eyes peeled for news of restructuring of urban commercial commercial and multifamily properties

Is SQ really, REALLY worth 25x book value? Our respectful answer to that question is no.

We ask whether bank fundamentals are starting to catch up to the very full equity market valuations , up 40% since the end of 2020

any of the problems that the Fed now seeks to fix, starting with the unnecessary elimination of LIBOR, are a function of earlier policies...

RJF is one of those quiet high-performer banks in the investment world that few understand but many own in LT portfolio

Over the next several years, as the economic cost of COVID becomes full visible, New York City may face its second financial crisis

The good news is that NRZ is growing and making strides in terms of asset creation and, especially, asset retention.

Risk to investors in the market for residential mortgages is rising and from multiple sources

Look for the FOMC to act early and go big in terms of forward repurchase agreements at the first sign of liquidity stress.

WAL is one the best performing small banks in the US based upon equity market valuations, profits and growth rates

Fact is, we are all staring at computers or handsets, all of which are connected to the internet.

Many of the better managed financials that we track have become sellers of assets rather than buyers in the past several months.

Amidst the yelling and screaming of Elizabeth Warren, we suspect that Jay Powell will survive the crisis

In the Q3 2021 edition of The IRA Bank Book, we document the slow destruction of US bank asset and equity returns by the FOMC.

When Treasury market yields trade and stay negative, look for the Federal Reserve Board to come to the rescue of MM funds and banks.

Which US financial will best weather the coming equity market correction?

If we told you that a group of banks and REITs outperformed fintech stocks during the first nine months of 2021, what would you say?

U.S. Bancorp, PNC and Truist Financial hold great value creation potential. But which is likely to realize this potential?

We expect to see a lot more M&A activity over the next 12 – 18 months, as that’s the only way for some players to grow share.

There is, after all, no free lunch for investors when the Fed is serving the thin meal of Financial Repression