The Institutional Risk Analyst

There are virtually no conventional lenders in the US today that are profitable when the sell a loan into the secondary market.

Just imagine how global markets will react when Putin deploys tactical nuclear weapons in Eastern Ukraine to avoid a military defeat

Simply stated, Morgan Stanley has a much more diverse and sustainable business model than Goldman Sachs...

Will Fed Chairman Jay Powell fold in terms of further rate hikes if the S&P 500 falls 1,000 points in a day?

Valuations for the top five US banks are up slightly as Q1 2022 comes to an end

If the Fed causes another liquidity crisis as it ends QE and shrinks the balance sheet, then Chairman Powell should immediately resign.

There a brisk debate ongoing in the fixed income markets over how much the Federal Open Market Committee will raise interest rates and when

Why did FOA write down $1.4 billion in intangible equity, yet UWM took no similar write down?

We add a new dimension of risk to the normalization of US bank earnings with the Russian war against Ukraine.

The imposition of sanctions on Russia is not as comprehensive as some press reports suggest.

SI’s management team is taking advantage of the narrative in Washington, which is that stable coins will be a bank only product

Among the ten largest mortgage specialization banks, NexBank had among the best equity returns in Q3 2021

Why does this bank exist? What market does it serve and how will it grow in the future?

Bottom line, when a bank seems to be doing much better than other banks, there is usually a reason and that reason is almost always bad

In the short-run rising interest rates and spreads will help bank earnings. But where is the next credit hot spot?

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