The Institutional Risk Analyst

Citigroup leads the pack with a net loss rate of 133 basis points (bp) that is almost five times the average for Peer Group 1 at 27 bp.

BMO arguably has the weakest reserve position among the large Canadian banks....

How much in synthetic CRT transactions will be done in 2024? Our best guess is many hundreds of billions globally...

We remind readers that unrealized losses on securities are still a bigger problem for banks than CRE.

Direct lenders are the pawnbrokers of the 21st Century for subprime commercial borrowers, usually firms financed via leveraged buyouts.

The unrealized losses on COVID era securities remain a huge problem for banks large and small, especially if long-term interest rates rise

With a budget deficit projected to be $1.8 trillion in 2024, the odds of the FOMC actually controlling inflation are pretty low. 

When NYC is forced to recognize reality, it will already be too late to avoid another fiscal crisis.

Citi is a subprime lender. They should be directly involved in government lending.

Big banks have big CRE exposures, too. So what drives this marvelous progression up the wall of worry?

Are there bank bargains down in the cellar waiting to be discovered?

If the run-of-the-mill Republic First interest rate mark is 13.3% of assets that is not just wiping out one bank’s 8% capital but also FDIC

Our Bank Top 10 and Top 25 indices continue to outperform the industry benchmarks, but the broader samples show growing financial stress

The yield on BAC's $320 billion commercial and industrial (C&I) book was just 5.4% or more than 150bp below peer at year-end 2023.

BAC is in big trouble, not due to credit but because of sub-par asset returns. BAC’s return on assets has fallen to just 0.8% in Q1 2024

The fixation with the idea of resolving large zombie banks without public expense is evidence of our collective delusion. 

You take the GSEs out of conservatorship, the big banks led by JPMorgan and U.S. Bancorp will own the conventional loan market

Only in the strange confines of Washington do you still find people who think that the federal budget deficit is not a problem.

BK and Vanguard are above the 4.9% legal limit on ownership of voting shares of a bank. This fact gives the FDIC et al the power...

Based upon the three-month returns through the end of Q1 2024, NYCB ranked at the bottom of the 108 public banks in Peer Group 1.