The Institutional Risk Analyst

If you believe that the Fed is going to keep interest rates at or above current levels through to 2024, then we have a problem....

The funding crisis affecting US banks is not over and very definitely not limited to smaller banks.

Given that the US Treasury is paying 4% for 90-day T-bills, you can see how far banks have to go to become competitive on rates

The Fed by definition cannot make a profit and is always an expense to the Treasury, thus operating losses are a expense to the taxpayer

We recently added Western Alliance (WAL) and GHLD to our portfolio

Ally is still more finance company than bank and really has no core deposit base worthy of the name.

We hear in the channel that regulators are making their views of future loss probabilities very clear in guidance to the top banks

Little attention is being paid to the collateral damage being done by the FOMC to the debt capital markets

How will this above-peer performer from Little Rock do in a Fed-induced recession that rivals 2008 in terms of market losses?

A number of readers have asked us to talk about the winners and losers among large banks in the current interest rate environment.

Investors who were buying large caps at 2x book value a year ago are now running away from bank stocks just as fundamentals improve...

The good news for BAC and other banks is that there is a discernable lift underway on the yield of bank balance sheets

In times of market volatility and suddenly ended delusions of easy money, the prudent path is to fly to quality.

Most of the banks in our surveillance group are down between 10% and 30% so far this year, but none of these are particularly cheap as yet

Even as the FOMC raises interest rates, we caution our readers to be prepared for disappointment from banks near term

The sharp rise in bank stocks in 2021 coincided with a surge in operating income due to COVID. Now we reverse that trend in 2022...

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

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

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