The Institutional Risk Analyst

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...

Total noncore funding at GS was over $700 billion at the end of Q1 2022 vs $321 billion for MS.

The 5-year CDS spreads for ALLY were trading 280bp over the swaps curve compared with 120bp for Citigroup (C) & 150bp for CapitalOne

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

If investors and partner banks don’t want to buy UPST loans at current market rates, then the game is over in an originate to sell model

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...

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

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

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

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?

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.

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

BAC is the worst performing bank in the top-five US commercial banks and often underperforms the average for Peer Group 1.

Citi has drifted through years of government ownership and weak leadership by the board of directors

US banks are running at income levels that are less than half of a year ago...

We have long advocated the idea of an independent mortgage bank (IMB) combining with a strong regional lender