KBRA Releases Second-Quarter 2023 U.S. Bank Compendium
The vast majority of KBRA-rated banks continue to have Stable Outlooks. We strive to produce durable long-term ratings that encompass the ability of banks to manage through more difficult economic environments. We expect most banks to be able to manage through the upcoming uncertainties with their ratings unchanged. That said, we have taken select rating actions and will continue to take rating actions on banks that significantly underperform rating expectations. Most banks will continue to adapt to the changing financial and economic landscape. In addition, there remains a compelling role for relationship-focused community and regional banks that serve local customers. These banks can continue to prudently manage risk while generating profitable operations over time.
This edition of the Compendium delves into the key topics discussed during our KBRA-Rated Banks 2Q23 Update Webinar hosted earlier this month, including the following key topics: (i) an update on deposit funding costs and resiliency; (ii) net interest margin and earnings trends/expectations; (iii) whether we are seeing signs of emerging problems in loan portfolios; (vi) capital management trends/expectations; and (v) our financial and credit outlook for the remainder of 2023. The report also examines other key topics and trends relevant to the banking sector. In addition, the Compendium includes our quarterly environmental, social, and governance (ESG) bulletin, which provides a regulatory recap and, this quarter, features Byline Bancorp, Inc. (NYSE: BY or Byline; KBRA Senior BHC Rating: BBB/Positive Outlook).
The Compendium includes 2Q23 summaries on all publicly traded
Click here to view the report.
Related Publications
- Second-Quarter 2023 U.S. Bank Compendium Ratio Spreadsheet
- Second-Quarter 2023 U.S. Bank Compendium Bank Debt Worksheet
About KBRA
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Leah Hallfors, Senior Director
+1 301-969-3242
leah.hallfors@kbra.com
John Rempe, Director
+1 301-969-3045
john.rempe@kbra.com
Steven
+1 646-731-1243
steven.yates@kbra.com
Bryan So, Director
+1 301-969-3246
bryan.so@kbra.com
Brian Ropp, Managing Director
+1 301-969-3244
brian.ropp@kbra.com
Shannon Servaes, CFA, CPA Managing Director
+1 301-969-3247
shannon.servaes@kbra.com
Ian Jaffe, Senior Managing Director
+1 646-731-3302
ian.jaffe@kbra.com
Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com
Source: KBRA