KBRA Releases Second-Quarter 2022 U.S. Bank Compendium – Navigating the Sharpest Fed Tightening Cycle Since Volcker

Rhea-AI Summary

KBRA has released its latest U.S. Bank Compendium, analyzing the 2Q22 results for U.S. banks rated by KBRA amidst rising interest rates. The report discusses how banks are adjusting to these changes and potential impacts on profitability amid economic uncertainty. Key performance metrics, including credit ratios and returns on assets, are highlighted. The Compendium also provides a quarterly ESG Bulletin featuring Univest Financial Corporation (NASDAQ: UVSP) along with summaries of all publicly traded banks in KBRA's rated universe.

Positive

• U.S. Bank Compendium provides comprehensive analysis of U.S. banking sector and 2Q22 performance.
• Highlights key performance metrics such as returns on assets and credit ratios for all publicly traded U.S. banks.
• Includes insights on banks' navigation of increasing interest rates, providing valuable market outlook.

Negative

• Potential risk of diminishing returns as interest rates continue to rise, impacting overall profitability.
• Economic uncertainty may affect banks' performance metrics, creating a cautious outlook.

NEW YORK--(BUSINESS WIRE)-- KBRA releases its latest U.S. Bank Compendium, providing the latest view of the U.S. banking sector and analysis of 2Q22 results for U.S. banks with KBRA long-term ratings. This edition includes insights on how the industry is navigating the sharp increase in interest rates so far in 2022 and the outlook for bottom-line returns. The report also examines key topics and trends that are top-of-mind, in view of the uncertain economic outlook. In addition, the Compendium includes our quarterly environmental, social, and governance (ESG) Bulletin, which features Univest Financial Corporation (NASDAQ: UVSP; KBRA Senior BHC Rating: BBB+/Stable Outlook).

The Compendium includes 2Q22 summaries on all publicly traded U.S. banks in KBRA’s rated universe, focusing on key performance and credit metrics, along with medians of key ratios. The Compendium also includes the top 10 lowest cost deposit franchises, highest reserves to loans, and largest sequential changes in return on assets, net interest margin, net charge-offs, and nonperforming asset ratios. In addition, we provide a supplement with 160 debt issues—along with rating, amount issued, coupon, and maturity—among KBRA-rated banks.

Click here to view the report.

Related Publications

• Second-Quarter 2022 U.S. Bank Compendium Ratio Spreadsheet
• Second-Quarter 2022 U.S. Bank Compendium Bank Debt Worksheet

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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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 Yates, CFA, Director

+1 (646) 731-1243

steven.yates@kbra.com

Brian Ropp, Managing Director

+1 (301) 969-3244

brian.ropp@kbra.com

Bryan So, Director

+1 (301) 969-3246

bryan.so@kbra.com

Shannon Servaes, CFA, CPA Managing Director

+1 (301) 969-3247

shannon.servaes@kbra.com

Ian Jaffe, Managing Director

+1 (646) 731-3302

ian.jaffe@kbra.com

Joe Scott, Senior Managing Director

+1 (646) 731-2438

joe.scott@kbra.com

Business Development Contact

Justin Fuller, Senior Director

+1 (646) 731-1250

justin.fuller@kbra.com

Source: KBRA

FAQ

What does the U.S. Bank Compendium report cover for 2Q22?

The report analyzes U.S. banks' performance metrics, credit ratios, and their adjustment to rising interest rates.

How is Univest Financial Corporation performing according to the latest KBRA report?

Univest Financial Corporation (NASDAQ: UVSP) is featured in the report with a BBB+/Stable Outlook rating.

What are the key insights from KBRA's latest report on U.S. banks?

The report discusses performance metrics, economic challenges, and the impact of interest rates on profitability.

What is included in the quarterly ESG Bulletin of the U.S. Bank Compendium?

The ESG Bulletin features sustainability insights and social governance practices relevant to the banking sector.