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KBRA Releases First-Quarter 2023 U.S. Bank Compendium

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KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing analysis of 1Q23 results for U.S. banks. The report includes key performance and credit metrics, as well as environmental, social, and governance (ESG) bulletin. It also highlights the top 10 lowest cost deposit franchises and highest reserves to loans.
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  • The report provides analysis of 1Q23 results for U.S. banks, giving investors insights into the industry's performance.
  • The Compendium includes key performance and credit metrics, allowing investors to evaluate the financial health of U.S. banks.
  • The top 10 lowest cost deposit franchises and highest reserves to loans are highlighted, indicating potential strengths in certain banks.
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NEW YORK--(BUSINESS WIRE)-- KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 1Q23 results for U.S. banks with KBRA long-term ratings. In this edition, we discuss the U.S. banking industry landscape in the aftermath of March events and our views on commercial real estate. 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 features New Jersey-based Valley National Bancorp (NASDAQ: VLY or Valley; KBRA Senior BHC Rating: BBB+/Stable Outlook).

The Compendium includes 1Q23 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. Further, we provide a supplement with 152 debt issues—along with rating, amount issued, coupon, and maturity—among KBRA-rated banks.

Click here to view the report.

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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.

Leah Hallfors, Senior Director

+1 (301) 969-3242

leah.hallfors@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

FAQ

What does the first-quarter 2023 U.S. Bank Compendium provide?

The Compendium provides analysis of 1Q23 results for U.S. banks, including key performance and credit metrics.

What are the highlights of the Compendium?

The Compendium highlights the top 10 lowest cost deposit franchises and highest reserves to loans.

Why is the Compendium important for investors?

The Compendium allows investors to evaluate the financial health of U.S. banks and gain insights into the industry's performance.

Valley National Bancorp

NASDAQ:VLY

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