KBRA Releases First-Quarter 2023 U.S. Bank Compendium
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.
Positive
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.
05/22/2023 - 09:39 AM
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230522005466/en/
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
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
VLY Rankings
#4083 Ranked by Stock Gains
VLY Stock Data
Industry
Commercial Banking
Sector
Finance and Insurance
Tags
Finance, Regional Banks, Finance and Insurance, Commercial Banking
Country
US
City
New York
About VLY
valley national bank, the wholly-owned subsidiary of valley national bancorp (nyse:vly), provides retail and commercial banking services, cash management, consumer and commercial lending, investment alternatives, insurance and estate planning solutions through 213 locations, 254 atms, online (valleynationalbank.com), and mobile devices. as a regional bank, we offer innovative financial solutions and exceptional customer service throughout new jersey, manhattan, bronx, brooklyn, queens, long island, and florida. our goal is to assist you in achieving your financial goals with information, guidance, insight and tools. our conservative approach, designed to protect our customers, shareholders and employees, is one of our strengths, especially during uncertain economic times. we are big enough to provide the depth and breadth of resources, yet we have the ability to deliver customized solutions like a responsive, local community bank. above all, we are a bank you can trust. that’s wh