Top Five US Banks: USB, JPM, WFC, C & BAC
Valuations for the top five US banks are up slightly as Q1 2022 comes to an end
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The Institutional Risk Analyst
© 2003-2024 | Whalen Global Advisors LLC All Rights Reserved in All Media | ISSN 2692-1812
Banks | Markets | Finance
R. Christopher Whalen
Jan 27, 20226 min read
Profile: Citigroup (C)
Why does this bank exist? What market does it serve and how will it grow in the future?
276 views
R. Christopher Whalen
Jan 12, 20228 min read
Q4 Earnings | Big Banks & QE
In the short-run rising interest rates and spreads will help bank earnings. But where is the next credit hot spot?
668 views
R. Christopher Whalen
Jan 4, 20226 min read
Mortgage Crises Yesterday and Today
As we move into Q4 2021 earnings, keep your eyes peeled for news of restructuring of urban commercial commercial and multifamily properties
787 views
R. Christopher Whalen
Sep 20, 202111 min read
The IRA Bank Book | Q3 2021
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.
365 views
R. Christopher Whalen
Sep 9, 20216 min read
The IRA Top Ten Financials
Which US financial will best weather the coming equity market correction?
390 views
R. Christopher Whalen
Aug 27, 20219 min read
Profile: PNC v U.S. Bancorp v Truist Financial
U.S. Bancorp, PNC and Truist Financial hold great value creation potential. But which is likely to realize this potential?
409 views
R. Christopher Whalen
Jul 23, 20215 min read
Profile: Bank of America (BAC)
BAC is the worst performing bank in the top-five US commercial banks and often underperforms the average for Peer Group 1.
317 views
R. Christopher Whalen
May 4, 20216 min read
Profile: NYCB + Flagstar Bancorp
The combination of New York Community Bank and Flagstar creates an $85 billion bank with a national mortgage business
547 views
R. Christopher Whalen
Apr 12, 20216 min read
Forbearance, Shrinking NIM & Prepayments Menace US Financials
Simply stated, US banks are twice as expensive as they were a year ago looking at earnings and assets....
886 views
R. Christopher Whalen
Apr 5, 202113 min read
Update: Commercial, Residential Loans & MSRs
We continue to believe that issuers and funds should be accumulating conventional servicing. Rates bottomed in February...
418 views
R. Christopher Whalen
Mar 25, 20217 min read
Update: Q1 2021 Bank Earnings
US banks are running at income levels that are less than half of a year ago...
316 views
R. Christopher Whalen
Feb 3, 20216 min read
Profile: Bank OZK -- It's All About the NIM
Significantly, OZK predicts shrinking CRE loan volumes in 2021....
455 views
R. Christopher Whalen
Jan 29, 20218 min read
Update: Commercial & Residential Real Estate, MSRs
Most of midtown Manhattan’s offices and other structures are unused. Commuter volumes are 10% of pre-COVID levels.
794 views
R. Christopher Whalen
Jan 17, 20215 min read
Q4 Earnings Update: JPM, Citi & WFC
Unless the FOMC relents and eases up on its massive purchases of Treasury securities and MBS, bank earnings are likely to decline further
301 views
R. Christopher Whalen
Jan 4, 202110 min read
Profile: Bank of America
We think that a strong case can be made that to enhance shareholder value, Moynihan and the BAC board ought to spin-off Merrill Lynch...
500 views
R. Christopher Whalen
Dec 28, 20208 min read
Outlook 2021: Financials & Credit Markets
New issue volumes in all of the major securities asset classes other than Treasury debt are trending lower as 2021 begins....
769 views
R. Christopher Whalen
Nov 27, 20204 min read
The Myth of GSE Release
The prospective ejection of the GSEs, Fannie Mae and Freddie Mac, from government control seems finally to be dead for the next four years.
1,450 views
R. Christopher Whalen
Nov 23, 20207 min read
Nonbank Update: PennyMac Financial Services
There is no actual disclosure from PSFI as to exactly how much of the firm’s default advances are being financed with bondholder funds
549 views
R. Christopher Whalen
Nov 12, 20207 min read
Nonbank Update: Rocket Companies
Because of forward liquidity and credit concerns, the window for IMBs to tap the public equity markets appears to have closed for now
554 views
Christopher Whalen
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