In spite of increases in loan balances, both from first quarter and from a year ago, total assets at the nation’s banks declined in the second quarter 2022. (Source: FDIC Quarterly Banking Profile (QBP).) This marks the first quarterly drop…
Category: Bank Star Ratings
All New Bank Star-Ratings this Week
All bank star-ratings have now been updated in Jumbo Rate News and on our website. As a result, a number of banks changed categories in the newsletter and, more importantly, several banks have been dropped from our rate pages based…
Banks Prepare for Economic Downturn
Coral Gables, Florida, June 22, 2022: BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, reports that net income at our nation’s banks dropped over 22% from a year ago. This, as banks find the need to bulk…
Newly Released Bank Star-Ratings and Data
The percent of recommended banks (rated 5-Stars or 4-Stars) remained virtually unchanged between Q4’2021 and Q1’2022. However, banks earning Bauer’s top rating (5-Stars) are at their lowest level since 2018. Problematic banks (rated 2-Stars or below) while still low (1.05%…
All New Bank Star-Ratings Now Available
Pandemic impacts are subsiding but geopolitical strains are rising. It’s a good thing Bauer projects negative trends forward when assigning its star-ratings. The FDIC’s acting chairman, Martin Gruenburg, has even voiced concerns about the future. When remarking Tuesday on how…
’Tis the Season for Scammers
It is the Holiday Season and for most of us that means spending time with family and friends. But for others, it means finding new ways to take advantage of unsuspecting victims. Since the beginning of the pandemic, “alleged” cyber-fraud…
New Historical Bank Report Generator
Coral Gables, Florida, October 27, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, is excited to add to its extensive line of bank report products. For the first time, and available for immediate…
Credit Loss Expectations Brighten
Coral Gables, Florida, June 16, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, is pleased to report that the majority of U.S. banks have been able to reverse loan loss provisions as the…
All Bank Ratings Now as of March 31, 2021 Data
The U.S. banking industry has readjusted its expectations of future credit losses, for the better. That was evident in the FDIC’s Quarterly Banking Profile (QBP) for March 31, 2021 data, which shows an aggregate negative provision expense of $14.5 billion.…
Nation’s Banks, CUs Standing Strong, So Far
Coral Gables, Florida, March 17, 2021 Coral Gables, FL: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, remains cautiously optimistic about the condition of our nation’s banks and credit unions. Net income was down in 2020 as…