Earnings: Second quarter numbers for the banking industry (released on Thursday, August 29) reveal a healthier industry emerging. With an aggregate net income of $42.2 billion, this marks the sixteenth consecutive quarter that bank earnings have increased year-over-year. Only 8.2%…
Category: Jumbo Rate News (page 35)
The Difference Between Capital One & Capital One 360
That’s what the caller wanted to know. He called BauerFinancial for the rating on Capital One 360. Apparently he had called Capital One directly and was told that they had nothing to do with ING or Capital One 360. Huh?…
It Isn’t Size or Strength but Risk that Matters Most
Regulators and lawmakers, desperately trying to end (or at least end the perception of) “too big to fail” (TBTF), are at odds of how best to do so. The conversation seems to be moving forward, or is it really just…
Is This the New Face of the Fed?
President Obama is not expected to announce his nominee to replace Ben Bernanke when his term ends in January at least for another couple of months. But that doesn’t stop us from speculating. And while there is no shortage of…
Bauer’s Adjusted CR vs. the Texas Ratio
Twenty-seven and a half years ago (January 1986) JRN started its third year with a new tool, Bauer’s Adjusted Capital Ratio. By subtracting delinquent loans and repossessed assets from both the numerator and the denominator of the leverage ratio equation,…
Opting-In Can be Costly
Since the summer of 2010, financial institutions are no longer allowed to charge overdraft fees for ATM withdrawals or debit card transactions without permission. Customers must sign an opt-in agreement for the “courtesy” of being allowed to overdraw their account…
Pritzger: Where Did You Hear That Name?
President Obama has nominated long-time supporter, prominent fundraiser, and friend, Penny Pritzger, to be Secretary of Commerce, a position that has been vacant for almost a year. If her name sounds familiar, don’t be surprised. The Pritzger family is well…
U.S. Currency, Then and Now
A newly redesigned $100 bill, originally scheduled to start circulating February 10, 2011, will finally make its debut on October 8th of this year. The new design features a number of enhanced security measures which include a 3-D security ribbon…
What’s In Bauer’s Star-Ratings? Why Should You Care?
Last week’s chart showed that a bank’s leverage capital ratio doesn’t always rise and fall proportionally with star-ratings. Often, regulatory capital ratios are not a leading indicator of a bank’s health but a lagging one. Take GulfSouth Private Bank, Destin,…
Capital Alone is an Insufficient Barometer
In various attempts to avert another banking crisis down the road, national and international regulators and lawmakers are looking at several new requirements for banks. The first and foremost consideration is capital. Capital is a very important indicator and an…