KBRA Financial Intelligence

News & Research

KFI: Bank and Credit Union Risk Platform for Peer Benchmarking

MAY 17, 2024, 5:10 PM UTC

By KFI Staff

An overview of KBRA Financial Intelligence (KFI): A bank and credit union risk platform for peer benchmarking.

3 Things in Credit: Inflation break, Two economies, and Vanishing excess savings

MAY 17, 2024, 5:00 PM UTC

By Van Hesser

Jamie Dimon dismisses Goldilocks as "happy talk." 3 Things doesn't fall prey to that. This week we sift through the inflation data, take stock of our Two Economies, and notice that $2.1 trillion of savings is gone.

Bank KFI Score Trends Q1 2024

MAY 17, 2024, 4:00 PM UTC

By KFI Staff

Bank KFI Scores fell in 1Q 2024, with declines outpacing increases.

3 Things in Credit: Credit card losses, Bank risk appetite, Private credit’s middle market trends

MAY 11, 2024, 6:00 PM UTC

By Van Hesser

Wondering how middle market borrowers in private credit are doing? We've got some data that the market has found interesting. Have a look/listen.

1Q 2024 KFI Bank Scores Released

MAY 10, 2024, 5:00 PM UTC

By KFI Staff

Financial health scores released for 4,500+ banks.

1Q24 Bank Snapshot for Largest, Regional and Community Banks

MAY 7, 2024, 3:00 PM UTC

By KFI Staff

KFI's Snapshot report compares lenders across five financial metrics.

3 Things in Credit: Good things fading, Bankruptcy trends, and Thresholds that shift sentiment

MAY 3, 2024, 4:00 PM UTC

By Van Hesser

What data thresholds shift sentiment when crossed? We list the ones we watch in today's 3 Three Things.

Banks With Highest Market Volatility Scores

MAY 2, 2024, 5:00 PM UTC

By KFI Staff

KFI’s Market Volatility Scores Can Identity Banks With Heightened Liquidity Risk

First Bank Failure of 2024

APR 29, 2024, 6:00 PM UTC

By KFI Staff

In the April edition of KFI Insights, we cover the failure of Republic First, Van's view on Big Bank Earnings and recent M&A transactions.

3 Things in Credit: Big bank color, Net worth surge, and Treasury volatility

APR 19, 2024, 5:00 PM UTC

By Van Hesser

Jay Powell tells us the economy's strong, so why is that bad news? It's not been for the big banks, where actual loan losses--and the outlook--remain relatively benign.

Banks with High Concentrations of Uninsured Deposits and Commercial Real Estate

APR 18, 2024, 6:00 PM UTC

By KFI Staff

Banks reporting above-average exposure to fast-moving deposits and CRE

Credit Card Delinquencies at 12-Year High in Q4

APR 18, 2024, 5:00 PM UTC

By KFI Staff

The largest credit card lenders and their delinquency rates.

3 Things in Credit: Hot CPI, Earnings season, and Event risk

APR 12, 2024, 4:00 PM UTC

By Van Hesser

What to make of that CPI print? Beware of the kneejerk reaction. Here's what we think it means for credit.

Credit Union Subordinated Debt Approaches $4 Billion

APR 11, 2024, 5:00 PM UTC

By KFI Staff

Credit union debt reached a new record after changes to regulatory rules made it easier for the lenders to tap the market.

3 Things in Credit: Small business signals, Single-B spreads, and Apparel company guidance

APR 5, 2024, 5:00 PM UTC

By Van Hesser

On yet another hot jobs report day, we highlight color from small businesses and apparel companies that provides a counterpoint to that "no landing" scenario.

Earnings Across the Big Four U.S. Banks

APR 1, 2024, 1:00 PM UTC

By KFI Staff

Sankey charts of the big four banks' income statements.

CRE Delinquency Rate Climbs to 10-Year High at Biggest Banks

MAR 25, 2024, 12:30 PM UTC

By KFI Staff

The March 2024 edition of KFI Insights covers increasing CRE stress, introduces MVS Scores and highlights recent M&A deals

3 Things in Credit: Economic slack, Equity euphoria, and Consumer lenders

MAR 22, 2024, 5:00 PM UTC

By Van Hesser

So the Fed's latest forecast has gone full-on no landing. This week, we pick up on signals in the economic data, as well as the equity market that suggest something a bit softer. Let us know what you think.

Largest U.S. Banks by Total Assets, Q4 2023

MAR 21, 2024, 3:00 PM UTC

By KFI Staff

The biggest U.S. banks ranked by total assets, according to GAAP data.

3 Things in Credit: U.S. Exceptionalism, C-Suite confidence, and Banks, a year later

MAR 15, 2024, 4:00 PM UTC

By Van Hesser

What's behind U.S. exceptionalism? We have a look amidst this "everything boom."

Benchmark Credit Unions with KFI

MAR 14, 2024, 4:30 PM UTC

By KFI Staff

Analyze all U.S. credit unions, leveraging Call Report data and KFI Scores.

New York Community Bank Tear Sheet for Flagstar, Q4 2023

MAR 13, 2024, 4:01 PM UTC

By KFI Staff

KFI's quarterly snapshot report provides a high-level view of the financial condition of NYCB's main subsidiary, Flagstar.

3 Things in Credit: Powell’s dilemma, FICO rolls over, and Direct lending update.

MAR 8, 2024, 4:00 PM UTC

By Van Hesser

Yet another risk-on week! Jay Powell's job is not getting any easier. This week, we delve into his decision to cut or not to cut. And our default specialist Eric Rosenthal updates his views on both default and recovery rates. Happy listening!

3 Things in Credit: Commodities downdraft, Financial conditions, and Choiceful consumers

MAR 1, 2024, 4:00 PM UTC

By Van Hesser

Lots of euphoria talk out there in equities, that hasn't exactly passed through into credit markets. Why is that? Check out the latest 3 Things for some answers.

Bank KFI Scores Stabilize After Declines; Brokered Deposits Hit Record

FEB 27, 2024, 3:00 PM UTC

By KFI Staff

The February edition of KFI Insights dives into the latest KFI Scores, growth of brokered deposits and snapshot reports

3 Things in Credit: Copy of Bank CRE risk, Slowdown earnings, Private credit borrowers

FEB 23, 2024, 3:30 PM UTC

By Van Hesser

I know, I know, it's NVIDIA's week (and that certainly did not hurt credit markets). Only slightly less topical is bank commercial real estate risk, a slowing economy, and private credit borrowers.

Track Bank Loan Delinquencies With KFI’s Instant Analysis

FEB 16, 2024, 6:00 PM UTC

By KFI Staff

Determine which lenders are reporting an increase in nonperforming loans.

3 Things in Credit: Strong technicals, Market volatility, and Hot vs. Cold data

FEB 16, 2024, 3:30 PM UTC

By Van Hesser

Van digs into tighter spreads, a volatile equity market and the still expected soft landing.

3 Things in Credit: Credit card delinquencies, the SLOOS, and Barkin wisdom

FEB 9, 2024, 4:00 PM UTC

By Van Hesser

This was the week when the S&P crossed 5,000. Yet, credit card delinquencies are on the rise, bankers are still tightening, and the Fed reminds us that we are still not out of the woods.

4Q23 Bank Snapshot for Large, Regional and Community Banks

FEB 6, 2024, 11:00 AM UTC

By KFI Staff

KFI's bank snapshot analyzes the biggest lenders across five financial metrics

3 Things in Credit: New York Community Bank, Nonbanks and IMF’s Forecast

FEB 2, 2024, 4:00 PM UTC

By Van Hesser

Another eventful week in markets, who would have thought New York Community Bank would be so impactful?

Van’s View on Bank Earnings, Liquidity Rule Proposal, and Recent M&A

JAN 26, 2024, 6:00 PM UTC

By KFI Staff

KFI's January edition covers first quarter earnings, potential rules to prevent another bank run and recent M&A.

3 Things in Credit: Strong GDP, Narrowness, and Earnings Warnings

JAN 26, 2024, 4:00 PM UTC

By Van Hesser

Don’t fight the tape. Words of wisdom, for sure, and we seem to be caught up in one of those moments where that advice is well taken. Don’t fight the tape.

96% of Bank Failures From 2010 Through 2023 Had KFI Scores of D or Lower

JAN 22, 2024, 1:00 PM UTC

By KFI Staff

KFI Score Bank Failure History

3 Things in Credit: Soft Landing, Big Bank Color, and Private Credit Maturity Wall

JAN 19, 2024, 4:00 PM UTC

By Van Hesser

We start with economic growth. By definition, that means we are in the 50% of market strategists that see no recession.

3 Things in Credit: Problem Loans, Geopolitics, and Default Forecast

JAN 12, 2024, 4:00 PM UTC

By Van Hesser

By the time you hear this, you will have seen and heard about Q4 earnings from J.P. Morgan Chase and hashtag#Bank of America. Both, obviously, great proxies for the broad economy—how consumers are doing, how businesses are doing, how they’ve done.

Track Bank Peers’ Cost of Funding

JAN 11, 2024, 3:30 PM UTC

By KFI Staff

See which lenders are reporting bigger jumps in their costs of funds relative to peers

3 Things in Credit: Banks, Sentiment Split, and Financial Conditions

JAN 5, 2024, 4:00 PM UTC

By Van Hesser

We discuss how the banks are alright, dig into recession calls and examine how loose financial conditions are.

2023 by the Numbers

DEC 21, 2023, 6:00 PM UTC

By KFI Staff

December's KFI Insights highlights some key numbers throughout the year, our KFI product upgrades, recent M&A deals, and Van Hesser’s latest 3 Things in Credit.

Q3 NIM Movers Among Largest Lenders to Community Banks

DEC 7, 2023, 2:00 PM UTC

By KFI Staff

View the top 15 banks by Q3 net interest margin (NIM) expansion and compression across bank asset size.

KFI Score Scale

DEC 1, 2023, 4:00 AM UTC

By KFI Staff

A list of KFI Score definitions.

CRE Stress Climbs at Largest Banks

NOV 30, 2023, 6:00 PM UTC

By KFI Staff

The November edition covers climbing CRE Stress, KFI Score moves, and recent M&A.

Q3 2023 Bank KFI Scores Tick Lower

NOV 21, 2023, 7:00 PM UTC

By KFI Staff

Trends in Q3 2023 bank KFI Scores

Q3 2023 Bank Snapshot for the Large, Regional and Community Lenders

NOV 7, 2023, 5:00 PM UTC

By KFI Staff

The analysis compares banks across five financial metrics

Iowa Bank Shuttered, Becoming Fifth Failure This Year

NOV 6, 2023, 7:00 PM UTC

By KFI Staff

A small community lender in Iowa was shuttered by regulators on November 3, marking the fifth bank failure this year.

Small Credit Unions Decline, Higher for Longer, M&A Deals

OCT 27, 2023, 5:00 PM UTC

By KFI Staff

The October edition of KFI Insights covers the decline in membership at small credit unions, the effect of higher interest rates and recent M&A.

$1 Trillion Credit Card Debt in Focus

OCT 13, 2023, 12:01 PM UTC

By KFI Staff

The U.S. consumer is showing signs of stress with credit card balances reaching a record $1.03 trillion in Q2 2023.

U.S. Bank Deposits Drop by $870 Billion

OCT 6, 2023, 3:00 PM UTC

By KFI Staff

Bank deposits fell about $870 billion on a year-over-year basis for the first time in records going back to 1994

Q2 2023 Brokered Deposits Jump

SEP 18, 2023, 6:00 PM UTC

By KFI Staff

The September 2023 KFI Insights delves into the growth of brokered deposits, recent M&A and the bank snapshot report.

Q2 2023 Bank KFI Scores Trend Lower

SEP 11, 2023, 1:03 PM UTC

By KFI Staff

KFI Bank Scores were down in Q2 2023 on declining asset quality and increased funding costs

KFI's Q2 2023 Bank Snapshot

SEP 6, 2023, 1:00 PM UTC

By KFI Staff

KBRA Financial Intelligence (KFI) releases a peer snapshot for the top 30 banks by asset category for Q2 2023.

U.S. Banks Exceeding CRE Regulatory Guidelines Wane in Second Quarter

AUG 14, 2023, 4:00 PM UTC

By KFI Staff

The August 2023 KFI Insights examines CRE exposure, recent M&A and Van's 3 Things in Credit.

Kansas Bank Collapse Becomes Fourth Bank Failure This Year

AUG 1, 2023, 3:32 PM UTC

By KFI Staff

A small community bank in Kansas failed on July 28, becoming the fourth lender this year to be taken over by regulators.

Slow First Half for Bank M&A Following Lender Failures

JUL 17, 2023, 3:00 PM UTC

By KFI Staff

The July 2023 KFI Insights discusses the slow start to M&A, potential new capital rules, and KFI upgrades.

Midwestern Bank Scores Fall the Most on Declining Asset Quality

JUN 16, 2023, 2:00 PM UTC

By KFI Staff

The June 2023 KFI Insights delves into KFI Score trends, future Fed hikes and first quarter earnings review.

1Q23 KFI Scores Show Broad Decline in Bank Grades

JUN 9, 2023, 2:00 PM UTC

By KFI Staff

KFI Scores broadly fell in 1Q23 to the lowest aggregate level in two years, with 858 total downgrades outpacing 488 upgrades.

CRE Delinquency Rates Muted Among Community Banks; Highest for Largest Lenders

MAY 25, 2023, 2:30 PM UTC

By KFI Staff

The commercial real estate (CRE) crunch widely discussed to hit small and regional banks is so far having a bigger impact on the largest lenders, according to a KBRA Financial Intelligence (KFI) analysis of all U.S. banks.

Bank Fallout; Fed Raises Rates, Signals Pause

MAY 5, 2023, 6:00 PM UTC

By KFI Staff

The May 2023 KFI Insights covers the bank fallout, Fed hikes and potential FDIC insurance expansion.

JPMorgan’s Takeover of First Republic

MAY 2, 2023, 3:00 PM UTC

By KFI Staff

Analysis of JPMorgan's takeover of First Republic Bank, the second-largest bank failure in U.S. history.

CRE Bank Stress, Ethan’s Take on Bank Supervision and Crisis Timeline

APR 4, 2023, 3:00 PM UTC

By KFI Staff

The April 2023 KFI Insights covers the rise in CRE Bank Stress, the fallout from bank failures and how a bank run started the biggest financial crisis in 15 years.

First Republic’s Profitability Metrics Lagged Peers Before Market Selloff

MAR 24, 2023, 5:00 PM UTC

By KFI Staff

Before announcing a $30 billion capital infusion last week, First Republic Bank lagged peers in profitability metrics.

Signature, Silicon Valley & Silvergate Banks Held More Than 95% of Deposits in Their Home State

MAR 23, 2023, 5:00 PM UTC

By KFI Staff

The collapse of the three regional banks highlights the risks of lenders holding large concentrations of deposits.

Identify Bank Risk with Uninsured Deposits Using KFI

MAR 16, 2023, 4:00 PM UTC

By KFI Staff

A KFI analysis found that 47 lenders had 75% or more of uninsured deposits.

Banking M&A Remains Muted; Executives Optimistic In 2023

MAR 3, 2023, 3:00 PM UTC

By KFI Staff

The March 2023 KFI Insights digs into the slow start to M&A, recent research and Van's 3 Things in Credit.

Slow Start to the Year for Banking M&A

JAN 30, 2023, 3:00 PM UTC

By KFI Staff

Inaugural Issue of KFI Insights highlights challenges in bank M&A

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