KBRA Financial Intelligence

Track Bank Peers’ Cost of Funding

Banks’ core funding has been under pressure since the Federal Reserve started raising its benchmark rate in March 2022. For all U.S. banks, funding costs have jumped an average of 139 basis points (bps) to 1.69% since Q1 2022, according to data compiled by KBRA Financial Intelligence (KFI). The largest lenders (more than $50 billion in assets) saw the biggest jump at 242 bps to 2.61% in Q3 2023, while community lenders (less than $10 billion in assets) had the smallest increase at 136 bps to 1.67%.

See which lenders are managing the higher cost of capital below their peers’ averages. Subscribers can analyze bank funding costs by using Data ID: KCALLTDEPC in Excel.

See the top 30 banks with the largest increase in funding costs by asset size.