Commence a bank run of epic proportions of the biggest regional banks, starting with this list:
Bank Ticker City AOCI ($mil) Total equity capital ($mil) AOCI/ TEC-- AOCI Total assets ($mil)
Customers Bancorp Inc. CUBI West Reading, Pa. -$163 $1,403 -10.4% $20,896
First Republic Bank FRC San Francisco -$331 $17,446 -1.9% $213,358
Sandy Spring Bancorp Inc. SASR Olney, Md. -$132 $1,484 -8.2% $13,833
New York Community Bancorp Inc. NYCB Hicksville, N.Y. -$620 $8,824 -6.6% $90,616
First Foundation Inc. FFWM Dallas -$12 $1,134 -1.0% $13,014
Ally Financial Inc. ALLY Detroit -$4,059 $12,859 -24.0% $191,826
Dime Community Bancshares Inc. DCOM Hauppauge, N.Y. -$94 $1,170 -7.5% $13,228
Pacific Premier Bancorp Inc. PPBI Irvine, Calif. -$265 $2,798 -8.7% $21,729
Prosperity Bancshare Inc. PB Houston -$3 $6,699 -0.1% $37,751
Columbia Financial, Inc. CLBK Fair Lawn, N.J. -$179 $1,054 -14.5% $10,408
SVB Financial Group SIVB Santa Clara, Calif. -$1,911 $16,295 -10.5% $211,793
Source: FactSet
Bank Ticker City AOCI ($mil) Total equity capital ($mil) AOCI/ (TEC -- AOCI) Total assets ($mil)
Comerica Inc. CMA Dallas -$3,742 $5,181 -41.9% $85,406
Zions Bancorporation N.A. ZION Salt Lake City -$3,112 $4,893 -38.9% $89,545
Popular Inc. BPOP San Juan, Puerto Rico -$2,525 $4,093 -38.2% $67,638
KeyCorp KEY Cleveland -$6,295 $13,454 -31.9% $189,813
Community Bank System Inc. CBU DeWitt, N.Y. -$686 $1,555 -30.6% $15,911
Commerce Bancshares Inc. CBSH Kansas City, Mo. -$1,087 $2,482 -30.5% $31,876
Cullen/Frost Bankers Inc. CFR San Antonio -$1,348 $3,137 -30.1% $52,892
First Financial Bankshares Inc. FFIN Abilene, Texas -$535 $1,266 -29.7% $12,974
Eastern Bankshares Inc. EBC Boston -$923 $2,472 -27.2% $22,686
Heartland Financial USA Inc. HTLF Denver -$620 $1,735 -26.3% $20,244
First Bancorp FBNC Southern Pines, N.C. -$342 $1,032 -24.9% $10,644
Silvergate Capital Corp. Class A SI La Jolla, Calif. -$199 $603 -24.8% $11,356
Bank of Hawaii Corp BOH Honolulu -$435 $1,317 -24.8% $23,607
Synovus Financial Corp. SNV Columbus, Ga. -$1,442 $4,476 -24.4% $59,911
(MORE TO FOLLOW) Dow Jones Newswires
If :
AND
THEN
Commence a bank run of epic proportions of the biggest regional banks, starting with this list:
Bank Ticker City AOCI ($mil) Total equity capital ($mil) AOCI/ TEC-- AOCI Total assets ($mil) Customers Bancorp Inc. CUBI West Reading, Pa. -$163 $1,403 -10.4% $20,896 First Republic Bank FRC San Francisco -$331 $17,446 -1.9% $213,358 Sandy Spring Bancorp Inc. SASR Olney, Md. -$132 $1,484 -8.2% $13,833 New York Community Bancorp Inc. NYCB Hicksville, N.Y. -$620 $8,824 -6.6% $90,616 First Foundation Inc. FFWM Dallas -$12 $1,134 -1.0% $13,014 Ally Financial Inc. ALLY Detroit -$4,059 $12,859 -24.0% $191,826 Dime Community Bancshares Inc. DCOM Hauppauge, N.Y. -$94 $1,170 -7.5% $13,228 Pacific Premier Bancorp Inc. PPBI Irvine, Calif. -$265 $2,798 -8.7% $21,729 Prosperity Bancshare Inc. PB Houston -$3 $6,699 -0.1% $37,751 Columbia Financial, Inc. CLBK Fair Lawn, N.J. -$179 $1,054 -14.5% $10,408 SVB Financial Group SIVB Santa Clara, Calif. -$1,911 $16,295 -10.5% $211,793 Source: FactSet
Bank Ticker City AOCI ($mil) Total equity capital ($mil) AOCI/ (TEC -- AOCI) Total assets ($mil) Comerica Inc. CMA Dallas -$3,742 $5,181 -41.9% $85,406 Zions Bancorporation N.A. ZION Salt Lake City -$3,112 $4,893 -38.9% $89,545 Popular Inc. BPOP San Juan, Puerto Rico -$2,525 $4,093 -38.2% $67,638 KeyCorp KEY Cleveland -$6,295 $13,454 -31.9% $189,813 Community Bank System Inc. CBU DeWitt, N.Y. -$686 $1,555 -30.6% $15,911 Commerce Bancshares Inc. CBSH Kansas City, Mo. -$1,087 $2,482 -30.5% $31,876 Cullen/Frost Bankers Inc. CFR San Antonio -$1,348 $3,137 -30.1% $52,892 First Financial Bankshares Inc. FFIN Abilene, Texas -$535 $1,266 -29.7% $12,974 Eastern Bankshares Inc. EBC Boston -$923 $2,472 -27.2% $22,686 Heartland Financial USA Inc. HTLF Denver -$620 $1,735 -26.3% $20,244 First Bancorp FBNC Southern Pines, N.C. -$342 $1,032 -24.9% $10,644 Silvergate Capital Corp. Class A SI La Jolla, Calif. -$199 $603 -24.8% $11,356 Bank of Hawaii Corp BOH Honolulu -$435 $1,317 -24.8% $23,607 Synovus Financial Corp. SNV Columbus, Ga. -$1,442 $4,476 -24.4% $59,911 (MORE TO FOLLOW) Dow Jones Newswires
03-10-23 1516ET
Brings up another good point- some of these banks have huge amortized losses. Wow look at ALLY. Car loans in general are a powder keg