-

KBRA Releases Fourth-Quarter 2023 U.S. Bank Compendium

NEW YORK--(BUSINESS WIRE)--KBRA releases its fourth-quarter 2023 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 4Q23 results for U.S. banks with KBRA long-term ratings.

In this edition, we discuss our view that continued favorable core capital trends and maintenance of conservative liquidity profiles remain important mitigants to intensely competitive deposit markets and likely increasing credit costs. This KBRA report also examines other key topics and trends relevant to the banking sector. The Compendium includes 4Q23 summaries on all publicly traded U.S. banks in KBRA’s rated universe, focusing on key performance and credit metrics, along with medians of key ratios. The Compendium also includes the top 10 lowest cost deposit franchises, highest reserves to loans, and largest sequential changes in return on assets, net interest margin, net charge-offs, and nonperforming asset ratios. Further, we provide a supplement with 146 debt issues—along with rating, amount issued, coupon, and maturity—among KBRA-rated banks.

Click here to view the report.

Related Publications

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1003251

Contacts

Leah Hallfors, Senior Director
+1 301-969-3242
leah.hallfors@kbra.com

Bryan So, Director
+1 301-969-3246
bryan.so@kbra.com

John Rempe, Director
+1 301-969-3045
john.rempe@kbra.com

Steven Yates, Director
+1 646-731-1243
steven.yates@kbra.com

Brian Ropp, Managing Director
+1 301-969-3244
brian.ropp@kbra.com

Shannon Servaes, Managing Director
+1 301-969-3247
shannon.servaes@kbra.com

Ian Jaffe, Senior Managing Director
+1 646-731-3302
ian.jaffe@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Business Development Contact

Justin Fuller, Senior Director
+1 312-680-4163
justin.fuller@kbra.com

Kroll Bond Rating Agency, LLC

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Leah Hallfors, Senior Director
+1 301-969-3242
leah.hallfors@kbra.com

Bryan So, Director
+1 301-969-3246
bryan.so@kbra.com

John Rempe, Director
+1 301-969-3045
john.rempe@kbra.com

Steven Yates, Director
+1 646-731-1243
steven.yates@kbra.com

Brian Ropp, Managing Director
+1 301-969-3244
brian.ropp@kbra.com

Shannon Servaes, Managing Director
+1 301-969-3247
shannon.servaes@kbra.com

Ian Jaffe, Senior Managing Director
+1 646-731-3302
ian.jaffe@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Business Development Contact

Justin Fuller, Senior Director
+1 312-680-4163
justin.fuller@kbra.com

Social Media Profiles
More News From Kroll Bond Rating Agency, LLC

KBRA Assigns Preliminary Ratings to ByzFunder Asset Securitization I, LLC, Series 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes (the “Notes”) issued by ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder NY LLC (“ByzFunder,” or the “Company”) is the Sponsor, Seller, and Servicer for ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder was founded in 2019 and is headquartered in New York, NY, with an additional office in Tampa, FL. The Company is a specialty finance company that provides working capital financing...

KBRA Assigns Rating to Frontline Insurance Reciprocal Exchange

NEW YORK--(BUSINESS WIRE)--KBRA assigns a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (“FIRE” or the “Exchange”). The Outlook for the rating is Stable. Key Credit Considerations FIRE is a newly formed Florida-domiciled reciprocal insurer established to write admitted Florida residential property business, primarily homeowners and fire/dwelling coverage. The rating reflects adequate initial capitalization and manageable projected underwriting levera...

KBRA Releases Research – European Data Centre Event—KBRA Event Recap

LONDON--(BUSINESS WIRE)--KBRA releases a recap of its European Data Centre Event in London on 20 May, bringing together sector experts, investors, issuers, operators, bankers, and other market participants for an afternoon of discussions on the key themes shaping the European data centre landscape. The programme focused on how artificial intelligence (AI)-driven demand, power availability, development constraints, evolving financing approaches, and investor underwriting considerations are influ...
Back to Newsroom