What's Everyone Looking At, Lately?

[Kingran]

Post Stress test updated list…

The oncoming bank buyback

Now that the stress test is completed, which gives clarity to the capital situation and what is available for the banks to pay dividend and do buybacks, here is an estimate from Wells Fargo research. This table shows how much capital is available to the banks, if they choose to do buybacks. Still many regional banks may chose to preserve capital for M&A, recession, growing business, etc. Many regional banks are looking good. I haven’t looked at it, I might buy some bank preferred’s that yie…

Regional Banks: Random thoughts

One of the interesting facts/ data to emerge from the stress test is the the cumulative loss expectations for banks on CRE is flat y-o-y. This is significant, it means the banks are addressing the CRE exposure risk. You could see that reflected in almost 3%+ move in KRE since.