May 17, 2021 10:46 AM Eastern Daylight Time
NEW YORK -Kroll Bond Rating Agency (KBRA) releases its U.S. Bank Ratings Compendium, which compares CECL versus Non-CECL adopting banks. KBRA’s study demonstrates that CECL adoption resulted in a substantial increase in quarterly earnings volatility for CECL adopters compared with non-CECL adopting banks over a large universe of rated institutions. The Compendium also provides our latest view of the U.S. banking sector including KBRA’s updated sector outlook and analyzes the 1Q21 results of U.S. banks with KBRA long-term ratings.
The Compendium includes 1Q21 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. In addition, we provide a supplement with 190 debt issues—along with rating, amount issued, coupon, and maturity—among KBRA-rated banks.
Click here to view the report.
Related Publications
First-Quarter 2021 U.S. Bank Compendium Ratio Spreadsheet
First-Quarter 2021 U.S. Bank Compendium Bank Debt Worksheet
Podcast: Bank Compendium Insights: 1Q 2021
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.
Contacts
Ashley Phillips, Senior Director
+1 (301) 969-3185
ashley.phillips@kbra.com
Brian Ropp, Senior Director
+1 (301) 969-3244
brian.ropp@kbra.com
Bryan So, Director
+1 (646) 731-3246
bryan.so@kbra.com
Ian Jaffe, 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
Nish Kumar, Managing Director
+1 (646) 731-3372
nish.kumar@kbra.com
