New Bank Data and Star-Ratings
All bank star-ratings have now been updated to reflect March 31, 2025 financial data. The good news was that industry net income was a healthy $70.6 billion. However, the percent of noncurrent loans (90 days or more past due) increased…
More than 27,000 Bankers Lost Their Jobs in 2024
After several years of losing employees by way of a slow taper, the banking industry hired robustly during and after the COVID shutdown. By 2023, the industry was ready to shed some of those new hires, and it did so.…
Commercial Loans and the “R” Word
The dreaded “R” word – Recession – has been making its way into more conversations lately. We are not prepared to say that a recession is imminent, or is even coming, but we like to be ready for any circumstance…