KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 1Q23 results for U.S. banks with KBRA long-term ratings. In this edition, we discuss the U.S. banking industry landscape in the aftermath of March events and our views on commercial real estate. The report also examines other key topics and trends relevant to the banking sector. In addition, the Compendium includes our quarterly environmental, social, and governance (ESG) bulletin, which features New Jersey-based Valley National Bancorp (NASDAQ: VLY or Valley; KBRA Senior BHC Rating: BBB+/Stable Outlook).

The Compendium includes 1Q23 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 152 debt issues—along with rating, amount issued, coupon, and maturity—among KBRA-rated banks.

Click here to view the report.

Related Publications

• First-Quarter 2023 U.S. Bank Compendium Ratio Spreadsheet

• First-Quarter 2023 U.S. Bank Compendium Bank Debt Worksheet

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.

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