In the first quarter of 2020, total brokered deposits with CUSIPs less than $250,000 decreased to $405 billion from $443 billion the previous quarter. However, the number of banks with these brokered CDs that are ranked below investment grade by IDC Financial Publishing (IDCFP), rose to 39 from 35 last…
IDC Financial Publishing (IDCFP) measures relative profitability of bank holding companies by comparing the IDCFP real return on tangible equity (NOPAT ROE) to our definition of the cost of equity (COE). Margin between ROE and COE (included in the “M” in IDCFP’s unique CAMEL analysis) is a key measure of management.…
Updated for 2nd Quarter 2020 ranks IDCFP’s Record in History From 1990 to 2018, there were 1,419 failures of banks. Of these, 90% (1,271 banks) were ranked less than 125 by IDC Financial Publishing (IDCFP) up to 17 months before failure. Further, 73% (1,033 banks) were rated less than 125 by IDCFP…
The Number of Financial Institutions Issuing Brokered CDs Temporarily Declines The number of institutions issuing brokered CDs grew significantly in 2018 and 2019. Banks, savings institutions, and credit unions rose from a plateau of 961 in 2017 and increased to a peak of 1,356 in the 2nd quarter of 2019. The…
The Federal Reserve’s holdings of bonds, loans, and other assets accelerated from $4.2 billion in February to $7 trillion in June, as result of multiple financial assistance programs and support of the repurchase market. The Fed’s asset-buying, however, has come to an abrupt halt after surging in the spring of…
