Are there any specific charts you'll be watching regarding CRE? I see a chart on delinquency rates on CRE loans (https://fred.stlouisfed.org/series/DRCRELEXFACBS), but I was thinking it could be useful to see the magnitude in dollar terms of these defaults over time.
Thank you James!
Are there any specific charts you'll be watching regarding CRE? I see a chart on delinquency rates on CRE loans (https://fred.stlouisfed.org/series/DRCRELEXFACBS), but I was thinking it could be useful to see the magnitude in dollar terms of these defaults over time.
Great question, Mike. I'd love to know the same
Thanks James!
This is has been a concern of mine since the SVB debacle!
Do you have a list of Regional Banks that will be hit the hardest?
Maybe a resource that shows Regional Banks CRE exposure?
More specifically where exactly could I find my banks CRE exposure?
Where would it show up in the financial reports?
Thanks again!!
I did find this but it is from a post on Investopedia dated 4/6/23.
https://www.investopedia.com/regional-banks-cre-loans-7376117
Regional Bank Commercial Real Estate Loan Exposure
CRE loans as a percentage of total loans
New York Community Bancorp
71%
Valley National
60%
Signature Bank
43%
East West Bancorp
39%
M&T Bank Corporation
34%
Comerica Incorporated
32%
Western Alliance
28%
PacWest Bancorp
28%
Zions Bancorporation
23%
First Republic Bank
20%
Citizens Financial Group
18%
U.S. Bancorp
18%
KeyCorp
16%
Regions Financial Corporation
15%
Fifth Third Bancorp
14%
Source: Bloomberg data analyzed by Wedbush Securities
Good stuff! Thanks James.
Great article again James.
One thing I can’t get my head around is why the banks offer non-recourse loans? Surely that doesn’t make sense?
Thanks James! Great content.