CFRA’s Director of Equity Research and Diversified Bank Analyst, Ken Leon, and CFRA’s Regional Bank Equity Research Analyst, Alexander Yokum, covered recent banking events and what to expect over the next year.
CFRA dove into the Federal Reserve mandates and functions, highlighted recent regulatory developments, looked at how banking could change following the collapse of Silicon Valley Bank, and discussed what banking traits we viewed as positive and negative in the current environment. A bull and bear case was made for the health of the consumer, and credit quality trends were highlighted. Additionally, CFRA dove into net interest income, capital markets, investment banking, and wealth management.
This session detailed:
- A look at the regulatory environment across different asset brackets in banking.
- The outlook and impact that the recent banking crises has on regional banks.
- A deep dive into different sources of banking revenue and which banking strategies have succeeded and failed.
- Current investment views on select U.S. diversified and regional banks.