Finance & economics | Number-crunching

Are America’s regional banks over the worst of it?

New data offer a glimpse at their balance-sheets

A customer arrives at a KeyBank branch in West Hartford, Connecticut, US, on Wednesday, April 12, 2023. KeyCorp is schedule to release earnings figures on April 20. Photographer: Joe Buglewicz/Bloomberg via Getty Images
Image: Getty Images

More people are paying attention to America’s regional banks than ever before. But it is difficult to work out the state of their balance-sheets. Recent data from the Federal Financial Institutions Examination Council, a regulator, offer a glimpse. Our analysis suggests several regional banks are struggling with flighty deposits, interest-rate mismatches and pricey borrowing. Even if none are about to collapse, the outlook is grim.

This article appeared in the Finance & economics section of the print edition under the headline “How bad does it look?”

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From the May 13th 2023 edition

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