This week's editors' picks include Data Dispatches providing analyses on U.S. banks' financial results for the fourth quarter of 2017, and a piece on bankers' take on the impact of tax cuts on loan demand.
US bank margins reach highest level in 5 years
Strong expansion in commercial loan yields has pushed net interest margins at U.S. banks to the highest level in more than five years.
US banks have shed $64B in exposure to UK since Brexit vote
Large U.S. banks have reduced billions of dollars of exposure to the U.K. since the Brexit vote, most of it in reduced derivative holdings.
Banks' funding costs climb in Q4'17; rise expected to continue
U.S. banks' deposit costs rose in the fourth quarter of 2017 as their customers shifted money into higher yielding accounts following three Federal Reserve interest rate hikes last year.
Revenue, margins increase alongside profits for US regional banks in Q4'17
S&P Global Market Intelligence examined the financial results of 35 public U.S. banking institutions with total assets between $20 billion and $50 billion as of Dec. 31, 2017.
So far in 2018, tax cuts have not bolstered loan demand, bankers say
While federal tax cuts fueled jubilation among business owners, a sampling of community bankers across the country indicates that lower corporate levies have not translated into strong, widespread commercial loan demand — yet.