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IRA Adds Watch List, Equity Volatility Metrics, Pro Forma M&A Tool to Bank Monitor November 20, 2008 Institutional Risk Analytics has added several new features to The IRA Bank Monitor, including: ** WatchList: A personal watch list for each user to
track up to 100 banks, thrifts or bank holding companies,
IRA Releases Powerful New Screening Tools for the IRA Bank Reports System October 1, 2008 IRA has released new subscription options to our "How's My Bank?" individual Bank Report
system. These powerful screening tools focus on the
financial safety and soundness fundamentals of the regulated
depository institutions covered by IRA, using "as filed" data from the
Federal Deposit Insurance Corporation and analytical benchmarks from the IRA Bank Monitor. FIND BANKS BY SIZE:
UPSIDE SEARCH SCREENS:
DOWNSIDE SEARCH SCREENS:
These analytical screening tools are available for $500.00 per year as an optional subscription service within the "How's My Bank" shopping cart. These screening tools deliver lists of banks meeting conditional filter criteria that you can then add to your shopping cart to purchase the individual report. Questions? Comments? info@institutionalriskanalytics.comIRA Launches Bank Stress Index for All FDIC Insured Depository Institutions September 15, 2008 Institutional Risk Analytics has added a powerful new analytics tool to The IRA Bank Monitor, the Banking Industry Stress Index. The index represents an explicit survey of all FDIC-insured financial institutions and includes equally weighted factors such as: * Profitability * Lending Default Experience * Capital Adequacy * Loan and Unused Commitment Exposure * Operational Efficiency The above factors are calculated for each individual institution and are then are brought together into an overall index for the entire US banking industry where 1995 = 1. Numbers > 1 evidence stress above that level. Each index component can have a maximum stress value of 100 corresponding to a two order of magnitude shift in the underlying computations versus the industry index for the period. Click here to see the Banking Industry Stress Index Subscribers to The IRA Bank Monitor and the IRA Bank reports may compare individual bank index values with the industry index and each sub-indice. For example, the profile for Countywide Bank FSB, an indirect subsidiary of Bank of America (NYSE:BAC), for Q2 2008 is shown below:
When the index value for a particular bank is above the industry index value, the figure is shown in red. Note that ROE degradation and loan defaults are currently the factors most significantly affecting the value of both Countrywide and the industry as a whole. Questions? Comments? info@institutionalriskanalytics.com Operational Risks to Global Financial Institutions: PRMIA DC Chapter Hosts Event August 26, 2008 On Monday, September 22, 2008, IRA co-founder Christopher
Whalen will participate as MC in an important event hosted by the Washington DC
chapter of Professional Risk Managers International Association. Entitled
"Perspectives on Operational Risks to Global Financial Institutions," this
day-long event focused on operational risk is being held at the
L. William Seidman Center, 3501 Fairfax Drive, Arlington, VA 22226.
PRMIA: Perspectives on Operational Risks
to Global Financial Institutions Panelists: IRA Credit Conditions Index Identifies 8% of All US Banks Under Stress July 28, 2008 The preliminary work completed by Institutional Risk Analytics regarding our new credit conditions index puts roughly 8% of all FDIC insured institutions in the stressed category as of Q1 2008 and roughly that same number headed in that direction. That 8% of all US banks translates into over 700 institutions as of Q1 2008. At the end of March, the FDIC had 90 institutions on its troubled institution list. "The degree of worry regarding the magnitude and duration of the corrections being experienced in the U.S. financial industry has become increasingly acute," notes IRA CEO Dennis Santiago in an upcoming white paper on credit issuance capacity impairment. "These worries lead to speculation and broad brush guessing by professionals struggling to work with increasingly opaque data. These speculations then are communicated to journalists, who drive public fears and increase the probabilities of worst case scenario manifestation. But we must emphasize that while the number of institutions under stress is clearly rising, most banks remain stable." IRA provides analytical tools and risk indicators for all US
banks using data from the FDIC and other regulators. From single-institution
profiles to specialized reports such as the Compendium of Bank Risk to powerful analytical tools
that survey the entire banking industry such as The IRA Bank Monitor, IRA gives you the ability to
understand the financial performance of a bank and compare that
performance profile to its peers. Questions? Comments? info@institutionalriskanalytics.com |
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