IntraFi’s Post

This week we were happy to announce our Q4 2023 numbers. The report shows great results, and gives the bank a solid closure of a good performing year.   Highlights: 📈 Solid loan growth: Our loan balance grew by 4 % (underlying) to NOK ~12 billion year-end, up 22 % year-on-year 💰 Improved margins: Net interest margin increased by 0.2 percentage points, with total income exceeding NOK 1 billion, up 30 % year-on-year 💼 Improved cost efficiency: Operating expenses remained stable at NOK ~80 million, with a 20 % normalized cost reduction year-on-year 🛡️ Credit risk control: Loan loss ratio was 5.4 %, up 0.4 %p, with increase more than offset by income growth 💰 Profitability maintained: Pre-tax profits reached NOK 51 million, giving a yearly total of NOK 206 million   We have received valuable and positive feedback on our Q4 2023 performance. One analyst remarked: "The bank has shown significant improvements to its cost control and is now ready to take its fair share of the lending growth market."    Click the banner below or check out our presentation here: https://lnkd.in/d8-KPpuS #MorrowBank #PrepareForTomorrow #ConsumerBanking»

The simplest explanation I have ever come across for the current issues banks are facing 3 major issues:- 1) The FED stopped Term Financing It is a kind of revolving line of credit for the banks. The fed also adjusted the existing term rates to reflect the increased market rates 2) The commercial real estate bubble Might burst anytime soon, since interest rates keep rising and businesses unable to make payment Unfortunately 70% of these loans come from regional banks, which can’t withstand huge charge offs. They’ll quickly fail and need to be taken over by big banks 3) Liquidity Crunch for big banks Due to a liquidity crunch people don’t have money in the first place. Those who do have some extra savings in their savings/checking are moving it to Treasury bills. Because, while a typical bank would pay 0.01 % or so on savings, treasuries yield 5% today, given the interest rates environment All of this creates more problems in terms of higher delinquencies, why? Because the more the cash crunch, more banks failing, more unemployment leads to higher delinquencies and ultimately charge offs Probably not a soft landing in that case!!

# News of the day :- Private banks face tougest June quarter in years 😮 #private sector bas struggeled in the first quarter of the fiscal year 2025 with decilining assest quality , and expanding slippages . #The lenders also acknowledged the seasonal difficulties that the quarter brought in their post - results interview with the press . *NIM increasing and asset quality decreasing Banks are continuously under pressure to increases their net interest margins (NIM) in an environment where the cost of funding is growing , mostly to the need to mobilize additional deposits . so, guys what do you think about the next quarter for banking stock . feel free to share your views . 😊

Banks and credit unions are increasingly feeling the pressure to reduce expenses, grow core customers and acquire low-cost deposits simultaneously. To get there, most are taking one of two taking two distinctly different approaches in their branch network strategy: https://hubs.li/Q02FGwXH0

These are the top 20 banks and thrifts with the most deposits as of December 31, 2023. Check out the rankings to learn more about the top-performing firms. #banking https://bit.ly/4a3ug3T

Banking Stocks Checklist 2023 | FinTitans In the following video, we will explore the various types of banks and how they are categorized. We'll delve into key terms and ratios essential for evaluating banking stocks, shedding light on crucial factors such as profit/loss, financial statements, and other indicators that can guide individuals in selecting stocks likely to generate significant returns. . . . #stockmarket #banks #nseindia #fintitans #investingstrategy #stockanalysis

📈 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐒𝐞𝐜𝐭𝐨𝐫: 𝐀 𝐑𝐞𝐭𝐮𝐫𝐧 𝐨𝐟 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞 The banking sector has shown remarkable resilience in the face of challenges. After a significant dip in March and April of 2023, there's good news on the horizon for U.S. bank deposits. 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐒𝐢𝐠𝐧𝐬 -The latest figures reveal that deposits have not only stabilized but are on an upward trajectory. -This is a positive signal of restoring confidence among depositors and stability in the financial system. As we look towards a more stable economic environment, these indicators are crucial for both investors and consumers. The recent trend underscores the strength and adaptability of U.S. banks during uncertain times. #US #Banking #Finance #EconomicRecovery

Commercial deposits at US banks are expected to expand in 2024, potentially growing as much as 4 percent a year for the next few years as interest rate cuts look increasingly likely and quantitative tightening is poised to end. In our latest article, McKinsey authors Szilard Buksa, Manthan Pakhawala, Ryan Cope, and Vanathi Ambigapathi share the actions banks should consider to prepare for this expected new environment. Get the details: “US banks’ commercial deposits are back on a path to growth.” https://lnkd.in/dFz9nVmq #mckinsey #banking #financialservices

Commercial deposits at US banks are expected to expand in 2024, potentially growing as much as 4 percent a year for the next few years as interest rate cuts look increasingly likely and quantitative tightening is poised to end. In our latest article, McKinsey authors Szilard Buksa, Manthan Pakhawala, Ryan Cope, and Vanathi Ambigapathi share the actions banks should consider to prepare for this expected new environment. Get the details: “US banks’ commercial deposits are back on a path to growth.” https://lnkd.in/e46iz7mp #mckinsey #banking #financialservices