Q1 Outlook for U.S. Commercial Banks As Institutions Try to Combat Revenue Headwinds 2024 | S&P Global | 9 January 2024 | Online
Venue
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| Event Date |
Wed Jan 10 UTC (11 months ago)
In your timezone (EST): Tue Jan 9 7:00pm - Tue Jan 9 7:00pm |
| Location | Online |
| Region | All |
Details
Banks continued to battle liquidity pressures in the third quarter, leading to further declines in net interest margins. However, the pace of margin compression slowed and the key profitability metric should soon hit a trough. Bank stock valuations remain depressed though, with investors eyeing the prospect of higher credit losses on the horizon as notably higher rates test the credit worthiness of borrowers.
While banks have taken a defensive posture, institutions have also sought to combat revenue headwinds by looking to fintech partnerships and technology, including artificial intelligence, to improve efficiency and grow, but regulators are closely watching the adoption and have heavily scrutinized some banks due to compliance shortfalls.
Speakers
2024 Speakers
Tom Mason
Senior Research Analyst, S&P Global Market Intelligence
Nathan Stovall
Director, Financial Institutions Research, S&P Global Market Intelligence
MODERATOR:
Will Retzer
US Commercial Banks Market Development Lead, S&P Global Market Intelligence