Will Fed’s Cuts Help Address Banks’ Office Loans?
The either quarter-point or half-point cut expected this week won’t be enough on their own, but some experts think they hold promise for remedies over the next few quarters.
Will Boston Multifamily Hit Its Own ‘Wall of Maturities’?
The nation’s multifamily owners are facing a financial crunch as they try to refinance construction and other loans. But Boston is likely to see a lot less distress than Sunbelt cities, experts say.
Fed Rate Cuts No Panacea for Banks
Despite signals that the Federal Reserve will likely cut interest rates this year, banks will still find it tough to keep high deposit rates from eating into their profit margins, observers say.
Bond Portfolios Could Complicate Local Banks’ Finances
Silicon Valley Bank wasn’t the only lender active in Massachusetts that turned to bonds to manage deposit growth. What are their options, now?
Lenders Use CDs to Play Deposit Defense
Faced with pressure to pay higher rates, banks and credit unions are turning to special offers – with rates sometimes 3 percent or higher – to lock in deposits.
George Darling, Founder of Banking Industry Consulting Firm, Has Died
George Darling, the founder and chairman of Newburyport-based Darling Consulting Group, has died at the age of 77.
Mass. Lenders Struggle with Second Year of Deposit Surge
Eighteen months into the pandemic, the influx of deposits continues. But many lenders are struggling to match this cash with loan growth, creating concern for the coming quarters.
Banks Face Income Question: What Comes After PPP?
With the recent extension of the Paycheck Protection Program through May 31, banks could continue to see the lending program boost their balance sheets for several more quarters. But banks face questions about how to manage their balance sheets and generate revenue.
Lenders Wait for Pandemic’s Effects on Balance Sheets
Between a lack of lending opportunities and challenges pushed into 2021 by pandemic emergency measures like PPP loans, banks and credit unions are staring at 2021 with wary eyes.
Bank Earnings Show Little Credit Stress So Far
Some of the same initiatives that banks used to help customers affected by the pandemic – from loan modifications to Paycheck Protection Program loans – could also affect banks’ balance sheets in the coming months.
Could PPP Help Lenders, Too?
Just as uncertainty has marked each stage of the Paycheck Protection Program – from features changing right before launch to system problems in the second round – community banks face another unknown with the program: its effect on bank finances in the coming months.
Could Fed’s Rate Cut Ease Pressure on Bank Profits?
As long-term rates dropped before the Federal Reserve began making moves on short-term rates, the spread between what’s paid on deposits and earned on loans continued to flatten, hurting profits for many community banks. Last week’s decision by the Federal Reserve to cut interest rates for the third time this year could add some steepness back to the yield curve and help reverse this trend.
Fed’s Decision to Pause Rate Hikes Could Lead to Spread Compression
While the Federal Reserve’s recent forecast of no more rate hikes in 2019 will result in some desired relief on deposit pressure at community banks, it could also spell trouble in the form of additional spread compression.
