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re: 2024 bank failure predictions

Posted on 1/25/24 at 8:41 pm to
Posted by Flowbe209
Member since Dec 2015
141 posts
Posted on 1/25/24 at 8:41 pm to
Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.
Posted by slackster
Houston
Member since Mar 2009
85481 posts
Posted on 1/25/24 at 8:51 pm to
quote:

Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.


Seems like if Truist was as worried as you may be they’d cut the dividend a bit. Still yielding north of 5.5%.
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 2/10/24 at 12:11 am to
quote:

Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.


So is the bank failure prediction for Truist 2024?

Truist has been mired in rumors for 20+ years.

At what point does someone pull up this thread and say the prediction was correct and at what point is it just another rumor?

1/1/25?
1/1/26?

When is truist going to go bellyup because of that piper?
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