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re: 2024 bank failure predictions
Posted on 1/26/24 at 8:05 am to Shepherd88
Posted on 1/26/24 at 8:05 am to Shepherd88
Their CRE exposure is not terrible. In a worse spot than a JPM, but by no means in an awful spot. Footprint matters here and their heavy southeast exposure is a CRE positive.
Now, a Valley National Bank, with a northeast footprint and a heavy non residential CRE loan portfolio…..that might be one to watch
Now, a Valley National Bank, with a northeast footprint and a heavy non residential CRE loan portfolio…..that might be one to watch
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