KBRA Releases First-Quarter 2024 U.S. Credit Union Compendium; Slowing Loan Originations and M&A Activity in Focus
17 Junio 2024 - 8:27AM
Business Wire
KBRA releases its first-quarter 2024 U.S. Credit Union
Compendium, providing the latest view of the U.S. credit union (CU)
sector, analysis of 1Q24 results for KBRA-rated CUs.
In this edition, we focus on how industry fundamentals have
evolved in the higher interest rate environment, creating a more
challenging operating environment for CUs. The report examines key
topics relevant to the CU industry including the repositioning of
earnings, asset quality risk, and the importance of capital
strength. The Compendium includes 1Q24 summaries on U.S. CUs in
KBRA’s rated universe, focusing on key performance and credit
metrics. The report also includes the top 10 lowest cost deposit
franchises, highest reserves to loans, and largest sequential
changes in return on assets, net interest margin, net charge-offs,
and nonperforming asset ratios among all credit unions greater than
$5 billion in total assets. In addition, we include key financial
highlights for the top 20 largest CUs by total asset size along
with medians of key ratios.
Click here to view the report.
Related Publications
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Valuations
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About KBRA
KBRA is a full-service credit rating agency registered in the
U.S., the EU, and the UK, and is designated to provide structured
finance ratings in Canada. KBRA’s ratings can be used by investors
for regulatory capital purposes in multiple jurisdictions.
Doc ID: 1004731
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Brian Ropp, Managing Director +1 301-969-3244
brian.ropp@kbra.com
Anna Jezerski, Associate +1 301-960-7047
anna.jezerski@kbra.com
Joe Scott, Senior Managing Director +1 646-731-2438
joe.scott@kbra.com
Business Development Contact
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justin.fuller@kbra.com