Watchman Sound Warning, Bank Run: Another Bank Run! Customers Wait Outside First Republic Bank Locations in California. The Worst Has Yet to Happen, Monday Morning Will be Crazy–People Need Their Money and Big Tech CEO are Millionaire?

Back to our list of 10 banks that raised similar red margin flags to those of SVB, here’s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet: Bank Ticker City AOCI ($mil) Total equity capital ($mil) AOCI/ TEC– AOCI Total assets ($mil) Customers Bancorp Inc. CUBI West Reading, Pa. -$163 $1,403 -10.4% $20,896 First Republic Bank FRC San Francisco -$331 $17,446 -1.9% $213,358 Sandy Spring Bancorp Inc. SASR Olney, Md. -$132 $1,484 -8.2% $13,833 New York Community Bancorp Inc. NYCB Hicksville, N.Y. -$620 $8,824 -6.6% $90,616 First Foundation Inc. FFWM Dallas -$12 $1,134 -1.0% $13,014 Ally Financial Inc. ALLY Detroit -$4,059 $12,859 -24.0% $191,826 Dime Community Bancshares Inc. DCOM Hauppauge, N.Y. -$94…

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Death Angel Has Her Sights on Corrupt Banks: Banks Are in Trouble: Wells

Tumbles as Revenues Plunge, Nim Hits Record Low, Warns on Payment Deferrals, Wells Fargo Has Been in Numerous Corruption Scandal, and Who’s Going to Pay the Price, the Working Man and Woman, Get Out of That Bank Why You Can… If there is one constant during earnings season, it is that no matter what the other banks do, Wells Fargo will always shit the bed, and this time was no different, with the stock sliding after reporting that Q3 earnings missed again as its Net Interest Margin dropped to a fresh all time low, while issuing an ominous warning that customer payment deferrals in the wake of the pandemic may delay the recognition of net charge-offs and delinquencies. Wells reported Q3 EPS of just $0.42, down more than 50% from the 0.92 a year ago, and missing expectations of $0.45…

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The “Ranch & Farm Apocalypse” Bankers Are Contributing to This Crisis…

Banks are Denying Loans to Many of These Ranchers and Farmers, Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve…. Banks are running out of time to regain public trust What do you do when you have lost all hope that things will ever turn around? It may still feel like “the economy is booming” for those at the top end of the economic food chain in big coastal cities such as New York and San Francisco, but for millions of hard-working Americans in the middle of the country, talk of a “coming recession” is absolutely ludicrous because it already feels like a severe economic depression is happening right now. In America’s heartland, bankruptcies are surging, debt burdens are becoming overwhelming, and suicide rates are spiking to unprecedented levels. We have not seen economic despair this extreme since the…

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