NEW YORK ( TheStreet) -- There are now 156 undercapitalized institutions on the TheStreet's Bank Watch List, with preliminary first-quarter data now available for roughly 96% of the nation's banks and thrifts.
Based on first-quarter regulatory data supplied by SNL Financial for the nation's banks and savings and loan associations -- and factoring-in 18 bank and thrift failures since TheStreet's previous Watch List was published on February 23 -- 156 institutions were undercapitalized according to the regulatory guidelines that apply to most institutions.
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