- Third-quarter earnings of 75 cents a share beat consensus EPS estimate of 72 cents.
- ROA of 1.28%, ROE 11.6%.
- Average loans grow 2% sequentially, 4% year-over-year..
- Net yield on earning assets down 25 basis points quarter-over-quarter.
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.
The FDIC has released positive data for community banks, but these 14 banks have rallied too far too fast.
As global bank debt grows worse, here's trading advice for what promises to be a fraught week ahead.