Fed Stress Test

More about how well the bank is run:
The banks that had the lowest capital ratios under these tests were the midsize banks, such as M& T Bank and Citizens Bank, and super regionals, or banks with a national presence and over $500 billion in assets, such as US Bancorp and Truist, While investors have not been worried about these banks as much as their smaller peers, it does show how banks that are not considered “too big to fail” are struggling under high interest rates and inflation.

Under the Fed’s test, US Bank would have a ratio of 6.6%, Truist would be at 6.7% and Citizens Financial would be at 6.4%.

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Which is why Truist and US Bank were not allowed by the regulators to bid on SVB, Republic or Signature.

I always thought it was blatently obvious why they sold the insurance.

In case anyone still wonders why William and company sold part of its money making insurance business he admits it here: SMDH
"Truist's 2023 annual stress test results again demonstrate the benefits of our diverse business mix and prudent and disciplined risk management culture," said Truist Chairman and Chief Executive Officer Bill Rogers. "Our strong liquidity and capital positions, bolstered by the approximately 30 basis point increase to our CET1 ratio from the minority stake sale of Truist Insurance Holdings that was completed after the start of the 2023 annual stress test exercise, provide us significant capacity to serve our clients and stakeholders, maintain a strong dividend for our shareholders, and ultimately help us deliver on our purpose to inspire and build better lives and communities."

If you’re too stupid to realize the stress test from the feds matters you’re too stupid to work in banking. I said what I said!

“ If you don’t like Truist, please just fu----g leave. You’re keyboard warriors, nothing more”

Lol. Lmao even. They will leave, management won’t backfill their position, and you’ll end up doing their work. Have fun with that.

“Some analysts don't assign much importance to the Fed's test. "While it is important to know that these banks might be healthy, this test has nothing to do with why the three big banks [Silicon Valley Bank, Signature Bank, First Republic Bank] failed this year," wrote Odeon Capital's Di-k Bove.“

If you don’t like Truist, please just fu----g leave. You’re keyboard warriors, nothing moreZ

No wonder we need those local tax deals and parking fees.

In the Federal Reserve's annual stress testing on the U.S.'s largest banks, Capital One Financial (NYSE:COF), Citizens Financial Group (NYSE:CFG), and Truist Financial (NYSE:TFC) had the most negative impact as they'll be required to hold onto more capital to protect against any potential downturn.

Thread regarding Truist Bank layoffs

Fed Stress Test

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