Real estate pain for US regional banks piling up, say investors

NEW YORK/WASHINGTON - New York Community Bancorp's exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily property loans. Fears about the health of the smaller banks have escalated again a year after the collapse of Silicon Valley Bank in spring of 2023 triggered a regional banking crisis. NYCB's recent earnings release which sparked a dive of about 60 percent in its shares has particularly focused investors on combing through portfolios of regional banks, as small banks account for nearly 70 percent of all commercial real estate (CRE) loans outstanding, according to researc...Keep on reading: Real estate pain for US regional banks piling up, say investors

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.