“The devil is in the details”
A lot can be gleamed by looking at summary level information for a bank, but to truly understand a bank one must dive into the details. Fortunately CompleteBankData provides information on over 2,000 individual financial metrics that are easy to access and use.
In this email we’re going to walk through how to investigate granular loan details for a given bank.
Navigate to the Details page by clicking Details on the menu bar. Then click the Actions menu and select Find Bank or Holding Company. On the Find Bank or Holding Company dialog box enter “Allegheny” and click Find. Select “Allegheny Valley Bank of Pittsburgh” and click OK.
You will be shown the screen below:
This is the main detail page. At the top you will see the stock price if the bank is traded. At the top right is a drop down menu displaying that you’re on the Summary page. The left side contains relevant operating and market statistics (if the bank is traded). If you scroll down you’ll see an income statement summary, balance sheet summary and loan summary table.
Click the drop down that’s labeled Summary. Then select Loans.
This will take you to the detailed loans page.
If you click on the green arrow next to the title you will be presented with a menu allowing you to change the perspective of the table. Financial data tables can display data in a quarterly format, or annual format. Additionally all data tables can be exported to Excel.
When looking at Allegheny Valley Bank of Pittsburgh we notice that their loans have grown from $214m in Q4 of 2012 to $237m in Q4 2014. Further investigation shows that they have no agricultural lending, farmland lending, or lending to foreign depository institutions (foreign banks).
For example let’s assume we like the look of the loan book but are worried about asset quality. On the drop down menu at the top right of the screen select Asset Quality.
The bank’s non-current loans to loans looks fairly low indicating a quality loan book.
Selecting other pages in the drop down menu yields similar details for other aspects for the bank.
If you’re interested in more information, or interested in a webinar on how to analyze banks please contact us:
email: firstname.lastname@example.org phone: (866)591-8315