The company still has a large dependence on expensive wholesale funding and has gained little traction in gathering additional low - cost deposits . Even though Florida loan losses are starting to decline , total loan losses are still likely to drag the bottom line into the red throughout 2010 .
Synovus is highly concentrated in commercial real estate, including loans to homebuilders, in the Southeast.With 30 community banks to track, communication is a nightmare. Top management can have a hard time getting each local CEO on board with companywide initiatives. With much of the current
Despite its recent growth, Wilmington Trust can't match the scale of larger rivals, such as Northern Trust NTRS.In 2006, the company had to write down around half its investment in asset-management subsidiary Roxbury Capital Management.Wilmington's balance sheet is asset-sensitive, meaning that in
United's allowance for loan losses has hovered around 1% of loans for the last year. With potentially more credit pain in its construction and commercial real estate book, reserve levels will have to be strengthened through the recession, which will lower returns.If credit quality significantly
The company still has a large dependence on expensive wholesale funding and has gained little traction in gathering additional low-cost deposits.Even though Florida loan losses are starting to decline, total loan losses are still likely to drag the bottom line into the red throughout 2010.With few
BB&T BBT reported better-than-expected results for the third quarter, earning $152 million, or $0.23 per share, this quarter, as a lower tax rate and lower-than-expected provisions beefed up the bottom line. Nonperforming assets continued to grow, so we remain cautious about the future, but we are