Hanmi operates in an attractive banking niche but faces very serious challenges.
Although expansion in New York has been successful to date, entering other markets may prove risky because of intense competition.A large portion of the bank's loan portfolio is related to real estate, which means that collateral is susceptible to falling property values.City National is set to
Fee income contributes less than 15% of the bank's net revenue, which increases Cathay General's reliance on loan growth, deposit growth, and interest rate risk management.Core deposits and non-interest-bearing deposits contribute only 51% and 15%, respectively, to total deposits. This increases
We think Nara's capital and earnings power will enable it to survive the credit storm.
Bank of Hawaii's conservatism positions it well for an eventual recovery in the economy.
WestAmerica lacks the ability or desire to expand its niche beyond its current footprint, thus reducing growth opportunities.The California real estate market is frothy, and WestAmerica's business is largely linked with the health of the region's economy.Given a long record of low charge-offs,
Niche lending should shield SVB from the commercial real estate troubles weighing down other banks.
Hanmi operates in an attractive banking niche but faces serious challenges.
On Monday, Zions Bancorporation ZION announced that it has initiated a preferred/common share exchange offer. Non-Troubled Asset Relief Program preferred shareholders could elect to convert their shares into common equity. The bank has established a maximum conversion ratio of 1.25 common shares
With acquisition of failed UCB, East West became an ethnic powerhouse and a major force in California.