New Evidence: Consumer credit quality is degrading & financing companies struggle to keep up

Every quarter we look at the banking industry and do a ‘simple’ valuation of all the banks we follow. Currently, this includes 125 banks listed on US stock exchanges with a market capitalization of $1 billion or more.

It runs from JPMorgan Chase, Citibank and Goldman Sachs and reaches down to small cap banks like Dime Community Bancshares, Customers Bancorp and German American Bancorp.