Summary. Bank of America stock is down 30% from a year ago, at just 1.3x Tangible Book Value and a P/E of around 9x. The market is fearful about banks and $620bn of "unrealized losses" in their ...

Bank of America had $111 billion of paper losses on its held-to-maturity portfolio on June 30, 2024, and Treasury 10-year bond rates were higher at year-end 2024 than they were then.

US banks were sitting on $620 billion in unrealized losses (assets that have decreased in price but haven’t been sold yet) at the end of 2022, according to the FDIC.

At the end of 2022, Buffalo-based M&T Bank (MTB 0.02%), which now has total assets of over $200 billion, held a cash position of about 12.5% and had very manageable unrealized bond losses.

Most of the banks on this list had even larger total unrealized losses at the end of 2Q compared to 1Q. With interest rates moving higher, the unrealized losses may continue to increase in 3Q. The ...

Meanwhile, unrealized bond losses in Ally's held-to-maturity (HTM) portfolio were about $178 million. These have not been factored into equity but are very manageable given Ally's tangible common ...

The $1.3 trillion is my estimate of the banking system’s total unrealized interest rate related losses as of June 30, 2023. Using bank regulatory data, I estimate that the banking system has ...

Unrealized losses have piled up on the balance sheets of many regional, mid-sized banks. Book values based on accounting regulations don't reflect current market conditions.

The analysis "appears to completely ignore the realities of the current bank regulatory capital framework for community banks," Philip K. Smith, a lawyer for ICBA, wrote in a letter to American Banker ...

Silicon Valley Bank's collapse last week sent tingles of panic down investors' spines as it highlighted a larger problem across the banking sector: The widening gap between the value large lenders ...