Replies to post #102085 on Savvy Trades and Investments

[researcher59]

Bmrboy - that's a good question and I think varies somewhat from bank to bank depending on their assets, leverage, debt roll over, hedging, etc. But I was satisfied with the Q3 earnings from both NYCB and CUBI, so rising rates did not greatly impact that quarter, nor have analyst estimates for 2023 and 2024 changed very much in recent months.

Btw, it was a nice turnaround today for NYCB which was down 2% this morning but managed to close up over 1% despite the the broad market selloff. Looked like bargain hunting in which I also participated.