Q1 Outlook for Commercial Bank Performance and Technology

Higher interest rates are finally putting pressure on banks' funding base and loan growth is starting to slow. Credit costs are normalizing but nothing to cause alarm. The latest monthly jobs report showed some cooling in the U.S. labor market but not enough to reverse Fed’s aggressive monetary policy tightening to slow inflation. The U.S. economy is still showing signs of strength, but for how long? Meanwhile, banks continue to look to technology to improve efficiency and grow and many have used banking as a service to help with deposit growth, but investors are not rewarding the business model.

Tune in to hear the latest from S&P Global Market Intelligence’s FIG research team. Nathan Stovall, Director of FIG Research, will review his proprietary outlook for commercial bank performance and Tom Mason, Senior Research Analyst covering U.S. Financial Technology, will discuss the latest results from his exclusive bank technology report.