KBRA expects to see key financial performance metrics such as operating revenue, net interest margin, asset returns and earnings trending down slightly for most US banks in Q2 2014 and beyond compared with a year ago as the lingering effects of zero interest rates and a lackluster economy take their toll on bank profitability.
KBRA believes that a lack of visibility as to the future direction of interest rates will be a recurring theme for banks and markets during the rest of 2014. Strong institutional demand for assets and, conversely, a dearth of consumer demand for credit will complicate the stated intention of the Federal Open Market Committee to normalize interest rate policy.
To view the report, please visit www.krollbondratings.com.
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