Factbox: US banks by commercial real estate loan exposure

Dime Commercial Bancshares

03/05/2023 19:17

May 3 (Reuters) - Commercial real estate (CRE) loans are
an area of focus among analysts and investors in U.S. banks.
    Below is a list of U.S. banks with some of the largest share
of CRE loans in their portfolios as of Dec. 31, 2022, according
to S&P Global Market Intelligence.
    Washington Federal Bank  WAFD.O  pointed to a recent press
release that said it has been conservative in its CRE lending.
The other banks did not immediately offer comment.     
    
 Company                   CRE/(Tier   Growth in    Leverage
                           1 capital   CRE last 36  ratio
                           + ALLL)     months (%)   (%)
                           (%)                      
 Dime Community Bank       562.9       293.6        9.95
  DCOM.O                                            
 First Foundation Bank     561.4       99.8         8.59
  FFWM.O                                            
 Provident Bank  PFS.N     487.1       52.2         9.51
 OceanFirst Bank NA        448.5       142.4        9.20
  OCFC.O                                            
 Valley National Bank      439.7       72.9         9.60
  VLY.O                                             
 Merchants Bank of         430.1       257.0        11.26
 Indiana  MBIN.O                                    
 Axos Bank  AX.N           421.8       109.9        10.05
 Washington Federal Bank   392.5       83.6         8.61
  WAFD.O                                            
 Pacific Western Bank      376.4       35.7         8.39
  PACW.O                                            
 Sandy Spring Bank         363.3       113.6        11.46
  SASR.O                                            
 EagleBank  EGBN.O         347.7       4.1          11.78
 Bank OZK  OZK.O           345.6       42.9         15.90
  
    Data source: S&P Global Market Intelligence
    
    Note:  
    * Analysis represents the 12 largest U.S. banks and thrifts
by total assets as of Dec. 31, 2022
    * ALLL - allowance for loan and lease losses

 (Compiled by Manya Saini in Bengaluru; Edited by Shounak
Dasgupta)
 ((Manya.Saini@thomsonreuters.com))