66 episodes

S&P Global Market Intelligence principal analyst Nathan Stovall takes a deep dive into issues facing financial institutions and the investment community. Tune in for interviews with industry insiders as well as brief outlooks for the banking sector.

Street Talk Nathan Stovall | S&P Global Market Intelligence

    • Investing
    • 5.0, 26 Ratings

S&P Global Market Intelligence principal analyst Nathan Stovall takes a deep dive into issues facing financial institutions and the investment community. Tune in for interviews with industry insiders as well as brief outlooks for the banking sector.

    Ep. 66 - Community banks tap the debt markets while the getting is good

    Ep. 66 - Community banks tap the debt markets while the getting is good

    Community banks have tapped that debt markets at torrid place in recent months, building capital levels for insurance and flexibility to take advantage of opportunities that could arise amid economic fallout from COVID-19, according to two members of Performance Trust Capital Partners. In the episode, Daryle DiLascia, partner and head of investment banking at Performance Trust, and Brian Leibfried, co-head of client insights and analytics at the firm, discuss what has driven the surge in subordinated debt issuances by community banks, which have nearly matched the levels seen in the full-year 2019, with 80% of the transactions coming in the last three months. The two advisers also highlight how their firm has landed the advisory role in many of the transactions, the coupons associated with the deals and why investors like asset managers, banks and insurance companies find the paper attractive.

    • 29 min
    Ep. 65 - Deferral practices trap US bank portfolios in purgatory

    Ep. 65 - Deferral practices trap US bank portfolios in purgatory

    Bankers have expressed optimism about loan deferral trends but some members of the Street remain concerned about the unprecedented levels of forbearance and the potential loss content sitting on U.S. bank balance sheets. The episode features commentary from executives at JPMorgan, BancorpSouth Bank, Hancock Whitney, Signature Bank, Synovus Financial, Western Alliance Bancorp and U.S. Bancorp, responding to questions from the investment community about the pace of deferrals – which allow borrowers to defer principal and interest payments - the health of customers receiving forbearance and the amount of reserves institutions might have to set aside for the credits.

    • 18 min
    Ep. 64 - Coronavirus jumpstarts digital adoption

    Ep. 64 - Coronavirus jumpstarts digital adoption

    The coronavirus pandemic has pushed digital adoption five years into the future, prompted banks to invest more in technology and could set the stage for fintech and bank mergers later this year. In the episode, Todd Baker, senior fellow at Columbia University and managing principal of Broadmoor Consulting; Phil Goldfeder, senior vice president of public affairs at Cross River Bank; and Greg Smith, managing director at fintech-focused investment bank FT Partners, discuss how the coronavirus has changed the way customers access financial services and increased the possibility of mergers between banks and fintechs. The episode also features commentary from executives at Citigroup and Fifth Third about the accelerated pace of digital adoption in recent months.

    • 19 min
    Ep. 63 - Deal talks continue amid bank M&A freeze, setting up for strong Q4

    Ep. 63 - Deal talks continue amid bank M&A freeze, setting up for strong Q4

    Bank M&A activity has nearly come to a screeching halt and deal announcements are unlikely to pick up soon. Still, Rick Childs, partner in advisory services group at Crowe LLP, said in the episode that a number of would-be cash buyers are engaging in deal talks but have agreed to longer exclusivity periods with targets given the uncertainty over the economy, asset quality and capital levels at both institutions. Childs also discussed how banks are approaching due diligence in the current environment as well as the possibility of banks terminating or recording goodwill impairments on deals announced before the COVID-19 pandemic.

    • 29 min
    Ep. 62 - 'Brutal' outlook for oil demand offers banks in oil patch no relief

    Ep. 62 - 'Brutal' outlook for oil demand offers banks in oil patch no relief

    Banks with exposure to the oil and gas sector have seen their stocks underperform the bank index as oil prices have plunged this year, raising the specter of increased defaults. That sector is unlikely to see relief any time soon. In the episode, Tom Watters, managing director and sector lead oil & gas at S&P Global Ratings, discussed the outlook for oil prices, how this downcycle compares to prior downturns and past bank redetermination periods. He also said oil and gas companies will have a hard time tapping the capital markets or attracting outright acquirers outside of bankruptcy. 

    • 13 min
    Ep. 61- Investors debate if U.S. banks have enough capital in post COVID world

    Ep. 61- Investors debate if U.S. banks have enough capital in post COVID world

    The Street remains concerned that banks could have a hole in their balance sheets but even if dire outlooks are realized, the industry's capital levels should remain quite strong. In the episode, members of the investment community discuss current bank stock valuations, the Street’s view of future credit losses and capital levels and the market’s positive reaction to large reserve builds in the first quarter. The episode also features commentary from stress-testing experts, who say banks would be wise to look at the Great Recession for insight into future losses as well as our analysis of bank capital levels if those loss rates occurred this year.

    • 14 min

Customer Reviews

5.0 out of 5
26 Ratings

26 Ratings

nfldraftbites ,

Love Nathan

Awesome Podcast that provides great market commentary. A must listen for investors and banking industry folks. Just not long enough. NEED more content from Mr. Stovall.

Beef Kucinski ,

Great show

Nathan’s calm, familiar style evokes an uncle sitting on the front porch over mint juleps discussing the current trends in the banking industry. Just the way I want these in depth topics explained to me.

D. Shepley ,

In-Depth Bank Specific Podcast

Enjoyable and knowledgeable. Great industry specific analysis amongst the banking industry.

Top Podcasts In Investing

Listeners Also Subscribed To