Research and consultancy, Tabbush Report

Daniel Tabbush

Research and consultancy

Tabbush Report

We provide research and consultancy on Asian banks. Our focus is on what we call “Asian bank research, without the noise.” We are interested in the most critical swing-factors for banks, the NPL and credit cycle, and where we believe there is a gap between perception and reality. We often focus on the less studied components of bank financial statements.  Our research is highly thematic, sometimes examining unlisted banks and companies as a window on mainstream banks. 

Being independent allows us to look at smaller banks, often overlooked by others. Analysis of BIS bank guidelines in the context of Asia, is also a focal point, while we also analyze global banks operating in the region. We use what we believe is the most comprehensive, reliable financials database, SNL Financial. S&P Capital IQ augments our database, with corporate data and CEIC, with economics. 

Asian bank research, without the noise.

Thematic (Sector/Industry)

<ul>
<li>The HFD from ASIC on insolvencies in Australia points to a weak credit metric environment for Australian banks. </li>
<li>Some banks report rising bad loans but relatively stable credit costs, which tends to not last indefinitely. </li>
<li>Far worse insolvencies in many sectors YoY to 30 June should be a window on higher impairment costs for Australian banks.</li>
</ul>


The HFD from ASIC on insolvencies in Australia points to a weak credit metric environment for Australian banks. 
Some banks report rising bad loans but relatively stable credit costs, which tends to not last indefinitely. 
Far worse insolvencies in many sectors YoY to 30 June should be a window on higher impairment costs for Australian banks.


Australia Banks - Insolvencies Data to 30 June 2025 Suggest Weak and Worsening Credit Metrics.

Australia

ANZ Group Holdings Limited operates as a holding company. The Company, through its subsidiaries, provides banking and financial products and services to retail and business customers. ANZ Group Holdings offers loans, transaction and institutional banking services, deposits, and other financial products.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

ANZ Group Holdings (ANZ AU)

Australia Banks - Insolvencies Data to 30 June 2025 Suggest Weak and Worsening Credit Metrics.

Australian insolvencies data is fairly real-time and certainly HFD, giving a window on underlying credit metrics. The data is not good, with very...

Daniel Tabbush

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)