Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Aozora Bank (8304 JP) – Two Bets Too Far

US Banks - NYCB Credit Costs Are Much Higher than in the Early 1990s

CMA - Net Interest Income -21% with Criticized Assets +53% and CRE Loans Rising 32% YoY

Energy Transition | AI | Shifting World Order, Mint Finance

Suhas Reddy

Energy Transition | AI | Shifting World Order

Thematic (Sector/Industry)

United states Banks / Thematic (Sector/Industry)

<ul>
<li>Regional and small US banks face a greater risk to rising delinquencies on CRE loans given their higher exposure to CRE debt.</li>
<li>CRE loan delinquency rates and net charge-offs have accelerated since Q32022, mostly driven by the office space portfolio.</li>
<li>Within the CRE industry, property types such as hotels, offices and retail assets have the highest average rate caps, respectively.</li>
</ul>


Regional and small US banks face a greater risk to rising delinquencies on CRE loans given their higher exposure to CRE debt.
CRE loan delinquency rates and net charge-offs have accelerated since Q32022, mostly driven by the office space portfolio.
Within the CRE industry, property types such as hotels, offices and retail assets have the highest average rate caps, respectively.


Invesco KBW Regional Banking ETF (KBWR US)

Crisis in US CRE to Disproportionately Impact Regional Banks