How Much Money do the Big Banks Need?
Thanks to Mark Johnson at US Bank for this information.
The government announced its plan in late February to look under the hoods of the nation’s largest financial institutions to gauge their ability to withstand losses.
The results are now in: Ten of the nation’s 19 largest banks will need to raise a total of $74.6 billion in capital. In addition, the government estimated that losses could total $599 billion this year and next.
In the table below, see which banks stand to lose the most if the economy weakens further — and how much capital each is required to raise during the next six months.
First Published: May 7, 2009: 5:42 PM ET
|
Bank |
Ticker |
Total assets |
Market value |
Worst-case loss estimate |
Capital needed 6 |
|
Bank of America |
$1.6 trillion |
$86.5 billion |
$136.6 |
$33.9 billion |
|
|
Wells Fargo |
$1.1 trillion |
$105.1 billion |
$86.1 |
$13.7 billion |
|
|
GMAC1 |
N/A |
$172.7 billion |
$225 million |
$9.2 |
$11.5 billion |
|
Citigroup |
$996.2 billion |
$21 billion |
$104.7 |
$5.5 billion |
|
|
Regions Financial |
$116.3 billion |
$3.6 billion |
$9.2 |
$2.5 billion |
|
|
SunTrust |
$162 billion |
$6.6 billion |
$11.8 |
$2.2 billion |
|
|
Morgan Stanley |
$310.6 billion |
$29.4 billion |
$19.7 |
$1.8 billion |
|
|
KeyCorp |
$106.7 billion |
$3.4 billion |
$6.7 |
$1.8 billion |
|
|
Fifth Third Bancorp |
$112.6 billion |
$3.1 billion |
$9.1 |
$1.1 billion |
|
|
PNC |
$250.9 billion |
$19.8 billion |
$18.8 |
$600 million |
|
|
JPMorgan Chase |
$1.3 trillion |
$132.4 billion |
$97.4 |
$0 | |
|
Goldman Sachs |
$444.8 billion |
$67.3 billion |
$17.8 |
$0 | |
|
MetLife |
$326.4 billion |
$26 billion |
$9.6 |
$0 | |
|
U.S. Bancorp |
$230.6 billion |
$34.4 billion |
$15.7 |
$0 | |
|
Bank of New York Mellon |
$115.8 billion |
$34 billion |
$5.4 |
$0 | |
|
State Street |
$69.6 billion |
$16.4 billion |
$8.2 |
$0 | |
|
Capital One Financial |
$131.8 billion |
$10.4 billion |
$13.4 |
$0 | |
|
BB&T |
$109.8 billion |
$14.2 billion |
$8.7 |
$0 | |
|
American Express |
$104.4 billion |
$30.3 billion |
$11.2 |
$0 |
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Great website…
Cool post, I really enjoyed reading it. I will check out your site for some more content on this subject….
Wordlistz2…
Wonderful blog post, saw on…
The post…
I’ve recently started a website, the info you provide on this website has helped me tremendously. Thank you for all of your time & work….
It is really hard these days to find enough support…
My friend is truly regularly but in a rash manner proclaiming that in all honesty that it is hard to really easily get some good online support, but there is…
Tumblr…
Tumblr linked to this place…
Just Browsing…
While I was surfing yesterday I saw a great article concerning…
Super post…
I really appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again!…
Yahoo News…
When reading a lot on Google and of course Bing for the latest news today I happily noticed this…
Wikia…
Wika linked to this website…
Wow!…
A very spectacular post….
Hard Day…
It was a hard day here today, so I just took to piddeling around online and found…
great find…
If you only see on good subdivision mail today….
Dreary Day…
It was a dreary day here yesterday, so I just took to messing around online and found…
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Fancy Coloured Diamonds…
I really like your wordpress web template, where would you down load it through?…
Great website…
[...]we like to honor many other internet sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[...]……
great find…
If you only see on good clause move today….
Amazing site…
I really liked your blog, thanks for sharing this useful information……
great site…
I was reading the news and I saw this really interesting topic…
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Lucy Dipierro…
I couldn’t refrain from commenting. Perfectly written!…
Amazing site…
I really liked your blog, thanks for sharing this useful information……
The article…
Excellent read, I just passed this onto a friend who was doing a little research on that. And he actually bought me lunch because I found it for him smile So let me rephrase that: Thanks for lunch! “Without friends no one would choose to live, though …