Report
Eric Compton

Tougher CCAR Test Than Last Year, Overall, No Serious Restrictions For Our Coverage Universe

Given the tougher tests this year, and our early read on DFAST results, we were not surprised that several banks ran into issues for the 2018 Comprehensive Capital Analysis and Review, or CCAR, stress test. Of the 35 banks undergoing CCAR, 31 firms received outright nonobjections. Goldman Sachs, Morgan Stanley, and State Street received conditional nonobjections, while DB USA Corporation (one of the foreign banks participating for the first time) received an objection on qualitative grounds. We ...
Underlying
Fifth Third Bancorp

Fifth Third Bancorp is a bank holding company. Through its subsidiaries, the company provides financial products and services to the commercial, financial, retail, governmental, educational, energy and healthcare sectors. The company's segments are: Commercial Banking, which provides credit intermediation, cash management and financial services; Branch Banking, which provides a range of deposit and loan products to individuals and small businesses; Consumer Lending, which includes the company's residential mortgage, automobile and other indirect lending activities; and Wealth and Asset Management, which provides a range of investment alternatives for individuals, companies and not-for-profit organizations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch