Wasn't sure where to put this question. One of my bosses asked me to research the composition of various banks' CRE portfolios. I was targeting HSBC earlier today. I'm looking for specific information with regard to geography, property type, loan metrics, etc, as well as an understanding of the composition of distressed CRE loans within the overall portfolio. The info in the financials wasn't anywhere near as granular as I was looking for and I didn't see anything useful in any of the presentations on the investor relations website. Any suggestions on where else to look?
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The SNL info was all publicly available info that I saw on the FDIC's website and in the financials.
Did you go to the Federal Reserve's website and check out the Bank Holding Company Performance Report database?
I assume you're talking about the database here: https://cdr.ffiec.gov/public/ManageFacsimiles.aspx
That's not what I'm looking for either, and is also very similar to the data provided by the FDIC. At this point I'm fairly convinced data just doesn't exist at the level I'm looking for. Which is surprising to me because I would think that if you were going to buy HSBC stock or bonds, you would want more granular information on the quality of their lending portfolios.
Did you look at the bank's Community Reinvestment Act evaluation? Those get pretty granular on geography because the bank has to prove that they're not redlining. CRA reports will tell you the size of the loans and type in each area. You're not going to find a publication that breaks every bank's lending portfolio down by geography and then also within each geography tell you the performance of each loan because that document would be 10000 pages thick and you wouldn't be able to get anything meaningful from it because the amount of raw information would be so huge and take forever to analyze. So that's why if you look at provisions for loan losses and capital ratios (the BHCPR will break a lot of this down) you can get a good enough picture of the health of the bank.
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