Not content with the Federal Reserve’s analysis of the US’s largest 19 banks, the Wall Street journal tested 940 smaller banks in a similar manner (uses the “more adverse” scenario) and built another great interactive tool visualizing the results.
The Journal’s stress-test analysis includes 940 bank-holding companies that filed financial reports with the Fed for the year ended Dec. 31. The companies range from large regional banks to mom-and-pop banks in rural towns. The financial reports also include U.S.-based subsidiaries of foreign banks.
The banks examined by the Journal had total assets of $2.8 trillion at year end. That is less than the combined assets of Bank of America and Wells Fargo & Co., two of the nation’s largest banks. The 19 big banks that underwent a Fed stress test weren’t included in the Journal’s calculations.
