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Banking Industry: 20% Exceptional; Less Than 1% Poor According to BAUERFINANCIAL.


CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla. -- The banking industry has been reporting record profits for the last five quarters. But there is much more to banking than profitability. That's why BAUERFINANCIAL Inc. uses a complex formula that factors in a host of relevant data, including but not limited to, the institution's capital safety levels, the quality of its loan portfolio, its ability to meet obligations, its historic performance, and, of course, profitability when issuing its star ratings.

The good news is that, based on the analysis just completed, nearly 79% of the nation's banks and thrifts have earned a recommended rating (either 5-stars or 4-stars). (The rating scale is from zero to 5-stars, with 5-stars being the strongest.)

Even better news, 20% of the industry has continuously earned the top 5-star rating for the last ten years...or even longer. That truly is exceptional, hence their designation DESIGNATION, wills. The expression used by a testator, instead of the name of the person or the thing he is desirous to name; for example, a legacy to. the eldest son of such a person, would be a designation of the legatee. Vide 1 Rop. Leg. ch. 2.
     2.
 as "Exceptional Performance Banks".

Conversely con·verse 1  
intr.v. con·versed, con·vers·ing, con·vers·es
1. To engage in a spoken exchange of thoughts, ideas, or feelings; talk. See Synonyms at speak.

2.
, 59 banks and thrifts (fewer than 1%) have the dubious distinction of "Troubled or Problematic"...and four of them have failed so far this year. These institutions have been rated 2-stars or below by the firm.

BAUERFINANCIAL Inc., Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. , is the nation's leading independent bank rating firm. It has been reporting on and analyzing the performance of U.S. banks, thrifts and credit unions since 1984. Consumers may obtain free star-ratings by calling 800-388-6686 or visiting http://www.bauerfinancial.com.

For more information on recommended or problematic banks, or for a report on all the banks in your state, contact Karen Karen

Any member of a variety of tribal peoples of southern Myanmar (Burma). Constituting the second largest minority in Myanmar, the Karen are not a unitary group in any ethnic sense, as they differ among themselves linguistically, religiously, and economically.
 Dorway at 800-388-6686 or e-mail her at kdorway@bauerfinancial.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 2, 2004
Words:262
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