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The Investing for Beginners Podcast - Your Path to Financial Freedom

Bird's Eye View of Bank Analysis (Citizens First Republic)

The Investing for Beginners Podcast - Your Path to Financial Freedom

Andrew Sather

Business, Investing

4.11.5K Ratings

🗓️ 22 May 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Welcome to the Investing for Beginners podcast! Today's episode we will take a bite on a complex topic such as the banking industry. The discussion stemmed from a listener question sent to us about a bank and how to analyze it so of course we are more than happy to go deeper and talk about it. Listen on as we try to simplify as much as possible the jargons surrounding the business of banks. Timestamps of the episode: -Recent rundown on the banking sector and what happened so far. [02:56] -What makes a bank different from a regular business and what are the risks. [05:46] -Key parts in understanding the financial structure of the banking business. [09:30] -Loan quality is everything for banks. Dave shares his "cheat code" in checking one. [18:15] -Why the balance sheet of banks is the most important section of 10k's compared to most businesses. [20:50] -How studying the banking can be overwhelmingly exciting and too much at the same time. [26:15] -Major red flags to look for when analyzing banks especially in the current times. [27:50] Note: Timestamps may differ and are approximate, depending on your podcast player. For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com  SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Stitcher | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is a Glassbox Media Podcast.

0:08.5

Love this podcast because it crushes your dreams and getting rich quick.

0:11.5

They actually got me into reading stats for anything.

0:14.0

You're tuned in to the Investing for Beginners Podcast.

0:18.0

Led by Andrew Saver and Dave Ahern.

0:21.0

Step by step premium investing guidance for beginners.

0:25.0

Your path to financial freedom starts now.

0:29.0

All right, folks, welcome to Investing for Beginners Podcast.

0:34.0

Today we are going to take a bird's eye view at a bank and walk through a bank statement.

0:39.0

And how to kind of analyze a bank because we got this great question that we thought

0:43.0

would kind of help spur this conversation.

0:46.0

So I'll go ahead and read the question and we'll go ahead and start with our analysis of a bank.

0:51.0

So here we go. Hey, Andrew and Dave.

0:54.0

I wanted to ask you about Citizens Financial Group, CFG.

0:57.0

I looked at the stock on thinvis.com and also glimpsed the recent earnings report

1:02.0

that everything looks very good with all the recent bank fear.

1:05.0

Now seems to be like a great time to get into this company.

1:08.0

As Buffett says, and you all have repeated, be fearful when others agree to you and greedy when it doesn't work.

1:13.0

I'm going to ask you a question.

1:15.0

I'm going to get into this company.

1:17.0

As Buffett says, and you all have repeated, be fearful when others agree to you and greedy when others are fearful.

1:22.0

Is this stock a good to be true case?

...

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