Financial Business Recap: Banks With Lowest Net Interest Compression Listed
The current period of historically low interest rates will put pressure on banks that now have the highest net interest margins over the next year, says Guggenheim, but those with lower margins that have already experienced such difficulties probably will not see much further shrinkage of spreads. The analysts believe that the five top United States banks that will face the least net interest margin compression through 2013 include The Bank of New York Mellon Corporation (NYSE:BK), State Street Corporation (NYSE:STT), Regions Financial Corporation (NYSE:RF), Northern Trust Corporation (NASDAQ:NTRS), and BB&T Corporation (NYSE:BBT).
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