Bank Assets Decline, Sale-Leasebacks a 'Growing Trend'

Total U.S. bank assets contracted 0.3% during the second quarter, the sixth time in nine quarters assets have declined, according to S&P Global Market Intelligence. Loans and leases were up 1%, while securities fell 0.3% and cash fell 4.7%. Banks also struggled to find cheap funding, as deposits declined and borrowings increased. Check out aggregate industry financials for the period on page 3. 

Another S&P post discusses how more banks are executing sale-leaseback transactions to boost liquidity.

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Rob Blackwell
Chief Content Officer and Head of External Affairs
IntraFi
Arlington, VA
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