Graduation Year
2024
Date of Submission
4-2024
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Richard C.K. Burdekin
Terms of Use & License Information
Rights Information
© 2024 Justin M Carr
Abstract
In this study, we seek to determine the effects of commercial real estate concentrations on major exchange-traded U.S. banks’ balance sheets on quarterly returns. We find that at banks with fewer than $50 billion in total assets, concentrations of Commercial Real Estate loans make up a greater proportion of their overall loan portfolio and are negatively associated with quarterly returns between 2015 Q1 and 2023 Q4, especially after 2020 Q2. We also find that certain proxies for the CAMELS bank safety ratings components affect quarterly returns, as well as macroeconomic conditions, specifically the Federal Funds Target Rate.
Recommended Citation
Carr, Justin, "Assessing the Effects of Commercial Real Estate Concentrations on Quarterly Returns at Major Exchange-Traded U.S. Banks" (2024). CMC Senior Theses. 3703.
https://scholarship.claremont.edu/cmc_theses/3703
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
