US regionals remain laggards on EVE measure
Majority of lenders in Q1 did not report key metric that could have detected SVB’s risks
Despite a first quarter marred by the biggest crisis in 15 years, most US regional banks continue to not disclose their economic value of equity (EVE), the interest rate risk barometer that could have provided earlier evidence of Silicon Valley Bank’s troubles if properly monitored by management and supervisors.
Just 11 of 28 banks analysed by Risk Quantum publicly quantified how interest rate shocks would affect their EVE at end-March. The other lenders either only detailed net interest income
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