U.S. Bank Operational Efficiency & Business Quality Ratings by Hoeg & Company

Q - What makes your data unique? A - The data is based on Efficient Frontier Analysis (EFA) which accurately measures bank performance but also reveals the best level of performance for the given business portfolio of each bank as well as the optimal business portfolio for maximizing profit. The ratings are superior to any traditional or other measures of bank operational efficiency and business quality because they not only measure performance, but indicate the limits of performance based on the underlying business portfolio of each bank. Using EFA also eliminates the "noise" of industry and economic trends because the Efficient Frontier moves with such trends and automatically accounts for them. Further, Efficient Frontiers exist for each reported expense item allowing detailed ratings of each resource of a bank's operations. Q - How is the data generally sourced? A - The ratings are generated using data from bank Call Reports filed with the FDIC quarterly. The Call Reports contain vast amounts of data on the financial and operating results of each bank and provides a robust and consistent set of measures from which to generate Efficient Frontiers. Because all banks with FDIC insurance must file Call Reports with the FDIC, we can provide ratings on more than 99% of all FDIC insured banks. Q - What are the primary use-cases or verticals of this Data Product? A - Investors use the measures to differentiate high performing banks from the pack or identify improving or declining banks. PE and other acquirers/owner firms will do likewise, as well as seek insights on how to best improve performance of portfolio companies, target acquisitions, model post-acquisition integrations, etc. Bank management use the measures to identify competitive advantages and weaknesses as well as measuring the potential benefit of improving/retaining a level of performance relative to peers. Q - How does this Data Product fit into your broader data offering? A - Hoeg & Company, Ltd. provides Operational Efficiency & Business Quality Ratings on Banks, Credit Unions & Insurers using EFA. These financial industries all have rigorous regulatory requirements and standards for financial and operational performance reporting (Call Reports & Statutory Financial Reports) which assures detailed, accurate and consistent data that facilitates EFA. Our bank ratings are our most extensively produced set of ratings.