Viewpoint Financial’s (VPFG) margin strengthened as it continued to build its loan book while Westamerica’s (WABC) crumpled as it cited vicious underwriting competition that led it to stockpile short-term securities.
While there were winners and losers, however, net interest margin pressure was felt broadly in the third quarter. (Use the dropdown in the graphic below to see margin data for a group of large banks and companies that posted big year-over-year swings. Use the check boxes to compare them with interest rate and industrywide trends. Select the other tabs for industrywide overviews.)