How US Banks Are Managing Through the COVID-19 Pandemic

The economic disruption caused by the Coronavirus has put U.S. bank balance sheets under the microscope. Unprecedented government stimulus, actions by the Federal Reserve and forbearance provided by banks have softened the economic blow thus far but will not prevent all stress.

S&P Global Market Intelligence Principal Analyst Nathan Stovall will discuss the impact of government stimulus, including the Paycheck Protection Program, on the banking industry as it faces higher credit costs and what institutions are doing to mitigate the fallout. The presentation will also cover how the pandemic has increased digital adoption and encouraged some banks to rethink their branching strategies.