Check out Oddball's new bank data site

[Cunninghamew]

http://www.completebankdata.com/

 

Very cool site

[DoddDisciple]

Any idea in regards to cost? Thanks :)

[oddballstocks]

Thanks for posting this, always appreciate the publicity.

 

As for cost I'll say it's extremely competitive compared to the current offerings, we're bringing better tools to the market place at a fraction of the cost.  If you're being gouged by the by heavy weight in the market (their prices make a Bloomberg terminal subscription seem like a pack of gum..) it's worth testing what we offer and seeing if it's a fit.

 

In terms of specific pricing I'd say shoot me an email at ntobik [at] completebankdata.com and we can talk specifics, I don't want to break any board policies, and I'd rather talk specifics in private rather than in public.

 

Thanks!

Nate

[Parsad]

Nice job Nate!  Looks fantastic.  Cheers!

[Guest ajc]

Nice job Nate!  Looks fantastic.  Cheers!

 

+1

[Junto]

http://www.completebankdata.com/

 

Very cool site

 

Nice work, signed up for a trial run.

 

I did notice a potential bug on tier one capital calculation (I stand corrected. I was incorrect.)

 

http://Bankregdata.com probably a better provider at current time vs fdic.gov website.  I like that there is something else to look at though.

 

Thanks for sharing!

[oddballstocks]

http://www.completebankdata.com/

 

Very cool site

 

Nice work, signed up for a trial run.

 

I did notice a potential bug on tier one capital calculation (it looks like you are using capital figures versus reported tier one figures in at least one bank). This particular bank has a large deferred tax component that is included in capital but included in tier one calculations per Call report guidelines.

 

http://Bankregdata.com probably a better provider at current time vs fdic.gov website.  I like that there is something else to look at though.

 

Thanks for sharing!

 

Can you send me the bank rssd, or name?  I use the same data as Bankregdata, Thompson Reuters, and SNL, so I'd be curious to see why we have a difference and will work to correct it.

 

We pull from the FDIC, Federal Reserve (FFEIC) and SEC.  Except in a few cases we don't touch the data, so whatever a bank reports to the FDIC/Fed/Sec is what we show untouched.  I know of at least one case where a bank didn't report the same numbers to any of the agencies for the same time period, but that's an anomaly, in every other case I looked at everything lined up.  Clearly I didn't go through and verify the numbers for all 6900 banks, that's the FDIC's job!

 

You can get our data for free from the call reports, and holdco filings, what you can't do with those reports is screen them or quickly look at 9 quarters/years of information without downloading all the PDF's and building some giant albatross in Excel.  The data is the same between all the sites that provide this, where we are trying to stand out is by providing better tools.  Another item to consider is the call reports are built for regulators not investors. 

 

Thanks for giving the site a try!

 

Sanjeev, Ajc -

 

Thanks!

[Junto]

I stand corrected, I shouldn't comment when I was so tired. I was incorrect.

 

I know what you mean as I have built an excel model to track my competitors in my local market where we upload call report information into it every quarter.

 

When do you think Q3 will get updated?

 

 

 

 

[oddballstocks]

I stand corrected, I shouldn't comment when I was so tired. I was incorrect.

 

I know what you mean as I have built an excel model to track my competitors in my local market where we upload call report information into it every quarter.

 

When do you think Q3 will get updated?

 

Right now we're using the data that comes out 57 days after the quarter ends, so in the next week and a half or so we'll be updated.  Our goal is to move to the real time reporting which will give access to some banks before the 57 day deadline, although at 57 days past quarter end is the date that all banks are guaranteed to be updated.  Right now we update both banks and holding companies at the same time.  As I'm sure you know the only holding companies that will be updated in Q3 are those with over $500m in assets, which is about ~970, there are ~3700 holding companies with assets below $500m.

 

As I'm sure you saw, the site has a comparison feature as well.  You can save off the banks you're interested in comparing, log in once a quarter, send those banks to the compare page and download to Excel, all those hours of work compressed to 10m or less.

 

We're working to make the entire site Excel downloadable, it's on our test site now, hopefully it'll be live for all users in a week or so.  Users will be able to download a single data table (Loan & Lease Summary) or an entire page (Bank Summary, Asset Quality etc), or search/compare results.