Real estate pain for US regional banks is piling up, say investors

NEW YORK/WASHINGTON, Feb 12 (Reuters) – New York Community Bancorp’s (NYCB.N), opens new tab exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily property loans.

Fears about the health of the smaller banks have escalated again a year after the collapse of Silicon Valley Bank in spring of 2023 triggered a regional banking crisis.