Calcbench

Screening for credit stress across a bank cohort Ahead of Q2 2026 bank earnings, we wanted to answer a specific question: is there evidence that bank customers — consumer and commercial borrowers alike — are under rising credit stress? Not for one bank, read off a single 10-Q, but systematically, across the sector, using Calcbench's standardized data. This post walks through the method, what it found, and a wrinkle along the way that's arguably the more important lesson: a systematic screen is only as good as your willingness to double-check what it flags. The method Provision for loan loss (PLL) is the natural starting point for a credit-stress question — it's the expense banks book each quarter in anticipation of loans going bad. But raw PLL dollars are a noisy signal on their own. A bank's provision grows simply because its loan book is growing, independent of whether borrower quality is deteriorating. To separate “more loans” from “worse loans,” we normalized pr...

Earnings releases and quarterly reports for Q1 2026 will start arriving in large numbers this week and next. One issue sure to be on the minds of financial analysts will be the war in Iran and how that fighting might affect corporate operations — so where should you look for disclosures that might help you understand a company’s exposure to that risk? Many businesses will offer some thoughts about the war in their earnings releases, calls with analysts, and quarterly reports; but those aren’t the only sources of information that exist. Today let’s do a quick review of other disclosures companies might make, and how you can find them on Calcbench. For example, one often-overlooked disclosure is a company’s list of subsidiaries. If a company you follow has extensive operations in the Middle East, that could mean those facilities are vulnerable to attack, which in turn might have substantial implications for a company’s operations, earnings, and assets on the balance sheet. You can find ...

Calcbench is always striving to provide more data to our subscribers, so you can put that data to good use driving better financial analysis. To that end, today we kick off a short series of posts on new tax payment disclosures that companies are now making: what that data is, what it tells you about corporate financial performance, and how you can find it in Calcbench.  This is the same dataset Calcbench provided to The Wall Street Journal for its March 20 story about corporate cash taxes paid. Our tale begins in 2023, when accounting rule-makers adopted a new standard formally known as ASU 2023-09, Improvements to Income Tax Disclosures . The standard requires companies to report the actual taxes they pay to different jurisdictions around the world, so long as those individual amounts are at least 5 percent of total taxes the company pays that fiscal year.  For most companies, ASU 2023-09 went into effect with their 2025 fiscal years, which means we’re seeing these new...

Some of you may have noticed that companies are disclosing more tax information lately, thanks to a new accounting rule that requires filers to break out taxes paid to federal, state, local, and even overseas tax authorities. If tax analysis is your thing, fear not! Calcbench has an easy way to find all this information and we’ve even cooked up a template to track tax disclosures automatically. These new disclosures arise from updates to tax accounting rules that the Financial Accounting Standards Board adopted in 2023 , and which went into effect with annual 10-K filings that companies started to make this month. Previously, companies only disclosed a single number for “income tax provisions.” Now they must report individual amounts and percentages for a variety of taxes paid or tax credits claimed, and do so in a nice table format. One of the first companies to report these new details was Netflix ($NFLX), with its annual report filed on Jan. 23. Figure 1, below, is the new table tha...

Companies are now filing Q4 and full-year earnings reports fast and furious, and some number of financial analysts out there will want to know what companies are saying about tariff-related charges.  If you just do a quick text search for “tariff” you’re wasting time, because a tremendous number of companies include the word “tariff” as part of a meaningless, boilerplate disclosure. For example, “Our performance might be affected by numerous risks, such as tariffs or an asteroid hitting Earth,” or that sort of thing.  Fortunately, Calcbench offers an easy way to find informative disclosures about tariffs, such as when companies report some specific tariff cost. Let’s walk through that cheat code now. Begin on our Earnings Release Raw Data page , where you can search through all the GAAP and non-GAAP disclosures companies include in their earnings releases. You’ll see something like Figure 1, below.  You’ll want to configure your search parameters to match what you see ab...