If you invest in the stock market, or just fall into rabbit holes of arcane internet tidbits - you may have come across something called the Texas Ratio.
"The Texas ratio was developed to warn of credit problems at particular banks or banks in particular regions. The Texas ratio takes the amount of a bank's non-performing assets and divides this number by the sum of the bank's tangible common equity and its loan loss reserves. A ratio of more than 100 (or 1:1) indicates that non-performing assets are greater than the resources the bank may need to cover potential losses on those assets." - https://www.investopedia.com/terms/t/texas-ratio.asp
What the ratio will never tell you is how predatory the bank is. The Texas Ratio wont tell you if the mega bank is looking at your hedge fund trades and front loading to skim a little off the top. Or if the bank is rearranging the order of your personal transactions coming in so you will pay the most fees for unavailable funds. Or if the bank you are analyzing is speculating in risky mortgages.
The Texas Ratio wont tell you why we still need Glass-Steagall. But common sense will.
