August 2024 Peer Comparison Release
August 2024
We are excited to bring you one of the largest updates to Peer Comparison since our launch. Read about the changes below, then log in to your account to start utilizing them in your analysis!
New to Peer Comparison?
There is no better time to sign up for an account than right now! LakeHouse gathers, transforms, and presents data straight from the call report. Our visuals make your data understandable for all levels of your organization. Schedule a demo below to get a walkthrough of our system using examples from your bank.
1.Targeted Groups Page
We’ve adjusted this page to help hone in on specific metric values to create more precise peer groups. This change will help you further identify banks whose metrics you are interested in targeting.
2. Credit Quality Room
We’ve added an entirely new room that allows you to take a deep dive into how your loans are performing by segment against your peer groups. Using the timeline slider, you will be able to gather historical charge-off rates for your CECL assumptions.
3. Competitor Watch on the Quarterly Page
The new Competitor Watch tab separates individual peers from the overall group performance. This allows you to view essential metrics directly next to three of your chosen peers, while the quarterly group performance tab focuses on the relationship between you and your peer group.
As always, we are here for any issues, questions, or suggestions you may have at support@lakehousesystems.com.
