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Thomas Letty

Research Analyst at RBC Capital Markets

Thomas Letty is an analyst at RBC Capital Markets specializing in equity research, though publicly available sources do not provide his exact title, covered companies, or detailed performance track record. There is no substantial information confirming his specific sector focus, notable investment returns, TipRanks rankings, or covered firms. His LinkedIn profile or FINRA records could not be located through standard search, and no record of securities licenses or professional credentials has been found. Most public and industry databases do not include further background or recognitions attributable to Thomas Letty at RBC Capital Markets.

Thomas Letty's questions to FITB leadership

Thomas Letty's questions to FITB leadership • Q4 2024

Question

Thomas Letty, on behalf of Gerard Cassidy, asked for the 2025 outlook on deposit rates assuming the Fed is done cutting, and requested color on the quarterly increase in C&I nonaccrual loans.

Answer

CFO Bryan Preston projected continued modest reductions in deposit costs, aided by maturing CDs, with the ultimate trajectory dependent on loan growth. Chief Credit Officer Greg Schroeck explained the C&I nonaccrual increase was driven by a few specific credits without a discernible trend, noting the largest inflow is expected to pay down within the first half of the year.

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