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BlastPoint's Banking Scorecard

Principal Bank

Mid-Market Specialty: Mortgage IA FDIC cert 34507

Des Moines, IA

201 banks in Mid-Market tier nationally 2 in IA
View Mid-Market leaderboard (IA) →

Principal Bank has 1 strength but faces 3 concerns

Key Strengths

Areas where this bank excels compared to peers

  • + Loan-to-Deposit Ratio 53.08% below tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 24% in Mid-Market
  • - Margin Compression: Bottom 33% in Mid-Market
  • - Non-Interest-Bearing Deposit Share 20.54% below tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (IA) National Avg Tier Percentile
Total Assets ? $9.3B
+6.1% YoY +3.6% QoQ
-$1.1B $10.5B
+2.9% YoY
$554.4M
+4.9% YoY
$5.9B
+6.5% YoY
59%
Total Loans ? $2.8B
+18.4% YoY +8.6% QoQ
-$4.3B $7.1B
+4.5% YoY
$379.4M
+5.5% YoY
$3.1B
+8.5% YoY
Bottom 4% in tier
Total Deposits ? $8.8B
+5.4% YoY +3.8% QoQ
+$251.1M $8.5B
+3.0% YoY
$463.0M
+4.7% YoY
$4.7B
+6.3% YoY
69%
Return on Assets ? 1.24%
-12.6% YoY +12.0% QoQ
+0.08% 1.16%
+9.4% YoY
1.18%
+29.0% YoY
1.12%
+15.6% YoY
55%
Net Interest Margin ? 2.45%
-1.8% YoY +0.5% QoQ
-0.95% 3.40%
+7.9% YoY
3.37%
+11.5% YoY
3.75%
+7.1% YoY
Bottom 15% in tier
Efficiency Ratio ? 47.85%
+5.7% YoY -5.1% QoQ
-8.75% 56.60%
-3.2% YoY
59.86%
-8.6% YoY
65.09%
-5.1% YoY
81%
Delinquency Rate ? 0.47%
+9.9% YoY +6.3% QoQ
-0.22% 0.68%
+12.0% YoY
0.57%
+48.1% YoY
0.66%
+20.3% YoY
61%
Loan-to-Deposit Ratio ? 32.39%
+12.4% YoY +4.6% QoQ
-53.08% 85.47%
+1.1% YoY
79.50%
+1.5% YoY
78.04%
+0.7% YoY
Top 2% in tier
Non-Interest-Bearing Deposit Share ? 0.10%
+1.1% YoY -4.9% QoQ
-20.54% 20.64%
-0.3% YoY
18.11%
-1.9% YoY
21.79%
-1.3% YoY
Bottom 3% in tier
Nonperforming Asset Ratio ? 0.14%
+22.6% YoY +11.4% QoQ
-0.36% 0.50%
+7.3% YoY
0.44%
+46.5% YoY
0.48%
+20.8% YoY
82%
Tier 1 Capital Ratio ? 15.46%
-4.5% YoY -1.9% QoQ
+1.91% 13.55%
+1.8% YoY
8.07%
-1.4% YoY
9.75%
-1.9% YoY
84%
Non-Interest Income / Assets ? 0.77%
-34.1% YoY +48.9% QoQ
-0.18% 0.96%
+7.1% YoY
0.46%
+1.9% YoY
0.65%
+0.6% YoY
62%

Signature Analysis

Strengths (1)

Loan-to-Deposit Ratio

metric
Top 2% in Mid-Market
Why this stands out
Current: 32.39%
(Tier avg: 85.47%, National avg: 78.04%)

Concerns (3)

Credit Quality Pressure

risk
#28 of 113 · Bottom 24% in Mid-Market

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.47%
(Tier: 0.68%, National: 0.66%)
better than tier avg
113 of 113 Mid-Market banks match · 961 nationally
→ Stable +22 banks QoQ

Margin Compression

decline
#7 of 19 · Bottom 33% in Mid-Market

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature
Return on Assets: 1.24%
(Tier: 1.16%, National: 1.12%)
better than tier avg
19 of 19 Mid-Market banks match · 147 nationally
→ Stable -9 banks QoQ

Non-Interest-Bearing Deposit Share

metric
Bottom 3% in Mid-Market
Why this stands out
Current: 0.10%
(Tier avg: 20.64%, National avg: 21.79%)

Metric Rankings

How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.

Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%

Comparing against 201 peers in Mid-Market tier

Top Strengths

98
Loan-to-Deposit Ratio
Current: 32.39% · Tier avg: 85.47%
98th pctile
84
Tier 1 Capital Ratio
Current: 15.46% · Tier avg: 13.55%
84th pctile
82
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
82th pctile
81
Efficiency Ratio
Current: 47.85% · Tier avg: 56.60%
81th pctile
69
Total Deposits
Current: $8.8B · Tier avg: $8.5B
69th pctile
62
Non-Interest Income / Assets
Current: 0.77% · Tier avg: 0.96%
62th pctile
61
Delinquency Rate
Current: 0.47% · Tier avg: 0.68%
61th pctile
59
Total Assets
Current: $9.3B · Tier avg: $10.5B
59th pctile
55
Return on Assets
Current: 1.24% · Tier avg: 1.16%
55th pctile
15
Net Interest Margin
Current: 2.45% · Tier avg: 3.40%
15th pctile
4
Total Loans
Current: $2.8B · Tier avg: $7.1B
4th pctile
3
Non-Interest-Bearing Deposit Share
Current: 0.10% · Tier avg: 20.64%
3th pctile

Top Weaknesses

3
Non-Interest-Bearing Deposit Share
Current: 0.10% · Tier avg: 20.64%
3th pctile
4
Total Loans
Current: $2.8B · Tier avg: $7.1B
4th pctile
15
Net Interest Margin
Current: 2.45% · Tier avg: 3.40%
15th pctile
55
Return on Assets
Current: 1.24% · Tier avg: 1.16%
55th pctile
59
Total Assets
Current: $9.3B · Tier avg: $10.5B
59th pctile
61
Delinquency Rate
Current: 0.47% · Tier avg: 0.68%
61th pctile
62
Non-Interest Income / Assets
Current: 0.77% · Tier avg: 0.96%
62th pctile
69
Total Deposits
Current: $8.8B · Tier avg: $8.5B
69th pctile
81
Efficiency Ratio
Current: 47.85% · Tier avg: 56.60%
81th pctile
82
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
82th pctile
84
Tier 1 Capital Ratio
Current: 15.46% · Tier avg: 13.55%
84th pctile
98
Loan-to-Deposit Ratio
Current: 32.39% · Tier avg: 85.47%
98th pctile
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