What is the Process and Timing of the Analysis?

In today's fast-moving world, it is important to have information that is up-to-date and forward-looking. Annual reports are guaranteed to be out of date by the time they are printed. Because an Invictus Report will use the most recent quarterly data, and is forward-looking, it gives a far more accurate assessment of a bank's financial health.

In the U.S., Invictus analysis is based onquarterly "Call Report" data that banks file with the FDIC, plus other macro data from our proprietary database. .

We do a preliminary run of our analysis and ratings when we have 75% of the bank and thrift data available -- this is typically 35-40 days after the end of each quarter. A final run, production of final reports and the Invictus Ratings™ and Invictus Ratio occurs approximately 50 days after the end of each quarter. At this stage we will have output noted in the diagram below, and construct the Invictus Sustainability Reports, Invictus Insurance and Invictus Investor reports on all 7000+ banks for that financial quarter.

For our client banks, we can run our analysis upon the supply of loan-level data -- so giving an up-to-the-minute results.

For bank investors, give us your input assumptions and we'll produce the results to your specifications.