10 biggest winners and losers on loan sales in Q4

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For loan sales in the fourth quarter of 2024, the 10 biggest winners saw an average net gain on the sale of loans and leases of $53.07 million. The biggest losers saw an average net loss on sale of loans and leases of $1.27 billion.

The biggest winner, U.S. Bank, had a net loss of $90 million in the three months ended Dec. 31, while TD Bank was the biggest loser, with a net loss of $908.2 million.

Read more about the biggest winners and losers on fourth-quarter loan sales.

Source: S&P

Losers

Ranking Company Total Assets($B) Net gains/loss on sale
of loans and leases
Q4 2024 ($M)
Net gains/loss on sale
of loans and leases
2024 ($M)
Net gains/loss on sale
of loans and leases
2023 ($M)
10 Amerant Bank 9.9 -10.9 -8.8 -42
9 SoFi 36.25 -16.1 46 377.3
8 NexBank 14.37 -24.2 -2.6 2.5
7 Cross River Bank 8.33 -24.3 -143.8 -7.5
6 Washington Trust -6.94 -60.80 -54.3 3.2
5 Western Alliance Bank 80.93 -63.3 36.8 -79.6
4 Citibank 2,352.95 -64 55 -150
3 Goldman Sachs 1,675.97 -69 -344 -712
2 HomeStreet Bank 8.12 -85 -76.9 9.3
1 TD Bank 540.34 -908.2 -898.3 8.5

Winners

Ranking Company Total Assets($B) Net gains/loss on sale
of loans and leases
Q4 2024 ($M)
Net gains/loss on sale
of loans and leases
2024 ($M)
Net gains/loss on sale
of loans and leases
2023 ($M)
10 Luminate Bank 0.34 34.3 126.6 104.6
9 KeyBank 187.18 39.9 141.3 155.6
8 The Federal Savings Bank 1.18 41.8 157.1 135.1
7 Wells Fargo 1,929.85 43 189 216
6 Huntington Bank 204.23 44.7 151.2 139.8
5 Morgan Stanley 1,215.07 45 10 -25
4 PNC Bank 560.05 59.3 133.1 153.3
3 Square 0.93 60.6 244.3 214.3
2 Hilltop Securities 16.27 72.1 298.8 274
1 U.S. Bank 678.32 90 288 237

Losers

Chart showing biggest losers on loan sales in Q4 where Amerant Bank ranks 10th.
Chart showing biggest losers on loan sales in Q4 where SoFi ranks 9th.
Chart showing biggest losers on loan sales in Q4 where NexBank ranks 8th.
Chart showing biggest losers on loan sales in Q4 where Cross River Bank ranks 7th.
Chart showing biggest losers on loan sales in Q4 where Washington Trust ranks 6th.
Chart showing biggest losers on loan sales in Q4 where Western Alliance Bank ranks 5th.
Chart showing biggest losers on loan sales in Q4 where Citibank ranks 4th.
Chart showing biggest losers on loan sales in Q4 where Goldman Sachs ranks 3rd.
Chart showing biggest losers on loan sales in Q4 where HomeStreet Bank ranks 2nd.
Chart showing biggest losers on loan sales in Q4 where TD Bank ranks 1st.

Winners

Chart showing biggest winners on loan sales in Q4 where Luminate Bank ranks 10th.
Chart showing biggest winners on loan sales in Q4 where KeyBank ranks 9th.
Chart showing biggest winners on loan sales in Q4 where The Federal Savings Bank ranks 8th.
Chart showing biggest winners on loan sales in Q4 where Wells Fargo ranks 7th.
Chart showing biggest winners on loan sales in Q4 where Huntington Bank ranks 6th.
Chart showing biggest winners on loan sales in Q4 where Morgan Stanley ranks 5th.
Chart showing biggest winners on loan sales in Q4 where PNC Bank ranks 4th.
Chart showing biggest winners on loan sales in Q4 where Square ranks 3rd.
Chart showing biggest winners on loan sales in Q4 where Hilltop Securities ranks 2nd.
Chart showing biggest winners on loan sales in Q4 where U.S. Bank ranks 1st.
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