Capital Ideas Podcast How analysts think about banks: AI, regulation and the consumer
22 snips
Dec 18, 2025 In this engaging discussion, equity analyst Matt Antle, who boasts eight years of experience at Capital Group, shares his insights into the banking sector. He highlights how AI is enhancing productivity and evolving risks, and discusses the competitive landscape for credit card issuers. Antle elaborates on regulatory impacts, jokingly refers to private credit as 'frenemies,' and suggests stablecoins may disrupt international payments. His unique experiences, from breaking into finance to fun anecdotes, showcase both persistence and a sense of humor!
AI Snips
Chapters
Transcript
Episode notes
Sign Outside The Boston Fed
- Matt Antle literally stood outside the Boston Fed with a sign saying "Help wanted. I need to learn how to analyze a bank" to get meetings.
- That persistence led to ~100 sit-downs and launched his bank coverage expertise.
Use A Three-Vector Sifting Process
- Use a three-vector sifter: financial metrics, qualitative conversations, and macro info to analyze banks.
- Apply that framework consistently and overlay valuation to pick names and position size.
AI Is Early But Will Drive Revenue
- AI is still in the "first inning" for banks, mainly boosting productivity and fraud detection today.
- Over time Matt Antle expects AI to shift into direct revenue production like improving bond pricing.