_Buyers Are on The EDGE_

- Banks Failing Will Have A Huge Affect

Bank failures happen more often than you might think—there have been 567 in the U.S. since we entered the new millennium. That’s an average of almost 25 per year.

But the back-to-back collapses of Silicon Valley Bank (SVB) and Signature Bank—followed by the failure of First Republic Bank just seven weeks later—are unique in more ways than one. Our analysis of the FDIC’s database reveals what makes the recent failures stand out and offers context to compare these collapses to earlier bank failures.