Arkenstone Research
Learning and writing about banking—how returns, risk, and balance sheets interact across cycles.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 16 | Founded | 8 months ago | Last Issue | 4 months ago |
| Active | |||||
Read this Newsletter
arkenstoneresearch.substack.comLatest Issues
Does Size Matter in Banking? (Part 2)
Breaking Down Performance by Bank Size
In Part 1 of this series, we looked at performance through the lens of ROE and asked a simple question: does scale translate into better returns?
The answer was more nuanced than many might expect...
How To Analyze Bank Income Statements
The Core Framework (4 Layers)
Think of a bank income statement in four analytical layers, each capturing a different aspect of earnings quality and risk.
Below is a visual summary of the framework — followed by a deeper breakdown of e...
Does Size Matter in Banking? (Part 1)
A common assumption in banking is that bigger banks should earn higher returns. Scale brings operating leverage, funding advantages, and diversification—so, in theory, large banks should consistently outperform smaller ones on return on equ...
Decomposing Bank Returns: Application — Northrim BanCorp (NRIM)
Introduction
In a prior post, Decomposing Bank Returns: From ROE to Operating Drivers, I laid out a simple framework for analyzing bank performance by working backward from return on equity (ROE) to the underlying operating drivers. The...
A Primer on U.S. Banking
This post was written at the request of to provide a high-level overview of banking for his subscribers. Thanks to for the idea — you can find his work at .
This post is intended as a practical introduction to U.S. banking, written for i...
Key Facts
Audience Metrics
Subscribers, engagement, traffic and sponsorship for Arkenstone Research.
| Subscribers | Engagement | 73 | Monthly Web Visits | ||
|---|---|---|---|---|---|
| Accepts Sponsors | Estimated Cost per Ad | ||||
Explore More
Authors
The writers behind this newsletter.
Learning and writing about banking—how returns, risk, and balance sheets interact across cycles.
Frequently Asked Questions
How can I access the email archive for Arkenstone Research?
You can find recent issues that have been published by Arkenstone Research on Reletter by scrolling up to where it says Latest Issues. Tap on the link for any of the most recent emails or hit More Issues to see older ones.
How many subscribers does Arkenstone Research have?
To see how many people subscribe to Arkenstone Research, simply upgrade your Reletter account. We provide readership numbers and lots of other stats for this newsletter so you can decide if it's worth reaching out to.
How can I advertise in Arkenstone Research?
Newsletter advertising can be extremely effective when it's done right. Before you pitch Arkenstone Research as a potential sponsor or partner, make sure that you've done your research and checked its newsletter stats with Reletter.
Then, personalize one of our winning pitching templates and send it to the right person using the contact info provided.
How much does it cost to sponsor a publication like Arkenstone Research?
Newsletter ad rates (or CPM) vary depending on many factors, including industry, number of subscribers, open rate, ad placement and more.
To find out how much an ad will cost, contact Arkenstone Research using the contact information provided and ask for a copy of their media kit.
How can I find newsletters related to Arkenstone Research?
Scroll up to where it says Related Newsletters to see other publications like Arkenstone Research. You can also search our email newsletter directory to discover other newsletters that cover the topics you're interested in.
How do I contact Arkenstone Research?
Reletter provides this newsletter's website URL above, where you will often find their contact information. We also provide links to associated social media accounts and pitching templates so you can reach out fast.