Comenity Bank
Wilmington, Delaware · FDIC Cert #27499
Comenity Bank is an FDIC-insured bank (Certificate #27499) with $7.8B in total assets and $3.5B in total deposits as of the Q2 2024 Call Report. Headquartered in Wilmington, Delaware, the bank maintains a Tier 1 capital ratio of 18.03% (Well-Capitalized) and a nonperforming loan ratio of 3.74%. BankHealthData assigns a composite Health Grade of C (64/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Comenity Bank (FDIC cert 27499) is a mid-sized bank with $7.8B in total assets and $3.5B in deposits, based in Wilmington, Delaware. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 18.03% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 3.74% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 16.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 6.82% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Comenity Bank carries a composite BankHealth grade of C (64/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Comenity Bank
- Total Assets
- $7.8B
- Total Deposits
- $3.5B
- Tier 1 Capital Ratio
- 18.03%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.74%
- Liquidity Ratio
- 16.47%
- Return on Assets
- 6.82%
- Headquarters
- Wilmington, Delaware
- FDIC Certificate
- #27499
- Health Grade
- C (64/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Comenity Bank holds a Tier 1 capital ratio of 18.03%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Comenity Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Comenity Bank shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Comenity Bank Compares
Comenity Bank’s Health Score of 64 is 8 points below the Delaware state average of 72 across 24 FDIC-insured banks. Its 18.03% Tier 1 capital ratio is 4.0 points above the US banking industry average near 14%. The 3.74% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 6.82% is in line with or above the national ROA benchmark of ~1.1%. Among 203 similarly-sized banks, the average Health Score is 75, meaning this bank ranks below its size cohort. Site-wide, Comenity Bank is 6 points below the portfolio average of 70.
Frequently Asked Questions
Comenity Bank has a Bank Health Score of C (64/100), placing it in average financial health. It holds a Tier 1 capital ratio of 18.03%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Comenity Bank's Tier 1 capital ratio of 18.03% and nonperforming loan ratio of 3.74% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Comenity Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27499). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Comenity Bank holds $7.8B in total assets and $3.5B in total deposits. It is headquartered in Wilmington, Delaware (FDIC Certificate #27499).
Comenity Bank has a Tier 1 capital ratio of 18.03%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 3.74%, and the return on assets is 6.82%.
Yes. Comenity Bank is FDIC-insured (Certificate #27499). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Comenity Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.