# Earnings Growth, Bank Exposure to Nonbanks, and Constructive Pessimism

Page: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/earnings-growth-bank-exposure-to-nonbanks-and-constructive-pessimism
Text version: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/earnings-growth-bank-exposure-to-nonbanks-and-constructive-pessimism.md
Podcast: [Van Hesser's 3 Things in Credit - A KBRA Podcast](https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838)
Published: 2026-04-24T15:52:23+00:00
Episode link: https://podcasters.spotify.com/pod/show/kbra981/episodes/Earnings-Growth--Bank-Exposure-to-Nonbanks--and-Constructive-Pessimism-e3idomu
Audio file: https://anchor.fm/s/109cbc12c/podcast/play/118988958/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-3-24%2F655a1c14-1237-ebae-fdea-4f402a2e22cb.mp3
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Duration seconds: 704

## Resource

This week, our 3 Things are: Earnings growth. One observer describes earnings growth as “soaring.” Is that right? Bank exposure to nonbanks. Should we be worried about the linkage? Constructive pessimism. It’s present and it’s bondholder-friendly.

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## Transcript

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