Banks continued to build profitability, and while it was at a slower pace than last quarter, the bottom line continued to improve.
Tag: Quarterly Update
We will start right off with the bottom line – Return on equity (ROE) sharply increased for the industry from 7.90% to 8.32% for the first quarter of 2017. Community banks did better than most of their national brethren as ROE increased from 8.51% to 8.86% quarter-over-quarter.
Unlike Phelps, Biles and Bolt, the second quarter of 2016 was no GOAT. In fact, it was completely average. While that doesn’t sound too enticing to motivate you to read on, there are some trends that you should know about and in this post, we break down current industry trends and give you a complete board-ready presentation at the bottom that you can share to make your team smarter (and save you time).