Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions. percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

Jeff For Banks

JANUARY 14, 2021

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. When I made that speech in 2008, there were approximately 8,500 FDIC-insured financial institutions and today that is around 5,000, a 40% decline.

Community Bank 130

Community Bank Community FDIC Strategy 130

Jeff For Banks

DECEMBER 26, 2012

In its latest investor presentation, BofI highlighted it''s expense ratio (operating expense as a percent of average assets) compared to peer as 1.67% versus 3.17%, respectively, and efficiency ratio (operating expense as a percent of total revenue) compared to peer as 35% versus 63%, respectively. Well done! #3. Coincidence?

Texas 79

Texas National FDIC Capital 79

Jeff For Banks

NOVEMBER 3, 2012

If it costs, on average, $600,000 per year in operating expenses to run a standard branch, wouldn''t it make sense to build a large, marquis-type branch in every other town that cost $800,000 per year? One such bank, First National Bank & Trust of Newtown (PA), had a similar branch as my client''s (see photo).

National 103

National FDIC Strategy Groups 103

Jeff For Banks

MARCH 3, 2018

When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. They can be a strategic shift of your franchise, a new product line, or a new operating environment. Sticking with the Apple theme, in 2007, they launched the iPhone. Today there are less than 5,700. A 26% decline. Was I a futurist?

Apple 66

Apple Millennials Massachusetts FDIC 66

CB Insights

DECEMBER 4, 2019

Below is a timeline of some of the major Amazon Pay milestones: Amazon’s first known payments product, Pay with Amazon, launched in 2007. In 2007, the company also invested in Bill Me Later (fka I4 Commerce). The 2017 FDIC National Survey of Unbanked and Underbanked Households shows: Approximately 6.5% adults and 6.4M

Cards 101

Cards Lending Strategy US 101