Remove Community Remove Comparison Remove Marketing Remove Operations
article thumbnail

Fee Income In Lending Is Crucial For Banks

South State Correspondent

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). For example, 40% of JP Morgan’s commercial banking revenue is derived from fee income, and JP Morgan’s commercial banking division is composed of middle-market and commercial real estate (CRE) lending.

Lending 195
article thumbnail

Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

Marketing and technology (IT) are two budgets that have taken the most significant hit. Bank IT Spending as a Percent of Operating Expenses Looking at IT bank spending against operating expenses provides bank executives with another benchmark view. As such, bank budgets have come under scrutiny. and 11.1%, with a median of 8.1%

Capital 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

article thumbnail

How a Loan Hedge Leverages The Yield Curve – Part II

South State Correspondent

The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years). The borrower chose the ten-year fixed-rate option, and the economic comparisons for the lender and borrower are outlined below.

article thumbnail

Work Spaces Serve Up Coffee With Community In Apartment Buildings

PYMNTS

The operation itself leads to higher-asset level goals,” Hightower added. And the spaces, too, can be a marketing tool as the coworking spaces bring in members who are introduced to the apartments. The Target Market. On one end are those you might think of as the target market for coworking spaces — gig economy workers.

Community 119
article thumbnail

Singapore Provides ‘Springboard’ To Asian Markets For FinTech

PYMNTS

Hong Kong, by comparison, saw $596.8 Singapore has a FinTech-friendly regulatory framework and has been a good springboard for us to expand into other Asian markets,” InstaReM Co-founder & CEO Prajit Nanu told PYMNTS.com. Another Singapore-based FinTech firm, Silot , seeks to streamline banking operations. million that year.

Fintech 107
article thumbnail

The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

Now, in 2020, with a few years of licensed banking operations, we can take a sober look at what the data is really worth today. The massive digital payments volumes figures and money market amounts eclipsed all expectations. In American terms, you should think of Visa or MasterCard as a comparison, or maybe American Express.