bank_management(E)_Chapter3

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1、BankManagementWeek4ManagingNoninterestIncomeandNoninterestExpenseSchoolofBusinessCentralSouthUniversityManagingNoninterestIncomeandNoninterestExpenseCommonFinancialRatiosofExpenseControlandNoninterestIncomeGrowthCustomerProfitabilityandBusinessMixStrategiestoManageNoninterestExpense中间

2、业务与表外业务Discuss1.1TrendofNon-interestincomeAcommonviewamongbankmanagersandanalystsisthatbanksmustrelylessonnetinterestincomeandmoreonnoninterestincometobemoresuccessful.Thehighestearningbankswillbethosethatgenerateanincreasingshareofoperatingrevenuefromnoninterestsources.Thefundamentalis

3、sueamongmanagersistodeterminetheappropriatecustomermixandbusinessmixtogrowprofitsathighrates,withastrongfocusonfee-basedrevenues.1.2PressureonnetinterestmarginsItiswidelyrecognizedthatthedaysofrecord-breakingnetinterestmarginsforbanksarelonggone.Deregulationinthe1990sleadtoanincreaseinc

4、ompetitionAverageNIMfellsince1992duetothisincreasedcompetitionThegrowthininexpensive,coredepositsatbankshasslowedbecausecustomershavemanyalternatives,suchasmutualfundsandcashmanagementaccounts,thatoffersimilartransactionsandsavingsservicesandpayhigherrates.Loanyieldshavesimilarlyfalleno

5、narelativebasisbecauseofcompetitionfromnonbanklenders,suchasfinancecompaniesandleasingcompanies,andotherbanksthatcompeteforthemostprofitablesmallbusinessloans,creditcardreceivables,andsoon.NetInterestMarginsbyBankAssetSize,1992–20043.4%3.6%3.8%4.0%4.2%4.4%4.6%4.8%5.0%1992199319941995199

6、619971998199920002001200220032004NetInterestMargins$100M-$B<$100M>$1BNon-InterestincomeisincreasingasaproportionofnetoperatingrevenueTrendsinNetInterestIncomeandNon-interestIncome10%20%30%40%50%60%70%80%90%2009200720052003200119991997199519931991198919871985198319810%10%20%30%40%50%60%7

7、0%80%90%NetInterestIncomeNoninterestIncomeActualDataPredictedCompositionofnoninterestincome:forallFDIC-insuredbanksServiceChargesonDepositAccounts16.80%Fiduciary(信托)Income13.20%NetSecuritizationIncome10.40%NetServicingFees7.40%TradingGains&Fees8.00%InvestmentBanking/BrokerageF