Cost of cash is extra painful for privately held banks.

Autor:	Daniels, Steve (AUTHOR)
Předmět:	INTEREST rates, COMMERCIAL real estate, LOANS, COMMERCIAL loans, BANK deposits, INVESTORS, COMMERCIAL real estate loans
Zdroj:	Crain's Chicago Business. 8/14/2023, Vol. 46 Issue 32, p1-1. 1p.
Abstrakt:	Ordinarily, unless loans are souring because of recessionary conditions, loan growth like that would mean a major increase in net interest income; a decrease would be almost unimaginable. The net result: Net interest income - money made on loans and securities minus cash paid to depositors and lenders - fell to $17.7 million from $22.5 million despite loan growth of 27% in the year that ended June 30. Banks' cost of cash has risen so dramatically in the past year that many are seeing the money they earn on loans and other assets drop despite substantial loan growth. [Extracted from the article]
Databáze:	Regional Business News
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