Expense Reduction - The Sequel

In a previous posting we questioned the industry’s focus on expense reduction.  It appears some in the industry are looking at top-line revenue.   The American Banker reported that community banks are taking a serious look at the affluent.  The article states that as revenue growth has diminished, more community banks are looking to expand their wealth management and trust operations – now that is encouraging. 

I have included a link to the story should you wish to read it.  Community Banks Take a Serious Look at the Affluent -

I would encourage all of you to begin to look at your existing portfolio for the optimization of risk-adjusted revenue.  Contact Bearmoor if you would like an analysis done on the results for your institution.