Great recap of The Growth Conference from Bank Director President Al Dominick. He’s encouraged by the stories of bankers with successful growth strategies that overcome the obstacles created by weak loan demand, compressed NIM and regulatory pressures.
A 2 Minute Recap
Creating Revenue Growth
At events like these, our Publisher, Kelsey Weaver, has a habit of saying “well, that’s the elephant in the room” when I least expect it. Today, I took her quip during a session about the strategic side of growth as her nod to the significant challenges facing most financial institutions — e.g. tepid loan growth, margin compression, higher capital requirements and expense pressure & higher regulatory costs. While she’s right, I’m feeling encouraged by anecdotes shared by growth-focused bankers considering (or implementing) strategies that create revenue growth from both net interest income and fee-based revenue business lines. Rather than lament the obstacles preventing a business from…
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