BRENTWOOD, TENN., February 26, 2013 – Thirty-five percent of bankers and bank directors list continued net interest margin compression as the top concern for their banks, with another 25 percent citing loan demand, reveals an audience survey conducted by Bank Director and Grant Thornton LLP of more than 250 bank CEOs and directors attending the organization’s annual mergers and acquisitions conference January 28. Concerns with the net interest margin and loan demand are connected, as low interest rates and low loan demand diminish margins. Al Dominick of Bank Director and Nichole Jordan of Grant Thornton LLP conducted the audience survey at Bank Director’s Acquire or Be Acquired conference in Scottsdale, Arizona, which was completed by 273 CEOs, senior officers and directors of U.S. banks. Key findings include:
Grant Thornton further explores these results in a free video now available on BankDirector.com, focusing on how banks can address loan demand and compressed net interest margins. The survey results are available online at BankDirector.com.
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Since 1991, Bank Director has served as a leading information resource for the directors and officers of financial institutions. Throughout the year, Bank Director asks officers and directors of financial institutions to share their thoughts on board-specific issues like compensation, managing risk, growth, board liability and strategic planning. Bank Director’s research and analysis provides a bank's board members with unparalleled insight and information. In addition to research, Bank Director reaches the leaders of the banking industry through its quarterly magazine, annual conferences, and its website, BankDirector.com. Bank Director is published by DirectorCorps, and headquartered in Brentwood, Tennessee.
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In the U.S., visit Grant Thornton LLP at www.GrantThornton.com/financialservices.
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