Taking a Pulse with Financial Institutions: 2020 Profitability Strategies
With the advent of COVID-19 and the resulting economic downturn and uncertainty, accurately identifying your profitability drivers is critical. It is imperative to understand how your customers, relationships, branches, channels, officers and products contribute to the bottom line.
Finance leaders concur. In joint research recently conducted by Kaufman Hall and FMS, 87% of financial institutions said they should to do more to leverage profitability analysis to inform strategic decisions.
Join finance leaders from Umpqua Bank, Baxter Credit Union, and First Midwest Bank, and finance experts from FMS and Kaufman Hall, for a panel discussion of our research results―and learn how today’s profitability management has changed in the face of COVID-19 and the current economic environment.