George Schaefer
George Schaefer
date fund further growth interest loan net prevent sufficient year
Deposit growth year to date has not been sufficient to fund loan growth or to prevent further contraction in the net interest margin,
businesses credit excellent fee lending overcome performance results strong trends
Strong lending results, respectable deposit growth, well-behaved credit trends and excellent results from some of our fee businesses have not been enough to overcome the performance in spread-based revenues.
company continue growth hard improving ourselves view work
We continue to view ourselves as a growth company and continue to work hard at improving the numbers,
agree consensus environment harder interest rate react steps taking
We agree with the consensus out there about the interest rate environment, and we are taking steps to react to that by working harder on the deposit side,