What is the special calculation for determining sales on banks?
BetterInvesting's recommendation for analyzing banks is to incorporate the Net Interest Income and NonInterest Income into the revenue (sales). By doing this, the effect of changing interest rates on the revenue number is reduced and a clearer picture of the actual revenue is obtained for the bank. Therefore we provide an alternate revenue number for banks. Bank revenue is calculated in this way for both CoreSSG and SSGPlus.
Net Interest Income (not tax adjusted) + Total Non-Interest Income
The fields used to generate this data are the following:
Net Interest Income = Total Interest Income - Total Interest Expense
Total Non-Interest Income = Sales - Total Interest Income
BACK TO QUESTION LIST
