Robert Albertson Q3 Take

Posted inCommercial Banking
As we’ve done in previous quarters, the first take of the quarter was written by Robert Albertson, one of the better tea leaves readers I know.  Overview:  While the vast bulk of third quarter bank operating results were strong and generally above estimates, a handful of credit issues has driven bank stock valuations lower, some sharply so.  Most investors have succumbed to the fear that this could be an industry-wide alert, but the issues that have…

Today’s Strategic Opportunities Beyond Digital Transformation

Posted inStrategy
Regional banks are increasingly turning to digital tools to differentiate themselves. Simple examples range from integrating tools such as Yodlee's account aggregation and financial wellness tools into your digital platform to a stretch goal such as an omnichannel digital strategy. Investment in digital tools that fit your value proposition aimed at achieving specific goals (vs. “digital transformation”) can achieve simultaneously cost reduction and service enhancement results by  streamlining onboarding, enhancing fraud prevention, or enabling hyper-personalized…

Banking vs. Digital Banking:  Branches Still matter

Posted inOperations
Regulators are subtly shifting their position about digital banking, They now require reporting of digital deposits and wholesale deposits (e.g. FHLB borrowings) together. Is that a capricious move or do they know something we don’t? Digital banking is ubiquitous. From mobile apps and online portals to contactless payments and AI-powered support, customers are managing their finances faster and more conveniently than ever. For many, especially mobile-first users, banking often means never setting foot in a physical branch.…