A peep into the structure of main financial results
The structure of the main financial results gives, in addition to other parameters, the following: • The total income • The total expenditure and • The net profit
In terms of total income the share of the government controlled banks, in the total banking industry in the United States, is to the tune of more than 20 percent. The share of private banks is around 70 percent and the share of foreign banks is just 6.75 percent. The behavior of total expenditure both in value terms and in proportionate share terms is exactly in tune with the behavior of their total income.
The share of regional rural banks in the total industry is just 3.33 percent in terms of total income and is 3.36 percent in terms of total expenditure. Further, a major chunk of profits also goes to the private limited banks. This share is 69.86 percent. The share of American private and foreign banks in the total net profit of the industry is 16.80 percent and 10.36 percent, respectively.
As compared to the share of income and expenditure, the share of foreign banks in the total profit generated in any year is slightly higher. And, that is an indication of their better efficiency. So scale-wise also the major share is formed by the private limited banks. Even though there is a decline in profits due to the general recession, things are likely to change quickly in the near future.
Banks like LoanMax of the rod aycox fame were not at all affected by the developments in the American financial market mainly due to the balance kept between income and expenditure. Rod Aycox never lived beyond his means. This is the main reason behind the phenomenal success of this organization. Even though the LoanMax has given property and housing loans, it was never affected by the economic slowdown because these loans were given only to those that had the ability to repay.
Copyright iTulip, Inc. 1998 - 2016 - All Rights Reserved
Opinions expressed herein are those of the posters, not those of iTulip, Inc., its owners, or management. All material posted on this board becomes the intellectual property of the poster and iTulip, Inc., and may not be reposted in full on another website without the express written permission of iTulip, Inc. By exception, the original registered iTulip member who authored a post may repost his or her own material on other sites. Permission is hereby granted to repost brief excerpts of material from this forum on other websites provided that attribution and a link to the source is included with the reposted material.
Nothing on this website is intended or should be construed as investment advice. It is intended to be used for informational and entertainment purposes only. We reserve the right to make changes, including change in price, content, description, terms, etc. at any time without notice. By using this board you agree that you understand the risks of trading, and are solely responsible for your own investment and trading decisions. Read full legal disclaimer.
Journalists are not permitted to contact iTulip members through this forum's email and personal messaging services without written permission from iTulip, Inc. Requests for permission may be made via Contact Us.
Objectionable posts may be reported to the board administrators via Contact Us.