Join us for Part 2 of our series on The Rising Importance of Ratios in Banking. This webinar builds on the key topics discussed in Part 1 and introduces new ratios that are pivotal in the current banking landscape.
In this webinar, you can expect to:
- Learn about new banking ratios and their implications.
- Understand the strategy behind targeting cash-rich industries.
- Gain insights into maintaining strong credit quality.
- Discover the importance of 'Net Cash After Operations' as a financial health indicator.
- Learn how to use IBISWorld’s platform to easily gather and distribute relevant data.
Given the ongoing low volume of loan demand, banking institutions are actively targeting cash-rich industries for deposit and treasury discussions. There is also a keen interest in maintaining robust credit quality by consistently comparing customer financials with industry averages.
A case in point is 'Net Cash After Operations,' a metric we will delve into during this session. More and more lenders are relying on this ratio to assess the financial wellbeing and stability of potential clients. Similarly, underwriting teams find this ratio useful to gauge the strength of existing customers and accurately price risk.
Jim Fuhrman, IBISWorld's Manager of Commercial Banking, will lead this insightful discussion. Joining him will be two seasoned banking professionals - Dev Strischek, Principal at Devon Risk Advisory Group, and Gavin Harpman, Senior Credit Analyst from Morton Community Bank. They will shed light on the crucial role ratios play in a lender's prospecting and decision-making process, while also demonstrating how IBISWorld’s platform simplifies the task of collecting and distributing this vital information.
Webinar Guests:
Dev Strischek: Principal at Devon Risk Advisory Group
Devon Risk Advisory Group is a leading advisory firm that specializes in risk management solutions, helping clients mitigate financial risks and drive business growth. Prior to those roles, Dev served for 18 years at SunTrust Bank, retiring as their Sr Vice President and Senior Credit Policy Officer for the bank. Dev is a frequent industry speaker on many aspects associated with credit risk and compliance, as well as loan policy best practices. He has also authored many industry trade articles on principles and practices, problems and issues relevant to risks that financial organizations must manage.
Gavin Harpman: Senior Credit Analyst at Morton Community Bank
Morton Community Bank is a $5.6bn bank headquartered in Morton, Illinois. The Bank offers a wide range of banking services and products, focusing on delivering personalized service and fostering strong community relationships. MCB opened its doors in 1961, with a single location and seven employees. Since then, MCB has grown with an emphasis on attracting and retaining customers by providing exceptional banking culture. Today, MCB has 55 locations in 38 communities in Central and Northwest Illinois, with 600 employees.
