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Commercial Banking Performance — 2nd Quarter 2015

The Novantas Perspective series provides timely and expert viewpoints on a variety of detailed banking industry subjects. 2Q15 saw strong loan growth for commercial LOBs but profitability decline from multiple headwinds. 2Q15 Commercial Results Commercial banking units enjoyed strong balance sheet growth in the second quarter of 2015, but overall did not improve profitability. Loan growth continued at a brisk pace of just over 10%, with deposit slightly lower. NIM was steady — a welcome ...

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