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Commercial Banking Performance — 3rd Quarter 2015

The Novantas Perspective series provides timely and expert viewpoints on a variety of detailed banking industry subjects. Commercial LOBs in 3Q15 saw more strong loan growth – but profitability took large drop due to normalizing loan loss provision and lower fee revenue. 3Q15 Commercial highlights: Strong Balance Sheet Growth: Loans grew at 11% from a year ago, with deposit growth in mid-single digits. NIM Has Leveled Off: NIM remained steady at 235 bp, a welcome ...

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