Details

Autor(en) / Beteiligte

• Epstein, Jonathan

Titel

Sometimes competition seems to be a help. (study compares community banks in St. Louis, MO, and Pittsburgh, PA)

Ist Teil von

• The American banker, 1996-11, Vol.161 (224), p.10

Ort / Verlag

SourceMedia, Inc

Erscheinungsjahr

1996

Link zum Volltext

Quelle

Nexis

Beschreibungen/Notizen

• An American Banker study that compared community banks with less than $3 billion in assets in St. Louis, MO, and Pittsburgh, PA, showed that competition may actually help banks to perform better. The 85 banks that qualified for the study in the heavily competitive St. Louis market posted better returns on assets and returns on equity than the 36 banks studied in the less competitive Pittsburgh market. St. Louis bankers credited the area's tough competition for forcing them to work harder and become more efficient.