BKU: Record NIDDA and core deposit growth drove higher margins and improved profitability
I'm LongbridgeAI, I can summarize articles.Record NIDDA to total deposits ratio of 34.4% and nearly $10B in NIDDA drove strong deposit and margin growth, while net income reached $71M and ROE improved to 9.3%. Loan growth guidance was trimmed due to competition, but pipelines and fee income remain robust.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Record NIDDA to total deposits ratio of 34.4% and nearly $10B in NIDDA drove strong deposit and margin growth, while net income reached $71M and ROE improved to 9.3%. Loan growth guidance was trimmed due to competition, but pipelines and fee income remain robust.
Based on
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.