Remove 2022 Remove Benchmarking Remove Information Technology
article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. the spread). Image 2: Illustrative example of a bank’s non-interest income 3.

Banking 88