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Bank Profitability: Decoding the Income Statement

Tom Spencer

Operating expenses Operating or non-interest expenses will be affected by many moving parts such as wages, benefits, infrastructure, and information technology. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet.

Banking 88
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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. Therefore, the balance sheets of physical and digital companies present entirely different pictures.