A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expenses of $35 million
A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expenses of $35 million and total noninterest expenses (excluding PLL) of $28 million. Its provision for loan losses is $6 million and its taxes are $5. What is this bank's net noninterest income?
I beleieve the answer is -$20, but could you show the work please? :)
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Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
