What is the avg bank ROI on a customer deposit?
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A fun business to look at if you haven't seen it before is StoneCastle. If one can explain what a community bank, brokerage, and StoneCastle all bring to the table and why they all benefit from the relationship, one has anomalously good understanding of financial services.
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Do you have an understanding of what all those organizations share and benefit from?
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that Wells Fargo cross sell tho.....
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Please share the WF cross sell math and ROI!
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+1 good answer here from
@patio11 Deposit is a liability and one would usually think of ROIC in the context of assets - cash (invested capital). Agree want to think of interest earned - paid on deposit / (fixed + var) costs / assets or equityThanks. Twitter will use this to make your timeline better. UndoUndo
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