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Current Issues and Trends in Bank Performance New York Bankers Association June 10, 2013. 20 Church Street Liberty Corner, NJ 07938 P: (908) 604-9336 F: (908) 604-5951 finpro@finpronj.com www.finpronj.com. Table of Contents . . . R eturn to value creation Change mindset
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Current Issues and Trends in Bank Performance New York Bankers Association June 10, 2013 20 Church Street Liberty Corner, NJ 07938 P: (908) 604-9336 F: (908) 604-5951 finpro@finpronj.com www.finpronj.com
Table of Contents . . . • Return to value creation • Change mindset • Play Offense, not defense • FinPro’s Core Principal • From Risk, Corporate Governance and Regulatory TO • Customer, Market and Franchise IN ORDER TO • Drive Value • Final thoughts Takeaway Designation = TA1 to TA16
A. We must return to value creation . . . • Change the mindset from defense to offense TA1 • Stop fretting over regulation, governance and risk • What is going to happen is going to happen • We must control our destiny, DO NOT ALLOW others to seize it • Everything we do should drive value: TA2 • Enhance Tangible Book Value Per Share (TBVS) Enhance Core Earnings Per Share (CEPS) • Enhance the Franchise Value (Core Deposits, Delivery Channels)
We must move from the outer ring . . . • ERM drives STRATEGY which drives VALUE TA3 Recognize that, • Risk, Corporate Governance and Regulation are necessary, but too much of any of these impede value creation. • So we must re-focus on those things that create value. • It’s a much more positive place to be!
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