The data on Table 4 is taken from the 2013 annual report for Synovus, which reported $812
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Question:
The data on Table 4 is taken from the 2013 annual report for Synovus, which reported $812 million in NII before provisions and $26.3 billion in average assets in 2013. Review the information and answer the following questions: a) What happened to earning asset yields between 2012 and 2013? What happened to the interest cost of liabilities over the same period? b) What were the banks spread and NIM in 2013? Why did the two figures differ? c) How much did earning assets and interest-bearing liabilities change in 2013 versus 2012? What was the likely impact on NII from the differential change?
Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
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