Noninterest income as a percentage of assets has been consistently lowest for banks that

Question

Quizplus · Accepted Answer

Banks that focus on providing loans typically have lower noninterest income as a percentage of assets because they primarily derive income from interest on loans. They may offer other services, but these services are typically not as substantial as those offered by banks focused on securities-related or advisory services.

Noninterest Income as a Percentage of Assets Has Been Consistently