I had the opportunity to attend and be a part of John Maxfield’s Banking Symposium in Dallas. The Banking Symposium is a gathering of many of the top bankers in the US. It may sound like a conference but don’t be deceived. It is hard to put into words the full value of the event and the form of how it took place, so here is my best attempt at some of the highlights and takeaways.
Soren -- Great write-up. Sad I could not make the event this year but share your enthusiasm for it as the Philadelphia symposium far exceeded my expectations. Building on your incremental growth comments, I have a 23-year relationship with a community bank that has consistently produced a 90th percentile ROA using that same approach. They average 7-8% asset and earnings growth with a low standard deviation. The most "boring" group of bankers producing the most "exciting" returns!
Soren -- Great write-up. Sad I could not make the event this year but share your enthusiasm for it as the Philadelphia symposium far exceeded my expectations. Building on your incremental growth comments, I have a 23-year relationship with a community bank that has consistently produced a 90th percentile ROA using that same approach. They average 7-8% asset and earnings growth with a low standard deviation. The most "boring" group of bankers producing the most "exciting" returns!