The Efficiency Ratio, Built on Appraisal Data
Every bank executive knows the efficiency ratio is unforgiving. You can’t grow your way out of it. You can’t cost-cut your way to relevance. At some point, efficiency becomes a question of decision quality, not headcount. Most conversations about efficiency focus on systems: core platforms, loan origination, servicing, reporting infrastructure. Very few focus on information density. How […]
Ideas Are Like Avocados
They go brown quickly. Everyone in valuation agrees on what should improve. Everyone nods in the meetings. Everyone means to get to it. And then the idea sits. Long enough to go brown. Valuation, on both sides of the table, has no shortage of smart people or good intentions. Fee appraisers have lists. Chief Appraisers […]