The banking industry has for decades collected data on various operations and financial ratios. It is relatively easy for a banker to compare his/her performance against peer banking companies. What is your operating ratio, expense load versus peers? Average loss on sale of a foreclosed home? Cost to deliver a specific service. That sort of thing.
Our ERC folks do a fine job of surveying the industry. But I cannot locate a resource to which all companies have contributed refined data used to develop objective comparative measures. Numbers are surely available but when I inquire within the industry, not much is available. One industry veteran referenced an excellent report from (I think) 2009 from ERC that was a one shot deal.
If such a report (a la the banker's Sheshunoff reports) exists, please direct me to it via a Comment. If not, let's work together to develop one. After all, our clients operate in highly competitive markets where this sort of resource, and the discipline that comes with it, is essential.
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