Sageworks Survey: Growing the portfolio – top priority for bankers

Which priorities are most important to leaders within financial institutions?

RALEIGH, NC (August 18, 2016) — Based on a new survey conducted by Sageworks, over one-third of leaders from banks, credit unions and alternative lenders said their top priority within their financial institution is growing the portfolio.

Sageworks, a financial information company that provides origination and risk management solutions to banks and credit unions, conducted the poll within the company’s web-based solutions between July 28 and August 4, 2016. The poll question asked which priority is most important to leaders of banks and credit unions. According to responses from over a 1,000 individuals across the country, 38 percent said growing the portfolio is the most important priority in their financial institution while 21 percent said reducing credit and exam risk is most important. Another 11 percent indicated improving customer experience is the biggest priority.

“These results do reflect what bankers should be focusing on, but there are a few other areas that should be focused on as well,” said Senior Risk Management Consultant Rob Ashbaugh. “Leaders should also make it a priority to manage net interest margin in a low-rate environment and manage risk (market, reputation, etc.) in the new regulatory environment.”

It’s important that leaders are understanding and managing the risk in the market and in their portfolio, Ashbaugh explains. The bank should have an active and engaged Board that sets an appropriate risk management strategy.

“Once you understand the risk, bankers can grow their portfolio in line with their risk appetite and overall strategy.”

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About Sageworks

Sageworks offers banks and credit unions lending, credit risk and portfolio risk software to efficiently grow and improve the borrower experience. By automating the life of the loan with Sageworks, bankers book commercial loans faster and reduce risk. Sageworks uniquely provides integrated solutions and industry expertise to more than 1,400 financial institutions that achieve an average 38% higher loan growth than peers. Visit to learn more.


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