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COMMUNITY BANK INVESTMENT PROGRAMS OFF TO A BETTER START IN 2008
July 21, 2008 - Community bank investment programs are off to a better start in 2008 thanks to an increase in annuity commissions, according to the
Michael White-LPL Financial Institution Services Report: Community Bank Investment Programs™.
To
read more of the press release, click here.
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FIRST QUARTER BHC SECURITIES BROKERAGE INCOME JUMPS
73%
July 14, 2008 - Bank holding company securities brokerage income totaled $4.74 billion in first quarter 2008, up 73% from $2.74 billion in fourth quarter 2007, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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read more of the press release, click here.
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BANK HOLDING COMPANY INSURANCE BROKERAGE FEE INCOME REACHES NEW HIGH
July 7, 2008 - Bank holding company insurance brokerage fee income was up 3.2% in first quarter 2008 from $3.11 billion in the first quarter of 2007, enough to set a new quarterly record of $3.21 billion, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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read more of the press release, click here.
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BANK HOLDING COMPANIES’ MUTUAL FUND AND ANNUITY INCOME UP 27.4%
June 30, 2008 - Income earned from the sale and servicing of mutual funds and annuities at bank holding companies (BHCs) rose 27.4% from $4.65 billion in fourth quarter 2007 to $5.92 billion in first quarter 2008, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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read more of the press release, click here.
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BANK INSURANCE BROKERAGE 1Q EARNINGS HIT SECOND-HIGHEST LEVEL EVER
June 16, 2008 - Quarterly earnings from bank insurance brokerage hit their second-highest level in first quarter 2008, according to the
Michael White-Symetra Bank Fee Income
Report. Bank insurance brokerage earnings in the first three months of 2008 were $1.078 billion.
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read more of the press release, click here.
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BANK MUTUAL FUND AND ANNUITY INCOME UP 2.9%, ANNUITY COMMISSIONS SOAR 18.6%
June 6, 2008 - Income earned from the sale and servicing of mutual funds and annuities at banks rose 2.9% from $1.39 billion in the first quarter of last year to $1.43 billion in first quarter 2008, while bank annuity commissions and fees rose 18.6% to $263.5 million, according to the
Michael White-Symetra Bank Fee Income Report.
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read more of the press release, click here.
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BANK BOLI ASSETS EXCEED $120 BILLION IN 2007
May 12, 2008 - Large
bank holding companies and stand-alone banks reported bank-owned life insurance
(BOLI) assets of $120.4 billion in 2007, reflecting a 15.9% increase from
the previous year, according to the 2008 edition of the Michael
White-MullinTBG BOLI Holdings Report,
sponsored by MullinTBG.
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read more of the press release, click here.
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BANKING'S
TOTAL INSURANCE REVENUE STAYS LEVEL IN 2007
April 15, 2008 - The nation’s bank holding companies experienced an increase of 0.5% in their total insurance revenue from $43.5 billion in 2006 to $43.7 billion in 2007, according to findings released today by Michael White Associates (MWA) and the American Bankers Insurance Association (ABIA).
To read more of the press release, click
here.
To
read the entire report, click here.
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COMMUNITY BANKS’ INVESTMENT PROGRAMS EARN HALF BILLION DOLLARS IN 2007
April 7, 2008 -
Community bank investment programs earned nearly a half billion dollars in income in 2007, according to the
Michael White-LPL Financial Institution Services Report: Community Bank Investment Programs.
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more of the press release, click here.
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BANK HOLDING COMPANY MUTUAL FUND AND ANNUITY INCOME HITS RECORD IN 2007
March 31, 2008 - Bank holding company mutual fund and annuity income reaped record results, soaring 18% from the previous year to $22.8 billion in 2007,
according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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BANKS CONTINUE TO EARN NEAR RECORD-LEVEL INSURANCE BROKERAGE FEE INCOME IN
2007
March 25, 2008 - Bank insurance brokerage fee income hovered near record levels in 2007, reaching a total of $4.04
billion, according to the
Michael White-Symetra Bank
Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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BANK HOLDING COMPANY INSURANCE BROKERAGE FEE INCOME SLOWS THROUGH THREE QUARTERS OF 2007
January 14, 2008 - Bank holding company insurance brokerage fee income was up 0.6% in the first three quarters of 2007 compared to
2006, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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BANK MUTUAL FUND AND ANNUITY INCOME UP 4.6% IN FIRST NINE MONTHS OF 2007 OVER YEAR-AGO
January 2, 2008 - Income
earned from the sale and servicing of mutual funds and annuities at bank holding
companies soared 18.6% higher during the first three quarters of 2007, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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NEW REPORT REVEALS OPPORTUNITY FOR COMMUNITY BANK INVESTMENT PROGRAMS
December 21, 2007 - Community bank investment program income totaled $129.76 million in the third quarter of 2007, up slightly from second quarter’s $129.72 million,
according to the
Michael White-LPL Financial Institution Services Report: Community Bank Investment Programs, sponsored by LPL
Financial Institution Services.
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more of the press release, click here.
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BANK MUTUAL FUND AND ANNUITY INCOME UP 4.6% IN FIRST NINE MONTHS OF 2007 OVER YEAR-AGO
December 4, 2007 - Income earned from the sale and servicing of mutual funds and annuities at banks rose 4.6%
to $4.33 billion for the first three quarters of 2007, according to the
Michael White-Symetra Bank
Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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BANK HOLDING COMPANY SECURITIES BROKERAGE INCOME HITS $9.8 BILLION IN FIRST HALF 2007
November 6, 2007 - Bank holding company securities brokerage income totaled $9.8 billion year-to-date at the end of second quarter 2007, according to the
Michael White-Symetra Bank Holding Company Fee Income Report™,
sponsored by Symetra
Financial.
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more of the press release, click here.
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BANK BOLI ASSETS REACH NEARLY $109 BILLION IN FIRST HALF 2007
October 23, 2007 - Large bank holding companies
and stand-alone banks reported bank-owned life insurance (BOLI) assets of $108.6 billion in the first six months of 2007, reflecting an 11.1% increase from
the first half of 2006, according to the Michael White-MullinTBG BOLI Holdings Report™,
sponsored by MullinTBG.
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more of the press release, click here.
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TOTAL BANK INSURANCE REVENUE UP IN FIRST HALF
2007
October 16, 2007 - The nation’s bank holding companies increased their total insurance revenue to $21.7 billion in the first half of 2007,
up from $21.4 billion during the same period in 2006, according to findings released today by Michael White Associates and the American Bankers Insurance Association.
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more of the press release, click here.
To read
the entire report, click here.
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BANK HOLDING COMPANY MUTUAL FUND AND ANNUITY INCOME UP 29.7% IN FIRST HALF 2007
October 9, 2007 - Income earned from the sale and servicing of mutual funds and annuities at bank holding companies
rose 29.7% to $12.2 billion in first half 2007, according to the Michael White-Symetra Bank Holding Company Fee Income Report™, sponsored by
Symetra Financial.
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more of the press release, click here.
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COMMUNITY
BANKS BOOST INVESTMENT PROGRAM RESULTS
October 3, 2007 - Community bank investment program income totaled $129.7 million in the second quarter of 2007, up 9.5% from first quarter’s $118.4 million, according to a new report, the
Michael White-LPL Financial Institution Services Report: Community Bank Investment Programs, sponsored by LPL
Financial Institution Services.
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more of the press release, click here.
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BANK HOLDING COMPANIES BRING IN $4.2 BILLION IN SECURITIES BROKERAGE INCOME IN FIRST QUARTER
July 31, 2007 - Bank holding company securities brokerage income totaled $4.2 billion in first quarter 2007,
according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™ (BHC-FIR™), sponsored by
Symetra Financial.
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more of the press release, click here.
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BANK HOLDING COMPANY INSURANCE BROKERAGE FEE INCOME REACHES NEW HIGH IN FIRST QUARTER 2007
July 16, 2007 - Bank holding company insurance brokerage fee income was up 2.4% in first quarter 2007, compared to the first quarter of 2006, enough to set a new quarterly record of $3.1 billion,
according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™ (BHC-FIR™), sponsored by
Symetra Financial.
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more of the press release, click here.
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40.1% HIKE IN BANK HOLDING COMPANIES' MUTUAL FUND AND ANNUITY INCOME
July 9, 2007 - Income earned from the sale and servicing of mutual funds and annuities at bank holding companies (BHCs) rose 40.1% from $4.0 billion in fourth quarter 2006 to $5.6 billion in first quarter 2007, according to the
Michael White-Symetra Bank
Holding Company Fee Income Report™ (BHC-FIR™), sponsored by
Symetra Financial.
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more of the press release, click here.
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BANKS RAKE IN $761.8 MILLION IN 1Q ANNUITY COMMISSIONS
June 18, 2007 - Bank commissions and fees from the sale of annuities totaled $761.8 million in the first quarter of the year, according to the
Michael White-Symetra Bank Fee Income Report™ (Bank-FIR™), sponsored by
Symetra Financial.
The first quarter of 2007 is the first time separate annuity fee income data has been available.
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more of the press release, click here.
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BANK
INSURANCE BROKERAGE FEE INCOME UP 3.9 PERCENT IN FIRST QUARTER 2007
June 5, 2007 - Bank insurance brokerage fee income was up 3.9 percent year-to-date through March 31, 2007, compared to the first quarter of 2006, according to the
Michael White-Symetra Bank Fee Income Report™ (Bank-FIR™), sponsored by
Symetra Financial.
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more of the press release, click here.
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BANK
BOLI ASSETS REACH NEARLY $104 BILLION IN 2006
May 8, 2007 - Large bank holding companies (BHCs) and stand-alone banks reported bank-owned life insurance (BOLI) assets of $103.9 billion in 2006, reflecting a 48.6% increase
over the prior year, according to the 2007 edition of The Michael White-MullinTBG BOLI Holdings Report™.
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more of the press release, click here.
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BANK HOLDING COMPANIES’ TOTAL INSURANCE REVENUE DOWN, INSURANCE BROKERAGE FEE INCOME UP
April 10, 2007 - The nation’s bank holding companies experienced a slight decline in their total insurance revenue, according to findings released today by Michael White Associates and the American Bankers Insurance Association.
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more of the press release, click here.
To
read the entire report. click here.
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BANK HOLDING COMPANIES’ MUTUAL FUND AND ANNUITY FEE INCOME LEVELS OFF AT
$19.3B IN 2006
April 3, 2007 - Mutual fund and annuity fee income at bank holding companies
leveled off at $19.33 billion in 2006, according to The
2007 Michael White-Symetra Bank Holding Company Fee Income Report™.
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more, click here.
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BANKS’ MUTUAL FUND AND ANNUITY FEE INCOME REACHES $5.4B
March 5, 2007 - Banks increased their
2006 mutual fund and annuity fee income to $5.38 billion, according to The
2007 Michael White-Symetra Bank Fee Income Report™.
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more, click here.
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BANK INSURANCE BROKERAGE FEE INCOME REACHES RECORD HIGH IN 2006
March 1, 2007 - Banks increased their 2006 insurance brokerage fee income to a record $4.08 billion,
according to The
2007 Michael White-Symetra Bank Fee Income Report™.
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more, click here.
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TOTAL
BANK INSURANCE REVENUE UP IN FIRST HALF OF 2006
October 9, 2006 - The nation’s bank holding companies increased their total insurance revenue 1.1 percent to $21.4 billion in the first half of 2006, according to findings released today by Michael White Associates and the American Bankers Insurance Association.
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more, click here.
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BofA
AND WACHOVIA LEAD THE PACK IN MUTUAL FUND AND ANNUITY FEE INCOME
October 4, 2006 - Bank of America and Wachovia led all bank holding companies with significant banking activities in mutual fund and annuity fee income in the first six months of
2006.
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more, click here.
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BANKS
REPORT RECORD MUTUAL FUND AND ANNUITY SALES
September 5, 2006 - Bank mutual fund and annuity fee income was up 8.6% during the first half of the year, compared to the same period in
2005.
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more, click here.
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BANK
INSURANCE REVENUE UP IN 2005
April 20, 2006 - The nation’s bank holding companies
increased their total insurance revenue 18.9% to $44.1 billion in 2005 from $37.1 billion in 2004,
according to findings released by Michael White Associates (MWA) and the American Bankers Insurance Association
(ABIA).
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more, click here.
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MUTUAL
FUND AND ANNUITY INCOME UP 13% AT BANK HOLDING COMPANIES FOR 2005
April 3, 2006 - Bank holding companies increased mutual fund and
annuity fee income 13% in 2005 to $19.46 billion, according to
Michael White’s Bank Insurance & Investment Fee Income
Report.
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more, click here.
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BANK
INSURANCE BROKERAGE FEE INCOME HITS NEW HIGH
March 23, 2006 - Bank insurance brokerage fee income jumped
over 8% to a record $3.9 Billion in 2005, according to
Michael White’s Bank Insurance & Investment Fee Income
Report.
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more, click here.
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BANK
MUTUAL FUND & ANNUITY FEE INCOME DOWN IN 2005
March 9, 2006 - U.S. bank mutual fund & annuity fee income in 2005 fell 10.6% from $5.62 billion in 2004 to $5.02
billion in 2005, according to
Michael White’s Bank Insurance & Investment Fee Income
Report.
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more, click here.
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BANKS’ INSURANCE EARNINGS NEARLY 10% HIGHER
November 29, 2005 - U.S. bank insurance brokerage fee income in the first three quarters of 2005 totaled $2.86 billion, up 9.8% from $2.6 billion in the first three quarters of 2004, according to
Michael White’s Bank Insurance & Investment Fee Income
Report.
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more, click here.
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INSURANCE REVENUE CONTINUES TO CLIMB AT U.S. BANK HOLDING COMPANIES
November 1, 2005 - U.S. bank holding companies increased their total insurance revenue 1.6% to $21.2 billion in the first half of 2005, up from $20.9 billion in first half 2004, propelled by growth in underwriting earnings and insurance brokerage fee income, according
to findings released by Michael White Associates and the American Bankers Insurance Association.
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CITIGROUP AND WACHOVIA LEAD BANK HOLDING COMPANIES IN MUTUAL FUND AND ANNUITY FEE INCOME IN FIRST HALF OF 2005
October 13, 2005 - CitiGroup and Wachovia Corporation led all bank holding companies with significant banking activities in mutual fund and annuity fee income in the first six months of 2005, according to
Michael White’s Bank Holding Company Insurance & Investment Fee Income Report.
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read more, click
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MWA SUPPORTS PROPOSED CALL REPORT CHANGES - SUGGESTS FURTHER REFINEMENT IN COMMENT LETTER
September 9, 2005 - Michael White Associates (MWA) has submitted a comment letter to the FDIC, FRB and OCC regarding proposed revisions to Call Reports. MWA supports the agencies’ proposed changes and has recommended amendments to them.
To access MWA’s comment letter, click
here.
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BOLI CAPITAL CONCENTRATION REPORT HELPS BANKS MEET NEW REGULATORY REQUIREMENTS
June 28, 2005 - MWA Announces Bank-Owned Life Insurance (BOLI) Report to
Meet New Compliance Requirements of Banking Regulators. First-of-its-kind peer analysis of BOLI holdings addresses capital concentration, liquidity and reputation risks, and “outlier”
status. Click here to find out
more.
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SOFTENING INSURANCE MARKET BRINGS EXTRA CHALLENGES
June 28, 2005 - In a softening insurance market, banks face extra challenges. In his latest article, Michael White discusses these challenges, and discusses why insurance consortiums might offer community banks an edge.
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BANK INSURANCE BROKERAGE FEE INCOME 7.5% HIGHER IN 1Q 2005
June 21, 2005 - Bank insurance brokerage fee income was up 7.5% in first quarter 2005, with total insurance brokerage fee income reaching $921.1 million.
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BANCORPSOUTH CITES MICHAEL WHITES' INSURANCE & INVESTMENT FEE INCOME REPORT
June 1, 2005 - BancorpSouth cites MWA's BHC-Fee Income Report as it announces its reign in the Top 25 bank holding companies in America for insurance brokerage fee income.
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NEW CUSTOMIZABLE 'RATINGS REPORT' BENCHMARKS BANKS’ FEE INCOME
PERFORMANCE
May 10, 2005 - New customizable 'Ratings Report' benchmarks a bank's fee income performance in insurance brokerage, total insurance, investment, mutual fund and annuity, fiduciary activities, wealth management and total noninterest fee income.
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BHCs EARN RECORD INSURANCE REVENUE
April 6, 2005 - U.S. bank holding companies earned a record $37.1 billion in insurance revenue in 2004, including $27.4 billion in insurance underwriting income and $9.6 billion in insurance brokerage fee income.
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BANK INSURANCE BROKERAGE FEE INCOME JUMPS 22%
March 21, 2005 - Bank insurance brokerage fee income jumps 22% to record $3.6 billion – in 2004, total bank insurance brokerage fee income reached a record high of $3.6
billion.
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article.
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BANK MUTUAL FUND & ANNUITY FEE INCOME REACHES $5.6 BILLION
March 14, 2005 - Bank mutual fund and annuity fee income reaches $5.6 billion – in 2004, total bank mutual fund and annuity fee income inched 1.6% higher than in 2003, with the biggest banks benefiting the
most.
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article.
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INSURANCE IS A BOON FOR BANKS
December 14, 2004 - Insurance is a boon for banks – in first three quarters of 2004, total insurance brokerage fee income was 21% higher than it was at the same time last year. MWA analyzes the data and reveals which banks benefited most from the
gain.
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article.
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CITIGROUP, WELLS FARGO AND BB&T LEAD BHCS IN MUTUAL FUND & ANNUITY FEE INCOME
December 7, 2004 - CitiGroup, Wells Fargo and BB&T lead bank holding companies in mutual fund and annuity fee income at the end of the third quarter. We break down the numbers, and lists the mutual fund and annuity leaders in the first three quarters of 2004.
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CITIGROUP, WACHOVIA AND BANK OF AMERICA LEAD BHCS IN INSURANCE BROKERAGE FEE INCOME
November 30, 2004 - CitiGroup, Wachovia and Bank of America lead bank holding companies in insurance brokerage fee income at September 30, 2004. MWA reveals the fifteen top-performing bank holding companies in the first three quarters of 2004.
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BANK INSURANCE BROKERAGE FEE INCOME UP 18.7% IN FIRST HALF 2004
September 21, 2004 - Bank Insurance Brokerage Fee Income Up 18.7% in First Half of 2004 Bank insurance brokerage fee income was up 18.7% year-to-date through June 30, 2004, compared to the same period in 2003. We take a look at the numbers, and at the fifteen top-performing banks in first half 2004.
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BHC LEADERS IN MUTUAL FUND & ANNUITY FEE INCOME
September 1, 2004 - The bank holding company (BHC) leaders in mutual fund and annuity (MF&A) fee income for first half 2004 are announced. Preliminary data show CitiGroup taking top honors, followed by Wachovia and Bank of America. Twelve of the fifteen top-performing BHCs showed growth in MF&A income compared to last year. The rank list will be updated as new data become available, but this first look is a must-see.
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INSURANCE BROKERAGE FEE INCOME LEADERS ANNOUNCED
August 30, 2004 - Preliminary bank holding company (BHC) data for first half 2004 are in! MWA has analyzed these first-look data, and today reports the leaders among BHCs in insurance brokerage fee income for first half of 2004.
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BANK FINDS SUCCESS SELLING ANNUITIES AFTER DEVELOPING A PLAN OF ACTION WITH MWA
August 2004 - A York, PA bank finds success selling annuities after developing a plan of action in consultation with
MWA. Plan of Action, originally published in Independent Banker, August 2004.
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BHC PROPRIETARY MUTUAL FUND & ANNUITY ASSETS DOWN
August 2, 2004 - Bank Holding Company proprietary mutual fund and annuity assets down 3.3% to $2.3 trillion in 2003.
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BHC INSURANCE UNDERWRITING INCOME UP
July 26, 2004 - Bank Holding Company insurance underwriting income up 2.0% to $25 billion in 2003.
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