Banks focusing on agriculture loans are reporting higher profits recently.
Researchers at the University of Illinois crunched the numbers and found that ag banks on average have a return on assets at 1.07 percent, which is compared to non-ag banks at 1.03 percent.
They also found ag banks are more efficient, too, with the efficiency ratio up several points during the fourth quarter.
RanchHER Jessie Jarvis is a third-generation Idaho cattle rancher and an esteemed figure in the ag industry and Western world. She seamlessly balances her roles as a business owner, influencer, podcast host, public speaker, rancher, wife and mother.
December 03, 2024 11:44 AM
·
November 11, 2024 11:24 AM
·
November 08, 2024 03:40 PM
November 08, 2024 11:59 AM
November 08, 2024 11:50 AM
November 08, 2024 10:42 AM
·