What is the bank pretax net operating income

Assignment Help Financial Management

Reference no: EM131964518

You know the following information about the Davis National Bank (in $ mln): Interest expense $525.047, Noninterest income $99.085, Securities gains (losses) $4.424, Income taxes $41.897, Dividends paid $49.72, Interest income $884.875, Noninterest expense (excluding PLL) $387.866, Provision for loan losses $21.076. Given this information, what is the bank's pretax net operating income, to the nearest $0.001 million? E.g. if your answer is $54.6755 million, record it as 54.676.

Reference no: EM131964518

Questions Cloud

Discuss the weaknesses of these methods when compared : Describe two methods of project evaluation other than NPV. Discuss the weaknesses of these methods when compared to NPV.

What are the the bank total liabilities : Given this information, what are the the bank's total liabilities, to the nearest $0.001 million?

Who should prevail and why : She sued Interior Design in small claims court for breach of contract.

How much will your dream car cost by the time you are ready : Jose now has $2,000. How much would he have after 4 years if he leaves it invested at 5% with annual compounding?

What is the bank pretax net operating income : Given this information, what is the bank's pretax net operating income, to the nearest $0.001 million?

What kind of option should the firm use : On June 1, a US firm, manufacturing equipment, contracts to sell a piece of equipment (with an asking price of 2,000,000 krona) in Sweden .

Human resource management and competitive advantage : Discuss how HRM activities enable organizations to become more competitive in their market. Use example of a well known organization

What were the cumulative returns on the indices : What were the cumulative returns on the following indices: S&P/TSX, Nikkei 225, FTSE 100 and DAX from the beginning of 2016 to the end of 2016?

Discuss the dedicated or non-dedicated resources : Discuss the Dedicated or Non-Dedicated Resources. After posting your response, respond to at least one of your classmates on their resource recommendations.

User Account

All Pages