Industry Analysis & Industry Trends
Low interest rates have caused interest income to decrease consistently during the last five years. Consequently, industry revenue is expected to decrease at an annualized rate of 0.9% over the five years to 2016, to reach $18.6 billion; this decline includes a 2.6% revenue dip expected in 2016, largely stemming from falling agricultural prices.... purchase to read more
Industry Report - Industry Locations Chapter
According to the latest available information from the American Bankers Association, the Cornbelt and Plains regions dominate the Agricultural Banks industry.
The Cornbelt includes Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin. In 2016, the region is collectively anticipated to be home to 47.3% of the industry's enterprises. Yet, the typical enterprise in the region is small in size, with the median agricultural bank holding only $113.4 million in total assets in 2016, according to the latest available data from the American Bankers Association (ABA).
The Plains, according to the ABA, includes Colorado, Kansas, North Dakota, Nebraska, New Mexico, Oklahoma, South Dakota and Texas... purchase to read more