What is a Term Deposit Profitability Trend Report for Banks?
Term Deposit Profitability Trend Reports are considered operational reports and are used by executives and managers to analyze monthly trends in term deposit metrics. Some of the main functionality in this type of report is that it dynamically lists the months of the year across the columns and loan metrics down the rows with a Gross Profit total at the bottom. Some of the key rows include: Portfolio average balance, Deposit production, Nbr origination, Average size, FTP Income, Interest Expense, Net Interest Margin, Average First Year NIM, Average Doc Prep Fee, Average Origination Cost, FTP Income, Interest Expense, Net Interest Margin, Servicing Costs, Teller costs, Online costs, Total expenses, and Gross Profit. The green, yellow and red exception colors help highlight months with high/low profitability. You find an example of this type of report below.
Purpose of Term Deposit Profitability Trend Reports
Banks use Term Deposit Profitability Trend Reports to give leaders an easily understandable format to analyze monthly trends in term deposit revenues, expenses and profitability. When used as part of good business practices in Production- and Financial Planning & Analysis (FP&A) departments, a bank can improve its net profit and related term deposit strategies, and it can reduce the chances that major exceptions or trends are not quickly discovered.
Example of a Term Deposit Profitability Trend Report
Here is an example of a Term Deposit Profitability Report with monthly trends in term deposit metrics and profitability.
You can find hundreds of additional examples here
Who Uses This Type of Report?
The typical users of this type of report are: Executives, branch managers, finance leaders, loan managers, production managers.
Other Reports Often Used in Conjunction with Term Deposit Profitability Trend Reports
Progressive Production- and Financial Planning & Analysis (FP&A) departments sometimes use several different Term Deposit Profitability Reports, along with detailed term deposit reports, term deposit portfolio dashboards, KPI dashboards, branch benchmarking reports, annual budgets, profit & loss trend reports, balance sheets and other management and control tools.
Where Does the Data for Analysis Originate From?
The Actual (historical transactions) data typically comes from deposit management systems and enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.
In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.
What Tools are Typically used for Reporting, Planning and Dashboards?
Examples of business software used with the data and ERPs mentioned above are:
- Native ERP report writers and query tools
- Spreadsheets (for example Microsoft Excel)
- Corporate Performance Management (CPM) tools (for example Solver)
- Dashboards (for example Microsoft Power BI and Tableau)
Corporate Performance Management (CPM) Cloud Solutions and More Examples
- View 100’s of reporting, consolidations, planning, budgeting, forecasting and dashboard examples here
- View a Bank industry white paper and other industry-specific information here
- See how reports are designed in a modern report writer using a cloud-connected Excel add-in writer
- Discover how the Solver CPM solution delivers financial and operational reporting
- Discover how the Solver CPM solution delivers planning, budgeting and forecasting
- Watch demo videos of reporting, planning and dashboards