In the Q4, Consumers Bancorp Inc 's corporate clients experienced a reduction by -6.28 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 11.66 %. During the corresponding time, Consumers Bancorp Inc recorded a revenue increase by 12.76 % year on year, sequentially revenue grew by 1.52 %. While revenue at the Consumers Bancorp Inc 's corporate clients recorded rose by 1.06 % year on year, sequentially revenue grew by 20.16 %.
Customers of Consumers Bancorp Inc saw their costs of revenue decrease by -6.28 % in Q4 compare to a year ago, sequentially costs of revenue grew by 11.66 %, for the same period Consumers Bancorp Inc recorded revenue increase by 12.76 % year on year, sequentially revenue grew by 1.52 %.
Consumers Bancorp Inc's Comment on Sales, Marketing and Customers
The Bank offers several forms of deposit products to its customers. The rates
offered by the Bank and the fees charged for them are competitive with others
available currently in the market area. While the Bank continues to be under
competitive pressures in the Bank’s market area as financial institutions
attempt to attract and keep new deposits, we believe many commercial and retail
customers have been continuing to turn to community banks.
Consumers Bancorp Inc’s Comment on Sales, Marketing and Customers
The Bank offers several forms of deposit products to its customers. The rates
offered by the Bank and the fees charged for them are competitive with others
available currently in the market area. While the Bank continues to be under
competitive pressures in the Bank’s market area as financial institutions
attempt to attract and keep new deposits, we believe many commercial and retail
customers have been continuing to turn to community banks.
Sources:
Consumers Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Consumers Bancorp Inc’s corporate clients.
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