Efficiency Ratio means, as of the end of each fiscal quarter, the ratio of (x) net interest income (excluding acceleration of interest expense associated with the termination of collateral debt obligations and collateral loan obligations) plus all agency business revenues, excluding amortization of mortgage servicing rights to (y) operating expenses (consisting of employee compensation expense, selling and administrative expense and management fee expense, but excluding the expense related to stock based compensation). Efficiency Ratio shall exclude income, expenses and depreciation and any gain or loss on sale of owned real estate.
Efficiency Ratio means the Company’s efficiency ratio, calculated by dividing non-interest expense less amortization of core deposit intangibles by the sum of net interest income on a tax equivalent basis and non-interest income.
Efficiency Ratio. (“ER”) means, in the context of determining an IPC, CFF’s consolidated noninterest expense for the Performance Year divided by CFF’s consolidated net interest and dividend income and noninterest income for the Performance Year.
Examples of Efficiency Ratio in a sentence
The Efficiency Ratio measures how efficiently a bank spends its revenues.
Efficiency Ratio represents noninterest expense divided by the sum of net interest income plus noninterest income.
Efficiency Ratio is computed as the ratio of non-interest expense divided by the sum of net interest income and non-interest income.
Efficiency Ratio is defined as Non-interest Expense divided by the sum of Net Interest Income, on a tax equivalent basis, and Non-interest Income.
Business Efficiency Ratio refers to consolidated operating expenses excluding expenses from the investment funds, as a percentage of net operating revenues excluding the net interest income from the investment funds and the net income (loss) from investment funds.
More Definitions of Efficiency Ratio
Efficiency Ratio means the ratio of noninterest expense to the sum of net interest income and noninterest income (excluding goodwill amortization). Noninterest expense, net interest income and noninterest income should each agree to such items as reported in the Company's audited consolidated statement of income (as included in the Company's Form 10-K filed pursuant to the 1934 Act) for the period being measured, except that the Committee may, in its sole discretion, elect to exclude any or all of the following non-recurring items:
Efficiency Ratio means operating expenses divided by the sum of net interest income and non-interest income as such items are reported in the statement of operations included in the Company’s annual report on form 10-K.
Efficiency Ratio. ("ER") means, in the context of determining an IPC, CFF's consolidated noninterest expense for the Performance Year divided by CFF's consolidated net interest and dividend income before provision expense and noninterest income for the Performance Year.
Efficiency Ratio means the ratio of the Employer's non-interest ---------------- expense to the sum of its net interest income and non-interest income.
Efficiency Ratio. The efficiency ratio shall mean the efficiency ratio published quarterly by SNL Securities.
Efficiency Ratio means the Applicable Subsidiary Bank’s non-interest expenses for the Plan Year divided by the sum of the Applicable Subsidiary Bank’s net interest income and non-interest income for the Plan Year, each as determined in accordance with GAAP, subject to Section VII.