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liberalboy2020 t1_jabcvh7 wrote

They're doing 5% APY for CD's now, so where's the interest fees paid to deposit customers go in the expenses?

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wompwump t1_jabipgy wrote

Financial institutions usually report net interest revenue, which means that interest paid to depositors has usually been taken out of the top line. Eg, if I make $200 lending out deposits that I paid you $100 on, I’d report $100 in net revenue as the “top line” figure to focus on.

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