KU center releases report saying state of banking in Kansas is greatly improved
The state of banking in Kansas is greatly improved, a newly released report by the Kansas University Center for Banking Excellence indicates.
The report examines the current financial condition of Kansas commercial banks as well as trends over the past decade and the industry’s recovery from the financial crisis.
“Conditions in the coming years will feel much more like a normal banking environment,” Robert DeYoung, director of the Center for Banking Excellence and author of the report, said in a KU news release. “We are confident that Kansas banks will thrive in this environment, despite having to adjust to new regulatory standards.”
The full report, available online, includes data on Kansas banks by asset size, return on assets, return on equity and other categories. It also lists the top 10 percent of banks in the state in the same categories.
The forecast for Kansas banks, according to the report, includes gradual growth in lending and profitability as banks continue their traditional focus on helping local businesses and households solve their pressing financial problems.
DeYoung is KU’s Capitol Federal Distinguished Professor in Financial Markets and Institutions at the School of Business. The Center for Banking Excellence, funded in part by an endowed gift from Capitol Federal Foundation of Topeka, aims to conduct research, outreach to the Kansas banking community and link KU students to the state’s financial service industry.