Banks enjoyed the low interest rate environment while they still had higher interest assets on the books. However, with interest rates stuck at record lows and margins compressing, banks are increasingly focusing on non-interest revenue. In order to maintain a relatively stable earnings stream, banks will need to focus on growing this piece of the banking puzzle.
In this video, Motley Fool banking analyst David Hanson tells investors which banks have a revenue mix that would be favorable in a continued low-rate environment.
