So to produce a solid return on equity they must either possess very low cost deposits or spend considerably less on back office operations than peers. (valueinvestingworld.com)
However, a bank with low costs deposits and efficient operations is creating sustainable value for shareholders. (valueinvestingworld.com)
What's impressive is how far it's already come, and the potential of deploying an incredibly low cost deposit base ---- think of manufacturer with minimal cost - of - goods - sold ---- in a time of rising loans and rates. (fortune.com)