The sum of net interest income, non-interest income, and securities gains, minus provision for loan losses and non-interest expenses equals
A)net interest margin.
B)gross interest margin.
C)net income.
D)income before taxes.

Question

Quizplus · Accepted Answer

This formula calculates income before taxes by accounting for all income sources and subtracting expenses and provisions.

The Sum of Net Interest Income, Non-Interest Income, and Securities