U.S. bank spent just over 20 percent of its non-interest income on tech in 2018, the only major bank to break that barrier. KeyBank, Bank of America, and Citibank all spent over 18 percent, while the large institutions JPMorgan Chase and Wells Fargo each spent 16.3 percent.
Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018
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Various sources (CenterState Bank Correspondent Division). (May 13, 2019). Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/
Various sources (CenterState Bank Correspondent Division). "Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018." Chart. May 13, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/
Various sources (CenterState Bank Correspondent Division). (2019). Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/
Various sources (CenterState Bank Correspondent Division). "Spending on Information Technology as Share of Non-interest Income of Selected Banks in The United States as of December 2018." Statista, Statista Inc., 13 May 2019, https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/
Various sources (CenterState Bank Correspondent Division), Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018 Statista, https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/ (last visited November 21, 2024)
Spending on information technology as share of non-interest income of selected banks in the United States as of December 2018 [Graph], Various sources (CenterState Bank Correspondent Division), May 13, 2019. [Online]. Available: https://www.statista.com/statistics/1055546/us-bank-tech-spending-as-share-of-income-for-select-banks/
