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Annual Survey Trust Assets Bank Directors Trust Performance Report peer comparison revenue and asset targets survey trust assets FEE 2023 "Fiduciary Earnings and Expenses" "Data Analytics Fiduciary" "Trust Assets" "Bank Directors" Trust Performance Report "A.M. Publishing" "U.S. Bank" "peer comparison" "profit margin" "Investment Advisor" "wealth management" assets financial institutions trust companies fiduciary earnings "net income" revenues expenses assets trust company executive priorities "call report" irregularities" "Bernard Garbo" Strong Revenue Growth Improves Profit Margin; 2025 Concerns Inconsistent

(June 23, 2025 --Chicago, IL) -- Fiduciary revenue growth in 2024 appears to have been driven more by two consecutive years of strong asset growth than by fee increases, according to Trust Performance Report 2025.

Whatever the driver of increased revenues, the average profit margin improved for trust institutions in all peer groups except Peer Group 1.

Average expenses remained unchanged for the industry but varied considerably by peer group.

More trust institutions plan to raise their fees in 2025 than did in 2024, according to respondents to A.M. Publishing/Trust Performance Report's most recent annual survey, conducted in March and April of 2025.

In 2025's survey of trust executives, 92 percent of respondents ranked meeting revenue growth targets as their number-one concern. These findings reflect the concerns of most bank trust division (BTD) executives but not independent trust company (ITC) executives. Ninety percent of ITC executives ranked meeting revenue growth targets as a concern but not their number-one concern. Executives at large institutions, regardless of whether BTD or ITC, also did not rank meeting revenue growth targets as their number-one concern. A clearer picture of trust executives' concerns emerges when viewed by institution size and type.

Trust Performance Report 2025. includes analysis (in a PDF file) by asset type, as well as detailed data on the largest 250 institutions. In addition, the report includes a spreadsheet of the Top 1000 institutions. For sample pages, see the links below.

These and other findings are detailed in A.M. Publishing's Trust Performance Report 2025. The report is based on A.M. Publishing's Annual Survey of Trust Assets. The survey gathers and analyzes the data of more than 1000 institutions, including bank trust divisions, national trust companies, and independent trust companies. The survey has been conducted annually since 2001.

For more information on trust industry statistics and benchmarks subscribe to our Linkedin group (TrustUpdates -- Statistics and Strategies) https://www.linkedin.com/groups/12366127/

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DATA YEARBOOKS
Trust Performance Report -- the annual data book, published in May, provides both industry and peer group performance data by assets, gross revenue, net income, and account category .. as well as 3-year growth data and account balance average by account category. Subscribers receive semiannual updates. TPR findings are based on its annual survey of the top 1000 fiduciary institutions. For more best practices and benchmark data see TPR. For information on ordering click here or the link below.

Fiduciary Earnings & Expenses -- the annual data book compares performance among independent trust companies to that of OCC national trust companies and to bank trust divisions. For information on ordering click here or the link below.

For Sample copies of both publications plus a special introductory rate click here and then, on the web page, check "Trust Performance Report."

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No statement in this issue is offered as or should be construed as legal opinion or advice or as an indicator of future performance.
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