Banks raked in $8.1 billion of noncredit revenue from their cash management services last year, 6% more than in 1995 and exceeding expectations by $350 million, an Ernst & Young LLC study said.

The accounting and consulting firm's 14th annual cash management survey projects $8.6 billion in such revenue this year, a 6.5% increase.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.