Financial institutions are reaping the rewards of their increased emphasis on investment products, a survey has found.

Profit margins on retail investment sales averaged 28% of revenues last year, up from 25% in 1996, the ABA Securities Association reported Thursday. The trade group based its findings on a survey of 1,088 banks, thrifts, and credit unions.

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.