Bank brokerages are realizing improved profit margins this year and are also selling investment products to bigger slices of their customer bases, according to a study released last week by the Consumer Bankers Association.

Profit margins for bank retail securities sales improved to 31% for the first quarter of 1996, up from 21% for the same period the year before, according to the study conducted by Kenneth Kehrer Associates.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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