Philadelphia, PA (October 29, 2020) —
The Risk Management Association’s (RMA) Statement Studies
Submission Campaign is set to release its new data on November 1. The data,
derived from the financial statements of small and medium-size financial
institutions’ commercial loan customers, provides the only source of composite
metrics on all lines of business and is available for performing business
valuations on prospective businesses and industries. Due to the IRS tax filing
deadline, RMA extended the submission period up to four weeks.
The 2020-2021 Annual Statement Studies features 732 industries,
compiled from more than 240,000 financial statements voluntarily submitted by
154 RMA members, seven of which were new contributors.
RMA’s flagship benchmarking data reports will help businesses
make more informed decisions in less time; show clients that you understand
their business better than your competitors; evaluate your clients’ strengths
and weaknesses more accurately; and perform immediate benchmarking with the
simple-to-use format. It has been a staple in credit decision-making for more
than 100 years.
eStatement Studies subscribers can expect two new data metrics: EBITDA, as a
percentage of assets, or sales; and EBITDA/Sales Ratio. EBITDA is a commonly
used metric to measure profitability and estimate cash flow to pay long-term
debt. This addition was made due to high demand from professionals in financial
services, and RMA believes it complements the existing data points.
If you are an RMA member institution and interested in becoming
a contributor, additional information on RMA’s Annual Statement Studies Program
can be obtained by contacting RMA at studies@rmahq.org or by visiting https://www.rmahq.org/annual-statement-studies/.
About RMA
Founded in 1914, The Risk Management Association is a not-for-profit,
member-driven professional association whose sole purpose is to advance the use
of sound risk management principles in the financial services industry. RMA
promotes an enterprise approach to risk management that focuses on credit risk,
market risk and operational risk. Headquartered in Philadelphia, Pennsylvania,
RMA has 2,500 institutional members that include banks of all sizes as well as
nonbank financial institutions. They are represented in the Association by
18,000 individuals located throughout North America, Europe, Australia, and
Asia/Pacific.
Media Contacts
Stephen Krasowski, skrasowski@rmahq.org, 215-446-4095
Frank Devlin, fdevlin@rmahq.org, 215-446-4137