net noninterest expense

net noninterest expense
Total noninterest expense minus total noninterest income. A measure used by financial institutions to monitor the extent to which fees and other sources of noninterest income offset noninterest expenses. For a financial institution, expenses other than interest expense are almost always much larger than income other than interest income.
Also called net overhead.
Often expressed as a percentage of average earning assets.
See noninterest income and noninterest expense. American Banker Glossary

Financial and business terms. 2012.

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