Emprise Bank president Tom Page is a beacon of humor and information in his industry.
And Page, who’s not shy about dropping a little wit into his remarks, struck again Thursday afternoon.
A questioner at a Martin Pringle forum asked Page about the impact that huge first-quarter profits by national banks would have on community banks in Wichita.
“Profit is an opinion,” Page opined. “Cash is fact.”
Seven words that speak very loudly, I think.
One Comment
There are many in the accounting trade who use the phrase “cash is king”. There are simply too many recipes for cooking the books out there.