Revenue growth has not necessarily resulted in higher profits. Regulation has had an adverse effect on banking profits, through measures by regulators to strengthen the capital and liquidity of financial institutions, improve the resilience of financial markets, extend consumer protection and increase tax transparency.
https://www2.deloitte.com/content/dam/Deloitte/ch/Documents/financial-services/ch-en-fs-growth-in-banking.pdf
Value = Expected Cash Flow Next Period / (r - g) where, r = Discount rate (Cost of Equity or Cost of Capital) g = Expected growth rate. This “constant” growth rate is called a stable growth rate and cannot be higher than the growth rate of the economy in which the firm operates.
http://people.stern.nyu.edu/adamodar/pdfiles/ovhds/dam2ed/growthandtermvalue.pdf
Revenue growth has not necessarily resulted in higher profits. Regulation has had an adverse effect on banking profits, through measures by regulators to strengthen the capital and liquidity of financial institutions, improve the resilience of financial markets, extend consumer protection and increase tax transparency.
https://www2.deloitte.com/content/dam/Deloitte/ch/Documents/financial-services/ch-en-fs-growth-in-banking.pdf
pdf for "annual operating revenue growth rate".(Page 1 of about 18 results)