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Blog · Board and management reporting · Commercial banking

Relationship KPIs for commercial banking: ten measures that matter, each with its formula and the export it comes from

The ten relationship KPIs a commercial bank should run on, each with its formula, the export it comes from and what it tells you: products held against the sector norm, lending-only relationships, deposit flight, facility utilisation, share of wallet by product, relationship manager coverage at cadence, referrals between business lines, return per relationship, portfolio load against capacity, and primary bank indicators. Also the three measures most commercial banks miss, the figures to drop, the identities, and who owns what.

The short answerA commercial bank should run on ten relationship measures: products held against the norm for the client's sector and size; lending-only relationships; deposit flight, meaning operating balances falling against the client's own pattern; facility utilisation; share of wallet by product; relationship manager coverage at cadence, by revenue; referrals between business lines, sent and converted; return per relationship after capital and cost; portfolio load against relationship manager capacity; and primary bank indicators such as payments volume and payroll. They come from the product holdings file, the balance and transaction files, the facility file, the CRM and the referral log. The three most often missed are deposit flight, which precedes a lost relationship by months; lending-only clients, who use the balance sheet and give the fee business to another bank; and portfolio load, because a gap list that does not fit the relationship manager's calendar will not be worked.

A commercial banking relationship is several products that should grow together. The measures that matter show which clients use only the balance sheet, whose operating balances are leaving, and whether the relationship managers have room to act on any of it.

The ten measures

# Measure Formula Export What it tells you
1 Products held against sector norm Products held ÷ median products held by clients of the same sector and size band Product holdings file; client master Relationships thinner than their peers
2 Lending-only relationships Clients with credit exposure and no operating account, payments or fee products; exposure and return on each Holdings file; facility file Balance sheet used; fees earned elsewhere
3 Deposit flight Average operating balance, last 3 months ÷ same months last year, per relationship; flagged below a stated ratio Balance file Cash management moving to another bank
4 Facility utilisation Drawn ÷ committed, per facility, with trend Facility file Unused lines costing capital; clients drawing to the limit
5 Share of wallet by product Bank's revenue from the client in the product ÷ estimated client spend on the product Revenue file; estimates by source grade Where the client's fee spend is going
6 Coverage at cadence, by revenue Revenue of clients contacted within tier cadence ÷ total revenue CRM; revenue file Whether top relationships are being seen
7 Referrals between business lines Referrals sent, accepted, converted, and revenue, by origin and destination Referral log; revenue file Whether one bank is working as one bank
8 Return per relationship Revenue − cost of funds − expected loss − cost to serve, over capital used Revenue, capital and cost files Relationships that do not earn their capital
9 Portfolio load against capacity Clients and required touches per relationship manager against available hours CRM; client tiers Portfolios too large to cover
10 Primary bank indicators Share of client turnover seen through the account; payroll and tax payments present Transaction file; client turnover Whether the bank is the client's main bank

Every one of these is computed per account, per relationship manager and team, and in total, and every one carries an identity that must hold before the table is shown.

The three most commercial banks miss

Deposit flight. Balance reports are totals. The per-relationship trend against the client's own pattern is rarely produced.

Lending-only relationships. Credit approves the exposure; nobody lists the clients where exposure is all there is.

Portfolio load. Every analysis produces more clients to call. None checks whether the calendar can hold them.

A worked line

A manufacturer has a $12 million term loan and a revolving facility, and nothing else. Similar clients hold five products. Its operating account is with another bank, along with payments, cards and foreign exchange, worth an estimated $140,000 a year in fees. The loan earns a return below the cost of capital. The relationship is reviewed annually by credit, and has never appeared on a sales list.

What to drop

Products per customer as a bank-wide average. Meaningless without the sector and size norm.

Calls logged. Replace with revenue coverage at cadence.

Loan growth, alone. Growth in lending-only exposure lowers return.

The identities

Table Must hold
Holdings Product revenue per client sums to the revenue ledger
Balances Relationship balances sum to the general ledger deposit total
Referrals Sent = accepted + declined + pending; accepted = converted + lost + open
Coverage Clients = covered + uncovered; each with one owner

A table whose identity fails is a table with a row missing or counted twice. It is not shown until it is fixed.

Who owns what

Measure Owner Reviewed
Deposit flight; coverage at cadence Team heads; relationship managers Weekly to monthly
Lending-only; products against norm; referrals Head of commercial banking Monthly
Return per relationship; facility utilisation Head of commercial banking with finance and credit Quarterly
Portfolio load Head of commercial banking Twice a year, and on every reassignment

A measure with no owner is a metric, not a KPI; see KPI versus metric versus measure.

Go deeper

The short version

Ten measures from the holdings, balance, facility and referral files. Deposit flight is the weekly signal; lending-only is the list with the most fee income in it. Covirage computes all of them from the exports commercial banks already produce, files only, with the definitions stated and the identities checked. See Covirage for commercial banks.

Questions people ask

What is deposit flight?

A sustained fall in a client's operating balances against its own history, not explained by seasonality or a known event. It usually means payments and collections are moving to another bank, which is the first step of moving the relationship. It shows in the balance file months before the facility is refinanced elsewhere.

Why measure products held against a sector norm?

Because the number that is good depends on the client. A logistics firm of a given size typically holds lending, payments, cards, foreign exchange and asset finance. One that holds only lending has four gaps. A property investor of the same size would be expected to hold fewer, and should not be marked down for it.

How is share of wallet estimated in banking?

From the client's financial statements and disclosed facilities, from payment flows seen against turnover, and from what the client tells the relationship manager, each labelled by source. It is an estimate by product, and even a coarse one ranks where the fee income is going.