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Why does peer group average data not add up?

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Why does peer group average data not add up?

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The average for a ratio is the trimmed average of the ratios for the banks within the peer group. However the population of banks included in the average for each ratio is trimmed to eliminate outliers above the 95th and below the 5th percentile. Because different banks may be trimmed from different ratios it is not possible for a column of averaged ratios to add up. Return to top.

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