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How do banks make profits?

How do banks make profits?
asked 220k views
2 votes
How do banks make profits?

asked
User Bdunagan
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8.9k points

2 Answers

2 votes

Answer:

Banks make money from service charges and fees. Banks also earn money from interest they earn by lending out money to other clients.

Step-by-step explanation:

answered
User Funk Forty Niner
by
8.1k points
5 votes
They make profits by people going into their banks
answered
User Ramraj
by
7.9k points
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