2022-11-13

About the Company

  • Bank of New Hampshire was founded in 1831

  • Bank of New Hampshire’s revenue was $49,509,000.

  • This allows them to employee 274 employees

  • Headquarters in Laconia

  • Provides deposit, lending, and wealth managment services.

U.S Economy: Is Recession coming?

U.S Economy: Survey of Professional Forecasters

National Cycles of the Industry

How is the economy in New Hampshire?

Managing through the Business Cycle

  • Banking industry is extremely robust

  • Interest rates should be raised

  • Look into the possibility of a hiring freeze to prevent potential layoffs

  • This should be done with the goal of increasing liquid reserves, as well as, increase available credit

  • This increase to liquid reserves and credit will allow a quicker rebound in revenue once the business cycle turns around