Poll analysis:

As the economy continues to lag, loan demand also continues to lag and cut into bank profits. And, as the effects of new financial regulations begin to unfold, we are seeing a decrease in profits across the banking industry. Yesterday, CBA SmartBrief featured a story citing Sterne Agee banking analyst Matthew Kelley, who said overdraft-fee limitations (which go into effect mid-2011) will curtail key revenue for some lenders. If the economy does not soon begin to recover and if banks cannot find ways to absorb these losses, they will certainly begin to cut costs -- with an upswing in demand for online and mobile banking, branches appear to be a likely cut. -- CBA President Richard Hunt

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