Profitability Intelligence Services Launch
Armada and CostPerform Launch Profitability Intelligence Services, Bringing Enterprise-Grade Analytics to Community Banks
New AI-accelerated solution service delivers customer, product, and banker-level profitability analytics on the CostPerform platform — putting capabilities once reserved for the largest institutions within reach of community and mid-sized banks.
TULSA, OKLAHOMA and BALTIMORE, MARYLAND — Armada LLC ("Armada"), a Tulsa-based financial analytics and consulting firm, and CostPerform, a global leader in cost and performance management software, today announced the launch of Profitability Intelligence Services for Banking, a solution services offering that delivers Actionable Profitability Analytics — by customer, product, banker, market, and beyond — built on the CostPerform platform.
The launch builds on CostPerform's 2025 acquisition of Armada's Acumen Cost Analytics software, which established the partnership between the two firms. Armada designs, deploys, and operates solutions on CostPerform's technology, and this offering is the first product of that partnership brought to market.
Closing the Profitability Gap for Community Banks
According to a Gartner survey cited by Armada, only 18% of finance decision-makers believe their management reports are decision-ready. Banks of all sizes are managing pricing, product mix, retention, and capital allocation decisions using averages and aggregates rather than true economic performance — but the gap has been hardest to close for community and regional institutions, which have historically lacked the scale to justify building profitability analytics in-house.
Profitability Intelligence Services for Banking is designed to close that gap. Combining CostPerform's activity-based costing and performance management software with Armada's methodology and newly built AI accelerators, the service gives community banks access to the same customer, product, and banker-level profitability transparency long available only to the largest institutions — without the cost, timeline, or internal resourcing required to build and run it themselves.
The service spans three core capabilities:
Profitability Analytics (customer, product, and segment profitability modeling; funding spread, fee revenue, and risk-adjusted return analytics; pricing and portfolio optimization);
Cost Management Services (banking-specific cost driver visibility, branch and digital economics benchmarking, structural savings identification);
M&A Banking Analytics (deal economics, synergy quantification, branch consolidation modeling, and post-merger profitability tracking).
Armada's AI accelerators, built specifically for the banking segment, compress what has traditionally been a multi-quarter buildout into a guided, three-phase engagement: a Discovery Workshop to align on use cases and value targets, a Readiness Assessment to evaluate data, technology, and process fit, and a Rapid Deployment phase in which Armada builds, operates, and when the client is ready transfers the solution. Armada's stated goal for the offering is to move institutions from information to insight in less than 90 days.
Armada cites measurable outcomes from its profitability intelligence engagements, including 15–20% reductions in controllable operating costs, 2–6% improvement in pricing discipline, up to 15% improvement in efficiency ratio, and total cost of ownership roughly 70% lower than building equivalent capability in-house.
Statements from Leadership
“Community and regional banks have been priced out of true profitability analytics for years — not because the economics don't matter to them, but because the cost and complexity of building it themselves never made sense at their scale,” said Scott Wise, Managing Partner of Armada. “By combining CostPerform's platform with the AI accelerators we've built specifically for this segment, we can deliver decision-ready profitability intelligence as a service, in weeks rather than years. Every dollar is a decision, and now, community banks will have the clarity to make them count.”
“This launch is exactly the kind of outcome we envisioned when we established our partnership with Armada,” said Sander den Hartog, CEO of CostPerform. “Armada's domain expertise in banking profitability, combined with their new AI accelerators, extends the reach of our platform into a segment of the market that has been underserved for too long. We're proud to power this offering.”
Availability
Profitability Intelligence Services for Banking is available to U.S. banks and credit unions, with a particular focus on institutions between $1 billion and $20 billion in assets. Interested institutions can request a Discovery Workshop by contacting Armada directly.
See what the resulting analytics look like: Profitability Intelligence Dashboard
About Armada LLC
Armada LLC, operating as Armada Consulting and Armada Solutions, is a Tulsa-based financial analytics and consulting firm founded in 2002 by Scott Wise. Armada is recognized as an innovator in cost and profitability analytics, providing consulting services, training, and managed services solutions that help finance teams move from reporting past performance to driving future profitability. Armada's methodologies are documented in Wise's book Actionable Profitability Analytics and have been implemented at multiple top-tier banks and Fortune 500 companies. Learn more at www.armadaconsulting.com.
About CostPerform
CostPerform is a leading provider of advanced costing and performance management software. Headquartered in Utrecht, the Netherlands, and Baltimore, Maryland, the company serves clients in over 25 countries across financial services, government, telecommunications, manufacturing, and healthcare. CostPerform's software enables organizations to model costs, simulate scenarios, and measure profitability at every level of the enterprise, empowering smarter decisions through data-driven insight. Learn more at www.costperform.com.
Media Contacts
Armada LLC
Sales & Marketing
Phone: 918.872.0150
CostPerform
Media Relations
+31 (0)30 238 0100
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