RankingBanking 24 Digital (1) - Flipbook - Page 30
28
$50 BILLION AND ABOVE
Profitability
Rank
Company Name
Capital Adequacy
Asset Quality
State
Total Assets
($MM)
Core
ROAA (%)
ROA
Rank
Core
ROAE (%)
ROE
Rank
Tang Common
Equity /Tang
Assets (%)
TCE
Rank
NPAs/ Loans
& OREO (%)
NPA
Rank
EWBC
CA
69,613
1.81
2
18.92
3
9.38
1
0.22
4
10
NC
213,758
2.24
1
23.49
1
9.25
2
0.70
25
29
Ticker
Final
Score
1
East West Bancorp
2
First Citizens BancShares
FCNC.A
3
Wintrust Financial Corp.
WTFC
IL
56,260
1.23
8
13.09
13
7.75
6
0.31
5
32
4
Webster Financial Corp.
WBS
CT
74,945
1.47
3
13.08
14
7.73
7
0.43
11
35
5
Columbia Banking System
COLB
WA
52,174
1.21
9
13.45
11
6.65
15
0.20
3
38
6
Cullen/Frost Bankers
CFR
TX
50,845
1.29
7
19.33
2
5.71
25
0.33
6
40
7
Comerica
CMA
TX
85,834
1.14
14
17.78
4
6.30
19
0.34
7
44
8
Western Alliance Bancorp.
WAL
AZ
70,862
1.17
11
14.31
7
7.29
10
0.54
18
46
9
JPMorgan Chase & Co.
JPM
NY
3,875,393
1.38
5
17.06
5
6.40
17
0.57
21
48
10
Synovus Financial Corp.
SNV
GA
59,810
1.16
12
14.74
6
6.84
12
0.64
23
53
11
Northern Trust Corp.
NTRS
IL
150,783
0.93
23
11.50
18
6.83
13
0.14
1
55
12
Regions Financial Corp.
RF
AL
152,194
1.44
4
13.36
12
6.72
14
0.83
27
57
13
Capital One Financial Corp.
COF
VA
478,464
1.12
16
9.53
23
8.18
5
0.49
14
58
14
M&T Bank Corp.
MTB
NY
208,264
1.34
6
10.61
20
8.18
4
1.60
32
62
15
Fifth Third Bancorp
FITB
OH
214,574
1.20
10
14.09
9
5.73
24
0.57
20
63
15
U.S. Bancorp
USB
MN
663,491
1.14
15
13.92
10
5.14
28
0.40
10
63
17
Huntington Bancshares
HBAN
OH
189,368
1.16
13
11.64
17
6.12
22
0.50
15
67
18
State Street Corp.
STT
MA
297,258
1.04
19
11.81
16
4.47
31
0.19
2
68
19
First Horizon Corp.
FHN
TN
81,661
1.03
20
9.47
24
8.48
3
0.76
26
73
19
Wells Fargo & Co.
WFC
CA
1,932,468
1.11
17
11.36
19
7.35
9
0.90
28
73
21
Zions Bancorp., N.A.
ZION
UT
87,203
0.84
28
14.10
8
4.87
30
0.39
9
75
22
The PNC Financial Services Group
PNC
PA
561,580
1.10
18
12.68
15
6.11
23
0.69
24
80
23
Valley National Bancorp
VLY
NJ
60,935
0.91
24
8.45
27
7.61
8
0.58
22
81
24
Bank of America Corp.
BAC
NC
3,180,151
0.95
22
10.53
21
6.18
20
0.55
19
82
25
The Bank of New York Mellon Corp.
26
Citigroup
27
Truist Financial Corp.
28
New York Community Bancorp
29
Citizens Financial Group
30
KeyCorp
BK
NY
409,877
0.99
21
9.89
22
4.43
32
0.35
8
83
C
NY
2,411,834
0.44
32
5.15
32
6.87
11
0.47
12
87
TFC
NC
535,349
0.87
26
7.65
30
5.55
26
0.47
13
95
NYCB
NY
114,057
0.50
31
5.23
31
6.38
18
0.52
16
96
CFG
RI
221,964
0.89
25
8.41
28
6.55
16
0.94
29
98
KEY
OH
188,281
0.63
29
8.76
26
5.03
29
0.52
17
101
Median
1.13
12.24
6.60
0.51
Mean
1.12
12.45
6.67
0.54
Source: Piper Sandler & Co., S&P Global Market Intelligence, company reports and regulatory filing
Ranking Banking uses four metrics to assess performance. Profitability is captured by return on equity and return on assets. Asset quality is represented by the nonperforming assets, which for some banks could include
restructured loans. Capital adequacy is a function of a bank’s tangible common equity ratio. Banks are scored on each of the four metrics. The scores are then merged into an overall score, which determines the
ranking — the lower the score, the higher the rank. Data is based on calendar year 2023 results.
