RankingBanking 24 Digital (1) - Flipbook - Page 34
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$5 BILLION UP TO $50 BILLION
Profitability
Rank
Company Name
Ticker
Capital Adequacy
Asset Quality
State
Total Assets
($MM)
Core
ROAA (%)
ROA
Rank
Core
ROAE (%)
ROE
Rank
Tang Common
Equity /Tang
Assets (%)
TCE
Rank
NPAs/ Loans
& OREO (%)
NPA
Rank
Final
Score
115 Alpine Banks of Colorado
ALPI.B
CO
6,420
0.85
111
12.76
42
7.01
127
0.63
112
392
115 Eagle Bancorp
EGBN
MD
11,665
0.85
112
8.17
116
10.12
29
0.84
135
392
115 Sandy Spring Bancorp
SASR
MD
14,028
0.95
100
8.70
104
8.77
59
0.80
129
392
118 Triumph Financial
TFIN
TX
5,347
0.92
104
5.84
134
11.04
12
1.12
146
396
119 Northwest Bancshares
NWBI
OH
14,419
1.00
94
9.46
93
8.30
76
0.83
134
397
120 Brookline Bancorp
BRKL
MA
11,382
0.76
122
7.34
125
8.39
70
0.47
82
399
LOB
NC
11,271
0.74
125
9.32
95
7.79
100
0.47
79
399
122 Cadence Bank
CADE
MS
48,935
0.89
108
9.63
88
7.43
111
0.53
95
402
123 Renasant Corp.
RNST
MS
17,361
1.05
80
8.17
115
7.87
97
0.63
111
403
124 Hilltop Holdings
HTH
TX
16,467
0.66
131
5.18
138
11.41
8
0.81
131
408
125 Heartland Financial USA
HTLF
CO
19,412
1.05
81
11.51
58
6.53
140
0.81
130
409
LC
CA
8,827
0.40
144
2.83
146
12.53
4
0.80
128
422
127 Associated Banc-Corp
ASB
WI
41,016
0.91
106
8.97
100
7.11
121
0.55
98
425
128 Peapack-Gladstone Financial Corp.
PGC
NJ
6,477
0.81
115
9.31
96
8.33
74
1.13
147
432
129 BankUnited
BKU
FL
35,762
0.59
135
8.43
110
7.01
128
0.36
60
433
129 First Internet Bancorp
INBK
IN
5,168
0.22
146
3.03
145
6.81
135
0.07
7
433
131 Independent Bank Group
IBTX
TX
19,035
0.76
124
5.97
133
7.55
106
0.41
71
434
131 Midland States Bancorp
MSBI
IL
7,867
1.06
79
10.89
72
6.55
139
1.09
144
434
131 Trustmark Corp.
TRMK
MS
18,722
0.92
103
10.97
69
6.95
130
0.81
132
434
120 Live Oak Bancshares
126 LendingClub Corp.
134 Tompkins Financial Corp.
TMP
NY
7,820
0.86
109
10.36
76
7.44
110
1.11
145
440
135 Financial Institutions
FISI
NY
6,161
0.77
121
10.90
71
6.00
143
0.59
106
441
136 Simmons First National Corp.
SFNC
AR
27,346
0.79
118
6.51
131
7.69
101
0.53
94
444
137 First Interstate BancSystem
FIBK
MT
30,671
0.95
99
9.35
94
6.85
134
0.67
118
445
138 First National of Nebraska
FINN
NE
31,286
0.76
123
8.32
113
8.05
88
0.75
124
448
139 W.T.B. Financial Corp.
WTBF.B
WA
11,446
0.52
138
6.35
132
7.84
98
0.47
81
449
140 First Foundation
FFWM
TX
13,327
(0.22)
148
(2.78)
148
6.91
131
0.20
26
453
140 Shore Bancshares
SHBI
MD
6,011
0.53
137
5.55
135
6.78
136
0.28
45
453
142 Horizon Bancorp
HBNC
IN
7,940
0.71
128
7.96
119
7.08
123
0.48
85
455
143 Banc of California
BANC
CA
38,534
(0.28)
149
(3.76)
149
6.62
137
0.27
44
479
144 Washington Trust Bancorp
WASH
RI
7,203
0.65
132
10.02
82
5.68
144
0.80
127
485
145 Amerant Bancorp
AMTB
FL
9,716
0.59
134
7.57
123
7.35
113
0.67
117
487
146 Kearny Financial Corp.
KRNY
NJ
7,898
0.41
143
3.87
144
8.26
79
0.86
138
504
147 Flushing Financial Corp.
FFIC
NY
8,537
0.33
145
4.21
141
7.64
104
0.65
115
505
147 MidWestOne Financial Group
MOFG
IA
6,428
0.63
133
8.10
117
6.90
132
0.72
123
505
149 HomeStreet
HMST
WA
9,392
0.08
147
1.31
147
5.64
145
0.57
103
542
Median
1.08
10.48
8.33
0.44
Mean
1.13
10.87
8.55
0.47
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.
