27The Smallest Top Performers Are the Most ProfitableSource: RankingBanking, compiled by Piper Sandler & Co. using S&P Global Market Intelligence dataMedian ROAE, 2021-2316.00%14.73%12.24%12.87%2023202212.23%12.10%11.77%Top 30 Banks, >$50B14.82%14.69%Top 30 Banks, $5B-$50BTop 30 Banks,
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