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Acknowledgments
Data used in the 2024 RankingBanking analysis of the 300 largest publicly traded banks was collected through
S&P Global Market Intelligence and analyzed by Piper Sandler & Co., using calendar year 2023 results. Four
metrics were used to assess profitability, capital adequacy and asset quality: core return on average equity, core return on average assets, the tangible common equity ratio, and nonperforming assets to loans and other real estate
owned. Banks were ranked on each metric. The rankings were added together to achieve a final score. The lower
the score, the higher the rank. OTC Banks were included. The smallest bank was $2 billion in assets.
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