Banking Companies with the Largest Net Interest Margin
August 24, 2004, 10:08 a.m. EDT 1 Min Read
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Banking Companies with the Largest Net Interest Margin
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| Published August 24, 2004 | |||||
| Rank | Net interest margin | Assets | |||
| 1st quarter | Year earlier | Change | |||
| 1 | Pacific Capital Bancorp Santa Barbara, Calif. | 6.77% | 7.03% | -0.26 | $5,629,675 |
| 2 | Capital One Financial Corp. McLean, Va. | 6.64 | 8.61 | -1.97 | 49,146,425 |
| 3 | MBNA Corp. Wilmington, Del. | 5.71 | 5.44 | 0.27 | 61,123,832 |
| 4 | Irwin Financial Corp. Columbus, Ind. | 5.59 | 6.01 | -0.42 | 5,146,170 |
| 5 | Westcorp Irvine, Calif. | 5.34 | 5.19 | 0.15 | 14,745,384 |
| 6 | Fremont General Corp. Santa Monica, Calif. | 5.30 | 5.29 | 0.01 | 9,900,674 |
| 7 | WestAmerica Bancorp. San Rafael, Calif. | 5.27 | 5.58 | -0.31 | 4,424,816 |
| 8 | Silicon Valley Bancshares Santa Clara, Calif. | 5.20 | 5.70 | -0.50 | 4,492,255 |
| 9 | Wells Fargo & Co. San Francisco | 4.94 | 5.31 | -0.37 | 397,354,000 |
| 10 | Capitol Bancorp Ltd. Lansing, Mich. | 4.71 | 4.71 | 0.00 | 2,867,800 |
| 11 | Community First Bankshares Inc. Fargo, N.D. | 4.70 | 4.90 | -0.20 | 5,461,570 |
| 12 | Community Bank System Inc. Dewitt, N.Y. | 4.67 | 4.80 | -0.13 | 3,822,636 |
| 13 | City National Corp. Beverly Hills | 4.66 | 5.07 | -0.41 | 13,220,524 |
| 14 | Umpqua Holdings Corp. Portland, Ore. | 4.63 | 5.10 | -0.47 | 2,997,783 |
| 15 | Park National Corp. Newark, Ohio | 4.61 | 4.83 | -0.22 | 4,995,957 |
| 16 | Sterling Bancshares Inc. Houston | 4.58 | 5.16 | -0.58 | 3,163,285 |
| 17 | First Banks Inc. Clayton, Mo. | 4.56 | 4.36 | 0.20 | 7,368,353 |
| 18 | TCF Financial Corp. Minneapolis | 4.52 | 4.45 | 0.07 | 11,724,319 |
| 19 | Greater Bay Bancorp Palo Alto, Calif. | 4.51 | 4.33 | 0.18 | 7,641,347 |
| 20 | Hancock Holding Co. Gulfport, Miss. | 4.41 | 4.34 | 0.07 | 4,365,666 |
| 21 | Whitney Holding Corp. New Orleans | 4.40 | 4.57 | -0.17 | 7,855,897 |
| 22 | First Interstate BancSystem Inc. Billings, Mont. | 4.40 | 4.33 | 0.07 | 3,883,535 |
| 23 | Commerce Bancorp Inc. Cherry Hill, N.J. | 4.39 | 4.59 | -0.20 | 24,955,251 |
| 24 | Mercantile Bankshares Corp. Baltimore | 4.37 | 4.57 | -0.20 | 14,142,382 |
| 25 | North Fork Bancorp. Inc. Melville, N.Y. | 4.33 | 4.36 | -0.03 | 21,974,137 |
| 26 | Zions Bancorp. Salt Lake City | 4.32 | 4.54 | -0.22 | 29,789,703 |
| 27 | Bank of Hawaii Corp. Honolulu | 4.30 | 4.29 | 0.01 | 10,013,442 |
| 28 | Texas Regional Bancshares Inc. McAllen | 4.30 | 3.99 | 0.31 | 5,453,371 |
| 29 | U.S. Bancorp Minneapolis | 4.29 | 4.19 | 0.10 | 192,093,000 |
| 30 | Hudson United Bancorp Mahwah, N.J. | 4.25 | 4.36 | -0.11 | 7,972,645 |
| 31 | Synovus Financial Corp. Columbus, Ga. | 4.24 | 4.31 | -0.07 | 22,286,347 |
| 32 | East West Bancorp Inc. San Marino, Calif. | 4.23 | 4.01 | 0.22 | 4,622,860 |
| 33 | Corus Bankshares Inc. Chicago | 4.23 | 4.30 | -0.07 | 3,691,906 |
| 34 | National Penn Bancshares Inc. Boyertown, Pa. | 4.20 | 4.52 | -0.32 | 3,567,191 |
| 35 | BancFirst Corp. Oklahoma City | 4.20 | 4.32 | -0.12 | 3,051,815 |
| 36 | Hibernia Corp. New Orleans | 4.17 | 4.42 | -0.25 | 18,716,765 |
| 37 | Chittenden Corp. Burlington, Vt. | 4.17 | 4.22 | -0.05 | 5,807,632 |
| 38 | National City Corp. Cleveland | 4.16 | 4.21 | -0.05 | 111,355,060 |
| 39 | PFF Bancorp Inc. Pomona, Calif. | 4.16 | 3.92 | 0.24 | 3,677,694 |
| 40 | UnionBanCal Corp. San Francisco | 4.14 | 4.80 | -0.66 | 46,102,177 |
| 41 | Popular Inc. Hato Rey, Puerto Rico | 4.12 | 4.30 | -0.18 | 38,101,986 |
| 42 | Chemical Financial Corp. Midland, Mich. | 4.12 | 4.25 | -0.13 | 3,910,572 |
| 43 | Glacier Bancorp Inc. Kalispell, Mont. | 4.11 | 4.12 | -0.01 | 2,829,041 |
| 44 | NBT Bancorp Inc. Norwich, N.Y. | 4.10 | 4.38 | -0.28 | 4,016,733 |
| 45 | First Financial Bancorp Hamilton, Ohio | 4.10 | 4.48 | -0.38 | 3,918,625 |
| 46 | BB&T Corp. Winston-Salem, N.C. | 4.09 | 4.13 | -0.04 | 94,281,503 |
| 47 | Cathay General Bancorp Los Angeles | 4.07 | 4.09 | -0.02 | 5,686,215 |
| 48 | F.N.B. Corp. Hermitage, Pa. | 4.04 | 4.70 | -0.66 | 4,635,436 |
| 49 | Cullen/Frost Bankers Inc. San Antonio | 4.03 | 4.10 | -0.07 | 9,989,821 |
| 50 | Southwest Bancorp. of Texas Inc. Houston | 4.03 | 4.11 | -0.08 | 6,114,218 |
| 51 | Valley National Bancorp Wayne, N.J. | 4.02 | 4.46 | -0.44 | 10,139,088 |
| 52 | CVB Financial Corp. Ontario, Calif. | 4.02 | 4.60 | -0.58 | 4,009,916 |
| 53 | Citizens Banking Corp. Flint, Mich. | 4.01 | 4.15 | -0.14 | 7,692,421 |
| 54 | New York Community Bancorp Inc. Westbury | 4.00 | 4.17 | -0.17 | 26,494,456 |
| 55 | First National Bankshares of Florida Naples | 4.00 | 4.57 | -0.57 | 3,998,528 |
| 56 | United Community Banks Inc. Blairsville, Ga. | 3.99 | 4.05 | -0.06 | 4,118,188 |
| 57 | S&T Bancorp Inc. Indiana, Pa. | 3.98 | 4.20 | -0.22 | 2,956,404 |
| 58 | First Midwest Bancorp Inc. Itasca, Ill. | 3.97 | 4.06 | -0.09 | 6,848,701 |
| 59 | Trustco Bank Corp. Glenville, N.Y. | 3.95 | 3.96 | -0.01 | 2,900,855 |
| 60 | Trustmark Corp. Jackson, Miss. | 3.94 | 4.49 | -0.55 | 8,090,463 |
| 61 | M&T Bank Corp. Buffalo | 3.92 | 4.32 | -0.40 | 50,832,480 |
| 62 | First Merchants Corp. Muncie, Ind. | 3.87 | 4.38 | -0.51 | 3,025,141 |
| 63 | National Commerce Financial Corp. Memphis | 3.86 | 3.98 | -0.12 | 23,038,522 |
| 64 | United Bankshares Inc. Charleston, W.Va. | 3.86 | 3.76 | 0.10 | 6,433,296 |
| 65 | Comerica Inc. Detroit | 3.83 | 4.30 | -0.47 | 54,468,000 |
| 66 | Union Planters Corp. Memphis | 3.82 | 4.24 | -0.42 | 31,497,964 |
| 67 | Associated Banc-Corp Green Bay, Wis. | 3.80 | 3.87 | -0.07 | 15,510,868 |
| 68 | Fulton Financial Corp. Lancaster, Pa. | 3.79 | 4.06 | -0.27 | 9,620,191 |
| 69 | Commerce Bancshares Inc. Kansas City, Mo. | 3.78 | 4.19 | -0.41 | 14,485,217 |
| 70 | First Citizens Bancorp. Inc. Columbia, S.C. | 3.78 | 3.75 | 0.03 | 4,412,106 |
| 71 | KeyCorp Cleveland | 3.74 | 3.86 | -0.12 | 84,448,000 |
| 72 | FirstMerit Corp. Akron | 3.74 | 4.21 | -0.47 | 10,450,306 |
| 73 | BFC Financial Corp. Fort Lauderdale, Fla. | 3.73 | 3.35 | 0.38 | 5,074,638 |
| 74 | Taylor Capital Group Inc. Rosemont, Ill. | 3.73 | 4.13 | -0.40 | 2,717,854 |
| 75 | WesBanco Inc. Wheeling W.Va. | 3.71 | 3.65 | 0.06 | 3,376,512 |
| 76 | Banner Corp. Walla Walla, Wash. | 3.70 | 3.66 | 0.04 | 2,712,985 |
| 77 | Marshall & Ilsley Corp. Milwaukee | 3.69 | 3.79 | -0.10 | 35,476,435 |
| 78 | Sky Financial Group Inc. Bowling Green, Ohio | 3.69 | 3.87 | -0.18 | 12,093,391 |
| 79 | First Horizon National Corp. Memphis | 3.68 | 3.97 | -0.29 | 27,084,168 |
| 80 | Banknorth Group Inc. Portland, Maine | 3.68 | 3.66 | 0.02 | 26,879,592 |
| 81 | Bremer Financial Corp. St. Paul | 3.66 | 4.10 | -0.44 | 5,721,282 |
| 82 | UCBH Holdings Inc. San Francisco | 3.65 | 3.41 | 0.24 | 5,718,869 |
| 83 | Amcore Financial Inc. Rockford, Ill. | 3.65 | 3.56 | 0.09 | 4,619,036 |
| 84 | BancWest Corp. Honolulu | 3.64 | 4.49 | -0.85 | 38,914,093 |
| 85 | Compass Bancshares Inc. Birmingham, Ala. | 3.64 | 4.29 | -0.65 | 27,480,584 |
| 86 | Independence Community Bank Corp. Brooklyn, N.Y. | 3.64 | 3.97 | -0.33 | 9,974,910 |
| 87 | MB Financial Inc. Chicago | 3.63 | 3.79 | -0.16 | 4,432,980 |
| 88 | Alabama National Bancorp. Birmingham, Ala. | 3.62 | 3.70 | -0.08 | 4,947,047 |
| 89 | Fifth Third Bancorp Cincinnati | 3.60 | 3.74 | -0.14 | 93,732,210 |
| 90 | Colonial BancGroup Inc. Montgomery, Ala. | 3.57 | 3.42 | 0.15 | 16,498,998 |
| 91 | BancorpSouth Inc. Tupelo, Miss. | 3.57 | 3.97 | -0.40 | 10,582,429 |
| 92 | Susquehanna Bancshares Inc. Lititz, Pa. | 3.57 | 3.88 | -0.31 | 6,049,768 |
| 93 | Regions Financial Corp. Birmingham, Ala. | 3.56 | 3.50 | 0.06 | 48,776,943 |
| 94 | AmSouth Bancorp. Birmingham, Ala. | 3.56 | 4.11 | -0.55 | 47,414,968 |
| 95 | First Niagara Financial Group Lockport, N.Y. | 3.56 | 3.21 | 0.35 | 4,979,890 |
| 96 | Wachovia Corp. Charlotte | 3.55 | 3.86 | -0.31 | 410,991,000 |
| 97 | Wilmington Trust Corp. Del. | 3.53 | 3.75 | -0.22 | 9,170,400 |
| 98 | 1st Source Corp. South Bend, Ind. | 3.53 | 3.72 | -0.19 | 3,222,713 |
| 99 | SouthTrust Corp. Birmingham, Ala. | 3.50 | 3.69 | -0.19 | 52,672,941 |
| 100 | Provident Financial Services Inc. Jersey City | 3.50 | 3.50 | 0.00 | 4,258,273 |
| 101 | BOK Financial Corp. Tulsa | 3.45 | 3.57 | -0.12 | 13,760,112 |
| 102 | Santander BanCorp Hato Rey, Puerto Rico | 3.42 | 3.19 | 0.23 | 7,401,850 |
| 103 | Seacoast Financial Services Corp. New Bedford, Mass. | 3.41 | 3.64 | -0.23 | 4,452,865 |
| 104 | South Financial Group Inc. Greenville, S.C. | 3.39 | 3.54 | -0.15 | 10,874,634 |
| 105 | Old National Bancorp Evansville, Ind. | 3.37 | 3.46 | -0.09 | 9,259,334 |
| 106 | Huntington Bancshares Inc. Columbus, Ohio | 3.36 | 3.81 | -0.45 | 31,039,080 |
| 107 | First Citizens Bancshares Inc. Raleigh | 3.35 | 3.37 | -0.02 | 12,706,955 |
| 108 | First BanCorp Santurce, Puerto Rico | 3.33 | 3.68 | -0.35 | 13,347,462 |
| 109 | Sterling Financial Corp. Spokane | 3.33 | 3.36 | -0.03 | 6,095,155 |
| 110 | PNC Financial Services Group Pittsburgh | 3.30 | 3.76 | -0.46 | 74,115,000 |
| 111 | GreenPoint Financial Corp. New York | 3.30 | 3.51 | -0.21 | 23,843,000 |
| 112 | Northwest Bancorp Inc. Warren, Pa. | 3.30 | 3.13 | 0.17 | 5,801,532 |
| 113 | Fidelity Bankshares Inc. West Palm Beach, Fla. | 3.30 | 3.51 | -0.21 | 3,240,786 |
| 114 | Dime Community Bancshares Inc. Brooklyn, N.Y. | 3.29 | 3.68 | -0.39 | 3,372,951 |
| 115 | Sovereign Bancorp Inc. Philadelphia | 3.28 | 3.50 | -0.22 | 47,043,215 |
| 116 | First Commonwealth Financial Corp. Indiana, Pa. | 3.27 | 3.78 | -0.51 | 5,225,461 |
| 117 | Washington Federal Inc. Seattle | 3.26 | 3.69 | -0.43 | 7,543,092 |
| 118 | Wintrust Financial Corp. Lake Forest, Ill. | 3.26 | 3.15 | 0.11 | 4,962,773 |
| 119 | First Federal Capital Corp. La Crosse, Wis. | 3.26 | 2.61 | 0.65 | 3,743,097 |
| 120 | Bank One Corp. Chicago | 3.25 | 3.46 | -0.21 | 319,590,000 |
| 121 | Bank of America Corp. Charlotte | 3.22 | 3.52 | -0.30 | 816,012,000 |
| 122 | First Republic Bank San Francisco | 3.22 | 3.20 | 0.02 | 6,288,265 |
| 123 | Provident Bankshares Corp. Baltimore | 3.19 | 3.18 | 0.01 | 5,268,743 |
| 124 | First Charter Corp. Charlotte | 3.19 | 3.16 | 0.03 | 4,247,861 |
| 125 | Hawthorne Financial Corp. El Segundo, Calif. | 3.18 | 3.44 | -0.26 | 2,744,973 |
| 126 | SunTrust Banks Inc. Atlanta | 3.13 | 3.21 | -0.08 | 125,244,501 |
| 127 | MAF Bancorp Inc. Clarendon Hills, Ill. | 3.10 | 2.94 | 0.16 | 9,077,753 |
| 128 | Webster Financial Corp. Waterbury, Conn. | 3.09 | 3.30 | -0.21 | 15,090,270 |
| 129 | Gold Banc Corp. Inc. Leawood, Kan. | 3.09 | 3.38 | -0.29 | 4,288,226 |
| 130 | Unizan Financial Corp. Canton, Ohio | 3.08 | 3.54 | -0.46 | 2,761,184 |
| 131 | FirstFed Financial Corp. Santa Monica, Calif. | 3.07 | 3.49 | -0.42 | 5,173,025 |
| 132 | Charter One Financial Inc. Cleveland | 3.04 | 2.99 | 0.05 | 41,278,929 |
| 133 | UMB Financial Corp. Kansas City, Mo. | 3.04 | 3.30 | -0.26 | 6,861,265 |
| 134 | Peoples Bank Bridgeport, Conn. | 3.03 | 2.93 | 0.10 | 10,669,100 |
| 135 | Riggs National Corp. Washington | 3.03 | 3.25 | -0.22 | 6,179,275 |
| 136 | Anchor BanCorp Wisconsin Inc. Madison | 3.03 | 3.48 | -0.45 | 3,810,386 |
| 137 | Bank Mutual Corp. Milwaukee | 3.02 | 2.74 | 0.28 | 3,093,989 |
| 138 | U.S.B. Holding Co. Inc. Orangeburg, N.Y. | 3.02 | 3.18 | -0.16 | 2,909,198 |
| 139 | HSBC USA Inc. New York | 2.97 | 3.23 | -0.26 | 102,501,934 |
| 140 | Golden West Financial Corp. Oakland, Calif. | 2.97 | 3.02 | -0.05 | 86,604,771 |
| 141 | Local Financial Corp. Oklahoma City | 2.96 | 3.34 | -0.38 | 2,858,648 |
| 142 | Net.Bank Inc. Alpharetta, Ga. | 2.90 | 2.74 | 0.16 | 4,371,952 |
| 143 | Washington Mutual Inc. Seattle | 2.89 | 3.28 | -0.39 | 280,768,000 |
| 144 | R&G Financial Corp. Hato Rey, Puerto Rico | 2.88 | 2.81 | 0.07 | 8,584,178 |
| 145 | IndyMac Bancorp Inc. Pasadena, Calif. | 2.82 | 2.80 | 0.02 | 14,495,839 |
| 146 | Republic Bancorp Inc. Owosso, Mich. | 2.82 | 3.23 | -0.41 | 5,550,459 |
| 147 | Oriental Financial Group Inc. San Juan, Puerto Rico | 2.81 | 3.01 | -0.20 | 3,466,215 |
| 148 | Hudson City Bancorp Inc. Paramus, N.J. | 2.69 | 2.86 | -0.17 | 17,919,949 |
| 149 | Commercial Federal Corp. Omaha | 2.67 | 2.52 | 0.15 | 12,257,691 |
| 150 | Coastal Bancorp Houston | 2.53 | 2.71 | -0.18 | 2,698,359 |
Source: Highline Banking Data Services (877-299-9424)
© 2004 American Banker