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Largest Banking Companies Ranked by Return on Assets

Published December 03, 2003, 10:08 a.m. EST
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Updated January 02, 1970, 9:08 a.m. EST
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Largest Banking Companies Ranked by Return on Assets

Largest Banking Companies Ranked by Return on Assets
In the second quarter of 2003. Dollars in thousands
Published December 3, 2003
Related Table: Largest Banking Companies Ranked by First-half ROA
    Second quarter First half
    Average assets Net income ROA* ROA*
1 Fremont General Corp. Santa Monica, Calif. $7,007,475 $91,095 5.20% 3.87%
2 MBNA Corp. Wilmington, Del. 55,449,662 543,342 3.92 3.585
3 Flagstar Bancorp Inc. Troy, Mich. 9,840,842 85,580 3.479 2.712
4 Doral Financial Corp. San Juan, Puerto Rico 8,876,155 74,977 3.379 3.31
5 Capital One Financial Corp. McLean, Va. 39,678,236 286,789 2.891 3.056
6 New York Community Bancorp Inc. Westbury 12,169,554 71,752 2.358 2.3
7 GreenPoint Financial Corp. New York 22,233,000 129,900 2.337 2.369
8 Westamerica Bancorp. San Rafael, Calif. 4,304,387 23,671 2.2 2.195
9 National City Corp. Cleveland 119,060,000 616,591 2.072 1.891
10 Mellon Financial Corp. Pittsburgh 34,128,000 175,000 2.051 1.942
11 TCF Financial Corp. Minneapolis 11,816,333 60,291 2.041 2.016
12 U.S. Bancorp Minneapolis 187,055,000 953,600 2.039 2.012
13 Washington Federal Inc. Seattle 7,207,251 36,411 2.021 2.045
14 Fifth Third Bancorp Cincinnati 86,661,000 437,673 2.02 2.019
15 Park National Corp. Newark, Ohio 5,022,925 25,123 2.001 1.968
16 First Tennessee National Corp. Memphis 25,111,850 118,352 1.885 1.96
17 Synovus Financial Corp. Columbus, Ga. 20,834,144 96,367 1.85 1.833
18 Mercantile Bankshares Corp. Baltimore 11,033,724 50,010 1.813 1.837
19 R&G Financial Corp. Hato Rey, Puerto Rico 7,073,134 31,450 1.779 1.78
20 International Bancshares Corp. Laredo, Tex. 6,579,240 28,475 1.731 1.837
21 North Fork Bancorp Inc. Melville, N.Y. 22,309,071 96,113 1.723 1.817
22 Trustmark Corp. Jackson, Miss. 7,347,196 31,164 1.697 1.542
23 East West Bancorp Inc. San Marino, Calif. 3,512,710 14,685 1.672 1.549
24 United Bankshares Inc. Charleston, W.Va. 5,602,868 22,805 1.628 1.602
25 Wells Fargo & Co. San Francisco 375,149,000 1,525,000 1.626 1.652
26 Valley National Bancorp Wayne, N.J. 9,308,327 37,729 1.621 1.647
27 Fulton Financial Corp. Lancaster, Pa. 8,422,985 34,062 1.618 1.631
  Marshall & Ilsley Corp. Milwaukee 33,298,574 134,652 1.618 1.594
29 Independence Community Bank Corp. Brooklyn, N.Y. 8,536,053 34,089 1.597 1.62
30 Anchor BanCorp Wisconsin Inc. Madison, Wis. 3,557,614 14,093 1.585 1.585
31 First Midwest Bancorp Inc. Itasca, Ill. 6,253,122 24,647 1.577 1.545
32 Popular Inc. Hato Rey, Puerto Rico 34,278,629 134,607 1.571 1.386
33 BB&T Corp. Winston-Salem, N.C. 81,012,962 316,237 1.561 1.608
34 Union Planters Corp. Memphis 34,282,920 133,507 1.558 1.583
35 City National Corp. Beverly Hills 11,914,869 46,081 1.547 1.534
36 Texas Regional Bancshares Inc. McAllen 4,022,137 15,455 1.537 1.557
37 Chemical Financial Corp. Midland, Mich. 3,563,035 13,670 1.535 1.552
38 Golden West Financial Corp. Oakland, Calif. 71,100,764 272,473 1.533 1.518
39 Wilmington Trust Corp. Del. 8,567,400 32,600 1.522 1.476
40 IndyMac Bancorp Inc. Pasadena, Calif. 10,881,724 41,369 1.521 1.497
41 Associated Banc-Corp. Green Bay, Wis. 15,016,497 56,669 1.51 1.535
42 Charter One Financial Inc. Cleveland 44,291,833 166,037 1.499 1.44
43 Commerce Bancshares Inc. Kansas City, Mo. 13,550,222 50,487 1.49 1.465
44 Citigroup Inc. New York 1,162,000,000 4,299,000 1.48 1.475
45 AmSouth Bancorp. Birmingham, Ala. 41,917,998 154,825 1.477 1.497
46 CVB Financial Corp. Ontario, Calif. 3,403,516 12,520 1.471 1.556
47 Hudson United Bancorp Mahwah, N.J. 7,976,962 29,135 1.461 1.47
48 UnionBanCal Corp. San Francisco 39,776,349 144,758 1.456 1.435
49 Washington Mutual Inc. Seattle 284,118,000 1,020,000 1.436 1.432
50 Compass Bancshares Inc. Birmingham, Ala. 24,567,531 87,048 1.417 1.4
51 Bank of America Corp. Charlotte 774,644,000 2,738,000 1.414 1.387
52 FirstFed Financial Corp. Santa Monica, Calif. 4,438,704 15,633 1.409 1.418
53 Cullen/Frost Bankers Inc. San Antonio 9,768,606 34,233 1.402 1.356
54 FirstMerit Corp. Akron 10,577,897 36,927 1.396 1.417
55 Hibernia Corp. New Orleans 17,661,900 61,381 1.39 1.339
56 Huntington Bancshares Inc. Columbus, Ohio 28,052,184 97,387 1.389 1.356
57 Hudson City Bancorp Inc. Paramus, N.J. 15,191,353 52,546 1.384 1.412
58 Investors Financial Services Corp. Boston 8,112,144 28,020 1.382 0.874
59 Net.Bank Inc. Alpharetta, Ga. 4,122,008 14,213 1.379 1.286
60 Banknorth Group Inc. Portland, Maine 25,500,680 87,525 1.373 1.336
61 SouthTrust Corp. Birmingham, Ala. 51,342,100 174,780 1.362 1.359
62 Regions Financial Corp. Birmingham, Ala. 48,444,841 164,766 1.36 1.339
63 Staten Island Bancorp Inc. N.Y. 7,170,360 24,268 1.354 1.396
64 Community First Bankshares Inc. Fargo, N.D. 5,644,752 19,086 1.352 1.357
65 Seacoast Financial Services Corp. New Bedford, Mass. 3,999,148 13,316 1.332 0.531
66 Whitney Holding Corp. New Orleans 7,191,244 23,750 1.321 1.324
67 Zions Bancorp. Salt Lake City 28,021,084 92,425 1.319 1.302
68 BOK Financial Corp. Tulsa 12,659,017 41,497 1.311 1.375
  BankAtlantic Bancorp Inc. Fort Lauderdale, Fla. 5,251,318 17,209 1.311 1.234
70 MAF Bancorp Inc. Clarendon Hills, Ill. 5,966,598 19,539 1.31 1.306
71 National Penn Bancshares Inc. Boyertown, Pa. 3,291,532 10,763 1.308 1.343
72 Bank of New York Co. Inc. 90,924,000 295,000 1.298 1.376
72 Bank of New York Co. Inc. 90,924,000 295,000 1.298 1.376
73 National Commerce Financial Corp. Memphis 22,173,395 71,507 1.29 1.248
74 FleetBoston Financial Corp. 196,356,000 624,000 1 1.217
75 Bank of Hawaii Corp. Honolulu 9,508,200 30,034 1.263 1.429
76 Comerica Inc. Detroit 53,969,000 170,000 1.26 1.30
77 First BanCorp Santurce, Puerto Rico 9,306,733 29,271 1.258 1.408
78 Chittenden Corp. Burlington, Vt. 5,943,041 18,627 1.254 1.261
79 Republic Bancorp Inc. Owosso, Mich. 4,840,227 15,158 1.253 1.277
  MB Financial Inc. Chicago 4,180,008 13,089 1.253 1.243
81 UCBH Holdings Inc. San Francisco 4,929,458 15,428 1.252 1.205
  NBT Bancorp Inc. Norwich, N.Y. 3,773,460 11,808 1.252 1.251
83 Southwest Bancorp of Texas Inc. Houston 5,110,192 15,963 1.25 1.227
84 Bank One Corp. Chicago 276,273,000 856,000 1.239 1.221
85 Sky Financial Group Inc. Bowling Green, Ohio 12,146,271 37,509 1.235 1.271
86 Charles Schwab Corp. San Francisco 41,138,000 126,000 1.225 0.97
87 HSBC USA Inc. New York 89,807,000 272,805 1.215 1.165
88 Wachovia Corp. Charlotte 341,718,000 1,032,000 1.208 1.213
89 Pacific Capital Bancorp Santa Barbara, Calif. 4,442,637 13,399 1.206 2.173
90 F.N.B. Corp. Naples, Fla. 8,209,473 24,656 1.201 1.252
91 Hancock Holding Co. Gulfport, Miss. 4,132,659 12,382 1.198 1.274
92 Community Bank System Inc. Dewitt, N.Y. 3,356,400 10,032 1.196 1.185
93 Bremer Financial Corp. St. Paul 5,301,097 15,387 1.161 1.212
94 Webster Financial Corp. Waterbury, Conn. 14,071,606 40,610 1.154 1.159
95 Susquehanna Bancshares Inc. Lititz, Pa. 5,679,792 16,314 1.149 1.157
96 Greater Bay Bancorp Palo Alto, Calif. 8,055,962 23,125 1.148 1.206
97 First Commonwealth Financial Corp. Indiana, Pa. 4,686,742 13,427 1.146 1.16
98 Alabama National Bancorp Birmingham 3,551,532 10,164 1.145 1.143
99 First Federal Capital Corp. La Crosse, Wis. 3,078,772 8,771 1.14 1.099
100 BancorpSouth Inc. Tupelo, Miss. 10,287,130 29,241 1.137 1.336
101 PNC Financial Services Group Pittsburgh 65,565,000 184,000 1.123 1.356
102 Old National Bancorp Evansville, Ind. 9,664,709 27,067 1.12 1.113
103 W Holding Co. Mayaguez, Puerto Rico 9,172,594 25,654 1.119 0.916
104 SunTrust Banks Inc. Atlanta 119,448,000 330,359 1.106 1.107
105 First Financial Bancorp Hamilton, Ohio 3,841,251 10,610 1.105 1.122
106 First Interstate BancSystem Inc. Billings, Mont. 3,711,521 10,235 1.103 1.04
107 M&T Bank Corp. Buffalo 49,010,000 134,040 1.094 1.22
108 KeyCorp Cleveland 84,712,000 225,000 1.062 1.029
109 Amcore Financial Inc. Rockford, Ill. 4,372,831 11,227 1.027 0.996
110 South Financial Group Inc. Greenville, S.C. 8,863,338 22,699 1.024 0.991
111 First Niagara Financial Group Lockport, N.Y. 3,579,903 9,100 1.017 0.95
112 Sovereign Bancorp Inc. Philadelphia 41,319,165 104,174 1.008 0.88
  United Community Banks Inc. Blairsville, Ga. 3,756,689 9,469 1.008 0.998
114 First Citizens Bancorp of South Carolina Columbia 4,130,999 10,297 0.997 1.016
115 Commerce Bancorp Inc. Cherry Hill, N.J. 18,498,841 45,317 0.98 0.982
116 Provident Bankshares Corp. Baltimore 4,998,848 12,195 0.976 0.971
117 Irwin Financial Corp. Columbus, Ind. 5,448,043 13,227 0.971 0.993
118 Sterling Financial Corp. Spokane 3,957,903 9,517 0.962 0.908
119 J.P. Morgan Chase & Co. New York 764,655,000 1,827,000 0.956 0.837
120 Colonial BancGroup Inc. Montgomery, Ala. 15,825,380 37,747 0.954 0.941
121 Westcorp Irvine, Calif. 13,417,285 31,603 0.942 0.842
122 WesBanco Inc. Wheeling, W.Va. 3,348,486 7,741 0.925 1.001
123 Wintrust Financial Corp. Lake Forest, Ill. 4,023,695 9,019 0.897 0.882
124 Astoria Financial Corp. Lake Success, N.Y. 23,119,585 50,889 0.88 0.944
125 Trust Co. of New Jersey Jersey City 4,308,467 9,398 0.873 0.583
126 Provident Financial Services Inc. Jersey City 4,134,273 8,838 0.855 0.118
127 Waypoint Financial Corp. Harrisburg, Pa. 5,441,384 11,545 0.849 0.85
128 First Republic Bank San Francisco 5,262,197 10,839 0.824 0.884
129 First Banks Inc. Clayton, Mo. 7,160,588 14,700 0.821 0.94
130 Northwest Bancorp Inc. Warren, Pa. 4,839,102 9,764 0.807 0.852
131 UMB Financial Corp. Kansas City, Mo. 7,165,119 13,476 0.752 0.762
132 Harris Bankcorp Inc. Chicago 29,821,000 54,982 0.737 0.766
133 Gold Banc Corp. Inc. Leawood, Kan. 4,081,821 7,285 0.714 0.07
134 Northern Trust Corp. Chicago 38,561,100 66,600 0.691 0.849
135 Commercial Federal Corp. Omaha 13,155,433 22,702 0.69 0.698
136 First Citizens Bancshares Inc. Raleigh 12,203,618 20,772 0.681 0.644
137 Citizens Banking Corp. Flint, Mich. 7,809,078 13,214 0.677 0.741
138 Downey Financial Corp. Newport Beach, Calif. 11,419,987 18,515 0.649 0.843
139 BankUnited Financial Corp. Coral Gables, Fla. 6,561,504 9,627 0.587 0.575
140 1st Source Corp. South Bend, Ind. 3,299,570 4,690 0.569 0.557
141 Sterling Bancshares Inc. Houston 3,440,615 4,641 0.54 0.934
142 People’s Bank Bridgeport, Conn. 11,780,200 15,500 0.526 0.527
143 Capitol Federal Financial Topeka, Kan. 8,687,731 7,527 0.347 0.751
144 Santander BanCorp Hato Rey, Puerto Rico 6,367,776 5,338 0.335 0.25
145 Provident Financial Group Inc. Cincinnati 17,872,000 13,203 0.296 0.441
146 BFC Financial Corp. Fort Lauderdale, Fla. 5,251,318 1,870 0.142 0.147
147 Riggs National Corp. Washington, D.C. 6,487,092 1,769 0.109 0.232
148 Silicon Valley Bancshares Santa Clara, Calif. 3,890,564 -576 -0.059 0.506
149 State Street Corp. Boston 81,105,500 -23,000 -0.113 0.179
150 First Charter Corp. Charlotte 3,990,872 -4,204 -0.421 0.294


*Annualized
Source: Shesunoff Information Services, a division of Thomson Corp.
© 2003 American Banker


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