Largest Banking Companies Ranked by Return on Equity
November 23, 2004, 10:08 a.m. EST 1 Min Read
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Largest Banking Companies Ranked by Return on Equity
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Published November 23, 2004 | |||||
Rank | Second quarter | First half ROE* | |||
Average equity | Net income | ROE* | |||
1 | Fremont General Corp. Santa Monica, Calif. | $799,495 | $95,378 | 47.719% | 47.234% |
2 | Westamerica Bancorp. San Rafael, Calif. | 318,560 | 24,644 | 30.944 | 30.649 |
3 | Investors Financial Services Corp. Boston | 473,082 | 35,418 | 29.947 | 23.904 |
4 | TCF Financial Corp. Minneapolis | 942,378 | 65,218 | 27.682 | 26.817 |
5 | Trustco Bank Corp. Glenville, N.Y. | 213,533 | 14,371 | 26.920 | 25.683 |
6 | Doral Financial Corp. San Juan, Puerto Rico | 1,733,002 | 114,906 | 26.522 | 25.873 |
7 | Hudson United Bancorp Mahwah, N.J. | 478,972 | 31,659 | 26.439 | 26.402 |
8 | Signature Bank New York | 277,280 | 18,273 | 26.360 | 18.259 |
9 | First Horizon National Corp. Memphis | 1,870,932 | 118,384 | 25.310 | 24.852 |
10 | F.N.B. Corp. Hermitage, Pa. | 239,667 | 15,065 | 25.143 | 25.889 |
11 | Oriental Financial Group Inc. San Juan, Puerto Rico | 290,672 | 18,078 | 24.878 | 26.427 |
12 | Bank of Hawaii Corp. Honolulu | 732,700 | 44,232 | 24.147 | 21.912 |
13 | Flagstar Bancorp Inc. Troy, Mich. | 692,422 | 41,190 | 23.795 | 22.981 |
14 | UnionBanCal Corp. San Francisco | 3,933,788 | 231,097 | 23.499 | 19.716 |
15 | Capital One Financial Corp. McLean, Va. | 6,943,278 | 407,387 | 23.469 | 25.643 |
16 | CVB Financial Corp. Ontario, Calif. | 304,452 | 17,452 | 22.929 | 18.405 |
17 | North Fork Bancorp. Inc. Melville, N.Y. | 1,912,760 | 108,999 | 22.794 | 24.425 |
18 | MBNA Corp. Wilmington, Del. | 11,773,265 | 660,335 | 22.435 | 19.840 |
19 | U.S. Bancorp Minneapolis | 19,043,000 | 1,036,900 | 21.780 | 21.179 |
20 | Valley National Bancorp Wayne, N.J. | 681,387 | 36,729 | 21.561 | 22.375 |
21 | Fifth Third Bancorp Cincinnati | 8,566,000 | 447,710 | 20.906 | 20.250 |
22 | R&G Financial Corp. Hato Rey, Puerto Rico | 781,179 | 40,747 | 20.864 | 20.570 |
23 | AmSouth Bancorp. Birmingham, Ala. | 3,305,636 | 166,963 | 20.203 | 19.931 |
24 | National City Corp. Cleveland | 10,370,000 | 519,046 | 20.021 | 29.664 |
25 | Commerce Bancorp Inc. Cherry Hill, N.J. | 1,333,994 | 66,235 | 19.861 | 18.613 |
26 | Independent Bank Corp. Ionia, Mich. | 181,652 | 8,983 | 19.781 | 19.995 |
27 | Golden West Financial Corp. Oakland, Calif. | 6,404,810 | 316,718 | 19.780 | 19.726 |
28 | Wells Fargo & Co. San Francisco | 35,190,000 | 1,714,000 | 19.483 | 19.849 |
29 | First Midwest Bancorp Inc. Itasca, Ill. | 515,515 | 24,712 | 19.175 | 18.768 |
30 | Compass Bancshares Inc. Birmingham, Ala. | 1,924,432 | 91,745 | 19.070 | 18.588 |
31 | Huntington Bancshares Inc. Columbus, Ohio | 2,323,000 | 110,127 | 18.963 | 18.627 |
32 | W Holding Co. Inc. Mayaguez, Puerto Rico | 872,319 | 41,023 | 18.811 | 19.005 |
33 | Associated Banc-Corp. Green Bay, Wis. | 1,374,632 | 64,505 | 18.770 | 18.023 |
34 | Mellon Financial Corp. Pittsburgh | 3,796,000 | 176,000 | 18.546 | 22.340 |
35 | UCBH Holdings Inc. San Francisco | 437,288 | 20,268 | 18.540 | 18.559 |
36 | Dime Community Bancshares Inc. Brooklyn, N.Y. | 269,337 | 12,406 | 18.425 | 18.065 |
37 | Trustmark Corp. Jackson, Miss. | 717,381 | 33,023 | 18.413 | 16.815 |
38 | Westcorp Irvine, Calif. | 1,191,408 | 54,415 | 18.269 | 16.777 |
39 | Park National Corp. Newark, Ohio | 529,667 | 24,085 | 18.189 | 17.536 |
40 | First Banks Inc. Clayton, Mo. | 574,197 | 26,003 | 18.114 | 15.634 |
41 | Cullen/Frost Bankers Inc. San Antonio | 757,896 | 34,118 | 18.007 | 17.392 |
42 | Popular Inc. Hato Rey, Puerto Rico | 2,859,664 | 127,799 | 17.876 | 17.481 |
43 | Marshall & Ilsley Corp. Milwaukee | 3,405,894 | 151,709 | 17.817 | 17.571 |
44 | First Interstate BancSystem Inc. Billings, Mont. | 282,843 | 12,572 | 17.779 | 15.866 |
45 | Corus Bankshares Inc. Chicago | 552,935 | 24,576 | 17.779 | 15.436 |
46 | Wilmington Trust Corp. Del. | 823,900 | 36,500 | 17.721 | 17.485 |
47 | Commercial Capital Bancorp Inc. Irvine, Calif. | 247,338 | 10,923 | 17.665 | 20.291 |
48 | East West Bancorp Inc. San Marino, Calif. | 411,838 | 18,029 | 17.511 | 17.735 |
49 | Synovus Financial Corp. Columbus, Ga. | 2,402,271 | 105,141 | 17.507 | 17.723 |
50 | Glacier Bancorp Inc. Kalispell, Mont. | 247,483 | 10,763 | 17.396 | 17.444 |
51 | PNC Financial Services Group Pittsburgh | 7,034,000 | 304,000 | 17.287 | 18.003 |
52 | Republic Bancorp Inc. Owosso, Mich. | 382,629 | 16,368 | 17.111 | 17.132 |
53 | BankAtlantic Bancorp Inc. Fort Lauderdale, Fla. | 435,852 | 18,620 | 17.088 | 12.807 |
54 | Central Pacific Financial Corp. Honolulu | 203,358 | 8,668 | 17.050 | 16.410 |
55 | Bank of New York Co. Inc. | 8,704,000 | 371,000 | 17.050 | 17.067 |
56 | HSBC USA Inc. New York | 7,792,000 | 331,000 | 16.992 | 16.861 |
57 | Hudson City Bancorp Inc. Paramus, N.J. | 1,375,819 | 58,418 | 16.984 | 16.870 |
58 | City National Corp. Beverly Hills | 1,230,167 | 52,200 | 16.973 | 16.817 |
59 | Northern Trust Corp. Chicago | 3,112,500 | 130,800 | 16.810 | 16.732 |
60 | U.S.B. Holding Co. Inc. Orangeburg, N.Y. | 168,496 | 7,037 | 16.705 | 16.927 |
61 | Astoria Financial Corp. Lake Success, N.Y. | 1,390,146 | 57,501 | 16.545 | 15.849 |
62 | Bank of America Corp. Charlotte | 93,266,000 | 3,849,000 | 16.508 | 18.401 |
63 | S & T Bancorp Inc. Indiana, Pa. | 330,474 | 13,572 | 16.427 | 13.734 |
64 | International Bancshares Corp. Laredo, Tex. | 638,990 | 26,229 | 16.419 | 17.112 |
65 | Hibernia Corp. New Orleans | 1,820,800 | 73,350 | 16.114 | 15.390 |
66 | First Financial Holdings Inc. Charleston, S.C. | 166,529 | 6,702 | 16.098 | 14.750 |
67 | NBT Bancorp Inc. Norwich, N.Y. | 314,980 | 12,568 | 15.960 | 15.808 |
68 | Irwin Financial Corp. Columbus, Ind. | 461,336 | 17,944 | 15.558 | 15.733 |
69 | Wachovia Corp. Charlotte | 32,496,000 | 1,252,000 | 15.411 | 15.348 |
70 | Comerica Inc. Detroit | 5,003,000 | 192,000 | 15.351 | 14.023 |
71 | United Bankshares Inc. Charleston, W.Va. | 633,242 | 24,214 | 15.295 | 15.201 |
72 | MB Financial Inc. Chicago | 405,920 | 15,470 | 15.244 | 15.209 |
73 | Sky Financial Group Inc. Bowling Green, Ohio | 1,060,518 | 40,201 | 15.163 | 18.887 |
74 | Zions Bancorp. Salt Lake City | 2,618,259 | 98,842 | 15.100 | 15.278 |
75 | BB&T Corp. Winston-Salem, N.C. | 10,608,131 | 400,106 | 15.087 | 13.994 |
76 | National Penn Bancshares Inc. Boyertown, Pa. | 323,641 | 12,180 | 15.054 | 15.120 |
77 | Pacific Capital Bancorp Santa Barbara, Calif. | 441,279 | 16,547 | 14.999 | 27.907 |
78 | Independent Bank Corp. Rockland, Mass. | 176,618 | 6,621 | 14.995 | 15.081 |
79 | Harleysville National Corp. Pa. | 250,504 | 9,382 | 14.981 | 15.150 |
80 | Harbor Florida Bancshares Inc. Fort Pierce | 274,343 | 10,269 | 14.972 | 14.802 |
81 | Hancock Holding Co. Gulfport, Miss. | 439,972 | 16,372 | 14.885 | 13.914 |
82 | FirstFed Financial Corp. Santa Monica, Calif. | 445,848 | 16,553 | 14.851 | 14.167 |
83 | State Street Corp. Boston | 5,926,000 | 220,000 | 14.850 | 14.851 |
84 | Commerce Bancshares Inc. Kansas City, Mo. | 1,452,019 | 53,838 | 14.831 | 14.421 |
85 | Prosperity Bancshares Inc. Houston, Tex. | 228,689 | 8,362 | 14.626 | 14.534 |
86 | SunTrust Banks Inc. Atlanta | 10,194,200 | 364,837 | 14.315 | 14.441 |
87 | BOK Financial Corp. Tulsa | 1,275,108 | 45,533 | 14.284 | 13.410 |
88 | First BanCorp Santurce, Puerto Rico | 1,119,628 | 39,935 | 14.267 | 14.413 |
89 | United Community Banks Inc. Blairsville, Ga. | 311,942 | 11,049 | 14.168 | 14.257 |
90 | BancorpSouth Inc. Tupelo, Miss. | 886,197 | 31,273 | 14.116 | 13.341 |
91 | Colonial BancGroup Inc. Montgomery, Ala. | 1,240,975 | 43,334 | 13.968 | 13.507 |
92 | Anchor BanCorp Wisconsin Inc. Madison | 304,802 | 10,597 | 13.907 | 13.907 |
93 | KeyCorp Cleveland | 6,879,000 | 239,000 | 13.897 | 14.147 |
94 | Webster Financial Corp. Waterbury, Conn. | 1,323,070 | 45,843 | 13.860 | 14.059 |
95 | First Charter Corp. Charlotte, N.C. | 296,699 | 10,255 | 13.825 | 13.003 |
96 | Cathay General Bancorp Los Angeles | 641,866 | 22,144 | 13.800 | 13.223 |
97 | Fulton Financial Corp. Lancaster, Pa. | 1,101,590 | 37,864 | 13.749 | 14.373 |
98 | Community Trust Bancorp Inc. Pikeville, Ky. | 225,822 | 7,756 | 13.738 | 13.318 |
99 | Santander BanCorp Hato Rey, Puerto Rico | 467,743 | 16,046 | 13.722 | 16.587 |
100 | Texas Regional Bancshares Inc. McAllen | 549,340 | 18,832 | 13.712 | 14.327 |
101 | Wintrust Financial Corp. Lake Forest, Ill. | 366,841 | 12,493 | 13.622 | 13.332 |
102 | Bremer Financial Corp. St. Paul | 439,455 | 14,946 | 13.604 | 13.528 |
103 | Sovereign Bancorp Inc. Philadelphia | 3,879,403 | 131,354 | 13.544 | 12.559 |
104 | Banknorth Group Inc. Portland, Maine | 28,466,166 | 95,847 | 13.468 | 13.740 |
105 | Silicon Valley Bancshares Santa Clara, Calif. | 467,076 | 15,708 | 13.452 | 12.770 |
106 | Greater Bay Bancorp Palo Alto, Calif. | 730,420 | 24,533 | 13.435 | 13.194 |
107 | PFF Bancorp Inc. Pomona, Calif. | 321,778 | 10,775 | 13.394 | 13.394 |
108 | Integra Bank Corp. Evansville, Ind. | 200,084 | 6,655 | 13.304 | -19.050 |
109 | BancFirst Corp. Oklahoma City | 263,009 | 8,638 | 13.137 | 12.624 |
110 | M&T Bank Corp. Buffalo | 5,656,000 | 184,385 | 13.040 | 12.081 |
111 | Sandy Spring Bancorp Inc. Olney, Md. | 196,719 | 6,393 | 12.999 | 13.956 |
112 | Washington Federal Inc. Seattle | 1,094,537 | 35,032 | 12.802 | 12.403 |
113 | Southwest Bancorp. of Texas Inc. Houston | 512,322 | 16,221 | 12.665 | 12.284 |
114 | FirstMerit Corp. Akron | 982,195 | 31,028 | 12.636 | 8.860 |
115 | BFC Financial Corp. Fort Lauderdale, Fla. | 104,484 | 3,261 | 12.484 | 15.774 |
116 | Alabama National Bancorp. Birmingham | 424,519 | 13,244 | 12.479 | 12.726 |
117 | Yardville National Bancorp Hamilton, N.J. | 143,056 | 4,462 | 12.476 | 11.461 |
118 | Sterling Financial Corp. Spokane | 436,652 | 13,483 | 12.351 | 12.149 |
119 | Chittenden Corp. Burlington, Vt. | 589,067 | 18,154 | 12.327 | 12.119 |
120 | Hudson River Bancorp Inc. Hudson, N.Y. | 286,692 | 8,835 | 12.327 | 12.327 |
121 | First National Bankshares of Florida Naples | 369,718 | 11,291 | 12.216 | 11.670 |
122 | Heartland Financial USA Inc. Dubuque, Iowa | 150,396 | 4,575 | 12.168 | 13.149 |
123 | Mercantile Bankshares Corp. Baltimore | 1,851,761 | 56,313 | 12.164 | 12.117 |
124 | South Financial Group Inc. Greenville, S.C. | 1,002,000 | 29,987 | 11.971 | 12.465 |
125 | Downey Financial Corp. Newport Beach, Calif. | 931,303 | 27,821 | 11.949 | 7.938 |
126 | Citizens Banking Corp. Flint, Mich. | 627,601 | 18,722 | 11.932 | 11.375 |
127 | Capitol Bancorp Ltd. Lansing, Mich. | 232,149 | 6,911 | 11.908 | 9.963 |
128 | Fidelity Bankshares Inc. West Palm Beach, Fla. | 191,213 | 5,688 | 11.899 | 11.987 |
129 | Chemical Financial Corp. Midland, Mich. | 469,366 | 13,866 | 11.817 | 12.003 |
130 | WesBanco Inc. Wheeling, W.Va. | 319,198 | 9,363 | 11.733 | 11.951 |
131 | Independence Community Bank Corp. Brooklyn, N.Y. | 2,016,667 | 58,248 | 11.553 | 12.705 |
132 | MAF Bancorp Inc. Clarendon Hills, Ill. | 910,958 | 25,970 | 11.403 | 11.144 |
133 | First Financial Bancorp Hamilton, Ohio | 364,574 | 10,337 | 11.341 | 10.929 |
134 | Community Bank System Inc. Dewitt, N.Y. | 430,660 | 12,141 | 11.277 | 11.061 |
135 | Susquehanna Bancshares Inc. Lititz, Pa. | 588,072 | 16,498 | 11.222 | 11.391 |
136 | BankUnited Financial Corp. Coral Gables, Fla. | 465,056 | 13,040 | 11.216 | 10.572 |
137 | Boston Private Financial Holdings Inc. Boston | 291,691 | 8,155 | 11.183 | 11.004 |
138 | Umpqua Holdings Corp. Portland, Ore. | 327,064 | 9,131 | 11.167 | 10.766 |
139 | Amcore Financial Inc. Rockford, Ill. | 373,933 | 10,415 | 11.141 | 10.787 |
140 | 1st Source Corp. South Bend, Ind. | 317,805 | 8,718 | 10.973 | 8.686 |
141 | First Republic Bank San Francisco | 414,477 | 11,361 | 10.964 | 10.693 |
142 | Northwest Bancorp Inc. Warren, Pa. | 469,054 | 12,575 | 10.724 | 10.664 |
143 | Sun Bancorp Inc. Vineland, N.J. | 188,837 | 5,030 | 10.655 | 8.955 |
144 | BancWest Corp. Honolulu | 4,415,541 | 114,757 | 10.396 | 0.962 |
145 | First Community Bancorp Rancho Santa Fe, Calif. | 345,711 | 8,838 | 10.226 | 9.532 |
146 | Whitney Holding Corp. New Orleans, La. | 862,016 | 21,903 | 10.164 | 11.193 |
147 | Commercial Federal Corp. Omaha | 736,133 | 18,702 | 10.162 | 9.819 |
148 | Hanmi Financial Corp. Los Angeles | 302,765 | 7,545 | 9.968 | 12.411 |
149 | Waypoint Financial Corp.Harrisburg, Pa. | 404,081 | 9,952 | 9.851 | 7.484 |
150 | First Commonwealth Financial Corp. Indiana, Pa. | 476,543 | 11,560 | 9.703 | 10.836 |
*Annualized
Source: Highline Baking Data Services (877-305-6657)© 2004 American Banker