Largest Publicly Traded Banking Companies Ranked by EPS Growth

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Largest Publicly Traded Banking Companies Ranked by EPS Growth

Largest Publicly Traded Banking Companies Ranked by EPS Growth
In the third quarter of 2003. Income and asset figures in thousands
Published December 23, 2003
Rank   3Q earnings per share Net income
3Q 2003
Assets
Sept. 30, 2003
2003 2002 Change*
1 J.P. Morgan Chase & Co. New York $0.78 $0.01 7700.00% $1,628,000 $792,700,000
2 Charles Schwab Corp. San Francisco 0.09 0 3100 127,000 43,760,000
3 Comerica Inc. Detroit 0.89 0.14 535.71 157,000 54,795,000
4 Santander BanCorp Hato Rey, Puerto Rico 0.17 0.03 466.67 8,200 7,168,730
5 Irwin Financial Corp. Columbus, Ind. 1.03 0.29 255.17 31,118 5,059,183
6 Sterling Bancshares Inc. Houston 0.61 0.19 221.05 27,341 3,123,454
7 Bank of New York Co. Inc. 0.34 0.11 209.09 260,000 95,193,000
8 Investors Financial Services Corp. Boston 0.76 0.26 192.31 26,404 8,555,581
9 Citizens Banking Corp. Flint, Mich. 0.45 -1.03 143.69 19,605 7,784,364
10 1st Source Corp. South Bend, Ind. 0.22 0.1 120 4,643 3,206,248
11 Downey Financial Corp. Newport Beach, Calif. 1.05 0.52 101.92 29,251 11,159,367
12 UCBH Holdings Inc. San Francisco 0.36 0.18 100 16,768 5,427,674
13 Flagstar Bancorp Inc. Troy, Mich. 1.42 0.74 93.2 90,774 10,943,160
14 Net Bank Inc. Alpharetta, Ga. 0.32 0.17 88.24 15,589 5,060,604
15 Fremont General Corp. Santa Monica, Calif. 0.73 0.41 78.05 55,493 8,659,306
16 MBNA Corp. Wilmington, Del. 0.51 0.3 70 658,763 58,712,232
17 Silicon Valley Bancshares Santa Clara, Calif. 0.49 0.29 68.97 17,429 4,259,816
18 Zions Bancorp Salt Lake City 0.68 0.43 58.14 64,199 27,604,188
19 Popular Inc. Hato Rey, Puerto Rico 0.96 0.65 47.69 130,926 35,777,187
20 South Financial Group Inc. Greenville, S.C. 0.5 0.35 42.86 23,893 9,216,362
21 Doral Financial Corp. San Juan, Puerto Rico 0.7 0.49 41.99 81,681 10,763,729
22 Bank of Hawaii Corp. Honolulu 0.61 0.43 41.86 36,687 9,370,755
  Dime Community Bancshares Inc. Brooklyn, N.Y. 0.61 0.43 41.86 15,172 3,085,131
24 R&G Financial Corp. Hato Rey, Puerto Rico 0.89 0.63 41.27 34,292 7,835,001
25 First Interstate BancSystem Inc. Billings, Mont. 1.5 1.07 40.19 11,830 3,857,118
26 IndyMac Bancorp Inc. Pasadena, Calif. 0.87 0.64 35.94 49,704 12,067,467
27 W Holding Co. Inc. Mayaguez, Puerto Rico 0.26 0.2 33.16 34,638 10,813,063
28 Wintrust Financial Corp. Lake Forest, Ill. 0.53 0.4 32.5 9,907 4,304,877
29 Bank of America Corp. Charlotte, N.C. 1.92 1.45 32.41 2,922,000 737,088,000
30 BankAtlantic Bancorp Inc. Fort Lauderdale, Fla. 0.3 0.23 30.43 18,508 5,197,060
31 BancorpSouth Inc. Tupelo, Miss. 0.43 0.33 30.3 33,874 10,185,547
32 BankUnited Financial Corp. Coral Gables, Fla. 0.37 0.29 27.59 11,101 7,145,143
33 First Republic Bank San Francisco 0.51 0.4 27.5 7,921 5,716,928
34 Commerce Bancorp Inc. Cherry Hill, N.J. 0.67 0.53 26.42 49,474 21,359,169
35 Wachovia Corp. Charlotte 0.83 0.66 25.76 1,105,000 388,767,000
36 East West Bancorp Inc. San Marino, Calif. 0.65 0.52 25 16,142 3,763,476
  PFF Bancorp Inc. Pomona, Calif. 0.58 0.46 25 9,601 3,205,458
38 First Tennessee National Corp. Memphis 0.91 0.73 24.66 118,283 25,489,338
39 New York Community Bancorp Inc. Westbury 0.53 0.44 21.84 72,185 12,878,020
40 Cullen/Frost Bankers Inc. San Antonio 0.62 0.51 21.57 32,763 9,651,783
41 Republic Bancorp Inc. Owosso, Mich. 0.27 0.22 21.08 15,790 5,160,325
42 FirstMerit Corp. Akron 0.46 0.38 21.05 39,278 10,648,301
43 First BanCorp Santurce, Puerto Rico 0.61 0.51 19.61 31,684 12,088,772
44 Northern Trust Corp. Chicago 0.51 0.43 18.6 113,800 40,744,200
45 Citigroup Inc. New York 0.9 0.76 18.42 4,691,000 1,208,923,000
46 Golden West Financial Corp. Oakland, Calif. 1.83 1.56 17.31 282,906 76,157,840
  UMB Financial Corp. Kansas City, Mo. 0.61 0.52 17.31 13,233 7,028,053
48 First Niagara Financial Group Lockport, N.Y. 0.14 0.12 16.67 9,304 3,533,430
49 FleetBoston Financial Corp. Boston 0.64 0.55 16.36 675,000 196,398,000
  Westcorp Irvine, Calif. 0.64 0.55 16.36 29,335 14,238,588
51 Sterling Financial Corp. Spokane 0.57 0.49 16.09 8,625 4,075,450
52 UnionBanCal Corp. San Francisco 1.02 0.88 15.91 155,045 42,602,745
53 Sky Financial Group Inc. Bowling Green, Ohio 0.46 0.4 15 41,568 12,618,607
  Oriental Financial Group Inc. Rio Piedras, Puerto Rico 0.69 0.6 15 13,559 3,152,920
55 Provident Financial Group Inc. Cincinnati 0.54 0.47 14.89 27,461 17,607,633
56 International Bancshares Corp. Laredo, Tex. 0.86 0.75 14.36 33,858 7,511,624
57 WesBanco Inc. Wheeling, W.Va. 0.49 0.43 13.95 9,792 3,412,846
58 Commerce Bancshares Inc. Kansas City, Mo. 0.79 0.7 13.67 54,948 13,647,314
59 Hudson United Bancorp Mahwah, N.J. 0.68 0.6 13.33 30,403 7,975,364
  Whitney Holding Corp. New Orleans 0.68 0.6 13.33 27,502 7,310,341
  U.S. Bancorp Minneapolis 0.51 0.45 13.33 984,900 188,835,000
62 United Community Banks Inc. Blairsville, Ga. 0.43 0.38 13.16 10,364 3,942,139
63 Charter One Financial Inc. Cleveland 0.69 0.61 13.11 159,149 43,279,252
64 FirstFed Financial Corp. Santa Monica, Calif. 1.04 0.92 13.04 18,203 4,525,127
65 Marshall & Ilsley Corp. Milwaukee, Wis. 0.61 0.54 12.96 140,299 33,749,262
66 Bank One Corp. Chicago 0.79 0.7 12.86 883,000 290,006,000
67 Associated Banc-Corp Green Bay, Wis. 0.79 0.7 12.86 58,386 15,114,169
68 SouthTrust Corp. Birmingham, Ala. 0.53 0.47 12.77 178,575 51,561,933
69 Alabama National Bancorp Birmingham 0.8 0.71 12.68 10,581 3,852,941
70 Chittenden Corp. Burlington, Vt. 0.54 0.48 12.5 19,864 6,022,426
71 Trustmark Corp. Jackson, Miss. 0.55 0.49 12.24 32,418 7,633,104
72 Sovereign Bancorp Inc. Philadelphia 0.37 0.33 12.12 109,233 41,055,292
73 City National Corp. Beverly Hills 1.05 0.94 11.7 52,503 12,830,528
74 Compass Bancshares Inc. Birmingham, Ala. 0.68 0.61 11.48 86,557 26,156,918
75 Corus Bankshares Inc. Chicago 1.12 1.01 10.89 16,154 3,334,567
76 M&T Bank Corp. Buffalo 1.28 1.16 10.34 156,463 50,258,839
77 First Citizens Bancorp of South Carolina Columbia 11.24 10.19 10.3 10,236 4,219,308
78 MB Financial Inc. Chicago 0.75 0.68 10.29 13,618 4,285,703
79 Hibernia Corp. New Orleans 0.44 0.4 10 69,262 17,565,429
80 Wells Fargo & Co. San Francisco 0.92 0.84 9.52 1,561,000 390,813,000
81 First Commonwealth Financial Corp. Indiana, Pa. 0.23 0.21 9.52 13,835 4,820,190
82 Amcore Financial Inc. Rockford, Ill. 0.47 0.43 9.3 11,680 4,418,885
83 NBT Bancorp Inc. Norwich, N.Y. 0.36 0.33 9.09 11,848 4,047,237
84 Washington Mutual Inc. Seattle 1.11 1.02 8.82 1,023,000 286,631,000
85 Fifth Third Bancorp Cincinnati 0.76 0.7 8.57 437,383 89,413,714
86 Independence Community Bank Corp. Brooklyn, N.Y. 0.64 0.59 8.47 33,672 8,935,090
87 Huntington Bancshares Inc. Columbus, Ohio 0.39 0.36 8.33 88,015 30,095,186
88 Northwest Bancorp Inc. Warren, Pa. 0.26 0.24 8.33 12,456 6,037,574
89 National Penn Bancshares Inc. Boyertown, Pa. 0.45 0.42 7.91 11,004 3,269,220
90 Banknorth Group Inc. Portland, Maine 0.55 0.51 7.84 90,278 25,740,937
91 Westamerica Bancorp San Rafael, Calif. 0.72 0.67 7.46 24,073 4,482,793
92 State Street Corp. Boston 0.6 0.56 7.14 202,000 81,776,000
93 Colonial BancGroup Inc. Montgomery, Ala. 0.31 0.29 6.9 38,812 15,834,519
94 Synovus Financial Corp. Columbus, Ga. 0.33 0.31 6.45 100,000 21,023,394
95 Webster Financial Corp. Waterbury, Conn. 0.89 0.84 5.95 41,315 14,608,783
96 Texas Regional Bancshares Inc. McAllen 0.52 0.49 5.91 15,569 4,185,625
97 United Bankshares Inc. Charleston, W.Va. 0.55 0.52 5.77 22,920 5,731,984
98 First Banks Inc. Clayton, Mo. 565.09 534.32 5.76 13,700 7,168,921
99 Regions Financial Corp. Birmingham, Ala. 0.74 0.7 5.71 164,722 48,794,215
100 Hancock Holding Co. Gulfport, Miss. 0.82 0.78 5.13 13,661 4,142,520
101 National Commerce Financial Corp. Memphis 0.42 0.4 5 85,809 22,890,089
  Valley National Bancorp Wayne, N.J. 0.42 0.4 5 39,336 9,735,580
103 Gold Banc Corp. Leawood, Kan. 0.22 0.21 4.76 8,216 4,158,782
104 AmSouth Bancorp Birmingham, Ala. 0.45 0.43 4.65 157,388 44,342,699
105 Hudson City Bancorp Inc. Paramus, N.J. 0.27 0.26 3.85 50,263 15,898,409
106 Capital One Financial Corp. McLean, Va. 1.17 1.13 3.54 276,267 43,446,337
107 Chemical Financial Corp. Midland, Mich. 0.61 0.59 3.39 14,469 3,591,026
108 Provident Bankshares Corp. Baltimore 0.53 0.52 1.92 13,308 4,985,445
109 Fulton Financial Corp. Lancaster, Pa. 0.32 0.31 1.91 34,382 9,280,289
110 National City Corp. Cleveland 0.62 0.61 1.64 379,337 121,065,218
111 CVB Financial Corp. Ontario, Calif. 0.3 0.3 1.35 13,502 3,661,827
112 PNC Financial Services Group Pittsburgh 1 1 0 281,000 72,284,000
  Union Planters Corp. Memphis 0.67 0.67 0 132,161 32,168,577
  People’s Bank Bridgeport, Conn. 0.24 0.24 0 14,900 11,762,800
  Wilmington Trust Corp. Del. 0.52 0.52 0 34,410 9,099,864
  Susquehanna Bancshares Inc. Lititz, Pa. 0.4 0.4 0 15,974 5,853,412
  Bremer Financial Corp. St. Paul 1.28 1.28 0 15,311 5,532,203
  Cathay General Bancorp Los Angeles 0.72 0.72 0 13,030 3,201,632
119 SunTrust Banks Inc. Atlanta 1.18 1.2 -1.67 331,583 126,654,376
120 Anchor BanCorp Wisconsin Inc. Madison 0.48 0.49 -2.04 11,200 3,661,558
121 First Midwest Bancorp Inc. Itasca, Ill. 0.45 0.47 -4.26 21,202 6,299,237
122 North Fork Bancorp Inc. Melville, N.Y. 0.63 0.66 -4.55 94,330 20,468,598
  Mellon Financial Corp. Pittsburgh 0.42 0.44 -4.55 181,000 32,953,000
124 BFC Financial Corp. Fort Lauderdale, Fla. 0.12 0.13 -4.76 2,261 5,189,071
125 Seacoast Financial Services Corp. New Bedford, Mass. 0.38 0.4 -5 9,700 4,476,594
126 Community First Bankshares Inc. Fargo, N.D. 0.48 0.51 -5.88 18,341 5,483,458
127 KeyCorp Cleveland 0.53 0.57 -7.02 227,000 84,460,000
128 Trust Co. of New Jersey Jersey City 0.53 0.57 -7.02 9,974 4,291,333
129 Waypoint Financial Corp. Harrisburg, Pa. 0.3 0.32 -7.41 9,860 5,429,818
130 MAF Bancorp Inc. Clarendon Hills, Ill. 0.79 0.86 -8.14 20,506 6,715,321
131 Park National Corp. Newark, Ohio 1.46 1.59 -8.18 20,200 4,685,782
132 Mercantile Bankshares Corp. Baltimore 0.63 0.69 -8.7 47,173 13,876,148
133 First Charter Corp. Charlotte 0.3 0.33 -9.09 8,894 4,087,967
134 Southwest Bancorp of Texas Inc. Houston 0.38 0.42 -9.52 13,380 5,663,510
135 Commercial Federal Corp. Omaha 0.51 0.58 -12.07 22,311 12,503,518
136 GreenPoint Financial Corp. New York 0.82 0.94 -12.77 101,300 22,866,000
137 First Merchants Corp. Muncie, Ind. 0.39 0.46 -14.66 7349 3011720
138 BOK Financial Corp. Tulsa 0.6 0.71 -15.37 38,816 13,100,796
139 First Citizens Bancshares Inc. Raleigh 1.87 2.27 -17.62 19,547 12,387,281
140 Pacific Capital Bancorp Santa Barbara, Calif. 0.39 0.5 -22 13,257 4,721,607
141 First Financial Bancorp Hamilton, Ohio 0.18 0.24 -25 7,824 3,948,133
142 Astoria Financial Corp. Lake Success, N.Y. 0.53 0.72 -26.39 41,601 22,069,088
143 Greater Bay Bancorp Palo Alto, Calif. 0.39 0.6 -35 22,361 7,787,990
144 TCF Financial Corp. Minneapolis 0.51 0.8 -36.25 35,964 11,253,906
145 United National Bancorp Bridgewater, N.J. 0.17 0.34 -50 3,216 3,149,528
146 Old National Bancorp Evansville, Ind. 0.18 0.51 -64.98 11,810 9,517,748
147 BB&T Corp. Winston-Salem, N.C. 0.21 0.68 -69.12 115,891 90,355,131
148 Staten Island Bancorp Inc. N.Y. 0.17 0.78 -78.21 9,823 7,554,089
149 F.N.B. Corp. Naples, Fla. 0.01 0.51 -98.05 484 8,288,487
150 Riggs National Corp. Washington 0 0.19 -97.37 139 5,861,765


Source: Shesunoff Information Services, a division of Thomson Corp.
Notes: Largest companies by assets. Fully diluted earnings
*Where profit followed loss, gross change divided by the absolute value of the 2002 figure
© 2003 American Banker