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Banks, thrifts and holding companies

Most Efficient Bank Holding Companies

April 18, 2022, 3:16 p.m. EDT 1 Min Read
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Most Efficient Bank Holding Companies
1 Merchants Bancorp Carmel IN 28.68 27.02 $125,382 $96,400 $30.06 $11,278,680
2 ServisFirst Bancshares, Inc. Birmingham AL 31.32 29.84 129,763 109,665 $18.33 15,448,806
3 Luther Burbank Corporation Santa Rosa CA 34.25 52 59,142 73,939 -$20.01 7,179,957
4 Synchrony Financial Stamford CT 35.82 33.35 3,963,000 4,055,000 -$2.27 95,748,000
5 Beal Financial Corporation Plano TX 37.36 50.62 386,648 247,489 $56.23 7,396,422
6 ConnectOne Bancorp, Inc. Englewood Cliffs NJ 38.15 46.62 109,011 121,001 -$9.91 8,129,480
7 NexBank Capital, Inc. Dallas TX 38.71 37.49 82,240 74,590 $10.26 10,832,070
8 CVB Financial Corp. Ontario CA 39.38 39.19 190,771 192,119 -$0.70 15,883,697
9 New York Community Bancorp, Inc. Hicksville NY 40.03 44.05 540,908 511,190 $5.81 59,527,144
10 Customers Bancorp, Inc. West Reading PA 40.31 54.82 294,426 266,611 $10.43 19,583,244
11 Prosperity Bancshares, Inc. Houston TX 40.76 41.51 474,944 496,400 -$4.32 37,846,841
12 Eagle Bancorp, Inc. Bethesda MD 41.02 39.64 149,165 145,542 $2.49 11,847,310
13 Midland Financial Co. Oklahoma City OK 41.04 49.06 544,229 504,312 $7.92 32,170,276
14 Discover Financial Services Riverwoods IL 41.12 40.21 4,791,656 4,511,958 $6.20 110,241,674
Home Bancshares, Inc. (Conway, AR) Conway AR 41.12 42.40 297,139 303,051 -$1.95 18,052,138
16 BCI Financial Group, Inc. Miami FL 41.90 49.07 291,464 295,427 -$1.34 21,895,996
17 Western Alliance Bancorporation Phoenix AZ 42.81 38.90 854,932 493,249 $73.33 55,982,635
18 East West Bancorp, Inc. Pasadena CA 43.59 45.03 795,871 722,643 $10.13 60,870,701
19 Cathay General Bancorp Los Angeles CA 43.69 47.77 285,500 285,710 -$0.07 20,886,723
20 International Bancshares Corporation Laredo TX 43.95 51.24 261,470 276,463 -$5.42 16,046,236
21 First Security Bancorp Searcy AR 44.46 44.77 161,530 152,311 $6.05 8,388,965
22 Westamerica Bancorporation San Rafael CA 45.52 46.74 100,470 101,200 -$0.72 7,466,474
23 First Financial Bankshares, Inc. Abilene TX 45.61 46.12 241,706 231,409 $4.45 13,102,461
24 Veritex Holdings, Inc. Dallas TX 45.96 50.37 165,592 166,236 -$0.39 9,757,249
25 PacWest Bancorp Beverly Hills CA 46.66 47.59 625,118 2,030,308 -$69.21 40,443,344
26 Olney Bancshares of Texas, Inc. Olney TX 47.70 NA 69,970 NA #VALUE! 4,142,472
27 Pacific Premier Bancorp, Inc. Irvine CA 47.89 60.41 379,573 400,140 -$5.14 21,094,429
28 Axos Financial, Inc. Las Vegas NV 48.27 43.58 333,363 295,342 $12.87 15,547,947
29 Sandy Spring Bancorp, Inc. Olney MD 48.38 53.56 260,822 255,177 $2.21 12,590,726
30 Pinnacle Financial Partners, Inc. Nashville TN 48.45 48.75 661,257 568,935 $16.23 38,469,399
31 First Foundation Inc. Dallas TX 48.52 49.36 148,553 126,196 $17.72 10,198,814
32 Southside Bancshares, Inc. Tyler TX 49.25 49.60 125,090 122,102 $2.45 7,259,602
33 Valley National Bancorp New York NY 49.42 47.73 696,836 648,097 $7.52 43,446,443
34 Amarillo National Bancorp, Inc. Amarillo TX 49.63 48.75 155,540 144,625 $7.55 7,896,259
35 Premier Financial Corp. Defiance OH 50.39 NA 159,971 168,845 -$5.26 7,484,386
36 State Bankshares, Inc. Fargo ND 50.44 60.42 424,238 354,778 $19.58 9,859,673
37 First Merchants Corporation Muncie IN 50.93 51.81 277,098 263,657 $5.10 15,453,149
38 Independent Bank Group, Inc. McKinney TX 50.96 48.51 313,648 306,158 $2.45 18,732,648
39 FirstBank Holding Company Lakewood CO 51.15 54.74 422,093 423,771 -$0.40 28,854,853
40 Pinnacle Bancorp, Inc. Elkhorn NE 51.23 53.79 305,975 295,739 $3.46 17,899,832
41 City Holding Company Charleston WV 51.42 NA 117,835 116,346 $1.28 6,002,693
42 TriCo Bancshares Chico CA 51.47 56.42 178,946 182,924 -$2.17 8,614,787
43 SVB Financial Group Santa Clara CA 51.87 53.40 3,068,000 2,065,110 $48.56 211,483,000
44 Hope Bancorp, Inc. Los Angeles CA 51.93 54.34 289,686 278,213 $4.12 17,889,368
45 EB Acquisition Company, LLC University Park TX 52.21 62.31 385,799 429,538 -$10.18 19,422,861
Glacier Bancorp, Inc. Kalispell MT 52.21 50.15 434,260 404,646 $7.32 25,940,645
47 Brookline Bancorp, Inc. Boston MA 52.56 57.38 164,741 162,879 $1.14 8,624,709
48 Hanmi Financial Corporation Los Angeles CA 52.72 57.52 124,870 120,471 $3.65 6,858,587
49 Ameris Bancorp Atlanta GA 53.09 54.78 558,026 614,786 -$9.23 23,858,303
50 The Bancorp, Inc. Wilmington DE 53.55 NA 170,952 NA #VALUE! 6,859,033
51 The Goldman Sachs Group, Inc. New York NY 53.59 65.60 31,938,000 29,227,000 $9.28 1,463,990,000
52 Provident Financial Services, Inc. Jersey City NJ 53.95 NA 249,905 NA #VALUE! 13,781,202
53 Lakeland Bancorp, Inc. Oak Ridge NJ 54.18 56.72 140,757 134,071 $4.99 8,198,532
54 Capital One Financial Corporation McLean VA 54.45 53.83 16,589,855 15,079,662 $10.01 432,381,054
55 S&T Bancorp, Inc. Indiana PA 54.50 53.70 188,389 186,563 $0.98 9,488,529
56 First Commonwealth Financial Corporation Indiana PA 54.53 58.06 213,392 213,419 -$0.01 9,545,093
57 United Bankshares, Inc. Charleston WV 54.94 54.37 565,240 571,766 -$1.14 29,328,902
58 Synovus Financial Corp. Columbus GA 55.02 58.73 1,105,660 1,194,104 -$7.41 57,317,226
59 The Charles Schwab Corporation Westlake TX 55.06 61.57 10,812,000 7,410,000 $45.91 667,270,000
60 First BanCorp. Santurce PR 55.10 58.40 498,974 428,540 $16.44 20,785,275
61 United Community Banks, Inc. Blairsville GA 55.16 55.73 394,517 371,492 $6.20 20,952,249
62 1st Source Corporation South Bend IN 55.28 56.97 187,200 188,843 -$0.87 8,099,992
63 Enterprise Financial Services Corp Clayton MO 55.30 48.89 244,155 164,339 $48.57 13,537,358
64 Popular, Inc. Hato Rey PR 55.39 57.84 1,581,000 1,493,000 $5.89 75,098,000
65 Seacoast Banking Corporation of Florida Stuart FL 55.41 55.36 198,209 184,338 $7.52 9,681,433
66 Columbia Banking System, Inc. Tacoma WA 55.86 54.93 364,988 339,820 $7.41 20,946,518
67 Columbia Bank MHC Fair Lawn NJ 55.91 61.67 147,070 150,534 -$2.30 9,220,444
68 Commerce Bancshares, Inc. Kansas City MO 55.94 58.88 806,622 787,309 $2.45 36,710,507
69 Origin Bancorp, Inc. Ruston LA 55.95 59.10 156,381 152,670 $2.43 7,861,286
70 Capitol Federal Financial, Inc. Topeka KS 56.04 51.52 118,355 108,525 $9.06 9,624,166
71 Santander Holdings USA, Inc. Boston MA 56.13 60.53 6,144,167 8,255,103 -$25.57 159,821,231
72 First Hawaiian, Inc. Honolulu HI 56.42 51.98 405,479 381,375 $6.32 24,992,410
73 First Bancorp Southern Pines NC 56.66 54.29 189,614 164,947 $14.95 10,515,813
74 John Deere Capital Corporation Reno NV 56.99 66.72 1,240,587 1,365,231 -$9.13 42,093,300
75 WesBanco, Inc. Wheeling WV 57.14 55.73 351,392 353,010 -$0.46 16,927,867
76 Central Bancompany, Inc. Jefferson City MO 57.22 54.36 446,959 415,704 $7.52 20,283,781
77 Byline Bancorp, Inc. Chicago IL 57.26 58.99 184,436 165,245 $11.61 6,696,172
78 Kearny Financial Corp. Fairfield NJ 57.78 61.84 123,275 119,035 $3.56 7,186,223
79 Meta Financial Group, Inc. Sioux Falls SD 57.80 60.33 361,246 321,640 $12.31 7,609,681
80 F.N.B. Corporation Pittsburgh PA 57.81 59.51 733,536 734,672 -$0.15 39,547,661
81 Regions Financial Corporation Birmingham AL 57.87 57.67 3,782,000 3,657,000 $3.42 163,445,000
82 Flushing Financial Corporation Uniondale NY 57.89 66.32 145,278 137,236 $5.86 8,045,911
83 Ally Financial Inc. Detroit MI 57.90 65.79 5,154,000 4,913,000 $4.91 182,114,000
84 CIBC Bancorp USA Inc. Chicago IL 58.20 55.34 1,164,720 1,038,592 $12.14 65,172,991
85 BancFirst Corporation Oklahoma City OK 58.24 57.16 286,061 259,575 $10.20 9,405,618
86 TrustCo Bank Corp NY Glenville NY 58.27 57.89 107,082 101,573 $5.42 6,196,568
87 BankUnited, Inc. Miami Lakes FL 58.28 51.10 548,115 453,647 $20.82 35,820,796
88 Salem Five Bancorp Salem MA 58.33 55.05 119,991 118,957 $0.87 5,878,462
89 Great Southern Bancorp, Inc. Springfield MO 58.39 NA 127,708 122,391 $4.34 5,456,053
90 Washington Federal, Inc. Seattle WA 58.52 61.70 352,580 325,828 $8.21 19,973,171
91 OFG Bancorp San Juan PR 58.55 62.33 341,010 350,232 -$2.63 9,899,721
92 JPMorgan Chase & Co. New York NY 58.58 56.99 71,782,000 68,238,000 $5.19 3,743,567,000
Washington Trust Bancorp, Inc. Westerly RI 58.58 54.60 135,423 125,337 $8.05 5,852,629
94 Umpqua Holdings Corporation Portland OR 58.89 59.13 759,875 2,557,560 -$70.29 30,640,936
95 Bank of Hawaii Corporation Honolulu HI 59.24 55.63 403,224 373,923 $7.84 22,784,941
M&T Bank Corporation Buffalo NY 59.24 55.54 3,535,789 3,276,949 $7.90 155,107,160
97 NBT Bancorp Inc. Norwich NY 59.31 59.19 287,142 277,948 $3.31 12,012,111
98 Atlantic Union Bankshares Corporation Richmond VA 59.46 58.57 430,965 418,422 $3.00 20,065,570
99 Fifth Third Bancorp Cincinnati OH 59.55 61.77 4,769,758 4,712,374 $1.22 211,115,886
100 Republic Bancorp, Inc. Louisville KY 59.56 58.04 185,381 186,306 -$0.50 6,093,634
101 Peapack-Gladstone Financial Corporation Bedminster NJ 59.62 NA 126,167 124,959 $0.97 6,077,993
102 U.S. Bancorp Minneapolis MN 59.68 58.52 13,729,000 13,649,000 $0.59 573,284,000
103 Old National Bancorp Evansville IN 59.76 62.91 499,208 542,793 -$8.03 24,453,564
104 BMO Financial Corp. Chicago IL 59.84 62.35 3,672,518 3,613,519 $1.63 194,497,683
105 Community Bank System, Inc. Dewitt NY 59.87 60.34 386,646 375,120 $3.07 15,552,657
106 WSFS Financial Corporation Wilmington DE 59.91 54.40 378,505 368,456 $2.73 15,777,327
107 Webster Financial Corporation Stamford CT 60.02 63.65 745,479 760,881 -$2.02 34,915,599
108 Heritage Financial Corporation Olympia WA 60.11 60.65 149,063 148,880 $0.12 7,432,412
109 Cullen/Frost Bankers, Inc. San Antonio TX 60.19 59.67 881,819 851,883 $3.51 50,928,808
110 KeyCorp Cleveland OH 60.28 60.20 4,435,293 4,102,074 $8.12 186,455,921
111 Hancock Whitney Corporation Gulfport MS 60.45 60.14 808,355 790,346 $2.28 36,547,422
112 Spend Life Wisely Company, Inc. Durant OK 60.59 64.54 388,910 366,541 $6.10 12,546,356
113 Midland States Bancorp, Inc. Effingham IL 60.82 68.64 175,069 184,857 -$5.29 7,443,805
114 Simmons First National Corporation Pine Bluff AR 60.85 57.69 505,740 507,263 -$0.30 24,741,161
115 Univest Financial Corporation Souderton PA 60.87 60.44 167,409 154,998 $8.01 7,122,421
116 BOK Financial Corporation Tulsa OK 60.91 57.81 1,138,948 1,123,207 $1.40 50,322,495
117 HomeStreet, Inc. Seattle WA 60.92 64.91 213,552 235,210 -$9.21 7,204,091
118 TriState Capital Holdings, Inc. Pittsburgh PA 60.99 63.35 146,965 123,103 $19.38 13,004,852
119 Citizens Financial Group, Inc. Providence RI 61.10 60.24 4,079,863 4,173,489 -$2.24 188,708,502
120 Heartland Financial USA, Inc. Dubuque IA 61.20 59.05 432,663 367,290 $17.80 19,274,549
121 Amerant Bancorp Inc. Coral Gables FL 61.46 74.94 197,443 175,526 $12.49 7,638,399
122 Park National Corporation Newark OH 61.48 63.09 283,219 286,595 -$1.18 9,559,211
123 Bremer Financial Corporation Saint Paul MN 61.49 61.48 364,363 366,506 -$0.58 16,556,836
124 First Financial Bancorp. Cincinnati OH 61.82 59.24 396,464 387,534 $2.30 16,329,141
125 First Interstate BancSystem, Inc. Billings MT 61.87 57.64 406,046 388,117 $4.62 19,671,949
126 Tompkins Financial Corporation Ithaca NY 62.16 61.12 190,287 185,382 $2.65 7,819,982
127 First National of Nebraska, Inc. Omaha NE 62.23 56.66 1,058,355 927,263 $14.14 26,892,235
128 Banner Corporation Walla Walla WA 62.34 62.27 380,511 373,858 $1.78 16,804,872
129 First Busey Corporation Champaign IL 62.39 55.71 262,410 234,288 $12.00 12,859,689
130 BTC Financial Corporation Des Moines IA 62.48 NA 113,770 112,736 $0.92 6,011,979
131 Comerica Incorporated Dallas TX 62.61 61.69 1,858,000 1,798,000 $3.34 95,001,000
132 W.T.B. Financial Corporation Spokane WA 62.62 61.19 229,914 208,740 $10.14 11,089,567
133 National Bank Holdings Corporation Greenwood Village CO 63.05 60.63 192,305 206,311 -$6.79 7,214,011
134 OceanFirst Financial Corp. Red Bank NJ 63.07 66.03 226,987 248,943 -$8.82 11,748,065
135 VeraBank, Inc. Henderson TX 63.09 60.53 83,073 NA #VALUE! 3,695,069
136 UMB Financial Corporation Kansas City MO 63.17 68.15 833,636 824,616 $1.09 42,693,484
137 Berkshire Hills Bancorp, Inc. Boston MA 63.41 70.66 283,323 838,633 -$66.22 11,557,851
138 FB Financial Corporation Nashville TN 63.61 67.70 373,001 390,100 -$4.38 12,597,686
139 Central Pacific Financial Corp. Honolulu HI 63.90 63.16 162,889 153,921 $5.83 7,419,089
140 INTRUST Financial Corporation Wichita KS 64.11 63.81 170,340 153,037 $11.31 8,041,342
141 Discount Bancorp, Inc. New York NY 64.31 64.02 222,382 204,350 $8.82 12,951,745
142 Independent Bank Corp. Rockland MA 64.32 55.77 332,788 273,060 $21.87 20,425,247
143 TD Group US Holdings LLC Wilmington DE 64.71 50.75 7,664,045 6,810,136 $12.54 524,425,339
144 Renasant Corporation Tupelo MS 64.78 69.80 432,235 479,268 -$9.81 16,810,311
145 Northwest Bancshares, Inc. Columbus OH 64.80 66.52 369,363 376,618 -$1.93 14,619,494
146 Associated Banc-Corp Green Bay WI 65.18 59.87 708,663 772,524 -$8.27 35,104,253
147 Texas Capital Bancshares, Inc. Dallas TX 65.19 65.53 577,991 653,106 -$11.50 34,731,738
Truist Financial Corporation Charlotte NC 65.19 63.50 15,114,000 14,909,000 $1.38 541,241,000
149 Triumph Bancorp, Inc. Dallas TX 65.21 NA 287,508 222,078 $29.46 5,956,248
150 Wintrust Financial Corporation Rosemont IL 65.61 63.95 1,135,351 1,067,501 $6.36 50,142,143
151 SouthState Corporation Winter Haven FL 66.05 71.15 969,159 851,145 $13.87 41,960,032
152 Morgan Stanley New York NY 66.15 68.78 40,026,000 33,736,000 $18.64 1,188,140,000
153 Banc of California, Inc. Santa Ana CA 66.61 81.97 182,315 198,107 -$7.97 9,393,743
First Horizon Corporation Memphis TN 66.61 53.39 2,095,173 1,733,288 $20.88 89,094,356
155 Barclays US LLC New York NY 67.00 64.86 6,837,000 6,592,000 $3.72 160,476,000
156 Bank of America Corporation Charlotte NC 67.13 65.51 60,752,000 56,858,000 $6.85 3,169,495,000
157 The PNC Financial Services Group, Inc. Pittsburgh PA 67.29 61.91 13,003,765 10,380,118 $25.28 557,251,076
158 Fulton Financial Corporation Lancaster PA 67.45 66.47 620,183 574,934 $7.87 25,748,892
159 Citigroup Inc. New York NY 67.56 61.38 48,303,000 45,591,000 $5.95 2,291,413,000
160 Credit Suisse Holdings (USA), Inc. New York NY 67.58 87.34 5,691,412 6,034,013 -$5.68 102,974,348
161 Flagstar Bancorp, Inc. Troy MI 69.27 57.81 1,337,262 1,175,373 $13.77 25,483,115
162 Horizon Bancorp, Inc. Michigan City IN 69.28 55.15 139,279 131,441 $5.96 7,355,432
163 Wells Fargo & Company San Francisco CA 69.44 80.70 53,939,000 58,511,000 -$7.81 1,948,068,000
164 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland OH 69.70 64.61 189,214 190,752 -$0.81 14,132,457
165 Northern Trust Corporation Chicago IL 69.77 71.12 4,583,452 4,381,044 $4.62 183,889,795
166 First Citizens BancShares, Inc. Raleigh NC 69.98 68.62 1,435,761 1,337,409 $7.35 58,308,140
167 Eastern Bankshares, Inc. Boston MA 70.50 85.95 448,134 508,869 -$11.94 23,513,223
168 Johnson Financial Group, Inc. Racine WI 70.69 58.42 211,879 198,042 $6.99 6,098,917
169 FB Corporation Creve Coeur MO 70.70 52.14 164,013 170,011 -$3.53 6,977,509
170 SNBNY Holdings Limited Gibraltar 70.90 64.62 195,404 162,258 $20.43 9,411,233
171 The Bank of New York Mellon Corporation New York NY 71.72 69.23 11,514,000 11,033,000 $4.36 444,438,000
172 Huntington Bancshares Incorporated Columbus OH 71.92 56.17 4,361,895 2,758,365 $58.13 174,064,229
173 State Street Corporation Boston MA 72.21 72.50 8,926,000 8,743,000 $2.09 314,624,000
174 Woodforest Financial Group, Inc. The Woodlands TX 72.31 75.28 540,358 515,328 $4.86 9,007,816
175 Trustmark Corporation Jackson MS 74.58 66.17 486,495 474,346 $2.56 17,595,636
176 Bangor Bancorp, MHC Bangor ME 74.66 NA 188,888 NA #VALUE! 6,912,068
177 Middlesex Bancorp MHC Natick MA 74.93 NA 108,236 NA #VALUE! 6,166,084
178 Old Second Bancorp, Inc. Aurora IL 75.18 NA 103,625 NA #VALUE! 6,212,189
179 Hilltop Holdings Inc. Dallas TX 75.27 68.45 1,386,065 1,457,333 -$4.89 18,689,080
180 Arvest Bank Group, Inc. Bentonville AR 75.73 76.41 994,824 951,736 $4.53 26,791,790
181 Mizuho Americas LLC New York NY 76.09 69.27 1,540,000 1,386,000 $11.11 47,639,000
182 Stifel Financial Corp. Saint Louis MO 77.01 81.21 3,681,508 3,066,975 $20.04 34,049,715
183 Ameriprise Financial, Inc. Minneapolis MN 78.08 83.90 9,869,593 9,894,807 -$0.25 175,983,452
184 Dollar Mutual Bancorp Pittsburgh PA 78.60 72.68 249,123 214,521 $16.13 11,349,367
185 RBC US Group Holdings LLC Toronto 79.63 78.88 7,021,461 6,020,280 $16.63 174,998,921
186 American Express Company New York NY 80.06 75.39 33,956,000 27,259,000 $24.57 188,548,000
187 Apple Financial Holdings, Inc. New York NY 80.09 79.08 257,644 233,041 $10.56 16,056,853
188 BNP Paribas USA, Inc. New York NY 80.89 78 1,566,388 3,615,866 -$56.68 154,892,961
189 First American Financial Corporation Santa Ana CA 81.49 86.90 7,507,993 6,056,753 $23.96 16,451,260
190 UBS Americas Holding LLC New York NY 82.24 85.27 11,923,673 10,842,210 $9.97 209,717,640
191 First American Bank Corporation Elk Grove Village IL 82.35 NA 145,993 138,312 $5.55 6,128,246
192 Raymond James Financial, Inc. Saint Petersburg FL 83.03 83.69 8,527,426 6,966,658 $22.40 68,460,839
193 DB USA Corporation New York NY 83.22 81.36 4,925,000 4,813,000 $2.33 121,669,000
194 New York Private Bank & Trust Corporation New York NY 83.83 65.67 262,117 214,419 $22.25 5,827,444
195 MUFG Americas Holdings Corporation New York NY 85.68 78.08 2,645,905 5,010,495 -$47.19 163,135,638
196 Hawaiian Electric Industries, Inc. Honolulu HI 89.77 88.79 2,481,253 2,212,501 $12.15 15,822,637
197 United Services Automobile Association San Antonio TX 93.16 86.30 34,316,000 31,076,349 $10.42 210,597,000
198 HSBC North America Holdings Inc. New York NY 94.39 90.47 3,980,873 5,078,877 -$21.62 239,899,788
199 SMBC Americas Holdings, Inc. New York NY 108.40 100.01 1,185,115 959,962 $23.45 26,740,071
200 MVB Financial Corp. Fairmont WV 182.31 NA 97,774 NA #VALUE! 2,799,941

Note: Only top tier bank holding companies that file a Y-9C statement with the Fed as of Apr. 18, 2022, are included. *Noninterest expense divided by (total income minus interest expense)

Figures for prior periods are not adjusted for mergers and acquisitions.

© 2022 American Banker

Source:

https://www.spglobal.com/en/

Banks, thrifts and holding companies