Publicly Traded Companies with Highest Return on Equity

February 11, 2005, 10:08 a.m. EST 1 Min Read

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Publicly Traded Companies with Highest Return on Equity
In the third quarter of 2004. Dollars in thousands Published February 11, 2005
Rank		Third Quarter			3Q ROE*
Rank		Average equity	Net income	ROE*	3Q ROE*
1	Fremont General Corp. Santa Monica, Calif.	$891,933.00	$85,120.00	38.17%	43.89%
2	Westamerica Bancorp San Rafael, Calif.	332,219.00	25,095.00	30.22	30.56
3	Hudson United Bancorp Mahwah, N.J.	470,068.00	32,538.00	27.69	26.38
4	Doral Financial Corp. San Juan, Puerto Rico	1,772,013.00	120,628.00	27.23	26.35
5	TCF Financial Corp. Minneapolis, Minn.	950,902.00	61,712.00	25.96	26.56
6	Capital One Financial Corp. Falls Church, Va.	7,561,119.00	490,161.00	25.93	25.75
7	Countrywide Financial Corp. Calabasas, Calif.	9,733,330.00	582,241.00	23.93	28.94
8	First Horizon National Corp. Memphis	1,905,478.00	113,601.00	23.85	24.90
9	F.N.B. Corp. Hermitage, Pa.	246,860.00	14,696.00	23.81	25.24
10	Valley National Bancorp Wayne, N.J.	666,169.00	39,386.00	23.65	22.80
11	MBNA Corp. Wilmington, Del.	12,371,207.00	728,309.00	23.55	21.15
12	Bank of Hawaii Corp. Honolulu	731,600.00	43,067.00	23.55	22.48
13	CVB Financial Corp. Ontario, Calif.	290,978.00	17,075.00	23.47	20.10
14	Oriental Financial Group Inc. San Juan, Puerto Rico	304,766.00	17,406.00	22.85	27.60
15	Investors Financial Services Corp. Boston	634,222.00	36,134.00	22.79	23.57
16	Flagstar Bancorp Inc. Bloomfield Hills, Mich.	717,711.00	39,991.00	22.29	22.74
17	U.S. Bancorp Minneapolis	19,387,000.00	1,065,500.00	21.98	21.50
18	Fifth Third Bancorp Cincinnati	8,861,000.00	471,000.00	21.26	20.60
19	Citigroup Inc. New York	100,838,500.00	5,308,000.00	21.06	15.90
20	Corus Bankshares Inc. Chicago	567,118.00	28,157.00	19.86	16.90
21	North Fork Bancorp Inc. Melville, N.Y.	2,422,116.00	119,728.00	19.77	22.53
22	W Holding Co. Inc. Mayaguez, Puerto Rico	902,585.00	44,243.00	19.61	19.20
23	Wells Fargo & Co. San Francisco	35,946,000.00	1,748,000.00	19.45	19.74
24	First Midwest Bancorp Inc. Itasca, Ill.	521,378.00	25,172.00	19.31	18.72
25	Golden West Financial Corp. Oakland, Calif.	6,729,240.00	324,778.00	19.31	19.57
26	Compass Bancshares Inc. Birmingham, Ala.	1,953,286.00	93,602.00	19.17	18.81
27	Mellon Financial Corp. Pittsburgh	3,822,000.00	183,000.00	19.15	21.20
28	National City Corp. Cleveland	12,359,000.00	590,715.00	19.12	22.51
29	Hudson City Bancorp Inc. Paramus, N.J.	1,306,961.00	62,020.00	18.98	17.55
30	Commerce Bancorp Inc. Cherry Hill, N.J.	1,477,749.00	70,090.00	18.97	18.90
31	UCBH Holdings Inc. San Francisco	459,187.00	21,773.00	18.97	18.65
32	International Bancshares Corp. Laredo, Tex.	700,435.00	33,171.00	18.94	17.78
33	Cullen/Frost Bankers Inc. San Antonio	775,820.00	35,971.00	18.55	17.81
34	R&G Financial Corp. Hato Rey, Puerto Rico	802,790.00	37,015.00	18.44	19.77
35	Park National Corp. Newark, Ohio	524,990.00	23,547.00	17.94	17.70
36	Associated Banc-Corp Green Bay, Wis.	1,419,600.00	63,366.00	17.85	18.00
37	East West Bancorp Inc. San Marino, Calif.	457,446.00	20,399.00	17.84	17.77
38	Marshall & Ilsley Corp. Milwaukee	3,517,859.00	155,449.00	17.68	17.64
39	Commerce Bancshares Inc. Kansas City, Mo.	1,428,908.00	62,519.00	17.50	15.46
40	Republic Bancorp Inc. Owosso, Mich.	394,669.00	17,213.00	17.45	17.24
41	Westcorp Irvine, Calif.	1,255,168.00	54,672.00	17.42	17.01
42	Santander BanCorp Hato Rey, Puerto Rico	507,619.00	21,869.00	17.23	17.21
43	Synovus Financial Corp. Columbus, Ga.	2,550,346.00	109,008.00	17.10	17.52
44	First BanCorp Santurce, Puerto Rico	1,152,992.00	49,079.00	17.03	15.30
45	HSBC USA Inc. Buffalo	8,013,000.00	339,000.00	16.92	16.89
46	City National Corp. Beverly Hills	1,266,651.00	53,478.00	16.89	16.87
47	Astoria Financial Corp. Lake Success, N.Y.	1,381,875.00	58,107.00	16.82	16.15
48	Dime Community Bancshares Inc. Brooklyn, N.Y.	274,176.00	11,246.00	16.41	17.51
49	Hibernia Corp. New Orleans	1,865,400.00	76,466.00	16.40	15.73
50	IndyMac Bancorp Inc. Pasadena, Calif.	1,213,062.00	49,720.00	16.39	13.56
51	SouthTrust Corp. Birmingham, Ala.	4,610,500.00	188,264.00	16.33	16.85
52	PFF Bancorp Inc. Pomona, Calif.	326,865.00	13,204.00	16.16	14.78
53	UnionBanCal Corp. San Francisco	4,067,953.00	163,438.00	16.07	15.02
54	NBT Bancorp Inc. Norwich, N.Y.	314,946.00	12,617.00	16.02	15.91
55	Bank of New York Co. Inc.	8,863,000.00	354,000.00	15.98	16.73
56	FirstFed Financial Corp. Santa Monica, Calif.	448,849.00	17,872.00	15.93	14.75
57	Sky Financial Group Inc. Bowling Green, Ohio	1,162,211.00	46,148.00	15.88	16.67
58	United Bankshares Inc. Charleston, W.Va.	619,802.00	24,544.00	15.84	15.44
59	Wilmington Trust Corp. Wilmington, Del.	871,200.00	34,400.00	15.79	17.01
60	Comerica Inc. Detroit	4,990,000.00	196,000.00	15.71	14.57
61	Popular Inc. Hato Rey, Puerto Rico	2,943,636.00	115,381.00	15.68	17.63
62	Bank of America Corp. Charlotte	96,392,000.00	3,764,000.00	15.62	17.32
63	BB&T Corp. Winston-Salem, N.C.	10,648,868.00	412,885.00	15.51	14.53
64	Huntington Bancshares Inc. Columbus, Ohio	2,412,000.00	93,486.00	15.50	17.60
65	First Charter Corp. Concord, N.C.	296,539.00	11,388.00	15.36	13.81
66	Trustmark Corp. Jackson, Miss.	732,384.00	28,087.00	15.34	16.34
67	Zions Bancorp. Salt Lake City	2,677,404.00	102,495.00	15.31	15.32
68	Wachovia Corp. Charlotte, N.C.	33,246,000.00	1,263,000.00	15.20	15.33
69	First Interstate BancSystem Inc. Billings, Mont.	292,007.00	11,086.00	15.19	15.76
70	Southwest Bancorp of Texas Inc. Houston	528,922.00	19,666.00	14.87	13.19
71	SunTrust Banks Inc. Atlanta	9,992,900.00	368,766.00	14.76	14.91
72	BOK Financial Corp. Tulsa	1,295,510.00	47,782.00	14.75	13.89
73	Sterling Financial Corp. Spokane	416,279.00	15,310.00	14.71	13.00
74	KeyCorp Cleveland	6,855,000.00	252,000.00	14.70	14.36
75	Bremer Financial Corp. St. Paul	446,149.00	16,401.00	14.70	12.71
76	PNC Financial Services Group Pittsburgh	7,121,000.00	258,000.00	14.49	16.86
77	Northern Trust Corp. Chicago	3,168,700.00	114,700.00	14.48	16.00
78	MB Financial Inc. Chicago	462,858.00	16,725.00	14.45	14.95
79	Irwin Financial Corp. Columbus, Ind.	477,917.00	17,194.00	14.39	15.90
80	AmSouth Bancorp. Birmingham, Ala.	3,350,323.00	119,579.00	14.28	18.05
81	Fulton Financial Corp. Lancaster, Pa.	1,102,184.00	39,120.00	14.20	14.34
82	Texas Regional Bancshares Inc. McAllen	559,181.00	19,821.00	14.18	14.30
83	United Community Banks Inc. Blairsville, Ga.	338,913.00	11,955.00	14.11	14.48
84	First Banks Inc. Clayton, Mo.	565,611.00	19,748.00	13.97	15.11
85	Cathay General Bancorp Los Angeles	665,309.00	23,198.00	13.95	13.56
86	Colonial BancGroup Inc. Montgomery, Ala.	1,322,760.00	45,673.00	13.81	13.64
87	Hancock Holding Co. Gulfport, Miss.	448,072.00	15,396.00	13.74	13.88
88	National Penn Bancshares Inc. Boyertown, Pa.	400,421.00	13,733.00	13.72	14.60
89	Anchor BanCorp Wisconsin Inc. Madison	312,269.00	10,682.00	13.68	13.79
90	Wintrust Financial Corp. Lake Forest, Ill.	383,534.00	13,075.00	13.64	13.46
91	Pacific Capital Bancorp Santa Barbara, Calif.	431,147.00	14,559.00	13.51	23.09
92	Banknorth Group Inc. Portland, Maine	2,938,735.00	97,771.00	13.31	13.61
93	Amcore Financial Inc. Rockford, Ill.	371,341.00	12,340.00	13.29	11.63
94	Webster Financial Corp. Waterbury, Conn.	1,489,741.00	49,361.00	13.25	13.75
95	Chittenden Corp. Burlington, Vt.	591,137.00	19,478.00	13.18	12.54
96	Silicon Valley Bancshares Santa Clara, Calif.	491,582.00	16,103.00	13.10	12.90
97	M&T Bank Corp. Buffalo	5,697,000.00	186,441.00	13.09	12.44
98	Washington Mutual Inc. Seattle	20,703,000.00	674,000.00	13.02	14.47
99	New York Community Bancorp Inc. Flushing	3,063,156.00	98,832.00	12.91	11.43
100	FirstMerit Corp. Akron	968,697.00	31,111.00	12.85	10.16
101	BancorpSouth Inc. Tupelo, Miss.	859,514.00	27,588.00	12.84	13.19
102	Central Pacific Financial Corp. Honolulu	243,592.00	7,684.00	12.62	14.98
103	Community Bank System Inc. Dewitt, N.Y.	451,799.00	14,234.00	12.60	9.51
104	Fidelity Bankshares Inc. West Palm Beach, Fla.	197,062.00	6,182.00	12.55	12.14
105	BFC Financial Corp. Fort Lauderdale, Fla.	118,671.00	3,660.00	12.34	14.47
106	Citizens Banking Corp. Flint, Mich.	637,203.00	19,646.00	12.33	11.72
107	Greater Bay Bancorp Palo Alto, Calif.	734,443.00	22,455.00	12.23	14.72
108	Provident Bankshares Corp. Baltimore	596,316.00	18,052.00	12.11	11.62
109	Mercantile Bankshares Corp. Baltimore	1,877,844.00	56,785.00	12.10	12.13
110	Chemical Financial Corp. Midland, Mich.	473,617.00	14,296.00	12.07	12.00
111	Commercial Capital Bancorp Inc. Irvine, Calif.	599,348.00	18,004.00	12.02	15.05
112	WesBanco Inc. Wheeling, W.Va.	335,813.00	10,028.00	11.94	11.97
113	First Financial Bancorp Hamilton, Ohio	364,495.00	10,824.00	11.88	11.37
114	Alabama National Bancorp. Birmingham	497,023.00	14,706.00	11.84	12.39
115	BankUnited Financial Corp. Coral Gables, Fla.	477,072.00	14,094.00	11.82	12.73
116	State Street Corp. Boston	6,030,500.00	177,000.00	11.74	13.80
117	BankAtlantic Bancorp Inc. Fort Lauderdale, Fla.	505,661.00	14,691.00	11.62	14.33
118	Washington Federal Inc. Seattle, Wash.	1,108,461.00	31,494.00	11.36	12.12
119	MAF Bancorp Inc. Clarendon Hills, Ill.	910,788.00	25,586.00	11.24	11.28
120	First Republic Bank San Francisco	433,363.00	12,070.00	11.14	11.52
121	Commercial Federal Corp. Omaha	764,614.00	20,233.00	10.58	10.08
122	Northwest Bancorp Inc. Warren, Pa.	546,773.00	14,402.00	10.54	10.50
123	Old National Bancorp Evansville, Ind.	692,822.00	18,184.00	10.50	9.20
124	BancWest Corp. Honolulu	4,512,117.00	117,226.00	10.39	10.43
125	Downey Financial Corp. Newport Beach, Calif.	952,171.00	24,510.00	10.30	8.74
126	Franklin Bank Corp. Houston	257,957.00	6,536.00	10.14	8.57
127	Susquehanna Bancshares Inc. Lititz, Pa.	731,406.00	18,506.00	10.12	10.91
128	Waypoint Financial Corp. Harrisburg, Pa.	409,124.00	10,349.00	10.12	8.37
129	First Citizens Bancorp Inc. Columbia, S.C.	353,555.00	8,890.00	10.06	9.65
130	Whitney Holding Corp. New Orleans	882,744.00	22,078.00	10.00	10.81
131	Regions Financial Corp. Birmingham, Ala.	10,605,424.00	256,746.00	9.68	12.08
132	South Financial Group Inc. Greenville, S.C.	1,292,159.00	31,015.00	9.60	11.35
133	Peoples Bank Bridgeport, Conn.	1,170,400.00	27,500.00	9.40	20.50
134	Umpqua Holdings Corp. Roseburg, Ore.	628,667.00	13,368.00	8.51	9.66
135	First National Bankshares of Florida Naples	459,004.00	8,924.00	7.78	10.20
136	Sovereign Bancorp Inc. Philadelphia	4,544,175.00	82,542.00	7.27	10.55
137	First Citizens Bancshares Inc. Raleigh	1,057,749.00	16,868.00	6.38	6.39
138	UMB Financial Corp. Kansas City, Mo.	819,188.00	12,008.00	5.86	5.08
139	First Niagara Financial Group Lockport, N.Y.	934,555.00	13,330.00	5.71	5.67
140	JPMorgan Chase & Co. New York	105,378,000.00	1,418,000.00	5.38	6.00
141	Provident Financial Services Inc. Jersey City, N.J.	1,034,078.00	13,343.00	5.16	4.84
142	1st Source Corp. South Bend, Ind.	318,236.00	3,308.00	4.16	7.19
143	NetBank Inc. Alpharetta, Ga.	433,934.00	4,015.00	3.70	6.75
144	NewAlliance Bancshares Inc. New Haven, Conn.	1,406,954.00	8,133.00	2.31	3.57
145	Partners Trust Financial Group Inc. Utica, N.Y.	476,360.00	2,267.00	1.90	3.87
146	First Commonwealth Financial Corp. Indiana, Pa.	522,173.00	-2,795.00	-2.14	6.14
147	Gold Banc Corp. Inc. Leawood, Kan.	261,781.00	-1,846.00	-2.82	5.86
148	Charles Schwab Corp. San Francisco	4,643,500.00	-41,000.00	-3.53	6.71
149	Riggs National Corp. Washington	350,151.00	-9,998.00	-11.42	-14.92
150	Capitol Federal Financial Topeka, Kan.	862,473.00	-129,988.00	-60.29	-11.36

* Annualized

Source: Highline Banking Data Services (877-305-6657)