Top 100 Most Efficient Bank Holding Companies Based on the Largest 500

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Top 100 Most Efficient Bank Holding Companies Based on the Largest 500

Based on Reported Early Earnings for the Quarter ending September 30, 2000

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  EPS, Fully Diluted  
Rank Institution Name City, ST % Change September 30, 2000 September 30, 1999 Net Income Total Assets
1 Silicon Valley Bancshares Santa Clara, CA 180.69 0.69 0.25 $ 34,939.00 $ 5,504,131.00
2 Riggs National Corporation Washington, DC 177.04 0.69 0.25 -4,252 5,473,161
3 Imperial Bancorp (CA) Inglewood, CA 59.43 0.51 0.32 23,217 7,441,954
4 Downey Financial Corp. (DE) Newport Beach, CA 58.64 0.93 0.59 26,338 10,367,213
5 First Citizens Bancshares, Inc. (NC) Raleigh, NC 45.45 3.17 2.18 33,355 10,361,296
6 Summit Bancorp Princeton, NJ 43.16 0.76 0.53 133,464 39,464,998
7 Flagstar Bancorp, Inc. Bloomfield Hills, MI 37.82 0.71 0.52 9,020 5,638,642
8 Capital One Financial Corporation Falls Church, VA 28.09 0.58 0.45 122,123 16,378,825
9 Citigroup Incorporated New York, NY 25.93 0.68 0.54 3,088,000 805,000,000
10 TCF Financial Corporation Minneapolis, MN 25.53 0.59 0.47 46,697 10,980,000
11 First Banks, Inc. (MO) Clayton, MO 24.66 562.32 451.08 14,058 5,234,629
12 MBNA Corporation Wilmington, DE 24.13 0.43 0.35 368,749 36,344,519
13 Independence Community Bank Corp Brooklyn, NY 24.12 0.27 0.22 15,690 6,870,989
14 Firstar Corporation Milwaukee, WI 21.88 0.39 0.32 308,994 74,506,369
15 Morgan (J.P.) & Co. Inc. New York, NY 21.62 2.70 2.22 514,000 281,681,000
16 Golden West Financial Corporation Oakland, CA 20.29 0.86 0.71 137,403 52,365,381
17 Northern Trust Corporation Chicago, IL 19.10 0.53 0.45 123,300 34,793,700
18 GreenPoint Financial Corp. New York, NY 18.18 1.04 0.88 67,014 15,325,225
19 State Street Corporation Boston, MA 18.08 0.91 0.77 149,839 64,979,000
20 BOK Financial Corporation Tulsa, OK 16.64 0.46 0.40 25,637 9,016,000
21 Cullen/Frost Bankers, Inc. San Antonio, TX 16.13 0.52 0.45 27,758 7,354,813
22 Commerce Bancorp, Inc. (NJ) Cherry Hill, NJ 15.28 0.64 0.56 20,991 7,781,421
23 Fifth Third Bancorp (OH) Cincinnati, OH 15.26 0.48 0.42 228,026 44,396,000
24 Commerce Bancshares, Inc. Kansas City, MO 14.76 0.74 0.65 45,493 10,963,581
25 Staten Island Bancorp Inc Staten Island, NY 14.70 0.41 0.36 13661 5073808
26 National Commerce Bancorporation Memphis, TN 14.29 0.32 0.28 -2,484 16,466,169
27 Mellon Financial Corporation Pittsburgh, PA 14.22 0.51 0.45 252,000 45,337,000
28 M&T Bank Corporation Buffalo, NY 14.12 0.97 0.85 74,416 22,008,914
29 Fleet Boston Corporation Boston, MA 13.51 0.84 0.74 841,000 179,093,000
  Zions Bancorporation Salt Lake City, UT 13.51 0.84 0.74 64,644 21,924,319
31 Charter One Financial, Inc. Cleveland, OH 13.04 0.52 0.46 109,592 32,778,473
32 City National Corporation (CA) Beverly Hills, CA 12.90 0.70 0.62 34,161 8,913,955
33 Comerica, Inc. Detroit, MI 12.68 1.18 1.05 119,841 40,885,390
34 Wells Fargo & Company San Francisco, CA 12.54 0.64 0.57 1,070,000 241,119,000
35 First BanCorp Puerto Rico Santurce, PR 12.02 0.56 0.50 16,699 5,648,674
36 Popular, Inc. Hato Rey, PR 10.91 0.51 0.46 71,292 27,230,263
37 UnionBanCal Corporation San Francisco, CA 10.81 0.82 0.74 131,576 33,745,489
38 Banknorth Group, Inc. Portland, ME 10.53 0.42 0.38 60,591 18,462,323
39 Mercantile Bankshares Corp. Baltimore, MD 9.99 0.64 0.59 45,380 8,647,898
40 SunTrust Banks, Inc. Atlanta, GA 9.90 1.11 1.01 326,820 100,546,052
41 Synovus Financial Corp. Columbus, GA 9.81 0.23 0.21 64,731 14,105,157
42 First Midwest Bancorp, Inc. Itasca, IL 9.78 0.47 0.43 19,402 5,964,538
43 Fulton Financial Corporation Lancaster, PA 8.99 0.37 0.34 26,121 6,478,773
44 Bank United Corp. Houston, TX 8.42 1.03 0.95 36,595 18,160,223
45 Hibernia Corporation New Orleans, LA 8.41 0.33 0.30 53,063 16,239,100
46 Compass Bancshares, Inc. Birmingham, AL 7.69 0.56 0.52 63,009 19,409,329
47 UMB Financial Corporation Kansas City, MO 7.56 0.77 0.72 16,330 7,252,548
48 SouthTrust Corporation Birmingham, AL 7.46 0.72 0.67 121,620 44,326,262
49 Roslyn Bancorp, Inc. Roslyn, NY 7.32 0.44 0.41 17,275 7,304,112
50 Dime Bancorp, Inc. New York, NY 7.27 0.59 0.55 -16,539 25,232,342
  Old Kent Financial Corporation Grand Rapids, MI 7.27 0.59 0.55 81,654 22,518,600
52 Golden State Bancorp Inc. San Francisco, CA 6.63 0.62 0.58 88,513 60,560,411
53 Trustmark Corporation Jackson, MS 6.59 0.37 0.35 25,155 6,805,556
54 Bank of America Corporation Charlotte, NC 6.50 1.31 1.23 1,829,000 671,725,000
55 Sovereign Bancorp, Inc. Wyomissing, PA 6.45 0.33 0.31 -15,915 34,647,504
56 Hudson City Bancorp, Inc. Paramus, NJ 5.86 0.26 0.25 29,078 9,162,067
57 Citizens Banking Corporation (MI) Flint, MI 5.69 0.54 0.51 25,729 8,275,611
58 Whitney Holding Corporation New Orleans, LA 4.98 0.75 0.71 17,051 6,042,504
59 North Fork Bancorporation Inc Melville, NY 4.86 0.42 0.40 72,684 14,739,902
60 Provident Bankshares Corporation Baltimore, MD 4.78 0.43 0.41 11,355 5,699,268
61 Hudson United Bancorp Mahwah, NJ 4.00 0.26 0.25 24,475 6,908,244
62 Wachovia Corporation Winston-Salem, NC 3.94 1.32 1.27 205,324 72,020,000
63 Wilmington Trust Corporation Wilmington, DE 3.31 0.95 0.92 31,090 7,303,018
64 Washington Mutual, Inc. Seattle, WA 3.16 0.86 0.83 452,493 190,780,150
65 Associated Banc-Corp. Green Bay, WI 3.03 0.61 0.59 41,504 13,120,002
66 PNC Financial Services Group Pittsburgh, PA 2.98 1.09 1.06 322,000 69,884,000
67 FirstMerit Corporation Akron, OH 2.94 0.45 0.44 40,065 10,372,214
68 Marshall & Ilsley Corporation Milwaukee, WI 2.47 0.83 0.81 51,759 25,249,274
69 BancWest Corporation Honolulu, HI 2.22 0.46 0.45 56,812 17,972,581
70 Valley National Bancorp (NJ) Wayne, NJ 2.00 0.44 0.43 26,383 6,266,398
71 Webster Financial Corporation Waterbury, CT 1.86 0.64 0.63 31,583 11,256,550
72 First Virginia Banks, Inc. Falls Church, VA 1.78 0.76 0.75 35,334 9,420,954
73 Westcorp Irvine, CA 0.35 0.57 0.57 18,165 6,921,701
74 U.S. Bancorp Minneapolis, MN 0.00 0.54 0.54 401,300 86,349,000
  Pacific Century Financial Corporation Honolulu, HI 0.00 0.44 0.44 34,603 13,939,861
  Sky Financial Group, Inc. Bowling Green, OH 0.00 0.30 0.30 25,150 8,259,000
77 Regions Financial Corporation Birmingham, AL -0.92 0.58 0.59 127,859 43,627,096
78 Centura Banks, Inc. (NC) Rocky Mount, NC -1.25 0.85 0.86 34,003 11,389,045
79 Union Planters Corporation Memphis, TN -1.51 0.74 0.75 101,581 34,262,589
80 Community First Bankshares Fargo, ND -2.64 0.40 0.41 17,751 6,092,935
81 First Tennessee National Corporation Memphis, TN -3.36 0.50 0.52 65,947 19,219,630
82 Colonial BancGroup Inc. Montgomery, AL -4.07 0.26 0.27 28,561 11,475,528
83 National City Corporation Cleveland, OH -5.49 0.54 0.57 330,636 85,045,875
84 People's Bank Bridgeport CT Bridgeport, CT -7.66 0.43 0.46 26,200 11,001,100
85 Washington Federal Inc. Seattle, WA -7.69 0.48 0.52 24,962 6,719,841
86 Astoria Financial Corporation Lake Success, NY -14.01 1.07 1.25 53,689 22,201,798
87 First Union Corporation Charlotte, NC -14.29 0.72 0.84 852,000 246,640,000
88 Huntington Bancshares Incorporated Columbus, OH -18.18 0.36 0.44 50,530 28,577,193
89 Chase Manhattan Corporation New York, NY -26.09 0.68 0.92 884,000 425,816,000
90 South Financial Group, Inc. (The) Greenville, SC -28.00 0.18 0.25 -3,082 5,128,115
91 Bank One Corporation Chicago, IL -39.02 0.50 0.82 581,000 283,373,000
92 Old National Bancorp Evansville, IN -46.83 0.23 0.43 13,223 8,806,844
93 Bank of New York Company Inc. New York, NY -52.20 0.49 1.03 363,000 75,409,000
94 KeyCorp Cleveland, OH -53.02 0.28 0.60 121,000 85,500,000
95 BancorpSouth Inc. Tupelo, MS -63.19 0.11 0.31 9,492 9,301,602
96 BB&T Corporation Winston-Salem, NC -72.20 0.12 0.44 49,264 56,671,181
97 Provident Financial Group, Inc. Cincinnati, OH -73.77 0.22 0.83 10,953 13,122,117
98 Bay View Capital Corporation San Mateo, CA -114.58 -0.07 0.48 -234,456 6,027,672
99 AmSouth Bancorporation Birmingham, AL -121.96 -0.10 0.44 -36,266 39,395,701
100 Commercial Federal Corp. Omaha, NE -195.12 -0.39 0.41 -21,800 13,900,000

*Data compiled from Early Earnings Press Releases
Sheshunoff Information Services, Inc., Publicly Traded Banking Database
**Non-operating earnings were calculated, adjusting for taxes, for banks that did not release the information.
©  2000 American Banker