U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

April 18, 2022, 3:26 p.m. EDT 1 Min Read

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Rank	Company	City	State	Multiple	Net income (loss)	Salary and benefits	Return on average assets
1	Beal Financial Corporation	Plano	Tex.	12.94	$595,029	$45,979	7.91
2	Education Loan Finance, Inc.	Farragut	Tenn.	4.56	150,556	33,000	3.85
3	NexBank Capital, Inc.	Dallas	Tex.	3.36	110,023	32,737	1.14
4	United National Corporation	Sioux Falls	S.D.	3.10	679,387	219,178	16.22
5	ServisFirst Bancshares, Inc.	Birmingham	Ala.	3.07	207,734	67,728	1.54
6	John Deere Capital Corporation	Reno	Nev.	3.04	733,634	241,339	1.75
7	Customers Bancorp, Inc.	West Reading	Pa.	2.91	314,647	108,202	1.64
8	Amboy Bancorporation	Old Bridge	N.J.	2.72	56,118	20,649	2.07
9	Discover Financial Services	Riverwoods	Ill.	2.69	5,448,716	2,022,951	4.91
10	Merchants Bancorp	Carmel	Ind.	2.65	227,104	85,672	2.23
11	Synchrony Financial	Stamford	Conn.	2.42	4,221,000	1,741,000	4.49
12	Midland Financial Co.	Oklahoma City	Okla.	2.40	782,749	326,588	2.50
13	Luther Burbank Corporation	Santa Rosa	Calif.	2.31	87,753	37,940	1.22
14	Cathay General Bancorp	Los Angeles	Calif.	2.25	298,303	132,795	1.52
15	1867 Western Financial Corporation	Stockton	Calif.	2.22	102,605	46,119	2.32
16	Industry Bancshares, Inc.	Industry	Tex.	2.16	83,095	38,483	1.58
17	Inwood Bancshares, Inc.	Dallas	Tex.	2.13	64,803	30,448	1.65
18	International Bancshares Corporation	Laredo	Tex.	2.06	253,921	123,479	1.67
19	ConnectOne Bancorp, Inc.	Englewood Cliffs	N.J.	2.03	130,353	64,072	1.69
20	East West Bancorp, Inc.	Pasadena	Calif.	2.01	872,981	434,638	1.47
21	Eagle Bancorp, Inc.	Bethesda	Md.	2.00	176,691	88,398	1.49
22	New York Community Bancorp, Inc.	Hicksville	N.Y.	1.97	595,793	303,129	1.04
23	Bank7 Corp.	Oklahoma City	Okla.	1.93	23,159	11,983	2.21
24	Western Alliance Bancorporation	Phoenix	Ariz.	1.93	899,190	466,714	1.82
25	Olney Bancshares of Texas, Inc.	Olney	Tex.	1.87	75,858	40,582	2.04
26	Home Bancshares, Inc. (Conway, AR)	Conway	Ark.	1.87	319,021	170,755	1.83
27	Ally Financial Inc.	Detroit	Mich.	1.86	3,060,000	1,645,000	1.70
28	Lakeland Financial Corporation	Warsaw	Ind.	1.82	95,720	52,495	1.56
29	Westamerica Bancorporation	San Rafael	Calif.	1.80	86,509	48,011	1.23
30	CVB Financial Corp.	Ontario	Calif.	1.78	212,521	119,300	1.39
31	Southern BancShares (N.C.), Inc.	Mount Olive	N.C.	1.72	93,546	54,328	2.19
32	BankUnited, Inc.	Miami Lakes	Fla.	1.71	414,984	242,892	1.17
33	RBB Bancorp	Los Angeles	Calif.	1.70	56,906	33,568	1.49
34	Prosperity Bancshares, Inc.	Houston	Tex.	1.67	519,297	310,556	1.44
35	PacWest Bancorp	Beverly Hills	Calif.	1.65	606,959	368,450	1.72
36	Northfield Bancorp, Inc. (Staten Island, NY)	Woodbridge	N.J.	1.62	70,654	43,706	1.29
37	First Financial Bankshares, Inc.	Abilene	Tex.	1.60	227,562	142,365	1.92
38	Pacific Premier Bancorp, Inc.	Irvine	Calif.	1.58	339,889	215,039	1.66
39	Silver Queen Financial Services, Inc.	Greenwood Village	Colo.	1.56	12,515	8,039	0.60
40	Capital One Financial Corporation	McLean	Va.	1.53	12,390,129	8,082,931	2.93
41	Sandy Spring Bancorp, Inc.	Olney	Md.	1.51	235,107	155,830	1.83
42	Southern Missouri Bancorp, Inc.	Poplar Bluff	Mo.	1.51	49,878	33,079	1.82
43	Popular, Inc.	Hato Rey	P.R.	1.49	935,000	629,000	1.31
44	Bridgewater Bancshares, Inc.	Saint Louis Park	Minn.	1.48	45,687	30,889	1.44
45	Veritex Holdings, Inc.	Dallas	Tex.	1.47	139,584	94,748	1.50
46	Axos Financial, Inc.	Las Vegas	Nev.	1.47	228,899	156,012	1.57
47	Hometown Community Bancorp, Inc.	Morton	Ill.	1.47	75,971	51,848	1.54
48	First Hawaiian, Inc.	Honolulu	Hawaii	1.46	265,735	182,384	1.09
49	Capitol Federal Financial, Inc.	Topeka	Kan.	1.45	79,370	54,766	0.82
50	Amarillo National Bancorp, Inc.	Amarillo	Tex.	1.44	132,328	91,853	1.80
51	City Holding Company	Charleston	W.Va.	1.42	88,079	61,932	1.49
52	Stearns Financial Services, Inc.	Saint Cloud	Minn.	1.42	75,598	53,161	3.12
53	Southside Bancshares, Inc.	Tyler	Tex.	1.42	113,401	79,893	1.62
54	Premier Financial Corp.	Defiance	Ohio	1.39	126,051	90,545	1.68
55	First BanCorp.	Santurce	P.R.	1.36	281,025	206,058	1.38
56	Hanmi Financial Corporation	Los Angeles	Calif.	1.36	98,677	72,561	1.51
57	First Security Bancorp	Searcy	Ark.	1.36	141,053	104,038	1.78
58	American National Bankshares Inc.	Danville	Va.	1.35	43,526	32,342	1.37
59	Metropolitan Bank Holding Corp.	New York	N.Y.	1.34	60,555	45,127	1.06
60	Live Oak Bancshares, Inc.	Wilmington	N.C.	1.34	166,995	125,085	2.03
61	Southern First Bancshares, Inc.	Greenville	S.C.	1.33	46,710	35,068	1.75
62	Summit Financial Group, Inc.	Moorefield	W.Va.	1.33	45,738	34,387	NA
63	Ida Grove Bancshares, Inc.	Ida Grove	Iowa	1.33	32,953	24,869	1.68
64	Farmers National Banc Corp.	Canfield	Ohio	1.32	51,844	39,393	NA
65	Stockman Financial Corporation	Miles City	Mont.	1.31	96,173	73,287	1.83
66	American Express Company	New York	N.Y.	1.29	8,060,000	6,240,000	4.29
67	FirstBank Holding Company	Lakewood	Colo.	1.28	309,429	242,098	1.17
68	First Internet Bancorp	Fishers	Ind.	1.28	48,114	37,663	1.14
69	Financial Institutions, Inc.	Warsaw	N.Y.	1.28	77,697	60,893	1.46
70	WSFS Financial Corporation	Wilmington	Del.	1.27	271,442	213,404	1.82
71	TrustCo Bank Corp NY	Glenville	N.Y.	1.26	61,519	48,721	1.01
72	Valley National Bancorp	New York	N.Y.	1.26	473,840	375,865	1.14
73	Arbor Bancorp, Inc.	Ann Arbor	Mich.	1.25	37,580	29,956	NA
74	Independent Bank Group, Inc.	McKinney	Tex.	1.25	224,750	180,336	1.21
75	First Foundation Inc.	Dallas	Tex.	1.25	109,510	87,910	1.32
76	JPMorgan Chase & Co.	New York	N.Y.	1.23	48,334,000	39,139,000	1.30
77	First Merchants Corporation	Muncie	Ind.	1.23	205,531	166,995	1.39
78	German American Bancorp, Inc.	Jasper	Ind.	1.23	84,137	68,570	1.58
79	Atlantic Union Bankshares Corporation	Richmond	Va.	1.23	263,917	215,363	1.32
80	The Goldman Sachs Group, Inc.	New York	N.Y.	1.22	21,635,000	17,719,000	1.58
81	Ameriprise Financial, Inc.	Minneapolis	Minn.	1.22	2,760,448	2,270,349	1.65
82	First Bancorp, Inc.	Lebanon	Va.	1.22	42,135	34,665	1.63
83	Pinnacle Financial Partners, Inc.	Nashville	Tenn.	1.21	527,323	435,692	1.48
84	WesBanco, Inc.	Wheeling	W.Va.	1.21	242,260	200,273	1.43
85	Origin Bancorp, Inc.	Ruston	La.	1.19	108,547	91,002	1.46
86	Community Trust Bancorp, Inc.	Pikeville	Ky.	1.19	87,939	74,114	1.63
87	Ambank Company, Inc.	Sioux Center	Iowa	1.18	26,880	22,851	1.77
88	Horizon Bancorp, Inc.	Michigan City	Ind.	1.18	87,091	74,051	1.34
89	Provident Financial Services, Inc.	Jersey City	N.J.	1.17	167,921	143,366	1.26
90	Synovus Financial Corp.	Columbus	Ga.	1.17	760,467	649,426	1.37
91	Pinnacle Bancorp, Inc.	Elkhorn	Neb.	1.16	226,045	194,035	1.38
92	First Community Bankshares, Inc.	Bluefield	Va.	1.16	51,168	44,239	1.63
93	Hills Bancorporation	Hills	Iowa	1.16	48,085	41,624	1.21
94	Hope Bancorp, Inc.	Los Angeles	Calif.	1.15	204,571	177,206	1.17
95	First Commonwealth Financial Corporation	Indiana	Pa.	1.15	138,257	119,835	1.47
96	Lakeland Bancorp, Inc.	Oak Ridge	N.J.	1.15	95,041	82,589	1.19
97	State Bankshares, Inc.	Fargo	N.D.	1.15	300,500	261,979	2.97
98	CrossFirst Bankshares, Inc.	Leawood	Kan.	1.14	69,413	61,080	1.25
99	Camden National Corporation	Camden	Maine	1.13	69,014	61,007	1.32
100	Regions Financial Corporation	Birmingham	Ala.	1.13	2,521,000	2,231,000	1.64
101	1st Source Corporation	South Bend	Ind.	1.12	118,534	105,808	1.53
102	United Community Banks, Inc.	Blairsville	Ga.	1.12	269,803	241,066	1.40
103	Ameris Bancorp	Atlanta	Ga.	1.12	376,913	337,776	1.73
104	First Bancshares, Inc.	Merrillville	Ind.	1.12	83,154	74,574	1.41
105	Meta Financial Group, Inc.	Sioux Falls	S.D.	1.11	174,995	156,984	2.12
106	Arrow Financial Corporation	Glens Falls	N.Y.	1.11	49,857	44,798	1.29
107	OFG Bancorp	San Juan	P.R.	1.11	146,150	131,828	1.42
108	TriCo Bancshares	Chico	Calif.	1.11	117,655	106,351	1.43
109	United Bankshares, Inc.	Charleston	W.Va.	1.10	367,738	333,841	1.35
110	S&T Bancorp, Inc.	Indiana	Pa.	1.10	110,343	100,214	1.18
111	Heritage Financial Corporation	Olympia	Wash.	1.10	98,035	89,057	1.38
112	American National Corporation	Omaha	Neb.	1.09	69,305	63,307	1.51
113	Bank of Hawaii Corporation	Honolulu	Hawaii	1.09	253,372	232,622	1.14
114	Citizens Financial Group, Inc.	Providence	R.I.	1.09	2,319,186	2,134,016	1.25
115	Washington Federal, Inc.	Seattle	Wash.	1.08	194,945	179,745	1.00
116	The First of Long Island Corporation	Glen Head	N.Y.	1.08	43,089	39,753	1.04
117	Pedcor Financial, LLC	Carmel	Ind.	1.08	28,285	26,117	1.41
118	215 Holding Co.	Minneapolis	Minn.	1.08	14,786	13,675	1.51
119	Brookline Bancorp, Inc.	Boston	Mass.	1.08	115,440	106,787	1.35
120	Seacoast Banking Corporation of Florida	Stuart	Fla.	1.08	124,403	115,156	1.33
121	The Charles Schwab Corporation	Westlake	Tex.	1.08	5,855,000	5,439,000	0.99
122	Unity Capital Corporation	Holly Springs	Miss.	1.07	3,802	3,563	NA
123	Great Southern Bancorp, Inc.	Springfield	Mo.	1.07	74,627	70,069	1.36
124	Glacier Bancorp, Inc.	Kalispell	Mont.	1.06	284,757	267,600	1.33
125	Fifth Third Bancorp	Cincinnati	Ohio	1.05	2,769,569	2,641,124	1.35
126	The Bancorp, Inc.	Wilmington	Del.	1.04	110,651	105,999	1.68
127	South Central Bancshares of Kentucky, Inc.	Glasgow	Ky.	1.04	22,201	21,334	1.44
128	Comerica Incorporated	Dallas	Tex.	1.03	1,168,000	1,133,000	1.29
129	Kearny Financial Corp.	Fairfield	N.J.	1.03	73,390	71,439	1.01
130	KeyCorp	Cleveland	Ohio	1.03	2,625,203	2,560,933	1.46
131	Simmons First National Corporation	Pine Bluff	Ark.	1.02	271,156	265,314	1.15
132	Commerce Bancshares, Inc.	Kansas City	Mo.	1.01	530,765	525,248	1.56
133	BancFirst Corporation	Oklahoma City	Okla.	1.01	167,630	166,723	1.54
134	HBT Financial, Inc.	Bloomington	Ill.	1.00	56,271	56,131	1.42
135	Farmers & Merchants Bancorp	Lodi	Calif.	1.00	66,336	66,334	1.35
136	Valley View Bancshares, Inc.	Overland Park	Kan.	1.00	37,031	37,105	1.01
137	MidWestOne Financial Group, Inc.	Iowa City	Iowa	0.99	69,486	69,937	1.20
138	Enterprise Financial Services Corp	Clayton	Mo.	0.98	133,055	135,173	1.16
139	QCR Holdings, Inc.	Moline	Ill.	0.98	98,905	100,907	1.68
140	Old National Bancorp	Evansville	Ind.	0.98	277,538	284,098	1.16
141	The First Bancshares, Inc.	Hattiesburg	Miss.	0.97	64,167	65,856	1.17
142	Webster Financial Corporation	Stamford	Conn.	0.97	408,864	420,092	1.20
143	F.N.B. Corporation	Pittsburgh	Pa.	0.97	404,602	417,752	1.05
144	Equity Bancshares, Inc.	Wichita	Kan.	0.97	52,480	54,198	1.19
145	TriState Capital Holdings, Inc.	Pittsburgh	Pa.	0.96	78,060	80,991	0.69
146	Amerant Bancorp Inc.	Coral Gables	Fla.	0.96	112,921	117,585	1.49
147	Hancock Whitney Corporation	Gulfport	Miss.	0.96	463,215	482,375	1.32
148	First National of Nebraska, Inc.	Omaha	Neb.	0.96	493,387	514,821	1.93
149	Banner Corporation	Walla Walla	Wash.	0.96	201,048	210,430	1.25
150	Stock Yards Bancorp, Inc.	Louisville	Ky.	0.95	74,645	78,341	1.33
151	New York Private Bank & Trust Corporation	New York	N.Y.	0.95	166,766	175,325	2.83
152	QNB Corp.	Quakertown	Pa.	0.94	16,492	17,453	1.04
153	CNB Financial Corporation	Clearfield	Pa.	0.94	57,707	61,175	1.14
154	Guaranty Bancshares, Inc.	Addison	Tex.	0.94	39,806	42,345	1.37
155	Midland States Bancorp, Inc.	Effingham	Ill.	0.94	81,317	86,883	1.18
156	MB Mutual Holding Company	Manasquan	N.J.	0.93	23,229	24,939	0.93
157	Wilson Bank Holding Company	Lebanon	Tenn.	0.93	49,426	53,067	1.35
158	OceanFirst Financial Corp.	Red Bank	N.J.	0.93	110,076	118,653	0.95
159	First Bancorp	Southern Pines	N.C.	0.93	95,644	103,249	1.12
160	Byline Bancorp, Inc.	Chicago	Ill.	0.92	92,785	100,314	1.40
161	Central Bancompany, Inc.	Jefferson City	Mo.	0.92	246,830	267,058	1.28
162	Park National Corporation	Newark	Ohio	0.92	153,945	167,188	1.57
163	Heritage Commerce Corp	San Jose	Calif.	0.92	47,700	51,862	0.92
164	Flushing Financial Corporation	Uniondale	N.Y.	0.92	81,793	89,130	1.00
165	Cullen/Frost Bankers, Inc.	San Antonio	Tex.	0.92	443,079	484,235	0.97
166	Chemung Financial Corporation	Elmira	N.Y.	0.91	26,424	28,917	1.09
167	Heartland Financial USA, Inc.	Dubuque	Iowa	0.91	219,923	240,692	1.19
168	U.S. Bancorp	Minneapolis	Minn.	0.91	7,963,000	8,728,000	1.43
169	M&T Bank Corporation	Buffalo	N.Y.	0.91	1,858,746	2,045,677	1.22
170	Allegiance Bancshares, Inc.	Houston	Tex.	0.91	81,554	89,825	1.26
171	Civista Bancshares, Inc.	Sandusky	Ohio	0.91	40,546	44,690	1.34
172	SVB Financial Group	Santa Clara	Calif.	0.90	1,833,000	2,029,000	1.10
173	Columbia Banking System, Inc.	Tacoma	Wash.	0.90	202,820	224,622	1.10
174	NBT Bancorp Inc.	Norwich	N.Y.	0.90	154,885	172,580	1.33
175	First United Corporation	Oakland	Md.	0.90	19,770	22,061	1.13
176	BOU Bancorp, Inc.	Ogden	Utah	0.90	31,725	35,412	1.55
177	Landmark Bancorp, Inc.	Manhattan	Kan.	0.89	18,011	20,157	1.44
178	BOK Financial Corporation	Tulsa	Okla.	0.89	618,121	695,382	1.24
179	Mercantile Bank Corporation	Grand Rapids	Mich.	0.89	59,021	66,479	1.23
180	Central Pacific Financial Corp.	Honolulu	Hawaii	0.89	79,894	90,213	1.13
181	Univest Financial Corporation	Souderton	Pa.	0.88	91,801	104,191	1.38
182	Washington Trust Bancorp, Inc.	Westerly	R.I.	0.88	76,870	87,431	1.32
183	Umpqua Holdings Corporation	Portland	Ore.	0.88	420,300	479,179	1.39
184	First State Bancshares, Inc.	Farmington	Mo.	0.87	49,875	57,005	1.38
185	Citigroup Inc.	New York	N.Y.	0.87	21,952,000	25,134,000	0.94
186	HomeStreet, Inc.	Seattle	Wash.	0.87	115,422	132,494	1.58
187	First Interstate BancSystem, Inc.	Billings	Mont.	0.87	192,119	220,726	1.02
188	Bank of America Corporation	Charlotte	N.C.	0.86	31,978,000	37,057,000	1.06
189	SouthState Corporation	Winter Haven	Fla.	0.86	475,543	552,030	1.19
190	Nicolet Bankshares, Inc.	Green Bay	Wis.	0.86	60,652	70,703	1.15
191	Primis Financial Corp.	McLean	Va.	0.85	31,248	36,741	0.93
192	First Busey Corporation	Champaign	Ill.	0.85	123,449	145,312	1.04
193	Sterling Bancorp, Inc. (Southfield, MI)	Southfield	Mich.	0.85	23,390	27,603	0.68
194	Fulton Financial Corporation	Lancaster	Pa.	0.84	275,496	329,138	1.05
195	Citizens Bancorp Investment, Inc.	Lafayette	Tenn.	0.83	16,737	20,052	1.19
196	First Financial Bancorp.	Cincinnati	Ohio	0.83	205,160	245,924	1.28
197	Bar Harbor Bankshares	Bar Harbor	Maine	0.83	39,299	47,116	1.05
198	Dime Community Bancshares, Inc.	Hauppauge	N.Y.	0.82	103,996	126,083	0.86
199	Associated Banc-Corp	Green Bay	Wis.	0.82	350,994	426,687	1.02
200	Cambridge Bancorp	Cambridge	Mass.	0.82	54,024	65,732	1.24

Note: Only domestic holding companies that file Y-9C reports are included. Based on Y-9C filings by top tier bank holding companies with the Federal Reserve.

Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Apr. 18, 2022.

Source:

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