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

July 18, 2022, 12:57 p.m. EDT 1 Min Read
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U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits
Rank Company City State Multiple Net income (loss)($000) Salary and benefits($000) Return on average assets(%)
1 Beal Financial Corporation Plano Tex. 23.73 $228,926 $9,648 10.68
2 Silver Queen Financial Services, Inc. Greenwood Village Colo. 7.10 16,731 2,355 3.21
3 NexBank Capital, Inc. Dallas Tex. 4.82 51,747 10,733 1.89
4 Big Poppy Holdings, Inc. Santa Rosa Calif. 4.11 24,668 5,996 2.36
5 Pedcor Financial, LLC Carmel Ind. 3.70 27,644 7,481 3.25
6 First National Bancshares, Inc. East Lansing Mich. 3.58 31,147 8,689 3.70
7 United National Corporation Sioux Falls S.D. 3.35 186,074 55,581 17.40
8 ServisFirst Bancshares, Inc. Birmingham Ala. 3.15 57,613 18,301 1.51
9 John Deere Capital Corporation Reno Nev. 3.09 182,010 58,894 1.74
10 Customers Bancorp, Inc. West Reading Pa. 2.88 76,761 26,607 1.60
11 Eagle Bancorp, Inc. Bethesda Md. 2.69 45,744 17,019 1.43
12 Discover Financial Services Riverwoods Ill. 2.44 1,241,902 509,292 4.61
13 Merchants Bancorp Carmel Ind. 2.34 50,142 21,464 1.92
14 Luther Burbank Corporation Santa Rosa Calif. 2.30 22,940 9,972 1.28
15 Industry Bancshares, Inc. Industry Tex. 2.23 22,050 9,877 1.58
16 Cathay General Bancorp Los Angeles Calif. 2.11 75,028 35,475 1.44
17 West Bancorporation, Inc. West Des Moines Iowa 2.09 13,184 6,298 1.48
18 East West Bancorp, Inc. Pasadena Calif. 2.04 237,652 116,407 1.54
19 Synchrony Financial Stamford Conn. 2.03 932,000 459,000 3.90
20 State Bankshares, Inc. Fargo N.D. 1.97 118,441 60,146 4.47
21 New York Community Bancorp, Inc. Hicksville N.Y. 1.94 155,181 79,920 1.03
22 1867 Western Financial Corporation Stockton Calif. 1.91 22,781 11,919 1.90
23 Westamerica Bancorporation San Rafael Calif. 1.90 22,616 11,920 1.22
24 TrustCo Bank Corp NY Glenville N.Y. 1.85 17,089 9,239 1.10
25 Inwood Bancshares, Inc. Dallas Tex. 1.85 16,404 8,874 1.51
26 Midland Financial Co. Oklahoma City Okla. 1.82 178,880 98,222 2.20
27 Silvergate Capital Corporation La Jolla Calif. 1.76 27,386 15,545 0.66
28 Western Alliance Bancorporation Phoenix Ariz. 1.74 240,142 138,257 1.62
29 Olney Bancshares of Texas, Inc. Olney Tex. 1.73 18,475 10,705 1.86
30 International Bancshares Corporation Laredo Tex. 1.72 53,493 31,119 1.34
31 CRB Group, Inc. Fort Lee N.J. 1.71 58,394 34,086 2.55
32 First BanCorp. Santurce P.R. 1.70 82,600 48,589 1.62
33 Sturm Financial Group, Inc. Denver Colo. 1.70 19,338 11,398 2.14
34 Amboy Bancorporation Old Bridge N.J. 1.69 8,336 4,921 1.17
35 ConnectOne Bancorp, Inc. Englewood Cliffs N.J. 1.68 31,381 18,640 1.52
36 Banc of California, Inc. Santa Ana Calif. 1.68 48,512 28,931 2.06
37 American National Corporation Omaha Neb. 1.64 21,891 13,380 1.88
38 First Financial Bankshares, Inc. Abilene Tex. 1.64 55,972 34,215 1.69
39 Lakeland Financial Corporation Warsaw Ind. 1.57 23,642 15,039 1.42
40 Capitol Federal Financial, Inc. Topeka Kan. 1.56 21,623 13,825 0.75
41 RBB Bancorp Los Angeles Calif. 1.56 14,617 9,369 1.37
42 Prosperity Bancshares, Inc. Houston Tex. 1.54 122,326 79,411 1.28
43 Bank7 Corp. Oklahoma City Okla. 1.54 6,184 4,026 1.86
44 Hometown Community Bancorp, Inc. Morton Ill. 1.52 19,576 12,918 1.56
45 Home Bancshares, Inc. (Conway, AR) Conway Ark. 1.49 64,892 43,551 1.41
46 Northfield Bancorp, Inc. (Staten Island, NY) Woodbridge N.J. 1.48 14,127 9,539 1.03
47 Axos Financial, Inc. Las Vegas Nev. 1.44 61,823 43,020 1.58
48 Metropolitan Bank Holding Corp. New York N.Y. 1.43 19,021 13,269 1.10
49 Bridgewater Bancshares, Inc. Saint Louis Park Minn. 1.41 12,262 8,694 1.40
50 CVB Financial Corp. Ontario Calif. 1.39 45,560 32,790 1.05
51 Amarillo National Bancorp, Inc. Amarillo Tex. 1.38 33,023 23,906 1.72
52 Villages Bancorporation, Inc. The Villages Fla. 1.37 11,589 8,456 1.16
53 City Holding Company Charleston W.Va. 1.37 21,341 15,592 1.42
54 Enterprise Financial Services Corp Clayton Mo. 1.34 47,693 35,584 1.40
55 Farmers National Banc Corp. Canfield Ohio 1.34 15,844 11,831 1.51
56 Ally Financial Inc. Detroit Mich. 1.33 655,000 493,000 1.43
57 First Bancorp, Inc. Lebanon Va. 1.32 12,089 9,158 1.71
58 Stockman Financial Corporation Miles City Mont. 1.32 23,433 17,813 1.64
59 PacWest Bancorp Beverly Hills Calif. 1.30 120,128 92,240 1.20
60 First Security Bancorp Searcy Ark. 1.29 31,088 24,107 1.43
61 Popular, Inc. Hato Rey P.R. 1.27 212,000 167,000 1.12
62 American Express Company New York N.Y. 1.27 2,099,000 1,654,000 4.46
63 Hope Bancorp, Inc. Los Angeles Calif. 1.26 60,738 48,273 1.37
64 Southside Bancshares, Inc. Tyler Tex. 1.25 24,996 19,969 1.39
65 The First of Long Island Corporation Glen Head N.Y. 1.24 12,083 9,755 1.17
66 S&T Bancorp, Inc. Indiana Pa. 1.23 29,143 23,712 1.23
67 Veritex Holdings, Inc. Dallas Tex. 1.22 33,470 27,513 1.34
68 The Bancorp, Inc. Wilmington Del. 1.21 28,966 23,848 1.66
69 Ameriprise Financial, Inc. Minneapolis Minn. 1.21 760,726 629,200 1.78
70 First Financial Corporation Terre Haute Ind. 1.21 20,924 17,342 1.63
71 Summit Financial Group, Inc. Moorefield W.Va. 1.21 11,693 9,700 1.30
72 First Hawaiian, Inc. Honolulu Hawaii 1.20 57,719 48,226 0.91
73 Horizon Bancorp, Inc. Michigan City Ind. 1.19 23,563 19,735 1.29
74 Pacific Premier Bancorp, Inc. Irvine Calif. 1.19 66,904 56,126 1.27
75 Provident Financial Services, Inc. Jersey City N.J. 1.19 43,962 37,067 1.28
76 First Bancorp Southern Pines N.C. 1.17 33,969 29,032 1.29
77 Hanmi Financial Corporation Los Angeles Calif. 1.17 20,695 17,717 1.20
78 First Internet Bancorp Fishers Ind. 1.16 11,209 9,671 1.06
79 FirstBank Holding Company Lakewood Colo. 1.16 79,097 68,353 1.10
80 Woodforest Financial Group, Inc. The Woodlands Tex. 1.16 94,394 81,712 4.05
81 Hancock Whitney Corporation Gulfport Miss. 1.15 123,478 107,396 1.37
82 First Merchants Corporation Muncie Ind. 1.14 48,586 42,519 1.26
83 Nicolet Bankshares, Inc. Green Bay Wis. 1.14 24,164 21,222 1.28
84 Community Trust Bancorp, Inc. Pikeville Ky. 1.12 19,728 17,538 1.45
85 Investar Holding Corporation Baton Rouge La. 1.12 10,103 9,021 1.58
86 Dime Community Bancshares, Inc. Hauppauge N.Y. 1.12 34,531 30,834 1.13
87 Sandy Spring Bancorp, Inc. Olney Md. 1.12 43,935 39,373 1.40
88 Arrow Financial Corporation Glens Falls N.Y. 1.11 12,575 11,286 1.24
89 First Bancshares, Inc. Merrillville Ind. 1.10 21,225 19,287 1.39
90 Meta Financial Group, Inc. Sioux Falls S.D. 1.09 49,251 45,047 2.48
91 Valley National Bancorp New York N.Y. 1.08 116,728 107,733 1.07
92 Independent Bank Corp. Rockland Mass. 1.08 53,097 49,014 1.05
93 Camden National Corporation Camden Maine 1.08 16,795 15,506 1.23
94 United Bankshares, Inc. Charleston W.Va. 1.08 81,664 75,472 1.11
95 OFG Bancorp San Juan P.R. 1.08 37,521 34,765 1.48
96 Choice Financial Holdings, Inc. Fargo N.D. 1.08 15,969 14,825 1.99
97 1st Source Corporation South Bend Ind. 1.08 27,390 25,467 1.36
98 Capital One Financial Corporation McLean Va. 1.07 2,403,216 2,236,952 2.23
99 Pinnacle Financial Partners, Inc. Nashville Tenn. 1.06 129,110 121,705 1.34
100 INTRUST Financial Corporation Wichita Kan. 1.06 22,867 21,571 1.16
101 Independence Bancshares, Inc. Owensboro Ky. 1.06 11,563 10,940 1.40
102 Washington Federal, Inc. Seattle Wash. 1.05 49,359 47,106 0.98
103 American National Bankshares Inc. Danville Va. 1.05 8,999 8,598 1.08
104 Hills Bancorporation Hills Iowa 1.04 10,652 10,227 1.05
105 CapStar Financial Holdings, Inc. Nashville Tenn. 1.04 10,673 10,269 1.35
106 Synovus Financial Corp. Columbus Ga. 1.04 171,037 164,684 1.20
107 Equity Bancshares, Inc. Wichita Kan. 1.04 15,650 15,069 1.22
108 First Foundation Inc. Dallas Tex. 1.03 30,836 29,822 1.18
109 Premier Financial Corp. Defiance Ohio 1.03 26,357 25,521 1.40
110 Independent Bank Group, Inc. McKinney Tex. 1.02 50,740 49,555 1.10
111 Arbor Bancorp, Inc. Ann Arbor Mich. 1.02 9,611 9,387 1.13
112 BankUnited, Inc. Miami Lakes Fla. 1.01 67,150 66,741 0.75
113 The First Bancshares, Inc. Hattiesburg Miss. 1.00 16,829 16,799 1.09
114 QCR Holdings, Inc. Moline Ill. 1.00 23,624 23,627 1.55
115 Pinnacle Bancorp, Inc. Elkhorn Neb. 1.00 51,573 51,619 1.16
116 Education Loan Finance, Inc. Farragut Tenn. 1.00 8,300 8,311 0.78
117 Southern Missouri Bancorp, Inc. Poplar Bluff Mo. 1.00 9,352 9,373 1.21
118 Farmers & Merchants Bancorp Lodi Calif. 0.99 17,058 17,189 1.21
119 Regions Financial Corporation Birmingham Ala. 0.99 548,000 553,000 1.35
120 Ameris Bancorp Atlanta Ga. 0.97 81,698 84,281 1.40
121 The Goldman Sachs Group, Inc. New York N.Y. 0.96 3,939,000 4,083,000 1.03
122 Hawthorn Bancshares, Inc. Jefferson City Mo. 0.96 6,609 6,885 1.49
123 First United Corporation Oakland Md. 0.96 5,715 5,968 1.31
124 Republic Bancorp, Inc. Louisville Ky. 0.96 27,927 29,229 1.74
125 Midland States Bancorp, Inc. Effingham Ill. 0.95 20,749 21,870 1.14
126 Park National Corporation Newark Ohio 0.95 38,875 41,020 1.58
127 Great Southern Bancorp, Inc. Springfield Mo. 0.94 16,987 17,983 1.27
128 Frandsen Financial Corporation Arden Hills Minn. 0.94 11,381 12,057 1.47
129 Central Bancompany, Inc. Jefferson City Mo. 0.94 57,791 61,250 1.14
130 Citizens Bancorp Investment, Inc. Lafayette Tenn. 0.94 4,414 4,703 1.18
131 Independent Bankers Financial Corporation Farmers Branch Tex. 0.94 9,966 10,623 0.94
132 CrossFirst Bankshares, Inc. Leawood Kan. 0.94 16,828 17,941 1.21
133 Guaranty Bancshares, Inc. Addison Tex. 0.93 10,738 11,532 1.37
134 Heritage Commerce Corp San Jose Calif. 0.93 12,866 13,821 0.95
135 Heritage Financial Corporation Olympia Wash. 0.93 19,757 21,252 1.06
136 Central Pacific Financial Corp. Honolulu Hawaii 0.93 19,438 20,942 1.06
137 First State Bancshares, Inc. Farmington Mo. 0.92 13,104 14,180 1.36
138 Simmons First National Corporation Pine Bluff Ark. 0.92 65,095 70,442 1.05
139 Kearny Financial Corp. Fairfield N.J. 0.92 17,693 19,167 0.98
140 Ida Grove Bancshares, Inc. Ida Grove Iowa 0.92 6,082 6,613 1.15
141 Brookline Bancorp, Inc. Boston Mass. 0.92 24,705 26,885 1.15
142 Chemung Financial Corporation Elmira N.Y. 0.91 6,867 7,533 1.11
143 Columbia Banking System, Inc. Tacoma Wash. 0.91 57,522 63,214 1.09
144 The Charles Schwab Corporation Westlake Tex. 0.91 1,402,000 1,544,000 0.84
145 Bank of Marin Bancorp Novato Calif. 0.91 10,465 11,548 0.96
146 Independent Bank Corporation Grand Rapids Mich. 0.91 17,967 19,838 1.51
147 Financial Institutions, Inc. Warsaw N.Y. 0.90 14,983 16,616 1.07
148 CNB Financial Corporation Clearfield Pa. 0.90 15,245 16,988 1.15
149 Live Oak Bancshares, Inc. Wilmington N.C. 0.90 34,509 38,535 1.64
150 First Commonwealth Financial Corporation Indiana Pa. 0.90 27,726 30,978 1.16
151 Bank of Hawaii Corporation Honolulu Hawaii 0.89 54,834 61,370 0.96
152 Longview Financial Corporation Longview Tex. 0.89 10,781 12,147 1.10
153 WesBanco, Inc. Wheeling W.Va. 0.89 44,124 49,805 1.04
154 SVB Financial Group Santa Clara Calif. 0.88 515,000 584,000 0.95
155 HBT Financial, Inc. Bloomington Ill. 0.88 13,604 15,491 1.25
156 Glacier Bancorp, Inc. Kalispell Mont. 0.87 67,795 77,807 1.04
157 QNB Corp. Quakertown Pa. 0.87 3,710 4,266 0.89
158 Commerce Bancshares, Inc. Kansas City Mo. 0.87 118,154 135,953 1.31
159 Southern First Bancshares, Inc. Greenville S.C. 0.86 7,970 9,261 1.08
160 NBT Bancorp Inc. Norwich N.Y. 0.86 39,126 45,508 1.30
161 Mid Penn Bancorp, Inc. Harrisburg Pa. 0.86 11,354 13,244 0.97
162 Ambank Company, Inc. Sioux Center Iowa 0.86 5,197 6,071 1.30
163 Peoples Bancorp Inc. Marietta Ohio 0.85 23,577 27,723 1.33
164 OceanFirst Financial Corp. Red Bank N.J. 0.85 25,759 30,379 0.87
165 Hawaiian Electric Industries, Inc. Honolulu Hawaii 0.83 69,167 83,251 1.74
166 Banner Corporation Walla Walla Wash. 0.83 43,963 53,256 1.04
167 Valley View Bancshares, Inc. Overland Park Kan. 0.82 7,840 9,512 0.86
168 Allegiance Bancshares, Inc. Houston Tex. 0.82 18,657 22,637 1.03
169 BancFirst Corporation Oklahoma City Okla. 0.82 35,915 43,932 1.20
170 Stearns Financial Services, Inc. Saint Cloud Minn. 0.82 11,907 14,578 1.98
171 The PNC Financial Services Group, Inc. Pittsburgh Pa. 0.82 1,408,060 1,727,008 1.02
172 First Community Bankshares, Inc. Bluefield Va. 0.82 9,515 11,671 1.18
173 UMB Financial Corporation Kansas City Mo. 0.81 105,963 130,634 1.08
174 Wilson Bank Holding Company Lebanon Tenn. 0.81 11,373 14,074 1.13
175 Umpqua Holdings Corporation Portland Ore. 0.81 91,157 112,818 1.19
176 Amalgamated Financial Corp. New York N.Y. 0.80 14,165 17,643 0.76
177 Bremer Financial Corporation Saint Paul Minn. 0.80 43,192 53,815 1.06
178 Tompkins Financial Corporation Ithaca N.Y. 0.80 23,273 29,069 1.17
179 BOU Bancorp, Inc. Ogden Utah 0.80 7,928 9,939 1.45
180 Origin Bancorp, Inc. Ruston La. 0.80 20,683 25,936 1.03
181 Huntington Bancshares Incorporated Columbus Ohio 0.79 460,034 578,728 1.03
182 Carter Bankshares, Inc. Martinsville Va. 0.79 9,323 11,757 0.90
183 Green Dot Corporation Austin Tex. 0.79 38,624 48,727 3.29
184 United Community Bancorp, Inc. Chatham Ill. 0.78 7,025 8,965 0.81
185 Washington Trust Bancorp, Inc. Westerly R.I. 0.78 16,483 21,069 1.12
186 JPMorgan Chase & Co. New York N.Y. 0.78 8,282,000 10,658,000 0.85
187 Byline Bancorp, Inc. Chicago Ill. 0.78 22,311 28,742 1.32
188 Bank of America Corporation Charlotte N.C. 0.77 7,067,000 9,147,000 0.88
189 Forbright, Inc. Chevy Chase Md. 0.77 16,571 21,538 1.37
190 Flushing Financial Corporation Uniondale N.Y. 0.77 18,219 23,763 0.90
191 Chesapeake Financial Shares, Inc. Kilmarnock Va. 0.76 4,273 5,586 1.24
192 Community Bank System, Inc. Dewitt N.Y. 0.76 46,998 61,648 1.19
193 Fulton Financial Corporation Lancaster Pa. 0.76 64,289 84,464 1.01
194 Cambridge Bancorp Cambridge Mass. 0.76 13,316 17,504 1.07
195 MB Mutual Holding Company Manasquan N.J. 0.75 4,991 6,613 0.74
196 Bar Harbor Bankshares Bar Harbor Maine 0.75 9,112 12,147 0.98
197 South Central Bancshares of Kentucky, Inc. Glasgow Ky. 0.75 4,066 5,430 1.02
198 215 Holding Co. Minneapolis Minn. 0.75 2,571 3,441 1.02
199 Atlantic Union Bankshares Corporation Richmond Va. 0.75 43,690 58,559 0.88
200 BTC Financial Corporation Des Moines Iowa 0.74 13,086 17,569 0.88

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 Jul. 15, 2022.

© 2022 American Banker

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

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