America`s Best Banks 2016

JANUARY 7 • 2016 ONLINE EDITION
America’s Best Banks 2016
BY KURT BADENHAUSEN
FORBES STAFF
Forbes ranked the 100 largest publicly traded banks and thrifts on 10 metrics this year regarding asset quality, capital
adequacy, growth and profitability, return on average tangible common equity; net charge-offs as a percent of total loans and
efficiency ratio, net interest margin; nonperforming assets as a percent of assets; reserves as a percent of NPLs, two capital
ratios (Tier 1 and risk-based) and revenue growth over the last 12 months. The raw data comes courtesy of Charlottesville,
Va., data firm SNL Financial, but the rankings are done solely by Forbes. All data is based on regulatory filings for the period
ending Sept. 30. Each of the 10 metrics are weighted equally in the final rankings.
Rank Company
Total
assets
(bil)
Return on
avg. total
common
equity
NPLs/
total
assets
Tier 1
ratio
Efficiency
ratio
Latest
12-mos
revenue
growth
Rank Company
Total
assets
(bil)
Return on
avg. total
common
equity
NPLs/
total
assets
Tier 1
ratio
Efficiency
ratio
Latest
12-mos
revenue
growth
$9
17.7%
0.88%
11.6%
39%
42%
1
CVB Financial
$8
11.9% 0.40%
17.4%
47%
9%
21 Bank of the Ozarks
2
PacWest Bancorp
$17
17.0%
12.7%
40%
48%
22 Capital One Financial
$314
15.6%
1.01%
13.4%
54%
4%
$18
13.2%
0.55%
12.1%
62%
7%
17.9% 0.00% 14.7%
76%
3%
0.72%
3
Prosperity Bancshares
$22
22.0% 0.22%
13.4%
40%
3%
First National of
23
Nebraska
4
Glacier Bancorp
$9
12.9% 0.97% 16.6%
55%
6%
24 State Street
5
Hilltop Holdings
$12
18.7% 0.48% 18.9%
79%
40%
Financial
25 Pinnacle
Partners
$9
15.1%
0.47%
9.7%
52%
23%
6
Signature Bank
$32
13.5%
0.21%
11.6%
35%
20%
26 Popular
$36
20.5% 3.62%
16.2%
65%
16%
7
First Republic Bank
$55
13.1%
0.10%
13.2%
54%
10%
27 PrivateBancorp
$17
12.0% 0.34% 10.4%
53%
12%
8
Community Bank
System
$8
15.8% 0.34% 18.3%
60%
-3%
28 BBCN Bancorp
$8
11.8%
49%
1%
9
Bank of Hawaii
$15
15.3%
0.25%
14.1%
60%
4%
York Comm.
29 New
Bancorp
$49
14.7% 0.23%
11.0%
45%
3%
Alliance
10 Western
Bancorp
$14
17.4%
0.79%
10.1%
48%
21%
30 Central Bancompany
$12
9.6%
0.67% 14.9%
62%
4%
11
$28
14.4% 0.23% 12.6%
57%
8%
Interstate
31 First
BancSystem
$9
12.7% 0.89% 13.8%
64%
10%
General
12 Cathay
Bancorp
$13
11.9%
0.78% 14.0%
48%
5%
32 South State
$9
15.8% 0.86% 12.7%
63%
6%
13 East West Bancorp
$31
16.2% 0.56% 10.9%
49%
13%
33 WesBanco
$8
13.8%
13.7%
61%
14%
14 BankUnited
$23
11.9% 0.44% 13.5%
59%
8%
34 First BanCorp
$13
22.0% 5.37% 16.6%
62%
4%
15 Home BancShares
$9
19.3% 0.75% 11.7%
41%
14%
35 Flagstar Bancorp
$13
11.8%
73%
17%
16 Washington Federal
$15
9.8%
50%
10%
36 U.S. Bancorp
53%
2%
Cullen/Frost Bankers
0.87% 18.8%
$247
$416
0.95% 13.0%
0.61%
0.72% 20.3%
20.6% 0.50%
11.1%
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Penn
17 National
Bancshares
$10
12.8% 0.43% 13.3%
56%
6%
37 Commerce
Bancshares
$24
12.9%
0.19% 12.4%
61%
1%
18 Umpqua Holdings
$23
11.3%
0.33% 11.7%
66%
39%
38 Simmons First National
$8
12.3%
1.57%
15.8%
68%
60%
Banking
19 Columbia
System
$9
11.8%
0.39% 12.2%
63%
7%
39 BOK Financial
$31
10.2% 0.39% 12.8%
66%
5%
20 Investors Bancorp
$20
5.4%
0.67% 21.2%
50%
12%
40 BancorpSouth
$14
10.5% 0.62% 12.3%
72%
4%
If data is not reported at the holding company level, the unitary banking subsidiaries data was used. Data based on regulatory filings of public banks and thrifts, for the period ended Sept. 30, 2015
NPLs = Loans 90 days or more past due + Nonaccrual Loans + OREO, excluding the guaranteed portion of those loans and OREO under FDIC loss-share plans.
Source: SNL Financial
FORBES
AMERICA’S BEST BANKS 2016
Total
assets
(bil)
Return on
avg. total
common
equity
NPLs/
total
assets
Tier 1
ratio
Efficiency
ratio
Latest
12-mos
revenue
growth
Financial
41 Provident
Svcs
$9
11.6%
0.55%
11.7%
56%
11%
71 Chemical Financial
$9
42 Park National
$7
13.4%
1.54%
13.0%
62%
3%
72 Zions Bancorporation
15.0% 0.50%
11.7%
62%
3%
of New York
73 Bank
Mellon
Rank Company
43 BB&T
$209
Rank Company
Efficiency
ratio
Latest
12-mos
revenue
growth
12.4% 0.92% 10.5%
63%
26%
$58
5.5%
72%
3%
$377
20.5% 0.04%
11.9%
75%
-3%
Total
assets
(bil)
Return on
avg. total
common
equity
NPLs/
total
assets
Tier 1
ratio
0.68% 14.4%
44 MB Financial
$15
13.1%
1.17%
11.9%
67%
63%
74 Citigroup
$1,808
8.4%
0.46% 14.2%
62%
-3%
Community
45 United
Banks
$9
9.4%
0.25%
11.4%
61%
11%
75 Trustmark
$12
11.7%
1.42%
13.7%
68%
-2%
Federal
46 Capitol
Financial
$10
5.4%
0.31% 33.4%
45%
2%
76 First Midwest Bancorp
$10
10.6% 0.69% 10.6%
67%
13%
Western
47 Great
Bancorp
$10
14.1%
0.77% 10.9%
46%
5%
77 Wintrust Financial
$22
10.5%
10.3%
67%
13%
48 F.N.B.
$17
15.5% 0.70% 10.6%
57%
8%
78 KeyCorp
$95
10.6% 0.53% 10.9%
66%
4%
49 United Bankshares
$13
14.8%
12.0%
49%
10%
79 IBERIABANK
$20
9.7%
0.73% 10.7%
71%
26%
50 International
Bancshares
$12
10.6% 0.99% 18.0%
52%
-2%
80 Comerica
Incorporated
$71
8.2%
0.53% 10.5%
66%
6%
51 SVB Financial Group
$42
10.7% 0.28%
13.1%
51%
3%
National
81 Valley
Bancorp
$20
10.3% 0.54%
9.9%
70%
12%
17.6% 0.96% 12.4%
57%
3%
82 Northwest
Bancshares
$9
7.0%
0.93% 15.9%
71%
0%
Wells Fargo &
52
Company
$1,751
1.16%
53 Union Bankshares
$8
10.6%
12.2%
64%
10%
83 FirstMerit
$25
12.3%
0.91% 10.7%
61%
-4%
54 M&T Bank
$98
14.2% 0.97% 11.9%
58%
3%
84 TFS Financial
$12
4.8%
1.01% 22.0%
60%
0%
Financial
55 First
Bancorp
$8
11.7%
0.71% 10.5%
62%
12%
85 UMB Financial
$19
8.2%
0.31% 12.5%
78%
-1%
56 Banc of California
$7
15.4% 0.86% 12.1%
78%
46%
86 Associated Banc-Corp
$27
10.8% 0.59% 10.0%
68%
3%
57 Old National Bancorp
$12
14.2%
12.5%
70%
10%
87 Sterling Bancorp
$12
8.1%
0.69% 10.9%
71%
27%
58 Renasant
$8
15.1%
0.95% 11.5%
66%
13%
88 Astoria Financial
$15
7.2%
1.00% 17.4%
72%
-2%
$120
12.9%
0.17%
11.0%
68%
11%
Hills
89 Berkshire
Bancorp
$8
10.2% 0.39%
9.8%
73%
17%
Citizens
60 First
BancShares
$31
9.8%
0.69% 12.8%
74%
52%
90 Bank of America
$2,154 11.0% 0.58% 12.9%
69%
-6%
Financial
61 PNC
Services
$362
13.4% 0.85% 12.0%
61%
-1%
91 Synovus Financial
$28
0.78% 10.6%
65%
1%
62 JPMorgan Chase
$2,417 14.6% 0.47% 13.3%
63%
-2%
92 Fulton Financial
$18
10.0% 0.87% 10.3%
70%
-1%
59 Northern Trust
0.61%
0.71%
1.11%
7.7%
63 Capital Bank Financial
$7
6.2%
1.10%
15.6%
68%
-3%
93 Regions Financial
$125
9.2%
0.92% 11.7%
68%
0%
Capital
64 Texas
Bancshares
$19
11.2%
0.62%
9.1%
53%
17%
94 TCF Financial
$20
10.2%
1.31%
11.6%
71%
1%
65 Fifth Third Bancorp
$142
12.1%
0.47% 10.5%
61%
-1%
Financial
95 Citizens
Group
$136
6.5%
0.69% 12.0%
68%
-4%
66 Webster Financial
$24
12.6% 0.67% 11.6%
60%
8%
United
96 People’s
Financial
$37
10.5% 0.63%
9.9%
66%
1%
67 Huntington
Bancshares
$70
13.2% 0.63% 10.5%
65%
5%
97 Hancock Holding
$22
10.1%
0.97% 10.6%
68%
-1%
68 Customers Bancorp
$8
11.9% 0.47%
52%
34%
98 EverBank Financial
$25
8.2%
2.61%
72%
-3%
9.2%
11.7%
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NOT FOR DISTRIBUTION.
69 SunTrust Banks
70 NBT Bancorp
$187
$8
11.9%
0.33% 10.9%
66%
-2%
99 First Niagara Financial
$39
10.8% 0.73% 10.1%
69%
-2%
13.4% 0.60% 11.6%
61%
-3%
100 First Horizon National
$25
4.5%
87%
-4%
0.98% 12.1%
If data is not reported at the holding company level, the unitary banking subsidiaries data was used. Data based on regulatory filings of public banks and thrifts, for the period ended Sept. 30, 2015
NPLs = Loans 90 days or more past due + Nonaccrual Loans + OREO, excluding the guaranteed portion of those loans and OREO under FDIC loss-share plans.
Source: SNL Financial
(#88308) Excerpted and adapted with permission of Forbes Media LLC and Forbes.com. Copyright 2016. To subscribe, please visit Forbes.com or call (800) 888-9896.
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