American Banker’s John Reosti takes a deep dive into analysis by CPG’s Shama Patel and Trevor Fox on the top-performing publicly traded community banks
Banks with assets between $2 billion and $10 billion of assets were ranked based on their three-year average return on average equity. For the top 20 banks in this asset category, the average of this figure came in at 21.11%. That soundly beat all the banks in this asset class, which posted 11.61% for this metric.
These top 20 institutions also held more core deposits compared with their total deposit base, reported a higher median return on average assets and posted a stronger efficiency ratio compared with the entire peer group.
CPG conducts the rankings analysis using data provided by S&P Global Market Intelligence. Financial data is based on SEC filings. If SEC data was unavailable, regulatory financials were used. Data is for the 12 months ended Dec. 31, 2021, unless otherwise indicated. The banks were ranked on three-year return on average equity between 2020 and 2022; tiebreakers as follows: 2022 ROAE, 2021 ROAE, 2020 ROAE (in that order).
