RankingBanking Web Pageturn - Flipbook - Page 5
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ket Intelligence provided the data, which was analyzed by Piper Sandler & Co. Each of the five metrics were ranked; the
scores were then summed up to determine a final score. The
lower the score, the better the rank.
Several of the industry’s more conservative stalwarts top
BEST TOTAL SHAREHOLDER RETURN
59.6%
GREENE COUNTY BANCORP
this year’s ranking.
West Virginia’s City Holding Co., with $5.9 billion in assets
at the end of 2022, ranked third of all banks in this year’s
study and has rated highly for several years running. Director
COMPARED TO RANKINGBANKING MEDIAN
-5.9%
of Research Laura Alix, in a profile that begins on pg. 22 of
MEDIAN TSR
this report, ties the bank’s success to its focus on retail customers, persevering in spite of slow growth markets.
Further south, ServisFirst Bancshares, based in Birmingham, Alabama, has thrived by operating a branch-light model
serving commercial customers in the booming Southeast.You’ll
HIGHEST TANGIBLE COMMON EQUITY RATIO
Naomi Snyder, on pg. 12. With $14.6 billion in assets at the
19.24%
end of 2022, ServisFirst ranked No. 17 of all the banks in the
BLUE FOUNDRY BANCORP
find the bank’s story, penned by Bank Director Editor-in-Chief
study. Over the past several years, it’s outperformed many of
its peers in the $5 billion to $50 billion asset class.
Some banks outshined others due to their inherent flexibility and strength.
Los Angeles-based Preferred Bank and Wilmington, Delaware-based The Bancorp leveraged strong balance sheet man-
COMPARED TO RANKINGBANKING MEDIAN
7.62%
MEDIAN TCE RATIO
agement practices to weather the changing interest rate environment. They came in at No. 10 and No. 16 overall this year,
respectively. Preferred Bank tightened up on underwriting, as
Chairman and CEO Li Yu explains to Kiah Lau Haslett, Bank
Director’s banking & fintech editor. “If you lose a loan, that’s
fine because we choose not to compete,” he tells her. You’ll
find out more about both banks on pg. 28.
Recent turmoil in the industry wreaked havoc on bank
stocks. This year’s RankingBanking study finds total shareholder return muted in 2022, with a median -5.9% for all
BEST RETURN ON AVERAGE EQUITY
AND AVERAGE ASSETS
28.82% 4.74%
(ROAE)
(ROAA)
LENDINGCLUB CORP.
banks in the ranking and 6.5% for the 25 best banks. Bank
stocks suffered even more in 2023, plummeting after the bank
failures in March. The KBW Nasdaq Regional Banking Index
was down 9% year-to-date through July 26.
“Stock price movement was a bit more reflective and
COMPARED TO RANKINGBANKING MEDIAN
12.34% 1.20%
(ROAE)
(ROAA)