Top-3 Public Community Banks in Arizona | TiiCKER

Top-3 Public Community Banks in Arizona

In the Spotlight

Chris Tromp June 1, 2020

American Banker magazine recently unveiled their list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets as of December 31, 2019. Nationally, 511 institutions fit the category for the list this year.

The ranking is based on three-year return on average equity (ROAE), a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders’ equity. The ROAE for the 511 institutions was 8.60%.

State Bank Corp. (Tii:SBAZ) - State Bank took the top spot in Arizona and ranked #54 nationally with a 3-year average ROAE of 12.15%.

Metro Phoenix Bank (Tii:MPHX) - Metro Phoenix was next on the list among Arizona community banks and ranked #138 nationally with a 10.10% ROAE.

Republic Bank of Arizona (Tii:RBAZ) - Republic Bank rounded out the top three in Arizona and ranked #411 nationally with a 3-year average ROAE of 5.04%.

Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.

      Spotlight Brands

      Spotlight Brands