May 22, 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%.
High Country Bancorp, Inc. (Tii:HCBC) - State Bank took the top spot in Colorado and ranked #34 nationally with a 3-year average ROAE of 12.96%.
Denver Bankshares, Inc. (Tii:DNVB) - Metro Phoenix was next on the list among Colorado community banks and ranked #188 nationally with a 9.49% ROAE.
Solera National Bancorp, Inc. (Tii:SLRK) - Republic Bank rounded out the top three in Colorado and ranked #364 nationally with a 3-year average ROAE of 6.32%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.