Top-3 Public Community Banks in Iowa | TiiCKER

Top-3 Public Community Banks in Iowa

In the Spotlight

Chris Tromp May 27, 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%.

Ames National Corporation (Tii:ATLO) - Ames took the top spot in Iowa and ranked #200 nationally with a 3-year average ROAE of 9.20%.

Two Rivers Financial Group, Inc. (Tii:TRVR) - Two Rivers was next on the list among Iowa community banks and ranked #269 nationally with a 8.41% ROAE.

Farmers & Merchants Bancshares, Inc. (Tii:FMBN) - Farmers rounded out the top three in Iowa and ranked #482 nationally with a 3-year average ROAE of 1.31%.

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

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