Top-5 Public Community Banks in California
In the Spotlight
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%.
Plumas Bancorp (Tii:PLBC) - Plumas took the top spot in California and ranked #5 nationally with a 3-year average ROAE of 19.63%.
Mission Bancorp (Tii:MSBC) - Mission was next on the list among California community banks and ranked #7 nationally with a 17.22% ROAE.
Communities First Financial Corporation (Tii:CFST) - Communities First rounded out the top three in California and ranked #11 nationally with a 3-year average ROAE of 15.88%.
Santa Cruz County Bank (Tii:SCZC) - Santa Cruz ranked #13 nationally with a 3-year average ROAE of 15.08%.
Cornerstone Community Bancorp (Tii:CRSB) - Cornerstone ranked #41 nationally with a 3-year average ROAE of 12.64%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.