Top-5 Public Community Banks in Indiana
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%.
First Farmers Financial Corporation (Tii:FFMR) - First Farmers took the top spot in Indiana and ranked #10 nationally with a 3-year average ROAE of 15.92%.
FS Bancorp (Tii:FXLG) - FS was next on the list among Indiana community banks and ranked #24 nationally with a 14.07% ROAE.
First Savings Financial Group (Tii:FSFG) - First Savings rounded out the top three in Indiana and ranked #32 nationally with a 3-year average ROAE of 13.04%.
Crystal Valley Financial Corporation (Tii:CYVF) - Crystal Valley ranked #39 nationally with a 3-year average ROAE of 12.78%.
Farmers Bancorp (Tii:FABP) - Farmers ranked #55 nationally with a 3-year average ROAE of 12.13%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.