Top-5 Public Community Banks in Louisiana
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%.
Red River Bancshares, Inc. (Tii:RRBI) - Red River took the top spot in Louisiana and ranked #109 nationally with a 3-year average ROAE of 10.59%.
Century Next Financial Corporation (Tii:CTUY) - Century was next on the list among Louisiana community banks and ranked #127 nationally with a 10.30% ROAE.
JD BANCSHARES INC. (Tii:JDVB) - JD rounded out the top three in Louisiana and ranked #130 nationally with a 3-year average ROAE of 10.24%.
Citizens National Bancshares of Bossier, Inc. (Tii:CNBL) - Citizens National ranked #220 nationally with a 3-year average ROAE of 9.01%.
MBT Bancshares, Inc. (Tii:MBKL) - MBT ranked #256 nationally with a 3-year average ROAE of 8.60%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.