May 11, 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%.
FFD Financial Corporation (Tii:FFDF) - FFD took the top spot in Ohio and ranked #12 nationally with a 3-year average ROAE of 15.77%.
Minster Financial Corp. (Tii:MTFC) - Minster was next on the list among Ohio community banks and ranked #21 nationally with a 14.35% ROAE.
Home Loan Financial Corporation (Tii:HLFN) - Home Loan rounded out the top three in Ohio and ranked #46 nationally with a 3-year average ROAE of 12.54%.
F&M Bancorp (Tii:FMOO) - F&M ranked #50 nationally with a 3-year average ROAE of 12.32%.
Heartland BancCorp (Tii:HLAN) - Heartland ranked #58 nationally with a 3-year average ROAE of 12.05%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.
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