May 14, 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%.
PSB Holdings, Inc. (Tii:PSBQ) - PSB took the top spot in Wisconsin and ranked #60 nationally with a 3-year average ROAE of 12.00%.
S.B.C.P. Bancorp, Inc. (Tii:SBBI) - S.B.C.P. was next on the list among Wisconsin community banks and ranked #98 nationally with a 10.94% ROAE.
Oconomowoc Bancshares, Inc. (Tii:OCNB) - Oconomowoc rounded out the top three in Wisconsin and ranked #119 nationally with a 3-year average ROAE of 10.39%.
Tri City Bankshares Corporation (Tii:TRCY) - Tri City ranked #133 nationally with a 3-year average ROAE of 10.18%.
Blackhawk Bancorp, Inc. (Tii:BHWB) - Blackhawk ranked #159 nationally with a 3-year average ROAE of 9.80%.
Full rankings, courtesy of American Banker and Capital Performance Group, can be found here.