Fow24news.com ranking of the 100 largest banks was born out of the financial crisis of the late 2000s when credit quality was cratering. Nearly 300 banks went under between 2009 and 2010. The FDIC's Problem Bank List reached 884 in 2010, but was only 132 as of September. Banks are healthier than they have been in a decade, but there is still a wide variance in the financial condition of the largest financial institutions.
This is the eighth straight year Fow24news.com has ranked the biggest banks which range from $2.5 trillion JPMorgan Chase to Berkshire Hills Bancorp with just under $8 billion in assets. The data comes courtesy of S&P Global Market Intelligence, but the rankings are done solely by Fow24new.com. Los Angeles-based PacWest Bancorp, a holding company for Pacific Western Bank, is the top-ranked bank in 2017.
We ranked the banks based on 10 metrics related to growth, profitability, capital adequacy and asset quality. Metrics include return on average tangible equity, return on average assets, net interest margin, efficiency ratio and net charge-offs as a percent of total loans. We also factored in nonperforming assets as a percent of assets, risk-based capital ratio and reserves as a percent of nonperforming assets (we previously compared reserves to nonperforming loans).
We tweaked two of the metrics this year with 12-month operating revenue growth replacing total revenue growth, which includes gains on sale of securities and can be volatile, according to S&P Global Market Intelligence analyst Robert Clark. CET1 ratio replaces the Tier 1 common capital ratio under the U.S. Basel III revised regulatory capital rules. All data is based on regulatory filings for the period ending Sept. 30. Each of the 10 metrics are weighted equally in the final rankings.
| Rank | Company | Total assets ($bil) |
ROATCE | NPAs/ assets |
CET1 ratio |
Efficiency ratio |
LTM revenue growth |
| 1 | PacWest Bancorp | 21 | 16.0% | 1.2% | 12.8% | 41% | 24% |
| 2 | CVB Financial | 8 | 11.9 | 0.5 | 16.6 | 45 | 2 |
| 3 | Community Bank System | 9 | 14.3 | 0.3 | 15.7 | 62 | 15 |
| 4 | Western Alliance Bancorp | 17 | 18.3 | 0.8 | 9.8 | 44 | 40 |
| 5 | Glacier Bancorp | 9 | 12.8 | 1.3 | 13.9 | 56 | 9 |
| 6 | First Republic Bank | 68 | 14.2 | 0.1 | 10.5 | 56 | 19 |
| 7 | Bank of Hawaii | 16 | 16.4 | 0.4 | 13.4 | 58 | 7 |
| 8 | Home BancShares | 10 | 20.3 | 0.8 | 11.0 | 39 | 22 |
| 9 | Prosperity Bancshares | 21 | 18.1 | 0.3 | 14.4 | 41 | -3 |
| 10 | FCB Financial Holdings | 9 | 12.6 | 0.5 | 11.8 | 46 | 65 |
| 11 | Bank of the Ozarks | 18 | 16.8 | 0.6 | 10.2 | 36 | 35 |
| 12 | First Hawaiian | 20 | 15.5 | 0.3 | 12.3 | 47 | 3 |
| 13 | South State | 9 | 15.5 | 0.5 | 11.5 | 62 | 4 |
| 14 | Capital One Financial | 345 | 14.2 | 0.9 | 10.6 | 51 | 9 |
| 15 | East West Bancorp | 33 | 15.4 | 0.6 | 10.9 | 51 | 7 |
| 16 | First National of Nebraska | 19 | 14.0 | 1.0 | 11.4 | 58 | 14 |
| 17 | Central Banco. | 12 | 10.4 | 0.8 | 15.4 | 59 | 8 |
| 18 | Cullen/Frost Bankers | 30 | 12.7 | 0.3 | 12.4 | 57 | 3 |
| 19 | Cathay General Bancorp | 14 | 12.3 | 1.1 | 12.6 | 51 | 8 |
| 20 | LegacyTexas Financial | 8 | 13.9 | 0.7 | 8.9 | 48 | 28 |
| 21 | Investors Bancorp | 23 | 5.7 | 0.5 | 17.0 | 54 | 5 |
| 22 | Signature Bank | 38 | 11.9 | 0.6 | 12.0 | 32 | 21 |
| 23 | Hope Bancorp | 14 | 10.6 | 0.9 | 12.0 | 52 | 16 |
| 24 | Pinnacle Financial Partners | 11 | 15.4 | 0.4 | 7.6 | 52 | 46 |
| 25 | Renasant | 9 | 15.8 | 0.8 | 10.2 | 65 | 37 |
| 26 | WesBanco | 10 | 13.2 | 0.5 | 11.1 | 59 | 8 |
| 27 | First Financial Bancorp | 8 | 13.9 | 0.7 | 10.2 | 59 | 7 |
| 28 | Umpqua Holdings | 25 | 11.4 | 0.3 | 11.3 | 64 | 0 |
| 29 | Banner | 10 | 7.5 | 0.5 | 11.6 | 74 | 79 |
| 30 | Columbia Banking System | 10 | 12.3 | 0.4 | 11.4 | 60 | 2 |
| 31 | Washington Federal | 15 | 9.9 | 1.2 | 17.5 | 48 | 3 |
| 32 | Commerce Bancshares | 25 | 12.4 | 0.4 | 11.7 | 61 | 5 |
| 33 | First Interstate BancSystem | 9 | 13.1 | 1.1 | 12.3 | 59 | 3 |
| 34 | Hilltop Holdings | 12 | 9.5 | 0.3 | 17.8 | 84 | 5 |
| 35 | Customers Bancorp | 10 | 14.9 | 0.3 | 7.1 | 55 | 37 |
| 36 | Sterling Bancorp | 14 | 14.9 | 0.8 | 9.9 | 50 | 37 |
| 37 | State Street | 256 | 20.0 | 0.0 | 12.3 | 73 | -3 |
| 38 | Simmons First National | 8 | 14.0 | 1.5 | 13.8 | 63 | 12 |
| 39 | PrivateBancorp | 19 | 12.1 | 0.9 | 9.7 | 50 | 13 |
| 40 | SVB Financial Group | 43 | 11.0 | 0.3 | 12.8 | 53 | 5 |
| 41 | BankUnited | 27 | 9.9 | 0.7 | 11.6 | 59 | 16 |
| 42 | BB&T | 223 | 15.3 | 0.8 | 10.1 | 61 | 12 |
| 43 | M&T Bank | 127 | 12.7 | 0.9 | 10.8 | 58 | 14 |
| 44 | Heartland Financial USA | 8 | 15.9 | 0.8 | 9.0 | 68 | 19 |
| 45 | Provident Financial Svcs | 9 | 11.3 | 0.8 | 11.8 | 57 | 4 |
| 46 | International Bancshares | 12 | 9.4 | 0.8 | 16.8 | 54 | -2 |
| 47 | MB Financial | 19 | 14.0 | 0.6 | 8.7 | 67 | 9 |
| 48 | Capitol Federal Financial | 9 | 6.0 | 0.5 | 32.0 | 44 | 2 |
| 49 | Great Western Bancorp | 12 | 15.0 | 1.5 | 10.2 | 50 | NA |
| 50 | Banc of California | 11 | 20.6 | 0.9 | 8.9 | 76 | 26 |
| 51 | Flagstar Bancorp | 14 | 13.7 | 1.0 | 12.0 | 69 | 7 |
| 52 | United Bankshares | 14 | 13.8 | 0.9 | 10.1 | 46 | 4 |
| 53 | Union Bankshares | 8 | 11.8 | 0.4 | 9.8 | 63 | 5 |
| 54 | Fifth Third Bancorp | 143 | 14.6 | 1.4 | 10.2 | 57 | 12 |
| 55 | Northern Trust | 120 | 12.8 | 0.2 | 11.2 | 70 | 4 |
| 56 | BancorpSouth | 15 | 8.7 | 0.6 | 12.1 | 74 | 3 |
| 57 | JPMorgan Chase | 2,521 | 13.4 | 0.7 | 12.0 | 59 | 2 |
| 58 | U.S. Bancorp | 454 | 19.3 | 1.0 | 9.5 | 55 | 4 |
| 59 | Old National Bancorp | 15 | 14.6 | 1.1 | 11.8 | 65 | 4 |
| 60 | United Community Banks | 10 | 10.7 | 0.9 | 11.0 | 62 | 29 |
| 61 | Berkshire Hills Bancorp | 8 | 11.7 | 0.4 | 9.5 | 63 | 15 |
| 62 | F.N.B. | 22 | 13.2 | 0.7 | 9.1 | 61 | 19 |
| 63 | Wells Fargo | 1,942 | 16.2 | 1.3 | 10.9 | 58 | 2 |
| 64 | NBT Bancorp | 9 | 13.3 | 0.6 | 9.8 | 62 | 4 |
| 65 | First Midwest Bancorp | 12 | 10.7 | 0.7 | 9.4 | 65 | 11 |
| 66 | Chemical Financial | 17 | 11.1 | 0.7 | 10.5 | 66 | 24 |
| 67 | Bank of New York Mellon | 374 | 24.4 | 0.1 | 10.5 | 68 | 0 |
| 68 | Wintrust Financial | 25 | 11.1 | 0.6 | 8.7 | 66 | 12 |
| 69 | UMB Financial | 20 | 9.2 | 0.5 | 11.8 | 74 | 11 |
| 70 | Trustmark | 13 | 10.1 | 0.9 | 12.4 | 69 | 0 |
| 71 | Popular | 39 | 8.2 | 4.2 | 16.6 | 63 | 0 |
| 72 | Citigroup | 1,818 | 8.3 | 0.8 | 14.3 | 60 | -6 |
| 73 | PNC Financial Services | 369 | 12.3 | 1.0 | 10.6 | 61 | -1 |
| 74 | First Citizens BancShares | 33 | 8.2 | 0.8 | 12.5 | 74 | 0 |
| 75 | Northwest Bancshares | 10 | 4.9 | 1.2 | 12.1 | 79 | 17 |
| 76 | IBERIABANK | 21 | 11.2 | 1.8 | 10.1 | 61 | 15 |
| 77 | Zions Bancorp. | 61 | 7.6 | 1.2 | 12.0 | 67 | 5 |
| 78 | TFS Financial | 13 | 4.8 | 1.5 | 19.7 | 60 | 2 |
| 79 | Fulton Financial | 19 | 10.2 | 1.0 | 10.4 | 67 | 4 |
| 80 | TCF Financial | 21 | 11.6 | 1.7 | 10.4 | 69 | 5 |
| 81 | Webster Financial | 26 | 11.7 | 1.1 | 10.5 | 62 | 8 |
| 82 | BOK Financial | 33 | 8.5 | 0.9 | 12.0 | 68 | 5 |
| 83 | Texas Capital Bancshares | 22 | 9.6 | 0.9 | 7.6 | 55 | 12 |
| 84 | First BanCorp. | 12 | 5.3 | 9.2 | 17.6 | 61 | -5 |
| 85 | Regions Financial | 125 | 10.6 | 1.7 | 11.2 | 64 | 7 |
| 86 | People's United Financial | 41 | 10.8 | 0.8 | 9.7 | 64 | 4 |
| 87 | Citizens Financial Group | 147 | 7.7 | 1.2 | 11.3 | 65 | 8 |
| 88 | New York Comm. Bancorp | 49 | -0.6 | 0.1 | 10.3 | 113 | -48 |
| 89 | Synovus Financial | 30 | 8.4 | 1.2 | 10.0 | 65 | 6 |
| 90 | Astoria Financial | 15 | 5.4 | 1.6 | 17.6 | 73 | -3 |
| 91 | Huntington Bancshares | 101 | 11.5 | 1.3 | 9.1 | 68 | 10 |
| 92 | KeyCorp | 136 | 8.3 | 0.8 | 9.6 | 71 | 8 |
| 93 | SunTrust Banks | 205 | 11.6 | 1.7 | 9.8 | 63 | 5 |
| 94 | Valley National Bancorp | 22 | 9.4 | 0.9 | 8.7 | 73 | 13 |
| 95 | Comerica | 74 | 6.2 | 1.1 | 10.7 | 69 | 6 |
| 96 | First Horizon National | 28 | 10.9 | 1.5 | 9.8 | 73 | 9 |
| 97 | Bank of America | 2,199 | 9.9 | 0.9 | 11.0 | 67 | -1 |
| 98 | EverBank Financial | 29 | 8.3 | 0.8 | 9.7 | 71 | 0 |
| 99 | Hancock Holding | 23 | 7.4 | 1.4 | 10.1 | 65 | 4 |
| 100 | Associated Banc-Corp | 29 | 10.1 | 1.3 | 9.3 | 67 | 4 |
Source: S&P Global Market Intelligence.
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