U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

April 19, 2021, 12:53 p.m. EDT 1 Min Read

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Rank	Company	City	State	Multiple	Net income (loss)	Salary and benefits	Return on average assets
1	Beal Financial Corporation	Plano	Tex.	5.33	$57,693	$10,818	2.44
2	Southern BancShares (N.C.), Inc.	Mount Olive	N.C.	3.96	51,609	13,037	5.42
3	Pedcor Financial, LLC	Carmel	Ind.	3.90	15,562	3,986	4.40
4	Lauritzen Corporation	Omaha	Neb.	3.71	50,177	13,526	11.83
5	Merchants Bancorp	Carmel	Ind.	3.62	59,786	16,493	2.57
6	ServisFirst Bancshares, Inc.	Birmingham	Ala.	3.41	50,981	14,970	1.75
7	Cadence Bancorporation	Houston	Tex.	3.35	200,583	59,833	4.39
8	1867 Western Financial Corporation	Stockton	Calif.	3.03	29,782	9,825	2.98
9	United National Corporation	Sioux Falls	S.D.	2.83	193,877	68,526	19.22
10	New York Community Bancorp, Inc.	Westbury	N.Y.	2.61	189,664	72,576	1.38
11	John Deere Capital Corporation	Reno	Nev.	2.52	154,004	61,011	1.52
12	Western Alliance Bancorporation	Phoenix	Ariz.	2.33	193,636	83,128	2.24
13	Silver Queen Financial Services, Inc.	Greenwood Village	Colo.	2.28	4,836	2,119	0.81
14	Olney Bancshares of Texas, Inc.	Olney	Tex.	2.27	20,120	8,860	2.29
15	Cathay General Bancorp	Los Angeles	Calif.	2.25	70,893	31,545	1.51
16	Inwood Bancshares, Inc.	Dallas	Tex.	2.10	17,643	8,403	1.96
17	Amboy Bancorporation	Old Bridge	N.J.	2.08	13,196	6,335	2.01
18	Ally Financial Inc.	Detroit	Mich.	2.01	687,000	341,000	1.50
19	Lakeland Financial Corporation	Warsaw	Ind.	1.95	24,592	12,597	1.72
20	Westamerica Bancorporation	San Rafael	Calif.	1.94	23,838	12,291	1.45
21	Eagle Bancorp, Inc.	Bethesda	Md.	1.93	38,892	20,151	1.40
22	Home Bancshares, Inc.	Conway	Ark.	1.90	81,794	43,022	1.98
23	Marlin Business Services Corp.	Mount Laurel	N.J.	1.89	15,302	8,081	5.72
24	Bank7 Corp.	Oklahoma City	Okla.	1.86	4,739	2,554	1.93
25	Goldman Sachs Group, Inc.	New York	N.Y.	1.82	4,506,000	2,479,000	1.57
26	Synchrony Financial	Stamford	Conn.	1.81	738,000	408,000	3.08
27	Prosperity Bancshares, Inc.	Houston	Tex.	1.76	137,091	77,809	1.62
28	ConnectOne Bancorp, Inc.	Englewood Cliffs	N.J.	1.76	25,641	14,581	1.36
29	CVB Financial Corp.	Ontario	Calif.	1.69	50,056	29,535	1.44
30	Pedcor Capital, LLC	Carmel	Ind.	1.68	4,472	2,659	2.94
31	Customers Bancorp, Inc.	West Reading	Pa.	1.67	56,246	33,725	1.23
32	International Bancshares Corporation	Laredo	Tex.	1.63	48,229	29,670	1.41
33	PacWest Bancorp	Beverly Hills	Calif.	1.60	116,830	73,171	1.61
34	Sandy Spring Bancorp, Inc.	Olney	Md.	1.57	56,662	36,079	1.79
35	Discover Financial Services	Riverwoods	Ill.	1.56	798,907	510,988	2.74
36	East West Bancorp, Inc.	Pasadena	Calif.	1.55	164,084	105,707	1.25
37	Premier Financial Corp.	Defiance	Ohio	1.55	30,847	19,879	1.73
38	Southern Missouri Bancorp, Inc.	Poplar Bluff	Mo.	1.54	12,047	7,802	1.87
39	Industry Bancshares, Inc.	Industry	Tex.	1.52	14,555	9,601	1.20
40	First Security Bancorp	Searcy	Ark.	1.51	37,411	24,749	2.12
41	Southside Bancshares, Inc.	Tyler	Tex.	1.51	29,572	19,609	1.68
42	Amarillo National Bancorp, Inc.	Amarillo	Tex.	1.49	32,216	21,689	1.93
43	JPMorgan Chase & Co.	New York	N.Y.	1.46	12,136,000	8,288,000	1.43
44	NexBank Capital, Inc.	Dallas	Tex.	1.45	13,579	9,334	0.59
45	First Hawaiian, Inc.	Honolulu	Hawaii	1.45	61,739	42,687	1.10
46	Axos Financial, Inc.	Las Vegas	Nev.	1.44	54,785	38,086	1.57
47	Midland Financial Co.	Oklahoma City	Okla.	1.43	115,865	81,246	1.59
48	First Financial Bankshares, Inc.	Abilene	Tex.	1.42	58,474	41,114	2.24
49	BankUnited, Inc.	Miami Lakes	Fla.	1.41	85,737	60,825	0.97
50	Stearns Financial Services, Inc.	Saint Cloud	Minn.	1.41	17,663	12,540	3.01
51	City Holding Company	Charleston	W.Va.	1.39	22,221	16,012	1.60
52	Independent Bank Group, Inc.	McKinney	Tex.	1.38	58,274	42,199	1.35
53	Capital One Financial Corporation	McLean	Va.	1.38	2,566,930	1,862,209	2.46
54	RBB Bancorp	Los Angeles	Calif.	1.38	11,147	8,105	1.34
55	Capitol Federal Financial, Inc.	Topeka	Kan.	1.35	18,898	13,956	0.79
56	Ida Grove Bancshares, Inc.	Ida Grove	Iowa	1.34	6,820	5,088	1.45
57	Pacific Premier Bancorp, Inc.	Irvine	Calif.	1.30	67,136	51,571	1.34
58	First Foundation Inc.	Dallas	Tex.	1.26	22,366	17,809	1.34
59	Popular, Inc.	Hato Rey	P.R.	1.26	177,000	141,000	1.09
60	Northfield Bancorp, Inc.	Woodbridge	N.J.	1.25	13,063	10,418	0.94
61	Valley National Bancorp	New York	N.Y.	1.23	105,363	85,335	1.02
62	Sterling Bancorp	Pearl River	N.Y.	1.23	76,423	61,997	1.02
63	Pinnacle Financial Partners, Inc.	Nashville	Tenn.	1.23	110,876	89,955	1.29
64	First Internet Bancorp	Fishers	Ind.	1.23	11,091	9,046	1.03
65	OceanFirst Financial Corp.	Red Bank	N.J.	1.22	33,064	26,992	1.13
66	UMB Financial Corporation	Kansas City	Mo.	1.21	156,320	129,272	2.04
67	German American Bancorp, Inc.	Jasper	Ind.	1.20	20,890	17,421	1.69
68	Meridian Bancorp, Inc.	Peabody	Mass.	1.19	18,121	15,232	1.10
69	Nicolet Bankshares, Inc.	Green Bay	Wis.	1.18	17,987	15,255	1.60
70	TrustCo Bank Corp NY	Glenville	N.Y.	1.18	13,816	11,727	0.96
71	Glacier Bancorp, Inc.	Kalispell	Mont.	1.17	81,860	69,943	1.79
72	First of Long Island Corporation	Glen Head	N.Y.	1.17	10,529	9,010	1.04
73	WSFS Financial Corporation	Wilmington	Del.	1.17	59,813	51,208	1.75
74	Provident Financial Services, Inc.	Jersey City	N.J.	1.17	40,565	34,762	1.26
75	Premier Financial Bancorp, Inc.	Huntington	W.Va.	1.16	5,940	5,103	1.25
76	Investors Bancorp, Inc.	Short Hills	N.J.	1.16	75,145	64,772	1.14
77	Hometown Community Bancorp, Inc.	Morton	Ill.	1.16	15,586	13,471	1.36
78	Seacoast Banking Corporation of Florida	Stuart	Fla.	1.16	29,347	25,405	1.41
79	Veritex Holdings, Inc.	Dallas	Tex.	1.14	22,801	19,967	1.05
80	Umpqua Holdings Corporation	Portland	Ore.	1.14	150,730	132,175	2.06
81	Arrow Financial Corporation	Glens Falls	N.Y.	1.13	12,495	11,058	1.35
82	Camden National Corporation	Camden	Maine	1.13	18,278	16,245	1.47
83	Great Western Bancorp, Inc.	Sioux Falls	S.D.	1.10	41,320	37,485	1.32
84	Univest Financial Corporation	Souderton	Pa.	1.10	25,874	23,613	1.63
85	Johnson Financial Group, Inc.	Racine	Wis.	1.09	40,985	37,445	2.65
86	Horizon Bancorp, Inc.	Michigan City	Ind.	1.09	21,893	20,030	1.49
87	Heritage Financial Corporation	Olympia	Wash.	1.09	23,882	21,979	1.44
88	Columbia Banking System, Inc.	Tacoma	Wash.	1.08	58,300	53,806	1.42
89	BOU Bancorp, Inc.	Ogden	Utah	1.08	10,060	9,289	2.15
90	Peoples Bancorp Inc.	Marietta	Ohio	1.08	20,573	19,047	1.71
91	First Merchants Corporation	Muncie	Ind.	1.08	45,135	41,809	1.29
92	Stockman Financial Corporation	Miles City	Mont.	1.07	19,794	18,419	1.62
93	American National Bankshares Inc.	Danville	Va.	1.07	8,794	8,225	1.19
94	National Consumer Cooperative Bank	Arlington	Va.	1.07	17,294	16,238	2.32
95	Landmark Bancorp, Inc.	Manhattan	Kan.	1.06	5,603	5,263	1.95
96	Brookline Bancorp, Inc.	Boston	Mass.	1.06	26,663	25,054	1.21
97	United Services Automobile Association	San Antonio	Tex.	1.06	1,558,659	1,466,184	3.24
98	S&T Bancorp, Inc.	Indiana	Pa.	1.06	24,176	22,789	1.06
99	Stock Yards Bancorp, Inc.	Louisville	Ky.	1.05	17,737	16,836	1.58
100	WesBanco, Inc.	Wheeling	W.Va.	1.05	52,855	50,247	1.28
101	Enterprise Financial Services Corp	Clayton	Mo.	1.05	28,931	27,508	1.27
102	Regions Financial Corporation	Birmingham	Ala.	1.05	616,000	586,000	1.71
103	Great Southern Bancorp, Inc.	Springfield	Mo.	1.04	17,788	17,052	1.31
104	Ambank Company, Inc.	Sioux Center	Iowa	1.04	6,024	5,796	1.61
105	First Community Bankshares, Inc.	Bluefield	Va.	1.04	11,549	11,118	1.55
106	United Bankshares, Inc.	Charleston	W.Va.	1.04	92,370	89,104	1.42
107	Atlantic Union Bankshares Corporation	Richmond	Va.	1.03	59,432	57,648	1.20
108	Pinnacle Bancorp, Inc.	Elkhorn	Neb.	1.03	51,550	50,035	1.41
109	Heartland BancCorp	Whitehall	Ohio	1.02	5,757	5,627	1.54
110	Ameris Bancorp	Atlanta	Ga.	1.02	94,285	92,467	1.90
111	Park National Corporation	Newark	Ohio	1.01	45,200	44,596	1.95
112	PeoplesBancorp, MHC	Holyoke	Mass.	1.01	9,134	9,087	1.11
113	Live Oak Bancshares, Inc.	Wilmington	N.C.	1.00	29,588	29,531	1.49
114	Farmers & Merchants Bancorp	Lodi	Calif.	1.00	15,492	15,464	1.39
115	Commerce Bancshares, Inc.	Kansas City	Mo.	1.00	129,889	129,983	1.66
116	Kearny Financial Corp.	Fairfield	N.J.	0.99	16,948	17,059	0.92
117	M&T Bank Corporation	Buffalo	N.Y.	0.99	471,140	476,110	1.30
118	Synovus Financial Corp.	Columbus	Ga.	0.98	150,409	153,946	1.12
119	Civista Bancshares, Inc.	Sandusky	Ohio	0.98	10,173	10,417	1.45
120	Financial Institutions, Inc.	Warsaw	N.Y.	0.97	13,800	14,163	1.11
121	First Financial Corporation	Terre Haute	Ind.	0.97	15,739	16,159	1.39
122	Guaranty Bancshares, Inc.	Addison	Tex.	0.97	9,915	10,211	1.50
123	Southern First Bancshares, Inc.	Greenville	S.C.	0.97	8,602	8,880	1.39
124	United Community Banks, Inc.	Blairsville	Ga.	0.97	59,505	61,430	1.35
125	QNB Corp.	Quakertown	Pa.	0.96	4,151	4,302	1.17
126	Bank of Marin Bancorp	Novato	Calif.	0.96	8,117	8,414	1.10
127	1st Source Corporation	South Bend	Ind.	0.96	26,464	27,547	1.43
128	FirstBank Holding Company	Lakewood	Colo.	0.95	66,070	69,254	1.11
129	Triumph Bancorp, Inc.	Dallas	Tex.	0.95	32,132	33,798	2.22
130	Old National Bancorp	Evansville	Ind.	0.95	74,120	78,001	1.29
131	MidWestOne Financial Group, Inc.	Iowa City	Iowa	0.95	16,710	17,638	1.23
132	SVB Financial Group	Santa Clara	Calif.	0.95	392,910	414,783	1.52
133	Watford City Bancshares, Inc.	Watford City	N.D.	0.95	17,084	18,039	1.63
134	Century Bancorp, Inc.	Medford	Mass.	0.95	11,600	12,263	0.72
135	PNC Financial Services Group, Inc.	Pittsburgh	Pa.	0.94	1,442,496	1,526,473	1.25
136	First United Corporation	Oakland	Md.	0.94	4,556	4,835	1.07
137	Heritage Commerce Corp	San Jose	Calif.	0.93	11,623	12,457	0.99
138	Lakeland Bancorp, Inc.	Oak Ridge	N.J.	0.93	18,848	20,201	0.99
139	Business First Bancshares, Inc.	Baton Rouge	La.	0.93	13,834	14,908	1.38
140	Hancock Whitney Corporation	Gulfport	Miss.	0.92	103,575	112,245	1.26
141	First Bancshares, Inc.	Hattiesburg	Miss.	0.92	15,334	16,642	1.19
142	American Express Company	New York	N.Y.	0.92	1,438,000	1,566,000	3.06
143	Central Bancompany, Inc.	Jefferson City	Mo.	0.92	65,582	71,488	1.48
144	First Bancorp	Southern Pines	N.C.	0.92	23,649	25,813	1.31
145	Orrstown Financial Services, Inc.	Shippensburg	Pa.	0.91	10,059	10,998	1.47
146	Mercantile Bank Corporation	Grand Rapids	Mich.	0.91	14,081	15,419	1.26
147	Bancorp, Inc.	Wilmington	Del.	0.91	24,171	26,504	1.59
148	First Bancshares, Inc.	Merrillville	Ind.	0.91	16,433	18,030	1.18
149	First Busey Corporation	Champaign	Ill.	0.90	28,345	31,322	1.09
150	Washington Federal, Inc.	Seattle	Wash.	0.90	38,951	43,066	0.83
151	South Central Bancshares of Kentucky, Inc.	Glasgow	Ky.	0.90	5,018	5,564	1.40
152	HBT Financial, Inc.	Bloomington	Ill.	0.90	12,642	14,083	1.40
153	MB Mutual Holding Company	Manasquan	N.J.	0.89	4,854	5,440	0.89
154	Equity Bancshares, Inc.	Wichita	Kan.	0.89	12,488	14,052	1.29
155	Fifth Third Bancorp	Cincinnati	Ohio	0.88	603,916	683,255	1.20
156	KeyCorp	Cleveland	Ohio	0.88	583,044	661,406	1.38
157	BOK Financial Corporation	Tulsa	Okla.	0.88	154,224	176,198	1.24
158	Salem Five Bancorp	Salem	Mass.	0.88	16,650	19,026	1.18
159	First BanCorp.	Santurce	P.R.	0.87	50,138	57,301	1.07
160	Simmons First National Corporation	Pine Bluff	Ark.	0.87	52,968	60,550	0.97
161	Independent Bank Corp.	Rockland	Mass.	0.87	34,641	39,723	1.05
162	Luther Burbank Corporation	Santa Rosa	Calif.	0.87	8,701	9,993	0.49
163	Cambridge Financial Group, Inc.	Cambridge	Mass.	0.87	13,436	15,458	1.04
164	BancFirst Corporation	Oklahoma City	Okla.	0.87	35,358	40,750	1.46
165	Meta Financial Group, Inc.	Sioux Falls	S.D.	0.87	28,036	32,331	1.73
166	First Bancorp, Inc.	Lebanon	Va.	0.87	7,130	8,235	1.24
167	New York Private Bank & Trust Corporation	New York	N.Y.	0.86	35,996	41,636	2.27
168	Independent Bank Corporation	Grand Rapids	Mich.	0.86	16,986	19,820	1.63
169	Citizens Financial Group, Inc.	Providence	R.I.	0.85	455,961	538,200	1.01
170	Flagstar Bancorp, Inc.	Troy	Mich.	0.84	154,060	182,493	2.08
171	Banc of California, Inc.	Santa Ana	Calif.	0.84	21,703	25,736	1.12
172	Washington Trust Bancorp, Inc.	Westerly	R.I.	0.84	18,566	22,111	1.29
173	Broadway Bancshares, Inc.	San Antonio	Tex.	0.84	15,142	18,066	1.29
174	NBT Bancorp Inc.	Norwich	N.Y.	0.83	34,194	41,016	1.25
175	TriCo Bancshares	Chico	Calif.	0.83	23,657	28,474	1.25
176	Hanmi Financial Corporation	Los Angeles	Calif.	0.83	14,325	17,343	0.93
177	National Bank Holdings Corporation	Greenwood Village	Colo.	0.83	27,169	32,919	1.64
178	Bank of Hawaii Corporation	Honolulu	Hawaii	0.82	42,314	51,298	0.83
179	First Interstate BancSystem, Inc.	Billings	Mont.	0.82	46,857	56,956	1.08
180	Valley View Bancshares, Inc.	Overland Park	Kan.	0.82	7,586	9,228	0.88
181	Hills Bancorporation	Hills	Iowa	0.82	8,430	10,292	0.89
182	Charles Schwab Corporation	Westlake	Tex.	0.81	1,135,000	1,395,000	0.90
183	First Commonwealth Financial Corporation	Indiana	Pa.	0.81	25,683	31,670	1.13
184	Tompkins Financial Corporation	Ithaca	N.Y.	0.81	23,978	29,589	1.24
185	RCB Holding Company, Inc.	Claremore	Okla.	0.81	10,107	12,473	1.14
186	Citigroup Inc.	New York	N.Y.	0.81	4,309,000	5,341,000	0.75
187	Bridgewater Bancshares, Inc.	Saint Louis Park	Minn.	0.80	4,979	6,216	0.71
188	M & F Bancorp, Inc.	Holly Springs	Miss.	0.80	466	582	1.59
189	Community Bank System, Inc.	Onondaga	N.Y.	0.80	46,442	58,136	1.35
190	CBTX, Inc.	Houston	Tex.	0.80	10,236	12,848	1.06
191	Origin Bancorp, Inc.	Ruston	La.	0.80	17,552	22,052	0.98
192	Comerica Incorporated	Dallas	Tex.	0.79	215,000	271,000	1.01
193	Citizens Bancorp Investment, Inc.	Lafayette	Tenn.	0.79	3,306	4,184	1.13
194	Community Trust Bancorp, Inc.	Pikeville	Ky.	0.79	15,826	20,106	1.24
195	U.S. Bancorp	Minneapolis	Minn.	0.78	1,519,000	1,945,000	1.11
196	HomeStreet, Inc.	Seattle	Wash.	0.78	27,598	35,466	1.49
197	First Financial Bancorp.	Cincinnati	Ohio	0.78	48,312	62,263	1.21
198	Cambridge Bancorp	Cambridge	Mass.	0.77	13,015	16,854	1.32
199	Republic Bancorp, Inc.	Louisville	Ky.	0.77	20,356	26,450	1.32
200	Hawthorn Bancshares, Inc.	Jefferson City	Mo.	0.77	5,183	6,747	1.22

Note: Only domestic holding companies that file Y-9C reports are included. Based on Y-9C filings by top tier bank holding companies with the Federal Reserve.

Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Apr. 16, 2021.

Source:

https://www.spglobal.com/en/