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

January 19, 2021, 11:35 a.m. EST 1 Min Read

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Rank	Company	City	State	Multiple	Net income (loss)	Salary and benefits	Return on average assets
1	Silver Queen Financial Services, Inc.	Greenwood Village	Colo.	5.15	$9,637	$1,871	1.54
2	Lauritzen Corporation	Omaha	Neb.	4.60	49,845	10,842	12.35
3	Merchants Bancorp	Carmel	Ind.	3.33	55,002	16,522	2.34
4	ServisFirst Bancshares, Inc.	Birmingham	Ala.	2.89	43,362	14,994	1.55
5	Amboy Bancorporation	Old Bridge	N.J.	2.86	13,915	4,858	2.18
6	Inwood Bancshares, Inc.	Dallas	Tex.	2.67	17,794	6,653	2.05
7	FB Corporation	Creve Coeur	Mo.	2.59	68,861	26,594	4.05
8	John Deere Capital Corporation	Reno	Nev.	2.33	159,209	68,185	1.57
9	Industry Bancshares, Inc.	Industry	Tex.	2.31	20,840	9,035	1.75
10	United National Corporation	Sioux Falls	S.D.	2.29	114,978	50,139	11.70
11	Eagle Bancorp, Inc.	Bethesda	Md.	2.13	41,346	19,388	1.58
12	NexBank Capital, Inc.	Dallas	Tex.	2.02	17,890	8,836	0.76
13	Olney Bancshares of Texas, Inc.	Olney	Tex.	1.82	16,663	9,166	1.85
14	Lakeland Financial Corporation	Warsaw	Ind.	1.81	22,776	12,557	1.66
15	Bank7 Corp.	Oklahoma City	Okla.	1.77	4,440	2,505	1.84
16	1867 Western Financial Corporation	Stockton	Calif.	1.74	19,101	10,999	2.01
17	Midland Financial Co.	Oklahoma City	Okla.	1.74	131,674	75,865	1.94
18	Prosperity Bancshares, Inc.	Houston	Tex.	1.73	130,064	75,068	1.57
19	First Foundation Inc.	Irvine	Calif.	1.73	30,938	17,913	1.76
20	Western Alliance Bancorporation	Phoenix	Ariz.	1.72	135,769	78,757	1.67
21	Cathay General Bancorp	Los Angeles	Calif.	1.70	56,794	33,341	1.19
22	Home BancShares, Inc.	Conway	Ark.	1.67	69,320	41,511	1.67
23	Hometown Community Bancorp, Inc.	Morton	Ill.	1.66	18,866	11,389	1.69
24	ConnectOne Bancorp, Inc.	Englewood Cliffs	N.J.	1.64	24,786	15,114	1.33
25	Discover Financial Services	Riverwoods	Ill.	1.61	771,084	478,001	2.70
26	Westamerica Bancorporation	San Rafael	Calif.	1.60	20,051	12,540	1.25
27	First Horizon Corporation	Memphis	Tenn.	1.60	536,061	335,294	2.63
28	East West Bancorp, Inc.	Pasadena	Calif.	1.60	159,537	99,947	1.27
29	New York Community Bancorp, Inc.	Westbury	N.Y.	1.58	115,770	73,182	0.85
30	First Financial Bankshares, Inc.	Abilene	Tex.	1.57	52,857	33,744	2.06
31	Customers Bancorp, Inc.	West Reading	Pa.	1.55	50,515	32,676	1.13
32	CVB Financial Corp.	Ontario	Calif.	1.50	47,492	31,561	1.39
33	Ambank Company, Inc.	Sioux Center	Iowa	1.48	6,933	4,699	1.89
34	First Hawaiian, Inc.	Honolulu	Hawaii	1.47	65,101	44,291	1.17
35	Independent Bank Group, Inc.	McKinney	Tex.	1.42	60,075	42,253	1.44
36	Capitol Federal Financial, Inc.	Topeka	Kan.	1.40	18,279	13,050	0.77
37	Southside Bancshares, Inc.	Tyler	Tex.	1.40	27,074	19,344	1.52
38	Live Oak Bancshares, Inc.	Wilmington	N.C.	1.39	33,779	24,228	1.68
39	Ally Financial Inc.	Detroit	Mich.	1.39	476,000	342,000	1.03
40	First Security Bancorp	Searcy	Ark.	1.38	35,302	25,605	2.07
41	BankUnited, Inc.	Miami Lakes	Fla.	1.38	66,559	48,331	0.77
42	Axos Financial, Inc.	Las Vegas	Nev.	1.38	53,022	38,511	1.56
43	SVB Financial Group	Santa Clara	Calif.	1.37	446,307	326,499	2.03
44	Sterling Bancorp	Pearl River	N.Y.	1.36	84,407	62,041	1.11
45	International Bancshares Corporation	Laredo	Tex.	1.35	42,743	31,721	1.27
46	Stockman Financial Corporation	Miles City	Mont.	1.31	24,608	18,757	2.11
47	Capital One Financial Corporation	McLean	Va.	1.31	2,405,369	1,833,704	2.29
48	City Holding Company	Cross Lanes	W.Va.	1.31	20,125	15,379	1.46
49	TrustCo Bank Corp NY	Glenville	N.Y.	1.29	14,070	10,899	0.98
50	Nicolet Bankshares, Inc.	Green Bay	Wis.	1.29	18,102	14,080	1.57
51	Pacific Premier Bancorp, Inc.	Irvine	Calif.	1.28	66,566	51,980	1.31
52	Premier Financial Corp.	Defiance	Ohio	1.27	25,655	20,156	1.47
53	Luther Burbank Corporation	Santa Rosa	Calif.	1.27	14,317	11,259	0.80
54	Southern Missouri Bancorp, Inc.	Poplar Bluff	Mo.	1.25	9,986	8,009	1.57
55	Atlantic Union Bankshares Corporation	Richmond	Va.	1.24	60,998	49,000	1.24
56	Popular, Inc.	Hato Rey	P.R.	1.24	168,000	135,000	1.07
57	Sandy Spring Bancorp, Inc.	Olney	Md.	1.24	44,642	36,041	1.39
58	Pinnacle Financial Partners, Inc.	Nashville	Tenn.	1.23	110,645	90,060	1.31
59	Valley National Bancorp	Wayne	N.J.	1.22	102,374	83,626	0.99
60	Camden National Corporation	Camden	Maine	1.22	16,775	13,739	1.35
61	Glacier Bancorp, Inc.	Kalispell	Mont.	1.21	77,757	64,267	1.81
62	Meridian Bancorp, Inc.	Peabody	Mass.	1.21	16,674	13,813	1.03
63	Ameris Bancorp	Atlanta	Ga.	1.20	116,145	96,698	2.35
64	Flagstar Bancorp, Inc.	Troy	Mich.	1.19	222,420	187,241	3.15
65	Pinnacle Bancorp, Inc.	Elkhorn	Neb.	1.18	54,076	45,687	1.52
66	Veritex Holdings, Inc.	Dallas	Tex.	1.16	22,920	19,803	1.07
67	First of Long Island Corporation	Glen Head	N.Y.	1.15	10,767	9,365	1.03
68	Hills Bancorporation	Hills	Iowa	1.14	11,431	10,010	1.26
69	RBB Bancorp	Los Angeles	Calif.	1.12	8,520	7,599	1.06
70	Old National Bancorp	Evansville	Ind.	1.12	77,944	69,860	1.39
71	American National Corporation	Omaha	Neb.	1.11	16,494	14,811	1.47
72	Amarillo National Bancorp, Inc.	Amarillo	Tex.	1.10	25,203	22,905	1.57
73	Dime Community Bancshares, Inc.	Brooklyn	N.Y.	1.10	15,867	14,433	0.98
74	Bridgewater Bancshares, Inc.	Saint Louis Park	Minn.	1.10	7,174	6,550	1.06
75	First Bancshares, Inc.	Merrillville	Ind.	1.09	18,881	17,268	1.39
76	Community Trust Bancorp, Inc.	Pikeville	Ky.	1.08	17,447	16,137	1.38
77	Goldman Sachs Group, Inc.	New York	N.Y.	1.08	3,367,000	3,117,000	1.18
78	Horizon Bancorp, Inc.	Michigan City	Ind.	1.08	20,312	18,832	1.41
79	Investors Bancorp, Inc.	Short Hills	N.J.	1.07	64,311	59,889	0.95
80	Guaranty Bancshares, Inc.	Addison	Tex.	1.07	10,134	9,439	1.55
81	PNC Financial Services Group, Inc.	Pittsburgh	Pa.	1.07	1,518,882	1,416,689	1.32
82	JPMorgan Chase & Co.	New York	N.Y.	1.07	9,443,000	8,827,000	1.15
83	Salem Five Bancorp	Salem	Mass.	1.07	20,395	19,119	1.48
84	United Bankshares, Inc.	Charleston	W.Va.	1.06	103,784	97,657	1.57
85	Arrow Financial Corporation	Glens Falls	N.Y.	1.06	11,046	10,408	1.24
86	WSFS Financial Corporation	Wilmington	Del.	1.04	51,145	49,070	1.51
87	Premier Financial Bancorp, Inc.	Huntington	W.Va.	1.04	5,624	5,401	1.19
88	Commerce Bancshares, Inc.	Kansas City	Mo.	1.04	132,448	127,308	1.74
89	Umpqua Holdings Corporation	Portland	Ore.	1.04	124,871	120,090	1.70
90	Central Bancompany, Inc.	Jefferson City	Mo.	1.03	67,931	66,028	1.56
91	Farmers & Merchants Bancorp	Lodi	Calif.	1.02	14,811	14,527	1.40
92	Simmons First National Corporation	Pine Bluff	Ark.	1.01	65,898	65,319	1.21
93	Hawaiian Electric Industries, Inc.	Honolulu	Hawaii	1.01	65,032	64,556	1.80
94	First Bancorp, Inc.	Lebanon	Va.	1.00	8,084	8,049	1.43
95	Ida Grove Bancshares, Inc.	Ida Grove	Iowa	1.00	6,097	6,076	1.32
96	FirstBank Holding Company	Lakewood	Colo.	0.99	61,805	62,142	1.08
97	Regions Financial Corporation	Birmingham	Ala.	0.99	530,000	533,000	1.50
98	Landmark Bancorp, Inc.	Manhattan	Kan.	0.98	5,427	5,559	1.91
99	Wilson Bank Holding Company	Lebanon	Tenn.	0.97	11,532	11,836	1.44
100	Century Bancorp, Inc.	Medford	Mass.	0.96	10,887	11,349	0.71
101	BOU Bancorp, Inc.	Ogden	Utah	0.96	7,848	8,196	1.83
102	Hanmi Financial Corporation	Los Angeles	Calif.	0.95	16,344	17,194	1.09
103	Washington Federal, Inc.	Seattle	Wash.	0.94	34,343	36,476	0.74
104	Heartland Financial USA, Inc.	Dubuque	Iowa	0.94	47,958	50,978	1.26
105	First Busey Corporation	Champaign	Ill.	0.94	30,829	32,839	1.16
106	Heritage Commerce Corp	San Jose	Calif.	0.94	11,197	11,967	0.98
107	First Merchants Corporation	Muncie	Ind.	0.92	36,210	39,187	1.06
108	First United Corporation	Oakland	Md.	0.92	4,960	5,378	1.20
109	Cadence Bancorporation	Houston	Tex.	0.92	49,315	53,799	1.09
110	Fifth Third Bancorp	Cincinnati	Ohio	0.91	580,528	641,280	1.16
111	American National Bankshares Inc.	Danville	Va.	0.90	7,227	7,989	1.01
112	First Financial Corporation	Terre Haute	Ind.	0.90	14,000	15,484	1.28
113	Independent Bank Corp.	Rockland	Mass.	0.90	34,873	38,585	1.07
114	QNB Corp.	Quakertown	Pa.	0.90	3,778	4,182	1.07
115	Independent Bank Corporation	Grand Rapids	Mich.	0.90	19,584	21,700	1.92
116	First Bancorp	Southern Pines	N.C.	0.89	23,296	26,045	1.35
117	First Internet Bancorp	Fishers	Ind.	0.89	8,411	9,468	0.78
118	People's United Financial, Inc.	Bridgeport	Conn.	0.89	144,580	162,960	0.95
119	MB Mutual Holding Company	Manasquan	N.J.	0.88	4,692	5,328	0.92
120	Bancorp, Inc.	Wilmington	Del.	0.87	23,254	26,608	1.50
121	OFG Bancorp	San Juan	P.R.	0.87	27,437	31,550	1.11
122	NBT Bancorp Inc.	Norwich	N.Y.	0.87	35,113	40,451	1.30
123	Bank of Marin Bancorp	Novato	Calif.	0.87	7,491	8,638	1.00
124	Stock Yards Bancorp, Inc.	Louisville	Ky.	0.86	14,533	16,837	1.35
125	Education Loan Finance, Inc.	Farragut	Tenn.	0.86	6,065	7,063	0.68
126	BOK Financial Corporation	Tulsa	Okla.	0.86	154,034	179,858	1.27
127	Cullen/Frost Bankers, Inc.	San Antonio	Tex.	0.86	95,056	111,098	0.98
128	Cambridge Bancorp	Cambridge	Mass.	0.84	13,428	15,981	1.35
129	German American Bancorp, Inc.	Jasper	Ind.	0.84	14,593	17,409	1.22
130	Washington Trust Bancorp, Inc.	Westerly	R.I.	0.84	18,322	21,921	1.25
131	Seacoast Banking Corporation of Florida	Stuart	Fla.	0.83	22,628	27,121	1.12
132	Charles Schwab Corporation	San Francisco	Calif.	0.83	698,000	838,000	0.69
133	WesBanco, Inc.	Wheeling	W.Va.	0.83	41,305	49,661	0.99
134	F.N.B. Corporation	Pittsburgh	Pa.	0.83	82,776	100,174	0.88
135	Flushing Financial Corporation	Uniondale	N.Y.	0.82	14,331	17,422	0.81
136	Comerica Incorporated	Dallas	Tex.	0.82	211,000	257,000	1.00
137	Financial Institutions, Inc.	Warsaw	N.Y.	0.81	12,273	15,085	1.03
138	First Interstate BancSystem, Inc.	Billings	Mont.	0.81	48,251	59,537	1.16
139	Allegiance Bancshares, Inc.	Houston	Tex.	0.81	16,170	19,968	1.10
140	Columbia Banking System, Inc.	Tacoma	Wash.	0.81	44,734	55,257	1.12
141	Trustmark Corporation	Jackson	Miss.	0.81	54,440	67,342	1.38
142	Chemung Financial Corporation	Elmira	N.Y.	0.81	5,712	7,079	1.10
143	United Community Banks, Inc.	Blairsville	Ga.	0.81	47,606	59,030	1.12
144	Dickinson Financial Corporation II	Kansas City	Mo.	0.81	14,663	18,197	1.69
145	Enterprise Financial Services Corp	Clayton	Mo.	0.80	17,951	22,323	0.86
146	South Central Bancshares of Kentucky, Inc.	Glasgow	Ky.	0.80	4,156	5,209	1.21
147	First Citizens BancShares, Inc.	Raleigh	N.C.	0.80	142,684	179,085	1.19
148	Bridge Bancorp, Inc.	Bridgehampton	N.Y.	0.80	13,061	16,406	0.84
149	Tompkins Financial Corporation	Ithaca	N.Y.	0.79	24,230	30,641	1.28
150	Peoples Bancorp of North Carolina, Inc.	Newton	N.C.	0.79	4,509	5,736	1.26
151	First Community Bankshares, Inc.	Bluefield	Va.	0.79	8,268	10,518	1.12
152	1st Source Corporation	South Bend	Ind.	0.78	20,058	25,609	1.10
153	Heritage Financial Corporation	Olympia	Wash.	0.78	16,636	21,244	1.01
154	U.S. Bancorp	Minneapolis	Minn.	0.78	1,580,000	2,022,000	1.19
155	Fulton Financial Corporation	Lancaster	Pa.	0.78	61,608	79,227	0.99
156	M&T Bank Corporation	Buffalo	N.Y.	0.78	372,136	478,897	1.06
157	First Bancshares, Inc.	Hattiesburg	Miss.	0.77	11,916	15,494	0.94
158	Republic Bancorp, Inc.	Louisville	Ky.	0.77	20,389	26,542	1.33
159	American Express Company	New York	N.Y.	0.76	1,074,000	1,408,000	2.29
160	Provident Financial Services, Inc.	Jersey City	N.J.	0.76	27,143	35,680	0.90
161	HomeStreet, Inc.	Seattle	Wash.	0.76	26,349	34,687	1.41
162	BTC Financial Corporation	Des Moines	Iowa	0.76	13,068	17,205	0.94
163	Valley View Bancshares, Inc.	Overland Park	Kan.	0.75	7,182	9,518	0.84
164	PeoplesBancorp, MHC	Holyoke	Mass.	0.75	6,669	8,841	0.84
165	Watford City Bancshares, Inc.	Watford City	N.D.	0.75	13,753	18,249	1.38
166	Univest Financial Corporation	Souderton	Pa.	0.75	18,119	24,059	1.16
167	Hope Bancorp, Inc.	Los Angeles	Calif.	0.75	30,490	40,655	0.72
168	First Mid Bancshares, Inc.	Mattoon	Ill.	0.75	11,565	15,462	1.03
169	Farmers & Merchants Investment, Inc.	Lincoln	Neb.	0.75	17,971	24,061	1.27
170	Hometown Financial Group MHC	Easthampton	Mass.	0.74	7,727	10,375	0.91
171	Community Bank System, Inc.	De Witt	N.Y.	0.74	42,752	57,428	1.28
172	Alpine Banks of Colorado	Glenwood Springs	Colo.	0.74	13,527	18,229	1.11
173	HBT Financial, Inc.	Bloomington	Ill.	0.74	10,563	14,261	1.21
174	Fremont Bancorporation	Fremont	Calif.	0.74	22,309	30,167	1.80
175	Canandaigua National Corporation	Canandaigua	N.Y.	0.74	10,335	13,984	1.17
176	Lakeland Bancorp, Inc.	Oak Ridge	N.J.	0.73	14,427	19,694	0.77
177	Hawthorn Bancshares, Inc.	Jefferson City	Mo.	0.73	4,960	6,772	1.19
178	Park National Corporation	Newark	Ohio	0.73	30,846	42,308	1.30
179	KeyCorp	Cleveland	Ohio	0.73	427,981	587,978	1.01
180	Bremer Financial Corporation	Saint Paul	Minn.	0.73	43,395	59,729	1.14
181	Civista Bancshares, Inc.	Sandusky	Ohio	0.73	7,682	10,595	1.08
182	Triumph Bancorp, Inc.	Dallas	Tex.	0.72	22,902	31,651	1.66
183	National Bank Holdings Corporation	Greenwood Village	Colo.	0.72	27,893	38,614	1.72
184	Great Southern Bancorp, Inc.	Springfield	Mo.	0.72	13,454	18,657	0.98
185	Brookline Bancorp, Inc.	Boston	Mass.	0.72	18,677	26,012	0.83
186	First State Bancshares, Inc.	Farmington	Mo.	0.71	9,824	13,749	1.29
187	Bank of Hawaii Corporation	Honolulu	Hawaii	0.71	37,840	53,006	0.77
188	Bar Harbor Bankshares	Bar Harbor	Maine	0.71	8,402	11,809	0.88
189	South Plains Financial, Inc.	Lubbock	Tex.	0.71	16,731	23,672	1.89
190	South State Corporation	Winter Haven	Fla.	0.71	95,221	134,918	1.01
191	Peapack-Gladstone Financial Corporation	Bedminster	N.J.	0.71	13,547	19,202	0.89
192	215 Holding Company	Minneapolis	Minn.	0.70	2,426	3,444	1.11
193	Synchrony Financial	Stamford	Conn.	0.70	313,000	445,000	1.30
194	Citizens Bancorp Investment, Inc.	Lafayette	Tenn.	0.70	2,525	3,600	1.00
195	American Bancor, Ltd.	Dickinson	N.D.	0.69	6,886	9,960	1.24
196	Banner Corporation	Walla Walla	Wash.	0.69	36,548	52,952	1.02
197	Middlesex Bancorp, MHC	Natick	Mass.	0.69	10,480	15,208	0.75
198	Northwest Bancshares, Inc.	Warren	Pa.	0.69	38,050	55,217	1.07
199	Enterprise Bancorp, Inc.	Lowell	Mass.	0.69	10,326	15,031	1.02
200	Dollar Mutual Bancorp	Pittsburgh	Pa.	0.68	16,802	24,540	0.69

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 Jan. 15, 2021.

Source:

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