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Compensation Banks, thrifts and holding companies

U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits (Mar. 31, 2020)

May 26, 2020, 11:09 a.m. EDT 1 Min Read
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U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits
Rank Company City State Multiple Net income (loss) Salary and benefits Return on average assets
1 1867 Western Financial Corporation Stockton Calif. 2.92 $130,482 $44,653 3,381,084.00
2 Lauritzen Corporation Omaha Neb. 2.83 119,595 42,276 1,514,157.00
3 ServisFirst Bancshares, Inc. Birmingham Ala. 2.58 149,243 57,783 8,947,653.00
4 Synchrony Financial Stamford Conn. 2.24 3,747,000 1,673,000 104,826,000.00
5 Cathay General Bancorp Los Angeles Calif. 2.16 279,135 129,300 18,094,144.00
6 United National Corporation Sioux Falls S.D. 2.07 412,565 198,956 3,360,538.00
7 Merchants Bancorp Carmel Ind. 2.04 77,184 37,885 6,371,981.00
8 Sterling Bancorp, Inc. Southfield Mich. 2.00 56,951 28,532 3,241,802.00
9 State Bankshares, Inc. Fargo N.D. 1.99 321,588 161,362 6,567,034.00
10 Inwood Bancshares, Inc. Dallas Tex. 1.94 51,463 26,532 3,045,151.00
11 Lakeland Financial Corporation Warsaw Ind. 1.89 87,034 45,939 4,948,167.00
12 Home BancShares, Inc. Conway Ark. 1.88 289,539 154,177 15,032,047.00
13 Sterling Bancorp Montebello N.Y. 1.82 427,041 234,120 30,639,452.00
14 Eagle Bancorp, Inc. Bethesda Md. 1.79 142,943 79,842 8,988,719.00
15 Western Alliance Bancorporation Phoenix Ariz. 1.79 499,171 279,274 26,821,948.00
16 Capitol Federal Financial, Inc. Topeka Kan. 1.75 92,371 52,856 9,254,763.00
17 CVB Financial Corp. Ontario Calif. 1.72 207,827 121,063 11,282,450.00
18 NexBank Capital, Inc. Dallas Tex. 1.68 61,480 36,671 9,781,011.00
19 East West Bancorp, Inc. Pasadena Calif. 1.67 674,035 402,548 44,196,096.00
20 Discover Financial Services Riverwoods Ill. 1.67 2,957,199 1,775,506 113,995,854.00
21 First Hawaiian, Inc. Honolulu Hawaii 1.64 284,392 173,098 20,166,734.00
22 PacWest Bancorp Beverly Hills Calif. 1.64 468,636 285,862 26,770,806.00
23 John Deere Capital Corporation Reno Nev. 1.63 408,948 250,602 39,448,440.00
24 Washington Federal, Inc. Seattle Wash. 1.61 223,017 138,113 16,423,161.00
25 Silver Queen Financial Services, Inc. Greenwood Village Colo. 1.58 13,968 8,838 2,028,294.00
26 Westamerica Bancorporation San Rafael Calif. 1.57 80,389 51,054 5,646,348.00
27 Amboy Bancorporation Old Bridge N.J. 1.56 41,059 26,374 2,330,534.00
28 ConnectOne Bancorp, Inc. Englewood Cliffs N.J. 1.49 73,395 49,135 6,174,032.00
29 Prosperity Bancshares, Inc. Houston Tex. 1.47 332,552 226,348 32,195,337.00
30 City Holding Company Cross Lanes W.Va. 1.44 89,353 62,225 5,018,557.00
31 E*TRADE Financial Corporation Arlington Va. 1.43 955,239 667,105 61,416,142.00
32 First Financial Bankshares, Inc. Abilene Tex. 1.43 164,812 115,391 8,262,227.00
33 Bridgewater Bancshares, Inc. Bloomington Minn. 1.42 31,403 22,076 2,268,830.00
34 International Bancshares Corporation Laredo Tex. 1.41 205,104 145,930 12,112,894.00
35 Ally Financial Inc. Detroit Mich. 1.40 1,715,000 1,224,000 180,644,000.00
36 Olney Bancshares of Texas, Inc. Olney Tex. 1.39 51,177 36,744 3,494,656.00
37 Beal Financial Corporation Plano Tex. 1.39 73,312 52,890 6,993,000.00
38 First-West Texas Bancshares, Inc. Midland Tex. 1.36 18,913 13,920 1,393,485.00
39 BankUnited, Inc. Miami Lakes Fla. 1.34 313,098 234,275 32,871,293.00
40 Luther Burbank Corporation Santa Rosa Calif. 1.32 48,861 37,132 7,045,828.00
41 New York Community Bancorp, Inc. Westbury N.Y. 1.31 395,043 301,697 53,640,821.00
42 Industry Bancshares, Inc. Industry Tex. 1.31 47,131 36,013 4,578,971.00
43 Pinnacle Financial Partners, Inc. Nashville Tenn. 1.28 400,881 313,359 27,805,498.00
44 Hometown Community Bancorp, Inc. Morton Ill. 1.27 58,222 45,992 4,107,748.00
45 Hills Bancorporation Hills Iowa 1.26 45,318 35,983 3,300,887.00
46 Ida Grove Bancshares, Inc. Ida Grove Iowa 1.25 25,796 20,650 1,743,519.00
47 Stockman Financial Corporation Miles City Mont. 1.25 73,729 59,119 4,003,418.00
48 TrustCo Bank Corp NY Glenville N.Y. 1.24 57,841 46,630 5,221,902.00
49 United Bankshares, Inc. Charleston W.Va. 1.24 260,099 209,707 19,662,324.00
50 Amarillo National Bancorp, Inc. Amarillo Tex. 1.23 97,047 78,695 5,718,432.00
51 First Security Bancorp Searcy Ark. 1.22 105,394 86,350 5,986,589.00
52 Great Western Bancorp, Inc. Sioux Falls S.D. 1.20 164,853 137,151 12,851,665.00
53 Southern BancShares (N.C.), Inc. Mount Olive N.C. 1.20 56,874 47,343 3,023,839.00
54 Independent Bank Group, Inc. McKinney Tex. 1.18 192,736 162,683 14,958,207.00
55 Comerica Incorporated Dallas Tex. 1.17 1,198,000 1,020,000 73,519,000.00
56 Axos Financial, Inc. Las Vegas Nev. 1.17 161,535 137,875 12,269,288.00
57 Great Southern Bancorp, Inc. Springfield Mo. 1.17 73,612 62,869 5,015,969.00
58 Valley View Bancshares, Inc. Overland Park Kan. 1.16 42,299 36,318 3,022,047.00
59 SVB Financial Group Santa Clara Calif. 1.15 1,136,856 985,538 71,384,015.00
60 Popular, Inc. Hato Rey P.R. 1.15 671,000 585,000 52,115,000.00
61 Pacific Premier Bancorp, Inc. Irvine Calif. 1.15 159,718 139,465 11,776,012.00
62 American Express Company New York N.Y. 1.14 6,758,000 5,911,000 198,314,000.00
63 First Merchants Corporation Muncie Ind. 1.14 164,460 144,037 12,457,254.00
64 HBT Financial, Inc. Bloomington Ill. 1.14 66,865 58,909 3,245,103.00
65 Seacoast Banking Corporation of Florida Stuart Fla. 1.13 98,739 87,526 7,108,511.00
66 Premier Financial Bancorp, Inc. Huntington W.Va. 1.13 24,196 21,485 1,781,010.00
67 S&T Bancorp, Inc. Indiana Pa. 1.12 98,234 87,375 8,764,649.00
68 Sandy Spring Bancorp, Inc. Olney Md. 1.12 116,433 103,950 8,629,002.00
69 Charles Schwab Corporation San Francisco Calif. 1.12 3,704,000 3,307,000 294,005,000.00
70 First of Long Island Corporation Glen Head N.Y. 1.12 41,555 37,111 4,097,843.00
71 Independent Bank Corp. Rockland Mass. 1.10 165,175 149,726 11,402,982.00
72 American National Corporation Omaha Neb. 1.07 59,302 55,169 4,049,798.00
73 Meridian Bancorp, Inc. Peabody Mass. 1.07 66,996 62,466 6,344,009.00
74 FirstBank Holding Company Lakewood Colo. 1.07 270,800 253,691 19,971,312.00
75 Enterprise Financial Services Corp Clayton Mo. 1.07 92,739 86,880 7,333,791.00
76 Southern Missouri Bancorp, Inc. Poplar Bluff Mo. 1.06 30,195 28,442 2,312,007.00
77 Hope Bancorp, Inc. Los Angeles Calif. 1.06 171,039 161,718 15,667,729.00
78 Camden National Corporation Camden Maine 1.05 57,203 54,489 4,429,521.00
79 Stock Yards Bancorp, Inc. Louisville Ky. 1.05 66,067 62,957 3,727,859.00
80 JPMorgan Chase & Co. New York N.Y. 1.05 36,431,000 34,797,000 2,687,379,000.00
81 First Community Bankshares, Inc. Bluefield Va. 1.05 38,803 37,088 2,798,848.00
82 BOU Bancorp, Inc. Ogden Utah 1.04 31,174 30,048 1,426,228.00
83 F.N.B. Corporation Pittsburgh Pa. 1.03 387,249 374,556 34,619,626.00
84 Fifth Third Bancorp Cincinnati Ohio 1.03 2,511,689 2,435,220 169,369,169.00
85 Midland Financial Co. Oklahoma City Okla. 1.03 279,457 271,037 23,005,630.00
86 Bank of Hawaii Corporation Honolulu Hawaii 1.03 225,913 219,338 18,095,496.00
87 First BanCorp. San Juan P.R. 1.03 167,377 162,567 12,611,266.00
88 Texas Capital Bancshares, Inc. Dallas Tex. 1.03 322,866 314,058 32,548,132.00
89 Community Trust Bancorp, Inc. Pikeville Ky. 1.02 64,540 63,027 4,366,003.00
90 Pinnacle Bancorp, Inc. Elkhorn Neb. 1.02 167,550 164,125 12,275,530.00
91 Horizon Bancorp, Inc. Michigan City Ind. 1.02 66,538 65,206 5,244,363.00
92 Northfield Bancorp, Inc. Woodbridge N.J. 1.02 40,235 39,571 5,055,302.00
93 M&T Bank Corporation Buffalo N.Y. 1.01 1,929,149 1,900,797 119,872,757.00
94 Southside Bancshares, Inc. Tyler Tex. 1.01 74,554 73,731 6,748,913.00
95 First Bancshares, Inc. Merrillville Ind. 1.01 65,530 64,854 4,698,598.00
96 Nicolet Bankshares, Inc. Green Bay Wis. 1.00 54,641 54,478 3,577,260.00
97 Bank of Marin Bancorp Novato Calif. 1.00 34,241 34,253 2,707,280.00
98 OceanFirst Financial Corp. Toms River N.J. 1.00 88,574 88,829 8,259,869.00
99 Simmons First National Corporation Pine Bluff Ark. 0.99 238,167 240,066 21,264,536.00
100 Atlantic Union Bankshares Corporation Richmond Va. 0.99 193,528 195,349 17,563,450.00
101 Synovus Financial Corp. Columbus Ga. 0.99 563,780 570,036 48,203,282.00
102 Southern First Bancshares, Inc. Greenville S.C. 0.98 27,858 28,368 2,267,875.00
103 Farmers & Merchants Bancorp Lodi Calif. 0.98 56,035 57,329 3,723,430.00
104 Arrow Financial Corporation Glens Falls N.Y. 0.98 37,475 38,402 3,184,275.00
105 Apple Financial Holdings, Inc. New York N.Y. 0.97 111,305 114,857 15,808,186.00
106 Webster Financial Corporation Waterbury Conn. 0.97 382,723 395,085 30,423,561.00
107 Provident Financial Services, Inc. Jersey City N.J. 0.96 112,634 116,849 9,808,577.00
108 Central Bancompany, Inc. Jefferson City Mo. 0.96 209,643 217,619 14,994,431.00
109 First Bancorp Southern Pines N.C. 0.96 92,046 95,974 6,144,457.00
110 Glacier Bancorp, Inc. Kalispell Mont. 0.96 210,544 220,138 13,683,999.00
111 First Internet Bancorp Fishers Ind. 0.95 25,239 26,554 4,100,083.00
112 Washington Trust Bancorp, Inc. Westerly R.I. 0.95 69,118 72,872 5,294,046.00
113 First Financial Bancorp. Cincinnati Ohio 0.95 198,075 209,061 14,511,625.00
114 1st Source Corporation South Bend Ind. 0.95 91,960 97,098 6,623,266.00
115 Valley National Bancorp Wayne N.J. 0.95 309,793 327,431 37,453,416.00
116 Cullen/Frost Bankers, Inc. San Antonio Tex. 0.95 443,599 469,022 34,096,890.00
117 PNC Financial Services Group, Inc. Pittsburgh Pa. 0.95 5,368,865 5,678,097 410,373,281.00
118 First Bancorp, Inc. Lebanon Va. 0.94 28,009 29,643 1,948,529.00
119 Ambank Company, Inc. Sioux Center Iowa 0.94 18,657 19,860 1,306,931.00
120 First Commonwealth Financial Corporation Indiana Pa. 0.93 105,333 112,670 8,308,773.00
121 IBERIABANK Corporation Lafayette La. 0.93 384,155 411,869 31,713,450.00
122 First Bancshares, Inc. Hattiesburg Miss. 0.93 43,745 47,016 3,941,045.00
123 Salem Five Bancorp Salem Mass. 0.93 63,862 68,656 5,155,447.00
124 Republic Bancorp, Inc. Louisville Ky. 0.93 91,699 98,770 5,620,318.00
125 German American Bancorp, Inc. Jasper Ind. 0.93 59,222 63,885 4,399,008.00
126 WesBanco, Inc. Wheeling W.Va. 0.92 158,873 171,798 15,719,289.00
127 United Community Banks, Inc. Blairsville Ga. 0.92 185,720 201,111 12,918,667.00
128 Bridge Bancorp, Inc. Bridgehampton N.Y. 0.92 51,691 56,244 4,921,471.00
129 Mercantile Bank Corporation Grand Rapids Mich. 0.92 49,457 53,902 3,632,914.00
130 Lakeland Bancorp, Inc. Oak Ridge N.J. 0.91 70,672 77,287 6,712,128.00
131 CIT Group Inc. New York N.Y. 0.91 529,847 580,914 50,832,836.00
132 Stearns Financial Services, Inc. Saint Cloud Minn. 0.91 52,314 57,450 2,440,924.00
133 Columbia Banking System, Inc. Tacoma Wash. 0.91 194,451 213,618 14,079,630.00
134 U.S. Bancorp Minneapolis Minn. 0.91 6,914,000 7,611,000 495,426,000.00
135 BTC Financial Corporation Des Moines Iowa 0.91 61,314 67,504 4,994,277.00
136 Brookline Bancorp, Inc. Boston Mass. 0.91 87,717 96,755 7,875,295.00
137 Citigroup Inc. New York N.Y. 0.91 19,401,000 21,432,000 1,951,158,000.00
138 Veritex Holdings, Inc. Dallas Tex. 0.90 90,739 100,311 7,954,707.00
139 Century Bancorp, Inc. Medford Mass. 0.90 39,699 43,932 5,492,424.00
140 215 Holding Company Minneapolis Minn. 0.90 12,103 13,399 775,374.00
141 Cadence Bancorporation Houston Tex. 0.90 201,958 224,656 17,785,436.00
142 CBTX, Inc. Houston Tex. 0.90 50,517 56,222 3,479,015.00
143 First Financial Corporation Terre Haute Ind. 0.89 48,872 54,775 4,020,031.00
144 TriState Capital Holdings, Inc. Pittsburgh Pa. 0.89 60,193 67,982 7,765,810.00
145 BancFirst Corporation Oklahoma City Okla. 0.88 134,879 153,024 8,565,776.00
146 Citizens Financial Group, Inc. Providence R.I. 0.88 1,790,538 2,033,144 166,089,890.00
147 First Interstate BancSystem, Inc. Billings Mont. 0.87 180,996 206,873 14,644,087.00
148 CenterState Bank Corporation Winter Haven Fla. 0.87 225,396 259,093 17,142,025.00
149 TriCo Bancshares Chico Calif. 0.87 92,072 106,065 6,471,181.00
150 Financial Institutions, Inc. Warsaw N.Y. 0.87 48,862 56,330 4,384,178.00
151 First Defiance Financial Corp. Defiance Ohio 0.87 49,370 56,971 3,469,000.00
152 Ameriprise Financial, Inc. Minneapolis Minn. 0.87 1,892,656 2,184,458 151,849,645.00
153 Education Loan Finance, Inc. Farragut Tenn. 0.87 24,912 28,765 3,248,656.00
154 Civista Bancshares, Inc. Sandusky Ohio 0.87 33,878 39,156 2,309,557.00
155 CNB Financial Corporation Clearfield Pa. 0.86 40,081 46,405 3,763,659.00
156 INTRUST Financial Corporation Wichita Kan. 0.85 69,606 81,440 5,695,664.00
157 Commerce Bancshares, Inc. Kansas City Mo. 0.85 421,231 492,927 26,083,903.00
158 Huntington Bancshares Incorporated Columbus Ohio 0.85 1,410,914 1,651,406 109,001,821.00
159 Umpqua Holdings Corporation Portland Ore. 0.85 354,095 416,178 28,846,809.00
160 Wilson Bank Holding Company Lebanon Tenn. 0.83 36,044 43,171 2,781,056.00
161 Bank of America Corporation Charlotte N.C. 0.83 27,430,000 32,920,000 2,434,079,000.00
162 Alpine Banks of Colorado Glenwood Springs Colo. 0.83 58,008 69,635 3,867,650.00
163 Capital One Financial Corporation McLean Va. 0.83 5,546,388 6,709,296 390,364,866.00
164 Old National Bancorp Evansville Ind. 0.82 238,206 289,452 20,411,698.00
165 People's United Financial, Inc. Bridgeport Conn. 0.82 520,448 636,408 58,579,620.00
166 Regions Financial Corporation Birmingham Ala. 0.82 1,582,000 1,941,000 126,633,000.00
167 First Foundation Inc. Irvine Calif. 0.80 56,239 69,932 6,314,470.00
168 United Services Automobile Association San Antonio Tex. 0.80 4,006,321 4,992,457 173,791,532.00
169 Investors Bancorp, Inc. Short Hills N.J. 0.80 195,484 243,791 26,772,548.00
170 Broadway Bancshares, Inc. San Antonio Tex. 0.80 55,250 69,176 3,856,185.00
171 Heritage Commerce Corp San Jose Calif. 0.80 40,461 50,754 4,109,463.00
172 First Midwest Bancorp, Inc. Chicago Ill. 0.79 199,738 252,759 17,850,397.00
173 Heritage Financial Corporation Olympia Wash. 0.78 67,557 86,694 5,552,970.00
174 Hawaiian Electric Industries, Inc. Honolulu Hawaii 0.78 217,882 279,966 13,745,251.00
175 NBT Bancorp Inc. Norwich N.Y. 0.77 121,021 156,867 9,715,925.00
176 QNB Corp. Quakertown Pa. 0.77 12,357 16,086 1,225,023.00
177 South State Corporation Columbia S.C. 0.76 186,483 244,273 15,921,092.00
178 First Mid Bancshares, Inc. Mattoon Ill. 0.76 47,943 62,805 3,839,426.00
179 KeyCorp Cleveland Ohio 0.76 1,716,897 2,249,595 145,569,632.00
180 Community Bank System, Inc. De Witt N.Y. 0.76 168,836 221,240 11,410,295.00
181 Cambridge Financial Group, Inc. Cambridge Mass. 0.76 38,725 51,075 4,299,596.00
182 BOK Financial Corporation Tulsa Okla. 0.76 500,758 660,565 42,323,681.00
183 RCB Holding Company, Inc. Claremore Okla. 0.75 39,338 52,117 3,176,415.00
184 Bremer Financial Corporation Saint Paul Minn. 0.75 156,002 207,868 13,168,902.00
185 ANB Corporation Terrell Tex. 0.75 38,035 50,821 3,475,112.00
186 South Central Bancshares of Kentucky, Inc. Glasgow Ky. 0.75 13,182 17,637 1,276,049.00
187 Hawthorn Bancshares, Inc. Jefferson City Mo. 0.75 16,114 21,596 1,492,962.00
188 Univest Financial Corporation Souderton Pa. 0.74 65,719 88,289 5,380,924.00
189 Hancock Whitney Corporation Gulfport Miss. 0.74 327,380 439,879 30,619,716.00
190 Heartland Financial USA, Inc. Dubuque Iowa 0.74 149,129 201,157 13,209,597.00
191 Canandaigua National Corporation Canandaigua N.Y. 0.74 39,178 53,138 3,013,501.00
192 Customers Bancorp, Inc. Wyomissing Pa. 0.74 79,327 107,632 11,520,717.00
193 First Busey Corporation Champaign Ill. 0.73 102,953 140,473 9,695,729.00
194 Bank of New York Mellon Corporation New York N.Y. 0.73 4,441,000 6,063,000 381,508,000.00
195 Guaranty Bancshares, Inc. Addison Tex. 0.73 26,279 35,907 2,318,444.00
196 Frandsen Financial Corporation Arden Hills Minn. 0.73 28,411 38,920 2,112,362.00
197 Citizens Bancorp Investment, Inc. Lafayette Tenn. 0.73 11,230 15,400 944,079.00
198 Banner Corporation Walla Walla Wash. 0.73 146,278 201,130 12,604,031.00
199 First State Bancshares, Inc. Farmington Mo. 0.73 34,788 47,902 2,624,830.00
200 Fulton Financial Corporation Lancaster Pa. 0.73 226,338 311,934 21,861,927.00

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 May. 21, 2020.

© 2019 American Banker

Source:

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

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