“BCT is honored to be recognized as one of the 200 best performing community banks in the country,” stated Alice P. Frazier, BCT’s President and CEO. “I am especially proud of our employees who work tirelessly to provide great experiences for our clients which builds generational relationships that produce results like this Top 200 recognition.”
Each year American Banker publishes the list of the top 200 performing publicly traded banks with under $2 billion in assets. The data is compiled and analyzed by the consulting firm Capital Performance Group. Capital Performance Group conducts the rankings analysis using data provided by S&P Global Market Intelligence, which drew on Security and Exchange Commission filings. Banks making this year's list, which was based on data from year-end 2022, posted a lower median efficiency ratio, higher median net interest margin and a stronger median net loan growth compared with all publicly traded community banks. (See here for a full methodology.)
The top 200 banks also had a median return on average equity of 14.16%, compared with 11.67% for all publicly traded banks in this asset class. The three-year average for this figure was 12.6% for the top performers. That's more than 2 percentage points higher than their peers.