Diversified banks cheapest against their own PE history

Ranked

51

of 72 diversified banks we cover

Median

44th pct

Lowest

4th pct

CBU

Range

4th pct to 86th pct

#	Company	PE vs its 10 years	PE	Its 10y median PE	Market cap
1	CBUCommunity Financial System	4th pct	14.5×	19.1×	$3.3B
2	ZIONZions Bancorporation, National Association	14th pct	8.4×	10.8×	$9.7B
3	WAFDWafd	16th pct	9.3×	12.4×	$2.2B
4	NKSHNational Bankshares	21st pct	12.7×	16.5×	$257.9M
5	UMBFUMB Financial	24th pct	11.3×	13.0×	$10.3B
6	ASRVAmeriserv Financial	26th pct	9.4×	11.8×	$81M
7	WSBCWesbanco	27th pct	11.3×	13.6×	$3.7B
8	ONBOld National Bancorp	30th pct	11.3×	13.2×	$9.7B
9	CASHPathward Financial	30th pct	9.7×	11.5×	$1.6B
10	VABKVirginia National Bankshares	31st pct	10.9×	12.1×	$269.6M
11	NBTBNBT Bancorp	32nd pct	12.9×	14.2×	$2.7B
12	WFCWells Fargo	33rd pct	11.6×	12.7×	$249.1B
13	BACBank of America	33rd pct	12.0×	13.5×	$353.6B
14	BANFBancfirst	34th pct	15.0×	16.3×	$3.7B
15	TRMKTrustmark	34th pct	11.8×	13.6×	$2.7B
16	WABCWestamerica Bancorporation	36th pct	13.5×	18.1×	$1.4B
17	USBU.S. Bancorp	37th pct	11.9×	12.6×	$92.8B
18	FHNFirst Horizon	40th pct	11.2×	12.6×	$11.1B
19	SHBIShore Bancshares	40th pct	11.6×	13.0×	$765.6M
20	SFSTSouthern First Bancshares	40th pct	13.2×	15.3×	$579.7M
21	AROWArrow Financial	40th pct	12.4×	13.8×	$710.8M
22	BOKFBOK Financial	40th pct	12.1×	12.8×	$7.8B
23	FDBCFidelity D & D Bancorp	41st pct	12.3×	13.6×	$374.7M
24	FNBFNB	41st pct	10.8×	11.3×	$6.4B
25	VLYValley National Bancorp	41st pct	11.9×	12.5×	$7.8B
26	CACCamden National	44th pct	11.1×	11.7×	$977.3M
27	HAFCHanmi Financial	45th pct	10.8×	11.2×	$953.2M
28	CFRCullen/Frost Bankers	47th pct	14.8×	15.0×	$9.8B
29	LCNBLCNB	47th pct	11.4×	11.7×	$281.3M
30	FFBCFirst Financial Bancorp	50th pct	11.5×	11.5×	$3.4B
31	DCOMDime Commercial Bancshares	51st pct	15.6×	15.4×	$1.9B
32	PNFPPinnacle Financial Partners	52nd pct	13.8×	13.4×	$15.2B
33	WSFSWSFS Financial	52nd pct	13.2×	13.0×	$4B
34	PFISPeoples Financial Services	53rd pct	12.5×	12.1×	$707.5M
35	CCitigroup	54th pct	11.8×	10.5×	$202.3B
36	FNLCFirst Bancorp	56th pct	10.8×	10.3×	$410.2M
37	FISIFinancial Institutions	56th pct	10.1×	9.1×	$799.7M
38	HWBKHawthorn Bancshares	58th pct	10.7×	10.2×	$271.1M
39	SMBKSmartfinancial	58th pct	14.6×	13.9×	$843.6M
40	CHCOCity	61st pct	15.6×	15.0×	$2B
41	PRKPark National	62nd pct	16.4×	15.5×	$3.3B
42	FCFFirst Commonwealth Financial	63rd pct	12.9×	12.2×	$2.1B
43	FRMEFirst Merchants	64th pct	13.0×	11.8×	$2.6B
44	HOPEHope Bancorp	65th pct	14.1×	11.7×	$1.8B
45	JPMJPMorgan Chase	65th pct	13.9×	12.9×	$881.4B
46	FUNCFirst United	65th pct	11.9×	9.8×	$296.4M
47	CFBKCF Bankshares	67th pct	11.8×	8.6×	$223.9M
48	NBHCNational Bank	68th pct	16.3×	14.1×	$1.7B
49	OCFCOceanfirst Financial	72nd pct	19.7×	13.1×	$1.6B
50	LARKLandmark Bancorp	81st pct	10.1×	8.7×	$199.1M
51	NICNicolet Bankshares	86th pct	19.5×	14.5×	$3.6B

Not ranked: 13 with under ten years of history, 5 with no PE (losses over the last year). 3 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.