Diversified banks with the highest profit margins

Ranked

65

of 72 diversified banks we cover

Median

29.7%

Highest

50.5%

CARE

Range

−2.5% to 50.5%

#	Company	Net margin	Operating margin	Revenue growth (TTM)	Market cap
1	CARECarter Bankshares	50.5%	n/m	+77.9%	$677.6M
2	WABCWestamerica Bancorporation	44.0%	n/m	−8.3%	$1.4B
3	CHCOCity	40.9%	n/m	+7.2%	$2B
4	CBNAChain Bridge Bancorp	40.9%	n/m	+15.4%	$334.7M
5	VABKVirginia National Bankshares	39.0%	n/m	+13.3%	$269.6M
6	FNLCFirst Bancorp	37.3%	n/m	+16.7%	$410.2M
7	BFCBank First	37.2%	n/m	+31.6%	$1.6B
8	CMTVCommunity Bancorp	35.4%	n/m	+15.9%	$237M
9	OPHCOptimumBank	34.9%	n/m	+36.3%	$205.9M
10	BANFBancfirst	34.8%	n/m	+9.4%	$3.7B
11	TBBKBancorp	34.5%	n/m	+6.5%	$2.1B
12	NKSHNational Bankshares	33.6%	n/m	+20.8%	$257.9M
13	WSBCWesbanco	33.6%	n/m	+38.1%	$3.7B
14	CACCamden National	33.4%	n/m	+23.4%	$977.3M
15	BCALCalifornia BanCorp	33.4%	n/m	+4.3%	$708.6M
16	FNBFNB	33.0%	n/m	+11.8%	$6.4B
17	WAFDWafd	32.8%	n/m	+7.8%	$2.2B
18	JPMJPMorgan Chase	32.5%	n/m	+13.2%	$881.4B
19	UMBFUMB Financial	32.3%	n/m	+39.3%	$10.3B
20	VLYValley National Bancorp	32.2%	n/m	+12.2%	$7.8B
21	ATLOAmes National	31.6%	n/m	+21.3%	$298.5M
22	ONBOld National Bancorp	31.4%	n/m	+34.1%	$9.7B
23	ZIONZions Bancorporation, National Association	31.3%	n/m	+15.2%	$9.7B
24	HAFCHanmi Financial	31.2%	n/m	+15.7%	$953.2M
25	FDBCFidelity D & D Bancorp	31.0%	n/m	+13.6%	$374.7M
26	FCFFirst Commonwealth Financial	30.8%	n/m	+11.5%	$2.1B
27	PRKPark National	30.5%	n/m	+14.8%	$3.3B
28	CFBKCF Bankshares	30.4%	n/m	+10.3%	$223.9M
29	HWBKHawthorn Bancshares	30.0%	n/m	+12.1%	$271.1M
30	FHNFirst Horizon	29.9%	n/m	+10.3%	$11.1B
31	SFSTSouthern First Bancshares	29.9%	n/m	+27.4%	$579.7M
32	CFRCullen/Frost Bankers	29.7%	n/m	+7.4%	$9.8B
33	NICNicolet Bankshares	29.7%	n/m	+41.0%	$3.6B
34	WSFSWSFS Financial	29.1%	n/m	+4.5%	$4B
35	PFISPeoples Financial Services	29.1%	n/m	+6.5%	$707.5M
36	FULTFulton Financial	29.0%	n/m	+6.7%	$4.5B
37	NBTBNBT Bancorp	28.8%	n/m	+19.4%	$2.7B
38	TRMKTrustmark	28.7%	n/m	+4.5%	$2.7B
39	BOKFBOK Financial	28.5%	n/m	+9.8%	$7.8B
40	FFBCFirst Financial Bancorp	28.3%	n/m	+18.3%	$3.4B
41	SHBIShore Bancshares	27.9%	n/m	+11.3%	$765.6M
42	USBU.S. Bancorp	27.6%	n/m	+6.7%	$92.8B
43	LARKLandmark Bancorp	26.9%	n/m	+14.4%	$199.1M
44	FRMEFirst Merchants	26.9%	n/m	+5.1%	$2.6B
45	FUNCFirst United	26.8%	n/m	+11.4%	$296.4M
46	SMBKSmartfinancial	26.8%	n/m	+14.5%	$843.6M
47	BHRBBurke & Herbert Financial Services	26.7%	n/m	+8.0%	$1.4B
48	CBUCommunity Financial System	26.6%	n/m	+10.0%	$3.3B
49	DCOMDime Commercial Bancshares	26.3%	n/m	+36.6%	$1.9B
50	WFCWells Fargo	26.3%	n/m	+5.4%	$249.1B
51	LCNBLCNB	25.5%	n/m	+9.0%	$281.3M
52	PNFPPinnacle Financial Partners	23.4%	n/m	+83.6%	$15.2B
53	NEWTNewtekOne	22.2%	n/m	+7.1%	$330.2M
54	CBNKCapital Bancorp	22.2%	n/m	+15.1%	$672.6M
55	HOPEHope Bancorp	22.2%	n/m	+29.4%	$1.8B
56	NWBINorthwest Bancshares	21.7%	n/m	+17.4%	$2.3B
57	CASHPathward Financial	21.3%	n/m	−0.8%	$1.6B
58	NBHCNational Bank	21.2%	n/m	+12.5%	$1.7B
59	CCitigroup	20.8%	n/m	+9.8%	$202.3B
60	MRBKMeridian	16.6%	n/m	+7.4%	$223.3M
61	AMTBAmerant Bancorp	13.4%	n/m	+17.1%	$1.2B
62	ALRSAlerus Financial	11.7%	n/m	−11.0%	$802.9M
63	OCFCOceanfirst Financial	10.8%	n/m	+13.5%	$1.6B
64	FSUNFirstsun Capital Bancorp	9.1%	n/m	+28.3%	$1.9B
65	BANCBanc of California	−2.5%	n/m	−13.3%	$2.8B

Not ranked: 2 with a margin moved by items that are not sales, 1 with revenue on file that misses what the bank earns, 1 with under $50M of revenue. 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.