Gateway Bank was ranked #13 in S&P Global Market Intelligence’s Top 100 Community Banks with less than $3 billion in assets for 2021! Read the full story here.
The following is an excerpt from an official S&P Global Market Intelligence press release. See the full release here.
S&P Global Market Intelligence released its annual rankings for 2021’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets below $3 billion and top-performing credit unions. The organization also introduced a new category – top performing U.S. public banks – that ranks the financial performance of publicly-traded banks with more than $10 billion in total assets at year-end 2021.
S&P Global Market Intelligence launched the rankings more than a decade ago to assess the performance of community banks and credit unions. The division ranks institutions based on returns, growth and efficiency but places a premium on the strength and risk profile of balance sheets.
“Banks and credit unions support our country’s economic growth and stability which has been critical over the last year. Small business continues to drive the American economy and community banks and credit unions make up the engine that drives small business. We’re delighted to see the success of these regional banks, community banks and credit unions as they continue to be well-utilized in their markets during economic uncertainty and we’re proud to recognize these top performers in our annual rankings,” said Jimmy Pittenger, Senior Director of Financial Institutions at S&P Global Market Intelligence.
Click here to access the full list of top performing U.S. public banks, community banks and credit unions for 2021.
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