RANKINGS

Highest ROE — Financials

Return on Equity measures how efficiently a company generates profit from shareholder equity.

243 companies with ROE data.

Ranked by ROE(243)

#	Ticker	Name	Industry	Market Cap	ROE
1	AXP	American Express Co Analysis WACC DCF	Finance Services	$224.2B	32.4%
2	TBBK	THE BANCORP, INC. Analysis WACC DCF	Banks	$2.5B	27.5%
3	EEFT	EURONET WORLDWIDE INC Analysis WACC DCF	Banks	$2.8B	24.9%
4	CASH	PATHWARD FINANCIAL, INC. Analysis WACC DCF	Banks	$2.1B	21.7%
5	SYF	SYNCHRONY FINANCIAL Analysis WACC DCF	Finance Services	$26.3B	21.2%
6	ESQ	Esquire Financial Holdings, Inc. Analysis WACC DCF	Banks	$981M	18.4%
7	FBP	First BanCorp. Analysis WACC DCF	Banks	$3.5B	17.9%
8	USIO	USIO, INC. Analysis WACC DCF	Banks	$33M	17.3%
9	AX	AXOS FINANCIAL, INC. Analysis WACC DCF	Banks	$5.3B	16.1%
10	CHCO	CITY HOLDING COMPANY Analysis WACC DCF	Banks	$1.8B	16.0%
11	CBSH	COMMERCE BANCSHARES, INC. Analysis WACC DCF	Banks	$7.4B	15.9%
12	NTRS	NORTHERN TRUST CORP Analysis WACC DCF	Banks	$28.9B	15.9%
13	OFG	OFG Bancorp Analysis WACC DCF	Banks	$1.8B	15.8%
14	JPM	JPMorgan Chase & Co Analysis WACC DCF	Banks	$833.6B	15.7%
15	TD	TORONTO-DOMINION BANK Analysis WACC DCF	Banks	$172.1B	15.7%
16	WABC	WESTAMERICA BANCORPORATION Analysis WACC DCF	Banks	$1.3B	15.6%
17	EWBC	EAST WEST BANCORP, INC. Analysis WACC DCF	Banks	$16.1B	15.1%
18	NECB	NORTHEAST COMMUNITY BANCORP, INC. Analysis WACC DCF	Banks	$346M	14.8%
19	IBCP	INDEPENDENT BANK CORPORATION Analysis WACC DCF	Banks	$715M	14.7%
20	IBOC	INTERNATIONAL BANCSHARES CORPORATION Analysis WACC DCF	Banks	$4.5B	14.6%
21	CBNA	Chain Bridge Bancorp, Inc. Analysis WACC DCF	Banks	$237M	14.5%
22	RY	ROYAL BANK OF CANADA Analysis WACC DCF	Banks	$243.6B	14.3%
23	CFR	CULLEN/FROST BANKERS, INC. Analysis WACC DCF	Banks	$9.0B	14.2%
24	UNTY	UNITY BANCORP, INC. Analysis WACC DCF	Banks	$552M	14.0%
25	FFIN	First Financial Bankshares, Inc. Analysis WACC DCF	Banks	$4.5B	13.9%
26	NRIM	NORTHRIM BANCORP, INC. Analysis WACC DCF	Banks	$543M	13.8%
27	LKFN	LAKELAND FINANCIAL CORP Analysis WACC DCF	Banks	$1.6B	13.7%
28	MBWM	MERCANTILE BANK CORPORATION Analysis WACC DCF	Banks	$925M	13.6%
29	BANF	BancFirst Corporation Analysis WACC DCF	Banks	$3.8B	13.3%
30	SAN	Banco Santander, S.A. Analysis WACC DCF	Banks	$181.0B	13.3%
31	HBT	HBT Financial, Inc. Analysis WACC DCF	Banks	$1.0B	13.2%
32	UNB	UNION BANKSHARES, INC. Analysis WACC DCF	Banks	$112M	13.2%
33	GCBC	GREENE COUNTY BANCORP, INC. Analysis WACC DCF	Banks	$400M	13.0%
34	CMTV	Community Bancorp./VT Analysis WACC DCF	Banks	$188M	13.0%
35	HSBC	HSBC Holdings plc Analysis WACC DCF	Banks	$313.4B	13.0%
36	WTBA	WEST BANCORPORATION, INC. Analysis WACC DCF	Banks	$422M	13.0%
37	EFSI	EAGLE FINANCIAL SERVICES, INC. Analysis WACC DCF	Banks	$210M	12.9%
38	CM	CANADIAN IMPERIAL BANK OF COMMERCE Analysis WACC DCF	Banks	$97.7B	12.9%
39	ZION	ZIONS BANCORPORATION, NATIONAL ASSOCIATION Analysis WACC DCF	Banks	$9.1B	12.8%
40	UMBF	UMB FINANCIAL CORP Analysis WACC DCF	Banks	$9.2B	12.7%
41	OPHC	OPTIMUMBANK HOLDINGS, INC. Analysis WACC DCF	Banks	$64M	12.7%
42	OSBC	OLD SECOND BANCORP INC Analysis WACC DCF	Banks	$1.1B	12.7%
43	PEBK	PEOPLES BANCORP OF NORTH CAROLINA, INC. Analysis WACC DCF	Banks	$223M	12.5%
44	FCNCA	FIRST CITIZENS BANCSHARES INC /DE/ Analysis WACC DCF	Banks	$23.6B	12.5%
45	SRCE	1st Source Corporation Analysis WACC DCF	Banks	$1.8B	12.4%
46	HWBK	HAWTHORN BANCSHARES, INC. Analysis WACC DCF	Banks	$236M	12.2%
47	SYBT	STOCK YARDS BANCORP, INC. Analysis WACC DCF	Banks	$2.1B	12.2%
48	PRK	PARK NATIONAL CORPORATION Analysis WACC DCF	Banks	$3.1B	12.2%
49	AGM	FEDERAL AGRICULTURAL MORTGAGE CORPORATION Analysis WACC DCF	Consumer Finance	$1.8B	12.1%
50	FSBW	FS Bancorp, Inc. Analysis WACC DCF	Banks	$303M	11.8%
51	FITB	Fifth Third Bancorp Analysis WACC DCF	Banks	$45.1B	11.8%
52	GABC	German American Bancorp, Inc. Analysis WACC DCF	Banks	$1.7B	11.7%
53	UBCP	UNITED BANCORP, INC. Analysis WACC DCF	Banks	$94M	11.7%
54	PNC	PNC FINANCIAL SERVICES GROUP, INC Analysis WACC DCF	Banks	$89.2B	11.5%
55	FUNC	First United Corporation Analysis WACC DCF	Banks	$245M	11.5%
56	QCRH	QCR HOLDINGS, INC. Analysis WACC DCF	Banks	$1.5B	11.4%
57	TRMK	TRUSTMARK CORP Analysis WACC DCF	Banks	$2.6B	11.4%
58	BSRR	SIERRA BANCORP Analysis WACC DCF	Banks	$473M	11.4%
59	SPFI	South Plains Financial, Inc. Analysis WACC DCF	Banks	$724M	11.3%
60	FMNB	Farmers National Banc Corp. Analysis WACC DCF	Banks	$825M	11.3%
61	HWC	HANCOCK WHITNEY CORPORATION Analysis WACC DCF	Banks	$5.5B	11.2%
62	TSBK	TIMBERLAND BANCORP, INC. Analysis WACC DCF	Banks	$326M	11.1%
63	WFC	WELLS FARGO & COMPANY/MN Analysis WACC DCF	Banks	$250.4B	11.0%
64	CHMG	CHEMUNG FINANCIAL CORPORATION Analysis WACC DCF	Banks	$284M	11.0%
65	WTFC	WINTRUST FINANCIAL CORP Analysis WACC DCF	Banks	$9.8B	11.0%
66	BPOP	POPULAR, INC. Analysis WACC DCF	Banks	$9.4B	10.9%
67	CTBI	Community Trust Bancorp, Inc. Analysis WACC DCF	Banks	$1.2B	10.9%
68	SBSI	SOUTHSIDE BANCSHARES, INC. Analysis WACC DCF	Banks	$983M	10.9%
69	SMBC	SOUTHERN MISSOURI BANCORP, INC. Analysis WACC DCF	Banks	$743M	10.8%
70	USB	US BANCORP \DE\ Analysis WACC DCF	Banks	$87.1B	10.8%
71	FNLC	FIRST BANCORP, INC Analysis WACC DCF	Banks	$329M	10.7%
72	RRBI	Red River Bancshares, Inc. Analysis WACC DCF	Banks	$627M	10.7%
73	CCBG	Capital City Bank Group, Inc. Analysis WACC DCF	Banks	$799M	10.7%
74	VABK	VIRGINIA NATIONAL BANKSHARES CORPORATION Analysis WACC DCF	Banks	$223M	10.6%
75	STT	STATE STREET CORPORATION Analysis WACC DCF	Banks	$39.3B	10.6%
76	NIC	NICOLET BANKSHARES, INC. Analysis WACC DCF	Banks	$3.4B	10.6%
77	PEBO	PEOPLES BANCORP INC. Analysis WACC DCF	Banks	$1.2B	10.5%
78	ACNB	ACNB CORPORATION Analysis WACC DCF	Banks	$530M	10.5%
79	COLB	COLUMBIA BANKING SYSTEM, INC. Analysis WACC DCF	Banks	$8.4B	10.4%
80	FCAP	FIRST CAPITAL, INC. Analysis WACC DCF	Banks	$179M	10.4%
81	CBU	COMMUNITY FINANCIAL SYSTEM, INC. Analysis WACC DCF	Banks	$3.3B	10.4%
82	TCBX	THIRD COAST BANCSHARES, INC. Analysis WACC DCF	Banks	$685M	10.3%
83	GSBC	GREAT SOUTHERN BANCORP, INC. Analysis WACC DCF	Banks	$740M	10.3%
84	COFS	ChoiceOne Financial Services, Inc. Analysis WACC DCF	Banks	$454M	10.3%
85	RBCAA	REPUBLIC BANCORP, INC. Analysis WACC DCF	Banks	$1.5B	10.2%
86	FDBC	FIDELITY D & D BANCORP, INC. Analysis WACC DCF	Banks	$264M	10.2%
87	WSFS	WSFS FINANCIAL CORPORATION Analysis WACC DCF	Banks	$3.6B	10.2%
88	EFSC	ENTERPRISE FINANCIAL SERVICES CORP Analysis WACC DCF	Banks	$2.1B	10.2%
89	FCF	FIRST COMMONWEALTH FINANCIAL CORP /PA/ Analysis WACC DCF	Banks	$1.9B	10.1%
90	CATY	Cathay General Bancorp Analysis WACC DCF	Banks	$3.6B	10.0%
91	CAC	CAMDEN NATIONAL CORP Analysis WACC DCF	Banks	$868M	10.0%
92	HTB	HOMETRUST BANCSHARES, INC. Analysis WACC DCF	Banks	$758M	9.9%
93	TMP	Tompkins Financial Corp Analysis WACC DCF	Banks	$1.2B	9.9%
94	CPF	CENTRAL PACIFIC FINANCIAL CORP Analysis WACC DCF	Banks	$898M	9.9%
95	FCBC	FIRST COMMUNITY BANKSHARES, INC. Analysis WACC DCF	Banks	$818M	9.8%
96	MTB	M&T BANK CORPORATION Analysis WACC DCF	Banks	$32.7B	9.8%
97	BOKF	BOK FINANCIAL CORP Analysis WACC DCF	Banks	$8.2B	9.8%
98	LYG	Lloyds Banking Group plc Analysis WACC DCF	Banks	$81.9B	9.7%
99	BMO	BANK OF MONTREAL Analysis WACC DCF	Banks	$104.6B	9.7%
100	FCCO	FIRST COMMUNITY CORPORATION Analysis WACC DCF	Banks	$289M	9.7%

How to turn this ranking into valuation work

Start with the company page

Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.

Then validate WACC

A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.

Finish with DCF

Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.

ROE Rankings in Other Sectors

Agriculture

Communication Services

Construction

Consumer Discretionary

Data updated daily · Source: SEC EDGAR, Polygon.io