Kish Bancorp, Inc. Named to American Banker Magazine Top 100 Publicly Traded Community Banks

Rhea-AI Summary

Kish Bancorp (OTCQX: KISB), the parent company of Kish Bank, has been named to American Banker magazine's annual list of the Top 100 Publicly Traded Community Banks and Thrifts under $2 billion in asset size.

Ranked 38th, the listing is based on a three-year average return on equity (ROE) as of December 31, 2023, according to Capital Performance Group.

This marks the 16th time in the past 17 years that Kish Bancorp has been included in this prestigious list. The company attributes its consistent recognition to its dedicated staff and their focus on customer and community performance, amid a backdrop of double-digit average annual growth in total assets.

Positive

• Ranked 38th on American Banker magazine's Top 100 Publicly Traded Community Banks and Thrifts under $2 billion in assets.
• Achieved ranking based on a three-year average return on equity (ROE) as of December 31, 2023.
• Included in the Top 100 list for 16 of the last 17 years.
• Reported double-digit average annual growth in total assets.

Negative

• The list only includes banks with less than $2 billion in assets, indicating Kish Bancorp remains a relatively small player in the sector.
• The ranking is based on historical data up to December 2023, which may not reflect current or future performance.

STATE COLLEGE, Pa.--(BUSINESS WIRE)-- Kish Bancorp, Inc. (OTCQX: KISB), parent company of Kish Bank, today announced its inclusion in American Banker magazine’s annual list of Top 100 Publicly Traded Community Banks and Thrifts under $2.0 billion in asset size.

In its June 10, 2024 article, American Banker ranked Kish Bancorp, Inc. 38^th on its Top 100 Publicly Traded Community Banks and Thrifts list based on three-year average return on equity (“ROE”) as of 12/31/2023 (Source: Capital Performance Group). The rankings are derived from all publicly traded banks and thrifts in the U.S. with less than $2 billion in assets.

“It is an honor to once again be recognized on this prestigious list of top-performing community banks by American Banker magazine,” stated William P. Hayes, Executive Chairman of Kish Bank and Kish Bancorp, Inc. “Being listed in the Top 100 is a great affirmation of our extraordinary staff and their focus on performance for our customers and communities. I am especially proud that this marks our 16^th of the last 17 years of being ranked as a top-performing community bank by American Banker, all against a backdrop of double-digit average annual growth in total assets. We recognize that the fight for sustainability in a consolidating industry means a disciplined focus on our clients by one of the top teams in community banking.”

About Kish Bancorp, Inc.

Kish Bancorp, Inc. is a diversified financial services corporation headquartered in Belleville, PA with executive offices in State College and an Innovation Center in Reedsville. Kish Bank, a subsidiary of Kish Bancorp, Inc., operates 18 offices and financial centers serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties, and northeastern Ohio. In addition to Kish Bank, other business units include: Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers trust, fiduciary, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; and Kish Travel, a full-service travel agency. KISB is the OTCQX stock ticker symbol for Kish Bancorp, Inc. For additional information, please visit ir.kishbancorp.com or otcmarkets.com/stock/KISB.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614933822/en/

Amanda Dutrow, AVP, Administrative Services Manager, 814-325-7252

Source: Kish Bancorp, Inc.

FAQ

What is Kish Bancorp's stock symbol?

Kish Bancorp's stock symbol is KISB.

When was Kish Bancorp named to American Banker's Top 100 list?

Kish Bancorp was named to the list in an article published on June 10, 2024.

What ranking did Kish Bancorp achieve in the American Banker list?

Kish Bancorp was ranked 38th on the list.

What criteria were used for American Banker's ranking?

The ranking was based on a three-year average return on equity (ROE) as of December 31, 2023.

How many times has Kish Bancorp been included in American Banker's Top 100 list?

Kish Bancorp has been included 16 times in the past 17 years.