Q2 Powers the Majority of America’s Best Banks

Q2 Holdings announced that nearly 60% of the banks featured on Forbes' America's Best Banks list are Q2 customers.

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05/14/2024 - 11:00 AM

Nearly 60 percent of Forbes’ list of America’s Best Banks are Q2 customers

AUSTIN, Texas--(BUSINESS WIRE)-- Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that nearly 60 percent of those recognized on the Forbes' America's Best Banks list are customers of Q2.

The annual Forbes’ America’s Best Banks list looks at 10 metrics measuring growth, credit quality and profitability for the 2023 calendar year, as well as stock performance in the 12 months through March 18, 2024. The 10 equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets as a percentage of total assets; reserves as a percentage of total assets; risk-based capital ratio; operating revenue growth; and net charge-offs as a percentage of total loans.

The top 200 largest publicly traded banks and thrifts by asset size were eligible for the list and the top 100 were ranked by Forbes. Of the top 100 banks, 58 are Q2 customers using one or more of Q2’s comprehensive, data-driven digital engagement solutions for consumers, small businesses, and corporate clients, which include solutions such as our digital banking platform, loan and depository relationship pricing, account opening and primacy, risk and fraud, and more.

“Our mission is to build strong and diverse communities by strengthening their financial institutions, and to see so many of our customers recognized is a testament to the strength of our partnerships and the role the digital experience plays in enabling banks to thrive and succeed,” said Matt Flake, CEO, Q2. “We congratulate the banks that are recognized and are proud to see our customers positioned as leaders within the banking industry.”

Please visit https://www.q2.com to learn how Q2’s solutions help banks and credit unions provide a better digital experience.

About Q2 Holdings, Inc.

Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institutions and fintech customers to provide comprehensive, data-driven digital engagement solutions for consumers, small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and X to stay up to date.