S&P Global Market Intelligence releases inaugural deposit rankings for U.S. community banks
S&P Global Market Intelligence has released its first-ever U.S. Community Bank Deposit Rankings for 2024, highlighting banks with high concentrations of noninterest-bearing deposits as top performers. The rankings evaluate banks based on eight key metrics, including a new deposit efficiency metric.
In the Small Community Banks category (assets under $3B), Titan Bank leads with 46.79% noninterest-bearing deposit concentration, followed by Western Bank (59.17%) and Tejas Bank. For Large Community Banks ($3B-$10B assets), Stride Bank tops the list with 88.8% noninterest-bearing deposits, followed by First Community Bankshares and Amalgamated Financial Corp (50.10%).
The evaluation metrics include noninterest-bearing deposits ratio, cost of interest-bearing deposits, deposit beta, time deposits ratio, CD maturities, deposits to liabilities, deposit growth, and deposit efficiency.
S&P Global Market Intelligence ha pubblicato il suo primo ranking dei depositi delle comunità bancarie statunitensi per il 2024, evidenziando le banche con elevate concentrazioni di depositi non remunerati come le migliori performers. Le classifiche valutano le banche in base a otto metriche chiave, inclusa una nuova metrica di efficienza dei depositi.
Nella categoria Banche Comunitarie Piccole (attivi sotto i 3 miliardi di dollari), Titan Bank è in testa con una concentrazione di depositi non remunerati del 46,79%, seguita da Western Bank (59,17%) e Tejas Bank. Per le Banche Comunitarie Grandi (attivi tra i 3 e i 10 miliardi di dollari), Stride Bank è al primo posto con l'88,8% di depositi non remunerati, seguita da First Community Bankshares e Amalgamated Financial Corp (50,10%).
Le metriche di valutazione includono il rapporto di depositi non remunerati, il costo dei depositi remunerati, il beta dei depositi, il rapporto di depositi a termine, le scadenze dei certificati di deposito, i depositi rispetto alle passività, la crescita dei depositi e l'efficienza dei depositi.
S&P Global Market Intelligence ha publicado su primera clasificación de depósitos de bancos comunitarios en EE. UU. para 2024, destacando los bancos con altas concentraciones de depósitos no remunerados como los mejores. Las clasificaciones evalúan a los bancos en base a ocho métricas clave, incluyendo una nueva métrica de eficiencia de depósitos.
En la categoría de Bancos Comunitarios Pequeños (activos por debajo de 3 mil millones de dólares), Titan Bank lidera con una concentración de depósitos no remunerados del 46,79%, seguido de Western Bank (59,17%) y Tejas Bank. Para los Bancos Comunitarios Grandes (activos entre 3 mil millones y 10 mil millones de dólares), Stride Bank ocupa el primer lugar con un 88,8% de depósitos no remunerados, seguido de First Community Bankshares y Amalgamated Financial Corp (50,10%).
Las métricas de evaluación incluyen el ratio de depósitos no remunerados, el costo de depósitos remunerados, el beta de depósitos, el ratio de depósitos a plazo, los vencimientos de los certificados de depósito, los depósitos sobre pasivos, el crecimiento de depósitos y la eficiencia de los depósitos.
S&P Global Market Intelligence는 2024년 미국 커뮤니티 뱅크 예금 순위를 처음으로 발표하며, 비이자성 예금의 높은 비율을 가진 은행들을 성과가 뛰어난 은행으로 강조했습니다. 이 순위는 8개의 주요 지표를 기반으로 은행을 평가하며, 새로운 예금 효율성 지표도 포함되어 있습니다.
소형 커뮤니티 뱅크 카테고리(자산 30억 달러 이하)에서는 Titan Bank가 46.79%의 비이자성 예금 비율로 1위를 차지하며, Western Bank(59.17%)와 Tejas Bank가 뒤를 잇고 있습니다. 대형 커뮤니티 뱅크 (자산 30억~100억 달러)에서는 Stride Bank가 88.8%의 비이자성 예금을 기록하며 1위를 차지하고, First Community Bankshares와 Amalgamated Financial Corp(50.10%)가 뒤를 따릅니다.
평가 지표에는 비이자성 예금 비율, 이자성 예금 비용, 예금 베타, 정기 예금 비율, CD 만기, 부채 대비 예금, 예금 성장 및 예금 효율성이 포함됩니다.
S&P Global Market Intelligence a publié son premier classement des dépôts des banques communautaires américaines pour 2024, mettant en avant les banques avec de fortes concentrations de dépôts non rémunérés en tant que meilleures performeuses. Les classements évaluent les banques sur la base de huit indicateurs clés, y compris un nouvel indicateur d'efficacité des dépôts.
Dans la catégorie Petites Banques Communautaires (actifs inférieurs à 3 milliards de dollars), Titan Bank se classe en tête avec une concentration de dépôts non rémunérés de 46,79 %, suivie de Western Bank (59,17 %) et de Tejas Bank. Pour les Grandes Banques Communautaires (actifs entre 3 et 10 milliards de dollars), Stride Bank occupe la première place avec 88,8 % de dépôts non rémunérés, suivie de First Community Bankshares et d'Amalgamated Financial Corp (50,10 %).
Les indicateurs d'évaluation comprennent le rapport de dépôts non rémunérés, le coût des dépôts rémunérés, le beta des dépôts, le rapport des dépôts à terme, les échéances des certificats de dépôt, les dépôts par rapport aux passifs, la croissance des dépôts et l'efficacité des dépôts.
S&P Global Market Intelligence hat erstmals die US-Community-Bank-Deposit-Rankings für 2024 veröffentlicht und hebt Banken mit hohen Anteilen an nicht verzinslichen Einlagen als Top-Performer hervor. Die Rankings bewerten Banken anhand von acht Schlüsselkennzahlen, einschließlich einer neuen Kennzahl für die Effizienz von Einlagen.
In der Kategorie der kleinen Community-Banken (Vermögen unter 3 Mrd. USD) führt die Titan Bank mit einer Konzentration von 46,79% an nicht verzinslichen Einlagen, gefolgt von der Western Bank (59,17%) und der Tejas Bank. Bei den großen Community-Banken (Vermögen von 3 bis 10 Mrd. USD) steht die Stride Bank mit 88,8% nicht verzinslichen Einlagen an der Spitze, gefolgt von First Community Bankshares und Amalgamated Financial Corp (50,10%).
Die Bewertungskennzahlen umfassen das Verhältnis nicht verzinslicher Einlagen, die Kosten für verzinsliche Einlagen, den Einlagen-Beta, das Verhältnis von Termingeldern, CD-Fälligkeiten, Einlagen zu Verbindlichkeiten, das Wachstum von Einlagen und die Effizienz von Einlagen.
- Introduction of comprehensive deposit rankings system providing valuable market insights
- Stride Bank showed remarkable growth from $700M to $3.74B in assets (2019-2024)
- First Community Bankshares maintained low cost of interest-bearing deposits at 0.85%
- None.
Insights
This launch of comprehensive deposit rankings represents a strategic expansion of S&P Global's analytical capabilities in the banking sector, reinforcing its position as a leading financial intelligence provider. The introduction of a novel deposit efficiency metric demonstrates S&P Global's innovation in financial analytics and its ability to create differentiated products that address important industry needs.
The timing of this release is particularly significant, coming after the 2023 banking crisis which highlighted the critical importance of deposit stability. By focusing on metrics like noninterest-bearing deposit concentrations and deposit efficiency, S&P Global is providing essential tools for evaluating bank resilience in a high-rate environment. The new ranking system creates a competitive moat for S&P Global by offering unique insights that aren't readily available from other providers.
From a business perspective, this product launch strengthens S&P Global's market intelligence division by:
- Expanding its suite of proprietary banking sector analytics
- Creating new revenue opportunities through specialized data products
- Enhancing its value proposition to banking sector clients
- Differentiating its services from competitors like Moody's and Fitch
The comprehensive nature of these rankings, incorporating eight distinct metrics, positions S&P Global as an authoritative source for bank analysis, potentially driving increased demand for its market intelligence services. This could contribute to steady revenue growth in its Market Intelligence segment, which has been a key driver of the company's performance.
Rankings include new deposit efficiency metric measuring cost of bank operations
"Deposits represent the true value of a banking franchise," said Nathan Stovall, director of financial institutions research, S&P Global Market Intelligence. "Analyzing different deposit franchises at this point in the rate cycle highlights which banks' deposits performed the best during the Federal Reserve's tightening cycle."
Top Small Community Banks (Assets Under
- Titan Bank, NA: Titan Bank led the small community bank category, boasting a remarkable noninterest-bearing deposit concentration of
46.79% as of September 30, 2024. The bank has demonstrated a consistent average deposit growth of5.4% over the last eight quarters. - Western Bank, Artesia,
New Mexico : Western Bank secured the second spot with a noninterest-bearing deposit concentration of59.17% as of September 30, 2024. The company outperformed its peers in all eight metrics analyzed in the rankings. - Tejas Bank: Tejas Bank rounded out the top three with a low cost of interest-bearing deposits and strong deposit efficiency ratio. The latter measures noninterest expense, excluding amortization and impairments, less service charges on deposits against average deposits.
Top Large Community Banks (Assets Between
- Stride Bank, NA: Stride Bank took the top spot in the large community bank category, achieving an impressive noninterest-bearing deposit concentration of
88.8% . The bank has experienced substantial growth, increasing its assets from$700 million $3.74 billion - First Community Bankshares Inc.: First Community Bankshares secured the second position. The bank, which has a number of rural markets in its footprint, reported a cost of interest-bearing deposits of just
0.85% for the 12 months ended September 30, 2024. - Amalgamated Financial Corp.: With a focus on impact segments, Amalgamated Financial Corp. earned the third spot, showcasing a high concentration of noninterest-bearing deposits at
50.10% as of September 30, 2024.
The rankings were based on weighted averages of eight metrics: noninterest-bearing deposits to total deposits, cost of interest-bearing deposits, interest-bearing deposit beta, time deposits to total deposits, CDs maturing in 12 months to total deposits, deposits to liabilities, average deposit growth and deposit efficiency. The new deposit efficiency metric is calculated by comparing noninterest expense excluding amortization and impairment less service charges on deposits to average deposits. The ratio captures how effectively a bank operates its deposit franchise beyond just interest expenses.
Click here to view the S&P Global Market Intelligence's 2024 U.S. Large Community Bank Deposit Rankings. Click here to view the S&P Global Market Intelligence's 2024 U.S. Small Community Bank Deposit Rankings.
S&P Global Market Intelligence's opinions, quotes, and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendation to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security.
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FAQ
What are the top 3 large community banks in S&P Global's 2024 deposit rankings?
What percentage of noninterest-bearing deposits does Stride Bank (SPGI ranked #1) have?
How does S&P Global calculate the new deposit efficiency metric?
What are the 8 metrics used in S&P Global's 2024 bank deposit rankings?
Which bank leads S&P Global's 2024 small community bank rankings?
