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Article: Bank Director Magazine Announces Top 150 Performers in Third Annual Bank Performance Scorecard.
- Article from:
- PR Newswire
- Article date:
- November 15, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov. 15 /PRNewswire/ -- Bank Director magazine today announces the results of its third annual Bank Performance Scorecard. The Scorecard measures the performance of the country's largest banks and thrifts across a range of profitability, capitalization, and asset quality metrics.
This year's top overall performer is newcomer Frontier Financial Corp., a $3.6 billion, 51-branch bank based in Everett, Washington. Frontier emerged as one of the 150 largest institutions after adding some $400 million in new loans since last June.
"Our ranking is unique in that we don't focus on a single performance measurement, such as return on equity or deposit ...