Top Ranked US Bank Stocks to Invest

Where to Invest Your Money? Looking for the Top US Bank Stocks to invest in? Here's the list:

According to the "2008 Bank Performance Scorecard: America's Top 150 Banks" by Bank Director Magazine, Glacier Bancorp Inc is ranked as the No. 1 Bank in 2008, followed by First Financial Bankshares in 2nd place and SVB Financial Group in 3rd place.

The Top 5 Banks are:

Rank, Bank, Ticker, Dividend Yield, Home Office

1 Glacier Bancorp Inc GBCI 3.27% Kalispell, Montana

2 First Financial Bankshares FFIN 3.03% Abilene, Texas

3 SVB Financial Group SIVB N/A Santa Clara, California

4 Bank of Hawaii Corp BOH 4.88% Honolulu, Hawaii

5 Westamerica Bancorp WABC 3.42% San Rafeal, California

The top banks are ranked based on a performance scorecard with 6 different metrics including:

Glacier Bancorp Inc is the largest publicly traded banking company in the Inland Northwest, with 94 branches and assets of $5.5 billion. It has principal subsidiaries such as Glacier Bank of Kalispell, First Security Bank of Missoula, Valley Bank of Helena, Big Sky Western Bank of Bozeman, Western Security Bank of Billings, First Bank of Montana, Lewistown; Mountain West Bank in Idaho, Utah and Washington; 1st Bank in Wyoming; Citizens Community Bank in Idaho, Bank of the San Juans in Colorado, and First National Bank of Morgan in Utah.

First Financial Bankshares is the second top performing bank in the US. It operates 10 chartered banks with 48 locations in Texas. The bank subsidiaries include First Financial Bank, N.A., Abilene, Albany, Clyde and Moran; First Financial Bank, N.A., Eastland, Ranger and Rising Star; First Financial Bank, N.A., Cleburne, Burleson, Alvarado and Midlothian; Hereford State Bank, Hereford; First Financial Bank, N.A., Mineral Wells; San Angelo National Bank, San Angelo; First Financial Bank, N.A., Sweetwater, Roby, Trent and Merkel; etc. FFIN pays a dividend of 3.03%.

SVB Financial Group serves about 11,000 clients around the world through its 27 domestic offices and international subsidiaries. It has more than 1,200 employees and $8 billion in assets. International subsidiaries are located in Bangalore, India; Mumbai, India; Herzliya Pituach, Israel; Shanghai, China; and London, United Kingdom.

* Next: Top Performing Banks in US

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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