RBC looks to next crop of "best managed" banks


"We maintain our contention that as the tailwind of credit improvement subsides, banks must renew their focus on core profitability to compensate for the persistent low interest rate environment, increased regulations and modest loan growth," writes RBC Capital, trying to say the easy money's been made for banks and now those with the strongest managements will be the ones to prosper going forward.

No surprise, an RBC survey finds Wells Fargo (WFC +1%) and U.S. Bancorp (USB +0.8%) as the best-managed banks (defining this by ROA and ROTCE), with Capital One (COF +1.4%) ranking high as well. The team comes up with a list of seven "up and comers" perhaps poised to join the ranks of "best managed":

BB&T (BBT +0.5%), Huntington Bancshares (HBAN +0.9%), Fifth Third (FITB +0.7%), JPMorgan (JPM +0.9%), M&T Bank (MTB), PNC Financial (PNC +1%), and SunTrust (STI +0.7%).

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Comments (2)
  • donbcms
    , contributor
    Comments (38) | Send Message
     
    M&T Bank should NEVER join the ranks of "best managed"; NOT when you look at the "Screwing", Hermance and M&T gave the stockholders of HCBK with the "NO-BID" Merger?? HCBK WAS definitely among "best managed"...but???
    17 Mar 2014, 03:02 PM Reply Like
  • donbcms
    , contributor
    Comments (38) | Send Message
     
    M&T Bank (MTB) should NEVER be ranked as "best managed"; NOT when you look at the "screwing" Hermance and M&T gave the shareholders of HCBK with the "NO-BID" merger deal?? HCBK WAS definitlely among "best managed"...BUT What Happened?? Deals & "Parachutes"??
    17 Mar 2014, 03:15 PM Reply Like
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