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Forbes ranks Community Bank, with branches in St. Lawrence County, third in nation for financial performance

Posted 2/17/19

Forbes magazine recently ranked Community Bank N.A., which has several St. Lawrence County locations, third in the nation for financial performance in a study analyzing 10-key metrics related to …

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Forbes ranks Community Bank, with branches in St. Lawrence County, third in nation for financial performance

Posted

Forbes magazine recently ranked Community Bank N.A., which has several St. Lawrence County locations, third in the nation for financial performance in a study analyzing 10-key metrics related to growth, asset quality, capital adequacy and profitability for the nation’s 100 largest banks and thrifts. This is the eighth year running that Community Bank N.A. has ranked among the top 15 banks on the list.

Forbes began ranking America’s 100 largest publicly traded banks and thrifts after the financial crisis in the late 2000s. Midsize, regional and national banks from across the United States were included in the study. Community Bank N.A. scored above all regional banks serving within the bank’s footprint, including M&T Bank, PNC, JPMorgan, People’s United Financial, Key Bank and Bank of America.

This is the second time Community Bank N.A. has placed within the top three banks in the nation, also ranking third on Forbes’ 2017 list. Last year the bank placed among the top 10 in the nation in sixth place.