Forbes magazine recently ranked Community Bank sixth in the nation for financial performance in a study analyzing 10 key metrics related to growth, asset quality, capital adequacy and profitability …
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Forbes magazine recently ranked Community Bank sixth 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 seventh year running that Community Bank 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 of the late 2000s. Midsize, regional and national banks from across the United States were included in the study. Community Bank scored above all regional banks serving within the bank’s footprint, including M&T Bank, NBT Bank, PNC, People’s United Financial, Key Bank and Bank of America.
“We’re extremely proud to once again receive top honors from Forbes on its America’s Best Banks list,” Community Bank N.A. CEO and President Mark Tryniski said in a prepared statement. “Our highest commitment at Community Bank N.A. is to our customers and delivering them a high level of performance, as we know how important it is to have trust in your bank’s financial stability.”
The raw data for Forbes’ 2018 America’s Best Banks was collected by S&P Global Market Intelligence and rankings were completed exclusively by Forbes. The 10 metrics used in the rankings are based on regulatory filings through Sept. 30. For more information on the ranking methodology and to view the complete list, visit Forbes.com.