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CFG Bank named No. 7 best-performing community bank by Independent Banker magazine
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CFG Bank (CFG), the largest bank headquartered in Baltimore, was ranked as the seventh-best performing community bank with assets over $1 billion in this year’s annual listing by Independent Banker, the magazine of the Independent Community Bankers of America (ICBA).
The annual rankings are based on FDIC data, considering pretax return-on-assets (ROA) figures over the past three years, with the most recent year weighted at 3x, the second most recent year at 2x, and the third most recent year at 1x. Community banks are categorized into three segments based on asset size, and each segment is ranked according to the three-year weighted average ROA. To be eligible for ranking, a bank must maintain a rating of C or higher by KBRA Analytics.
CFG Bank provides financing and online banking solutions to the national health care and multifamily markets and the mid-Atlantic region.
View the ICBA Best-Performing Community Bank list here.
