Commercial Banking Valuation Multiples and Public Comps

Commercial Banking

See analyst estimates and all valuation multiples for Commercial Banking

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
JPMorgan Chase	$1.14T	6.2x	n/a
Bank of America	$794B	7.3x	n/a
ICBC China	$711B	6.2x	n/a
Agricultural Bank of China	$647B	6.3x	n/a
Royal Bank of Canada	$636B	13.1x	n/a
Citigroup	$590B	6.9x	n/a
Bank Of China	$577B	6.4x	n/a
China Construction Bank	$550B	5.3x	n/a
China Const Bank	$550B	5.3x	n/a
Santander	$538B	7.4x	n/a
Wells Fargo	$522B	6.2x	n/a
BNP Paribas	$514B	8.6x	n/a
UBS	$361B	7.4x	n/a
Scotiabank	$326B	11.8x	n/a
TD Bank	$304B	7.5x	n/a
Bank of Montreal	$298B	11.3x	n/a
Nordea	$296B	21.4x	n/a
ING Group	$279B	10.5x	n/a
MUFG	$276B	2.9x	n/a
Commonwealth Bank	$265B	13.7x	n/a
Shanghai Pudong Development Bank	$260B	10.5x	n/a
Société Générale	$256B	8.0x	n/a
China Citic Bank Corp	$251B	8.4x	n/a
Bank of Communications	$249B	6.8x	n/a
HDFC Bank	$236B	11.5x	n/a
UniCredit	$236B	8.1x	n/a
Intesa Sanpaolo	$236B	7.3x	n/a
Industrial Bank China	$234B	7.8x	n/a
China Everbright Bank	$232B	12.5x	n/a
Credit Agricole	$231B	7.1x	n/a
Barclays	$227B	5.9x	n/a
BBVA	$227B	5.3x	n/a
Deutsche Bank	$223B	6.0x	n/a
Danske Bank	$212B	24.0x	n/a
Westpac	$210B	14.0x	n/a
China Merchants Bank	$203B	4.3x	n/a
Capital One	$202B	3.8x	n/a
Lloyds Banking Group	$192B	7.6x	n/a
Canadian Imperial Bank	$191B	9.0x	n/a
Handelsbanken	$187B	30.5x	n/a
SMBC Group	$183B	4.6x	n/a
ANZ Group Holdings	$180B	12.2x	n/a
Industrial Bank of Korea	$174B	30.6x	n/a
National Australia Bank	$171B	12.2x	n/a
State Bank of India	$170B	6.4x	n/a
U.S. Bank	$168B	5.9x	n/a
Bank Of Jiangsu	$162B	13.3x	n/a
China Minsheng Banking	$161B	8.1x	n/a
PNC Financial Services	$145B	6.3x	n/a
CaixaBank	$142B	7.5x	n/a
Swedbank	$142B	19.2x	n/a
Sumitomo Mitsui Trust Bank	$141B	25.8x	n/a
Truist	$141B	7.0x	n/a
Standard Chartered	$136B	6.5x	n/a
DNB Bank	$135B	15.3x	n/a
ICICI Bank	$132B	10.1x	n/a
Ping An Bank	$131B	6.8x	n/a
Huaxia Bank	$131B	10.5x	n/a
National Bank of Canada	$129B	12.5x	n/a
ABN AMRO Bank	$127B	12.4x	n/a
Itaú Unibanco	$122B	3.6x	n/a
BNY Mellon	$121B	6.1x	n/a
DBS Bank	$121B	6.7x	n/a
KB Financial Group	$117B	9.9x	n/a
Bank Of Ningbo	$116B	11.4x	n/a
Shinhan Financial Group	$113B	10.9x	n/a
Erste Group	$110B	8.2x	n/a
Al Rajhi Bank	$109B	10.8x	n/a
SEB Group	$107B	12.8x	n/a
Bank of Shanghai	$105B	13.5x	n/a
Bank Of Beijing	$104B	10.4x	n/a
Saudi National Bank	$91.4B	8.8x	n/a
Bank Of Nanjing	$90.9B	11.8x	n/a
Hana Financial Group	$83.3B	10.7x	n/a
Nubank	$79.2B	6.1x	n/a
Nationwide Building	$78.0B	n/a	n/a
China Zheshang Bank Co	$77.7B	8.2x	n/a
China Zheshang Bank	$77.6B	8.2x	n/a
Postal Savings Bank	$77.2B	1.5x	n/a
Postal Savings Bank	$77.0B	1.5x	n/a
Jyske Bank	$75.7B	36.4x	n/a
HSBC	$75.1B	1.1x	n/a
Macquarie Group	$74.2B	6.2x	n/a
ORIX	$73.6B	3.8x	30.3x
Banco Bradesco	$73.5B	3.0x	n/a
Qatar National Bank	$72.8B	6.0x	n/a
Emirates NBD	$72.0B	5.4x	n/a
United Overseas Bank	$71.9B	6.6x	n/a
Axis Bank	$70.7B	7.7x	n/a
Bank Of Hangzhou	$69.1B	12.3x	n/a
Oversea-Chinese Banking	$66.7B	5.9x	n/a
Banca Monte dei Paschi	$65.1B	11.1x	n/a
First Citizens Bank	$64.6B	7.3x	n/a
Bank of China (Hong Kong)	$63.0B	6.6x	n/a
Shinkin Central Bank	$62.4B	20.1x	n/a
Invest Bank	$61.4B	n/a	n/a
Woori Financial Group	$60.1B	8.2x	n/a
Resona Holdings	$59.6B	12.2x	n/a
Bank Central Asia	$58.4B	8.5x	n/a
Kotak Mahindra Bank	$56.9B	12.0x	n/a
BPER Banca	$52.8B	7.0x	n/a
BTG Pactual	$52.6B	n/a	n/a
Mediobanca	$52.6B	11.8x	n/a
Fifth Third Bank	$52.0B	5.8x	n/a
Kuwait Finance House	$51.3B	9.0x	n/a
Banco BPM	$51.2B	7.3x	n/a
Huishang Bank Corp	$51.1B	10.0x	n/a
First Abu Dhabi Bank	$50.9B	5.2x	n/a
Mizuho Financial Group	$50.2B	2.6x	n/a
Banco do Brasil	$50.1B	1.8x	n/a
Banco Sabadell	$49.9B	6.8x	n/a
Fukuoka Financial Group	$48.9B	22.4x	n/a
M&T Bank	$48.7B	5.0x	n/a
Huntington Bank	$48.2B	5.9x	n/a
Bank Leumi	$48.0B	6.7x	n/a
Alinma Bank	$46.9B	15.2x	n/a
QNB Bank	$46.5B	n/a	n/a
China Bohai Bank Co	$46.1B	n/a	n/a
Commerzbank	$45.6B	3.2x	n/a
KBC Group	$45.3B	3.2x	n/a
Abu Dhabi Commercial Bank	$44.1B	7.3x	n/a
National Bank of Kuwait	$42.4B	10.0x	n/a
Bank Rakyat Indonesia	$42.2B	3.3x	n/a
Maybank	$40.0B	5.4x	n/a
Raiffeisen Bank	$39.2B	4.1x	n/a
Firstrand	$38.9B	4.3x	n/a
Bank Mandiri	$38.5B	4.2x	n/a
Citizens Financial Group	$37.8B	4.6x	n/a
Bank of Changsha Co	$37.7B	10.1x	n/a
Bank Hapoalim	$37.7B	5.0x	n/a
Bank Of Chongqing	$37.5B	17.7x	n/a
PKO Bank Polski	$37.4B	4.4x	n/a
CTBC Financial Holding	$37.4B	5.7x	n/a
KeyCorp	$37.3B	5.1x	n/a
Bank of Chengdu	$36.5B	10.8x	n/a
Ally Financial	$36.4B	4.6x	4.8x
OTP Bank	$35.1B	3.9x	n/a
Banorte	$34.9B	3.9x	n/a
Banco De Chile	$34.6B	10.4x	n/a
Hang Seng Bank	$32.9B	6.2x	n/a
Shanghai Rural Commercial Bank	$32.9B	8.8x	n/a
Bank of Baroda	$32.6B	4.6x	n/a
Mizrahi-Tefahot Bank	$32.1B	7.0x	n/a
Bawag Group	$31.8B	12.4x	n/a
Regions Bank	$31.7B	4.2x	n/a
AIB Group	$31.5B	6.0x	n/a
Chongqing Rural Comml	$31.1B	7.6x	n/a
Chongqing Rural Commercial Bank	$31.1B	7.6x	n/a
Riyad Bank	$30.8B	6.3x	n/a
Sparebanken Norge	$30.4B	26.1x	n/a
Bank of Ireland	$30.2B	6.2x	n/a
Pasargad Bank	$30.1B	n/a	n/a
Credicorp	$29.3B	4.5x	n/a
CIMB Group	$28.7B	5.2x	n/a
NatWest Group	$28.7B	1.3x	n/a
Standard Bank Group	$28.7B	2.7x	n/a
Banco Bci	$28.6B	8.7x	n/a
Santander Chile	$28.5B	9.0x	n/a
SpareBank 1 Sor Norge	$28.1B	21.1x	n/a
Bank of Suzhou Co	$27.9B	15.7x	n/a
Capitec Bank	$27.6B	9.2x	n/a
Luzerner Kantonalbank	$27.4B	31.9x	n/a
Punjab National Bank	$27.0B	4.0x	n/a
Santander Brasil	$26.9B	1.7x	n/a
SCB X	$26.5B	4.9x	n/a
Bangkok Bank	$26.4B	4.6x	n/a
Bankinter	$26.2B	7.3x	n/a
Krung Thai Bank	$25.6B	5.0x	n/a
Grupo Aval	$24.9B	5.3x	25.7x
Canara Bank	$24.8B	3.5x	n/a
İşbank	$24.6B	n/a	n/a
Yokohama Financial Group	$24.4B	11.8x	n/a
Dubai Islamic Bank	$24.3B	6.9x	n/a
Yapi Kredi	$24.3B	5.0x	n/a
Public Bank	$24.2B	6.8x	n/a
Banco de Crédito del Perú	$23.6B	n/a	n/a
Banque Cantonale Vaudoise	$23.4B	16.2x	n/a
Millennium bcp	$22.9B	5.2x	n/a
Mega Financial Holding Co	$22.7B	9.4x	n/a
Kasikornbank	$22.5B	3.7x	n/a
Abu Dhabi Islamic Bank	$22.3B	6.7x	n/a
Chiba Bank	$22.1B	16.6x	n/a
Taishin Holdings	$22.1B	7.9x	n/a
Grupo Cibest	$22.1B	2.9x	n/a
Bank Pekao S.A.	$20.9B	4.4x	n/a
Banque Saudi Fransi	$20.7B	7.4x	n/a
Israel Discount Bank	$20.6B	4.4x	n/a
Union Bank of India	$20.5B	3.3x	n/a
Bank of India	$20.1B	5.4x	n/a
Saudi Awwal Bank	$19.8B	5.1x	n/a
Attijariwafa Bank	$19.7B	5.1x	n/a
Vietcombank	$19.7B	7.1x	n/a
Qatar Islamic Bank	$19.6B	10.3x	n/a
Emirates Islamic Bank	$19.6B	n/a	n/a
Garanti BBVA	$19.4B	2.4x	n/a
BIDV	$19.1B	6.0x	n/a
Flagstar Bank	$19.0B	9.3x	n/a
National Bank of Greece	$18.9B	5.9x	n/a
E. Sun Financial	$18.6B	6.5x	n/a
Absa Group	$18.5B	2.8x	n/a
East West Bank	$18.3B	6.3x	n/a
VPBank	$18.2B	6.7x	n/a
VietinBank	$18.2B	5.5x	n/a
Techcombank	$18.0B	9.0x	n/a
Hua Nan Financial Holdings	$17.8B	n/a	n/a
Scotiabank Chile	$17.2B	n/a	n/a
Comerica	$17.2B	5.1x	n/a
First Financial Holding	$17.0B	7.7x	n/a
VakifBank	$16.9B	4.0x	n/a
Banco de Oro	$16.8B	3.4x	n/a
Inbursa	$16.5B	4.9x	n/a
Taiwan Cooperative Bank	$16.5B	n/a	n/a
Banca Mediolanum	$16.4B	6.1x	n/a
Indian Bank	$16.4B	4.1x	n/a
Military Commercial	$16.4B	6.7x	n/a
Valiant Holding	$16.3B	23.8x	n/a
Bank Of Ayudhya	$16.3B	3.5x	n/a
Piraeus Bank	$16.2B	5.2x	n/a
HDB Financial Services	$16.1B	13.3x	n/a
FinecoBank	$15.9B	10.3x	n/a
Santander Bank Polska	$15.8B	3.6x	n/a
St.Galler Kantonalbank	$15.8B	20.9x	n/a
Itaú Chile	$15.7B	9.1x	n/a
Old National	$15.7B	6.2x	n/a
SinoPac Financial Holdings	$15.5B	n/a	n/a
Commercial Bank Qatar	$15.4B	12.1x	n/a
Oberbank	$15.4B	n/a	n/a
Mashreqbank	$15.3B	4.5x	n/a
mBank	$14.9B	4.5x	n/a
First Horizon Bank	$14.9B	4.4x	n/a
Banca Popolare di Sondrio	$14.9B	7.7x	n/a
Western Alliance Bank	$14.6B	4.2x	n/a
Berner Kantonalbank	$14.6B	n/a	n/a
IDBI Bank	$14.5B	n/a	n/a
Yes Bank	$14.5B	5.9x	n/a
Webster Financial	$14.4B	5.0x	n/a
EQB	$14.2B	15.5x	n/a
Wintrust	$14.1B	5.2x	n/a
Komerční banka	$14.1B	7.7x	n/a
Bank of Queensland	$14.0B	12.7x	n/a
Bank of the Philippine Islands	$13.9B	4.3x	n/a
Thurgauer Kantonalbank	$13.7B	25.9x	n/a
Bank Negara Indonesia	$13.6B	3.5x	n/a
Unicaja Banco	$13.5B	5.6x	n/a
Indian Overseas Bank	$13.0B	n/a	n/a
Boubyan Bank	$12.4B	15.4x	n/a
IDFC First Bank	$12.3B	3.9x	n/a
Arab National	$12.3B	4.6x	n/a
IndusInd Bank	$12.3B	4.3x	n/a
Αlpha Services and Holdings	$11.8B	4.6x	n/a
Hong Leong Bank	$11.8B	7.4x	n/a
Banco General Panamá	$11.7B	n/a	n/a
Columbia Banking System	$11.7B	5.1x	n/a
Basellandschaftliche	$11.6B	n/a	n/a
Akbank	$11.3B	2.3x	n/a
Banco de Bogotá	$11.2B	n/a	n/a
Credito Emiliano	$11.0B	5.0x	n/a
Bank Albilad	$10.8B	6.6x	n/a
Synovus	$10.8B	4.5x	n/a
BOK Financial	$10.7B	5.0x	n/a
Halkbank	$10.6B	6.0x	n/a
Zagrebačka banka	$10.6B	n/a	n/a
Cadence Bank	$10.6B	5.4x	n/a
Japan Post Bank	$10.5B	1.0x	n/a
Banca Transilvania	$10.4B	4.0x	n/a
Davivienda	$10.4B	3.3x	n/a
SouthState Bank	$10.4B	4.0x	n/a
Valley National Bank	$10.3B	5.2x	n/a
Zions Bank	$10.2B	3.1x	n/a
Nedbank Group	$10.2B	2.3x	n/a
AL Sydbank	$10.2B	9.1x	n/a
Sabancı Holding	$10.2B	0.4x	n/a
Graubuendner Kantonalbank	$10.2B	15.3x	n/a
Grupo Financiero Galicia	$10.1B	1.8x	n/a
Pinnacle Financial Partners	$10.1B	4.9x	n/a
Federal Bank	$10.1B	6.4x	n/a
Walliser	$9.9B	n/a	n/a
First International Bank of Israel	$9.9B	4.7x	n/a
Basler Kantonalbank	$9.9B	n/a	n/a
Laurentian Bank of Canada	$9.8B	13.7x	n/a
TMBThanachart Bank	$9.5B	4.6x	n/a
UMB Bank	$9.5B	3.7x	n/a
Lion Finance Group	$9.5B	n/a	n/a
Popular Bank	$9.4B	2.9x	n/a
First National Bank	$9.4B	5.3x	n/a
Prosperity Bank	$9.3B	7.5x	n/a
Bank of Africa	$9.3B	4.1x	n/a
Chang Hwa Bank	$9.2B	n/a	n/a
Bendigo and Adelaide Bank	$9.2B	7.1x	n/a
AU Small Finance Bank	$9.1B	7.0x	23.0x
Kyoto Financial Group	$9.1B	10.6x	n/a
Banque Centrale Populaire	$9.0B	3.1x	n/a
AlRayan Bank	$9.0B	9.5x	n/a
RHB Bank	$9.0B	4.1x	n/a
Zuger	$8.8B	n/a	n/a
Toyota Financial	$8.8B	26.8x	n/a
Frost Bank	$8.6B	3.8x	n/a
Associated Bank	$8.5B	5.7x	n/a
SpareBank 1	$8.3B	9.4x	n/a
Commercial International Bank Egypt	$8.1B	3.3x	n/a
Empresa General de Inversiones	$8.1B	n/a	n/a
Intercorp Financial Services	$8.0B	4.0x	26.3x
EFG International	$8.0B	3.9x	n/a
Yuanta Financial Holdings	$8.0B	2.1x	n/a
Banca Generali	$8.0B	7.0x	n/a
Shanghai Commercial & Savings Bank	$7.8B	4.6x	n/a
MBH Bank	$7.7B	n/a	n/a
AmBank Group	$7.6B	6.2x	n/a
Bank of Maharashtra	$7.6B	3.4x	n/a
Banque Cantonale de	$7.5B	10.8x	n/a
Freedom Holding	$7.5B	n/a	n/a
Bank Millennium	$7.5B	4.1x	n/a
ING Bank Śląski	$7.4B	2.3x	n/a
SpareBank 1	$7.4B	10.3x	n/a
Banco ABC Brasil	$7.4B	12.8x	n/a
Banco do Nordeste	$7.4B	n/a	n/a
CIBanco	$7.4B	33.6x	34.6x
Gulf Bank	$7.3B	11.2x	n/a
KakaoBank	$7.2B	7.3x	n/a
Hancock Whitney	$7.1B	4.7x	n/a
Arab Bank	$6.9B	2.4x	n/a
Cembra Money Bank	$6.9B	10.0x	n/a
Glacier Bank	$6.9B	6.7x	n/a
Metrobank	$6.9B	2.6x	n/a
RAKBANK	$6.9B	4.8x	n/a
Banca Ifis	$6.8B	8.0x	n/a
Nova Ljubljanska banka dd	$6.7B	4.5x	n/a
Bank Muscat	$6.7B	4.4x	n/a
Banco Macro	$6.7B	2.3x	n/a
UCO	$6.6B	n/a	n/a
Commerce Bank	$6.6B	3.8x	n/a
Bank Syariah Indonesia	$6.6B	4.2x	n/a
Bank OZK	$6.6B	3.8x	n/a
Banc of California	$6.5B	5.9x	n/a
Home BancShares	$6.5B	6.0x	n/a
BBVA Peru	$6.5B	n/a	n/a
Commercial Bank of Dubai	$6.3B	3.9x	n/a
Aktia Bank	$6.2B	18.0x	n/a
United Bank	$6.1B	5.0x	n/a
Axos Financial	$6.0B	4.6x	n/a
Atlantic Union Bank	$6.0B	4.5x	n/a
Avanza Bank Holding	$5.9B	12.3x	n/a
Commercial Bank Of Kuwait	$5.9B	n/a	n/a
BankUnited	$5.9B	5.4x	n/a
Ameris	$5.8B	4.8x	n/a
Dukhan Bank	$5.7B	7.2x	n/a
Taiwan Business Bank	$5.7B	n/a	n/a
First National of Nebraska	$5.5B	n/a	n/a
Qatar International Islamic Bank	$5.5B	9.5x	n/a
Wesbanco	$5.5B	5.7x	n/a
Inter & Co	$5.3B	3.5x	n/a
Texas Capital Bank	$5.3B	4.2x	n/a
Provident Bank	$5.3B	6.1x	n/a
Fulton Financial	$5.3B	4.0x	n/a
Banco Popular	$5.3B	n/a	n/a
Interbank Perú	$5.1B	n/a	n/a
Merchants Bancorp	$5.1B	7.7x	n/a
BRD-Groupe Societe	$5.1B	5.1x	n/a
Bladex	$5.1B	15.1x	n/a
Central Bank of India	$5.0B	2.3x	n/a
Banco Pan	$5.0B	2.4x	n/a
Warba Bank	$5.0B	17.3x	n/a
Sparebanken Møre	$4.9B	20.8x	n/a
Banco Di Desio E Della	$4.9B	n/a	n/a
GFH Financial Group	$4.8B	7.9x	n/a
Renasant	$4.7B	4.8x	n/a
WaFd Bank	$4.6B	6.3x	n/a
IBC Bank	$4.6B	n/a	n/a
Scotiabank Peru	$4.6B	n/a	n/a
Bac Holding International	$4.6B	n/a	n/a
Independent Bank	$4.6B	5.4x	n/a
Destek Finans Faktoring	$4.6B	n/a	n/a
First Financial Bank	$4.5B	7.2x	n/a
Van Lanschot Kempen	$4.5B	5.1x	n/a
F I B I Holding	$4.5B	n/a	n/a
Alior Bank	$4.5B	2.7x	n/a
Saudi Investment Bank	$4.5B	3.9x	n/a
Al Salam Bank	$4.5B	7.7x	n/a
Eastern Bank	$4.4B	4.5x	n/a
Al Ahli Bank Of Kuwait	$4.4B	n/a	n/a
Bank AlJazira	$4.4B	3.8x	n/a
Burgan Bank	$4.4B	5.8x	n/a
United Community Banks	$4.1B	3.9x	n/a
Customers Bancorp	$4.1B	5.0x	n/a
Glarner Kantonalbank	$4.0B	33.1x	n/a
Seacoast Bank	$4.0B	6.2x	n/a
Banco Azteca	$4.0B	n/a	n/a
TBC Bank Gr	$4.0B	n/a	n/a
First Interstate Bank	$4.0B	4.0x	n/a
BBVA Argentina	$3.9B	1.7x	n/a
BancFirst	$3.9B	5.7x	n/a
Close Brothers Group	$3.9B	4.2x	n/a
Cathay General	$3.8B	4.7x	n/a
Bank of Hawaii	$3.7B	5.2x	n/a
Bank of Cyprus	$3.7B	n/a	n/a
ServisFirst	$3.7B	6.6x	n/a
Community Financial Sys	$3.7B	4.5x	n/a
Oma Savings Bank	$3.7B	13.8x	n/a
First Bank	$3.6B	3.6x	n/a
National Bank of Fujairah	$3.6B	n/a	n/a
Bank of Bahrain and Kuwait	$3.6B	n/a	n/a
Citi Handlowy	$3.6B	3.8x	n/a
Mechanics Bancorp	$3.5B	21.5x	n/a
Sharjah Islamic Bank	$3.5B	5.2x	n/a
Simmons Bank	$3.5B	3.9x	n/a
First Financial Bancorp	$3.5B	3.8x	n/a
WSFS Bank	$3.4B	3.2x	n/a
Judo Bank	$3.3B	10.9x	29.7x
FB Financial	$3.3B	5.5x	n/a
Albaraka Turk Katilim	$3.3B	n/a	n/a
Caisse Regionale	$3.3B	n/a	n/a
Bancorp	$3.2B	5.2x	n/a
CVB Financial	$3.2B	6.2x	n/a
First Hawaiian Bank	$3.2B	3.7x	n/a
Moneta Money Bank	$3.2B	4.7x	n/a
Meezan Bank	$3.1B	3.1x	n/a
Banco del Bajio	$3.1B	2.3x	n/a
Banregio	$3.1B	3.1x	n/a
Towne Bank	$3.1B	3.8x	n/a
First Merchants Bank	$3.1B	4.6x	n/a
National Bank of Bahrain	$3.1B	n/a	n/a
OceanFirst Financial	$3.1B	7.6x	n/a
Columbia Financial	$3.0B	17.0x	n/a
Bank für Tirol und Vorarlberg	$3.0B	n/a	n/a
Banco Intl	$2.9B	n/a	n/a
BCO Estado do Rio Grande	$2.9B	1.7x	n/a
Trustmark	$2.9B	3.6x	n/a
Capitol Federal Finl	$2.9B	13.8x	n/a
Enterprise Finl Servs	$2.8B	4.0x	n/a
LHV Group	$2.8B	n/a	n/a
BBVA Colombia	$2.7B	n/a	n/a
MyState	$2.7B	17.9x	n/a
Park National Bank	$2.7B	4.8x	n/a
BKS Bank	$2.6B	n/a	n/a
ConnectOne Bancorp	$2.6B	6.8x	n/a
Sparebanken	$2.6B	25.7x	n/a
Hilltop Hldgs	$2.6B	2.1x	n/a
First Busey	$2.5B	3.5x	n/a
Mercantil do Brasil	$2.5B	n/a	n/a
Banco de Occidente	$2.5B	n/a	n/a
NBT Bancorp	$2.5B	3.6x	n/a
Banner	$2.5B	3.7x	n/a
Northwest Bancshares	$2.5B	3.8x	n/a
Secure Trust Bank	$2.4B	8.7x	n/a
Stock Yards Bancorp	$2.4B	6.0x	n/a
OFG Bancorp	$2.3B	3.2x	n/a
Dime Community Bancshares	$2.3B	5.2x	n/a
Equity Group Holdings	$2.3B	1.5x	n/a
Caisse Regionale	$2.3B	n/a	n/a
Housing Bank	$2.3B	n/a	n/a
Rogaland Sparebank	$2.2B	23.1x	n/a
Metro Bank Holdings	$2.2B	2.8x	n/a
First Commonwealth	$2.2B	4.2x	n/a
First Foundation	$2.2B	8.9x	n/a
KCB Group PLC	$2.1B	1.4x	n/a
Hingham Institution	$2.1B	n/a	n/a
Nicolet Bankshares	$2.1B	5.3x	n/a
Optima bank	$2.0B	6.2x	n/a
QCR Hldgs	$2.0B	5.1x	n/a
Northpointe Bank	$2.0B	8.4x	n/a
Caisse Regionale	$2.0B	n/a	n/a
Yibin City Commercial	$2.0B	n/a	n/a
City Holding	$2.0B	6.2x	n/a
Byline Bancorp	$1.9B	4.4x	n/a
Amerant Bancorp	$1.9B	4.4x	n/a
Republic Bancorp	$1.9B	4.6x	n/a
Banco Patagonia	$1.8B	n/a	n/a
S&T Bancorp	$1.8B	4.6x	n/a
Live Oak Bank	$1.8B	3.2x	n/a
Peoples Bancorp	$1.8B	3.9x	n/a
Coastal Financial	$1.8B	3.5x	n/a
Caisse Regionale du	$1.8B	n/a	n/a
Stellar Bancorp	$1.7B	4.1x	n/a
Hypothekarbank Lenzburg	$1.7B	n/a	n/a
MCB Bank	$1.7B	2.4x	n/a
Banque Cantonale du Jura	$1.7B	n/a	n/a
German American Bancorp	$1.7B	4.8x	n/a
1st Source	$1.7B	3.9x	n/a
Pathward Financial	$1.7B	2.1x	n/a
Kearny Financial	$1.7B	10.1x	n/a
TriCo Bancshares	$1.7B	4.1x	n/a
Hope Bancorp	$1.7B	3.1x	n/a
Banco Bmg	$1.7B	1.5x	n/a
Bank Jago	$1.7B	9.9x	n/a
Crédit Agricole Nord	$1.7B	n/a	n/a
Alandsbanken	$1.6B	n/a	n/a
MBH Mortgage Bank	$1.6B	n/a	n/a
Preferred Bank	$1.6B	5.6x	n/a
Burke & Herbert Financial	$1.6B	4.6x	n/a
Lakeland Financial	$1.6B	5.8x	n/a
Mibanco-Banco	$1.6B	n/a	n/a
National Bank Holdings	$1.6B	3.7x	n/a
Bank First	$1.6B	9.0x	n/a
ICBC Turkey Bank	$1.5B	n/a	n/a
Co-operative Bank of Kenya Ltd	$1.5B	n/a	n/a
BaoViet	$1.5B	0.9x	n/a
CB First Investment Bank	$1.5B	n/a	n/a
Northfield Bancorp	$1.5B	9.9x	n/a
Southside Bancshares	$1.5B	5.4x	n/a
Ujjivan Small Finance Bank	$1.5B	2.8x	n/a
Credit Agricole Alpes	$1.4B	n/a	n/a
Washington Trust Bancorp	$1.4B	6.7x	n/a
LPBank	$1.4B	3.5x	n/a
SpareBank	$1.4B	12.0x	n/a
Horizon Bancorp	$1.4B	5.1x	n/a
Pareto Bank	$1.4B	11.0x	n/a
Banco Pine	$1.4B	n/a	n/a
First Mid Bancshares	$1.4B	3.9x	n/a
Univest Financial	$1.4B	4.2x	n/a
Old Second Bancorp	$1.3B	4.0x	n/a
BRB Banco de Brasilia	$1.3B	n/a	n/a
Equity Bancshares	$1.3B	5.0x	n/a
Business First Bancshares	$1.3B	4.2x	n/a
Camden National	$1.3B	5.2x	n/a
Bank of Jerusalem	$1.3B	n/a	n/a
Origin Bancorp	$1.3B	3.3x	n/a
Mercantile Bank	$1.3B	5.3x	n/a
Jordan Islamic Bank	$1.3B	n/a	n/a
DCB Commercial Bank Plc	$1.3B	3.6x	n/a
Komercijalna Banka	$1.3B	n/a	n/a
MetroCity Bankshares	$1.3B	8.1x	n/a
Grupo Supervielle	$1.3B	1.5x	4.2x
Westamerica Bancorp	$1.2B	4.8x	n/a
Credit Agricole	$1.2B	n/a	n/a
Sekerbank	$1.2B	n/a	n/a
Credit Agricole	$1.2B	n/a	n/a
Dovalue	$1.2B	1.8x	4.9x
CNB Financial	$1.2B	4.4x	n/a
Northeast Bank	$1.2B	5.4x	n/a
Great Southern Bancorp	$1.2B	5.2x	n/a
Ponce Finl Gr	$1.2B	14.1x	n/a
TF Bank	$1.2B	3.8x	n/a
Community Trust Bancorp	$1.2B	4.2x	n/a
Grupo Assa	$1.2B	n/a	n/a
NewtekOne	$1.1B	3.9x	n/a
Firstsun Capital Bancorp	$1.1B	2.3x	n/a
Equitas Small Finance Bank	$1.1B	2.3x	n/a
ProCredit Holding	$1.1B	2.2x	n/a
Flushing Financial	$1.1B	4.7x	n/a
Metropolitan Bank Holding	$1.1B	3.6x	n/a
Midland States Bancorp	$1.1B	3.5x	n/a
Bridgewater Bancshares	$1.1B	7.8x	n/a
Stopanska Banka	$1.1B	n/a	n/a
SJF Bank	$1.1B	4.0x	n/a
Hanmi Financial	$1.1B	4.0x	n/a
Sparebank 1 Ostfold	$1.0B	8.0x	n/a
SpareBank 1 Ringerike	$1.0B	7.8x	n/a
Central Pacific Financial	$1.0B	3.5x	n/a
Heritage Financial	$1.0B	4.1x	n/a
Vanquis Banking Group	$1.0B	1.7x	n/a
NLB Banka	$1.0B	n/a	n/a
NB Bancorp	$1.0B	4.5x	n/a
Nabil Invest	$1000M	n/a	n/a
Amalgamated Financial	$989M	3.0x	n/a
Orrstown Financial Servs	$984M	4.0x	n/a
Butterfield Group	$957M	1.6x	n/a
Trustco Bank	$954M	5.6x	n/a
MidWestOne Financial Gr	$947M	3.8x	n/a
Banco Amazonia	$932M	n/a	n/a
First Financial	$931M	3.6x	n/a
Esquire Financial Hldgs	$918M	6.4x	n/a
Credit Agricole	$907M	n/a	n/a
HBT Finl	$896M	3.8x	n/a
Alerus Financial	$892M	3.1x	n/a
Five Star	$881M	5.6x	n/a
Financial Institutions	$879M	3.6x	n/a
Nuernberger Beteiligungs	$866M	n/a	n/a
Farmers National Banc	$865M	4.5x	n/a
Capital City Bank Group	$850M	3.4x	n/a
ACNB	$847M	5.6x	n/a
Peoples Financial Servs	$831M	4.4x	n/a
Mid Penn Bancorp	$815M	3.7x	n/a
Civista Bancshares	$808M	4.7x	n/a
SmartFinancial	$808M	4.1x	n/a
Southern Missouri Bancorp	$807M	4.2x	n/a
SpareBank 1 Nordmore	$804M	8.1x	n/a
Crédit Agricole Loire	$801M	n/a	n/a
Unity Bancorp	$798M	6.4x	n/a
Laan & Spar Bank	$780M	n/a	n/a
Heritage Commerce	$778M	4.0x	n/a
Waterstone Financial	$775M	5.7x	n/a
First Bank	$764M	5.3x	n/a
Independent Bank	$763M	3.3x	n/a
First Business Finl Servs	$763M	4.5x	n/a
Shore Bancshares	$763M	3.4x	n/a
Eagle Bancorp	$762M	2.6x	n/a
Hrvatska Postanska Banka	$751M	n/a	n/a
Banestes Banco Estado	$730M	n/a	n/a
South Plains Financial	$729M	3.4x	n/a
ChoiceOne Financial Servs	$726M	4.5x	n/a
Southern First Bancshares	$715M	6.1x	n/a
Sierra	$703M	4.5x	n/a
Crédit Agricole	$695M	n/a	n/a
California BanCorp	$692M	3.9x	n/a
Banco Hipotecario	$690M	2.1x	n/a
West Bancorp	$690M	7.0x	n/a
Danske Andelskassers Bank	$687M	n/a	n/a
Coop Pank	$678M	n/a	n/a
Skue Sparebank	$676M	10.3x	n/a
RBB Bancorp	$667M	5.4x	n/a
Peapack Gladstone Finl	$662M	2.4x	n/a
Credit Agricole du	$657M	n/a	n/a
Aurskog Sparebank	$655M	15.0x	n/a
First Community	$642M	3.9x	n/a
Northrim BanCorp	$640M	3.2x	n/a
Romerike Sparebank	$631M	14.0x	n/a
Carter Bankshares	$617M	4.1x	n/a
Jaeren Sparebank	$611M	11.7x	n/a
Farmers & Merchants	$602M	5.0x	n/a
Blue Foundry Bancorp	$585M	12.1x	n/a
Bank Ochrony Środowiska	$579M	1.9x	n/a
Colony Bankcorp	$575M	4.3x	n/a
Citizens Financial Servs	$574M	5.6x	n/a
GBank Financial Holdings	$572M	9.2x	n/a
CA Toulouse 31 CCI	$562M	n/a	n/a
Arrow Finl	$559M	3.4x	n/a
Citizens & Northern	$559M	4.8x	n/a
Haugesund Sparebank	$558M	12.9x	n/a
Community West Bancshare	$546M	3.7x	n/a
First Internet Bank	$544M	3.7x	n/a
VersaBank	$540M	5.8x	n/a
Foroya Banki	$540M	6.8x	n/a
Primis Finl	$537M	3.6x	n/a
Home Bancorp	$535M	3.6x	n/a
Bankwell Finl Gr	$530M	5.0x	n/a
Capital Bancorp	$523M	2.2x	n/a
FS Bancorp	$509M	3.4x	n/a
Red River Bancshares	$503M	4.1x	n/a
Addiko Bank	$501M	1.4x	n/a
NorthEast Community	$489M	4.6x	n/a
BCB Bancorp	$480M	4.8x	n/a
Greene County Bancorp	$473M	n/a	n/a
Bank of Marin	$469M	4.2x	n/a
Hawthorn Bancshares	$463M	n/a	n/a
Franklin Financial Servs	$463M	n/a	n/a
Orange County Bancorp	$441M	3.7x	n/a
Banca Sistema	$427M	2.2x	n/a
Linkbancorp	$427M	3.5x	n/a
MVB Financial	$424M	3.1x	n/a
PCB Bancorp	$420M	3.6x	n/a
Bank7	$417M	4.4x	n/a
Middlefield Banc	$416M	5.4x	n/a
ECB Bancorp	$411M	n/a	n/a
First Bancorp	$408M	n/a	n/a
USCB Financial Holdings	$407M	4.2x	n/a
EQT Holdings	$400M	3.2x	8.6x
Union Bankshares	$396M	n/a	n/a
Western New England	$390M	5.4x	n/a
Richmond Mutual Bancorp	$390M	n/a	n/a
Isabella Bank	$389M	5.0x	n/a
Meridian	$386M	3.1x	n/a
Investar Holding	$383M	4.2x	n/a
BayCom	$380M	3.8x	n/a
John Marshall Bancorp	$380M	n/a	n/a
Parke Bancorp	$376M	n/a	n/a
Pioneer Bancorp	$369M	n/a	n/a
Plumas	$368M	3.9x	n/a
First Northwest Bancorp	$365M	5.5x	n/a
First United	$360M	4.1x	n/a
LCNB	$357M	3.9x	n/a
Himalayan Bank	$354M	n/a	n/a
C&F Financial	$351M	n/a	n/a
Norwood Financial	$350M	4.0x	n/a
First Western Financial	$345M	3.4x	n/a
Fino Payments Bank	$342M	1.7x	n/a
Morrow Bank	$338M	2.4x	n/a
Chemung Financial	$329M	3.0x	n/a
Arbuthnot Banking Group	$319M	1.4x	n/a
Timberland Bancorp	$317M	n/a	n/a
Banco Comercial AV Villas	$316M	n/a	n/a
Provident Finl Hldgs	$315M	7.9x	n/a
Hanover Bancorp	$314M	4.3x	n/a
CoastalSouth Bancshares	$312M	n/a	n/a
Sparebank 68 Grader Nord	$309M	8.9x	n/a
OP Bancorp	$307M	3.2x	n/a
FB Bancorp	$304M	n/a	n/a
Melhus Sparebank	$301M	9.4x	n/a
Holand og Setskog	$298M	17.1x	n/a
Fidelity D & D Bancorp	$298M	n/a	n/a
Eagle Bancorp Montana	$290M	3.2x	n/a
Landmark Bancorp	$287M	n/a	n/a
First Guaranty Bancshares	$285M	n/a	n/a
Eagle Financial Services	$283M	3.5x	n/a
Broadway Financial	$276M	n/a	n/a
CF Bankshares	$275M	4.5x	n/a
FVCBankcorp	$273M	4.1x	n/a
Flekkefjord Sparebank	$271M	9.5x	n/a
Princeton Bancorp	$266M	3.1x	n/a
First Ntl	$264M	3.0x	n/a
MainStreet Bancshares	$258M	3.9x	n/a
Virginia Ntl Bankshares	$257M	n/a	n/a
Oak Valley	$253M	n/a	n/a
First Community	$253M	3.2x	n/a
Winchester Bancorp	$253M	n/a	n/a
FinWise	$246M	2.0x	n/a
Ohio Valley Banc	$241M	n/a	n/a
Chain Bridge Bank	$240M	4.5x	n/a
Bogota Finl	$236M	n/a	n/a
Ames National	$236M	n/a	n/a
BCO Estado de Sergipe	$231M	n/a	n/a
First Savings Financial	$230M	2.7x	n/a
Grong Sparebank	$228M	6.6x	n/a
Citizens Community	$224M	3.6x	n/a
First Cap	$219M	n/a	n/a
Fynske Bank	$217M	n/a	n/a
Patriot Ntl Bancorp	$217M	n/a	n/a
Peoples Bancorp of NC	$214M	n/a	n/a
CB Financial Services	$214M	3.9x	n/a
National Bankshares	$214M	4.7x	n/a
Bien Sparebank	$211M	13.4x	n/a
Bulgarian American Credit	$211M	n/a	n/a
Patria Bank	$209M	n/a	n/a
BV Financial	$205M	n/a	n/a
SB Finl Gr	$200M	3.5x	n/a
Pathfinder Bancorp	$197M	n/a	n/a
United Security	$193M	n/a	n/a
Riverview Bancorp	$192M	3.6x	n/a
BankFinancial	$187M	3.4x	n/a
Voss Veksel	$185M	11.1x	n/a
United Bancorp	$182M	6.2x	n/a
Affinity Bancshares	$178M	n/a	n/a
Finward Bancorp	$168M	2.4x	n/a
SR Bancorp	$168M	n/a	n/a
IF Bancorp	$154M	n/a	n/a
Lollands Bank	$150M	n/a	n/a
Sound Financial Bancorp	$147M	n/a	n/a
Banco Actinver	$132M	0.5x	0.7x
AmeriServ Financial	$130M	n/a	n/a
Aasen Sparebank	$126M	6.9x	n/a
BayFirst Financial	$120M	n/a	n/a
Nidaros Sparebank	$117M	9.0x	n/a
Mons Bank	$116M	n/a	n/a
Lake Shore Bancorp	$112M	n/a	n/a
Magyar Bancorp	$111M	n/a	n/a
First Seacoast Bancorp	$110M	n/a	n/a
Wiener Privatbank	$108M	n/a	n/a
First US Bancshares	$103M	n/a	n/a
PB Bankshares	$97.9M	n/a	n/a
Texas Community	$96.3M	n/a	n/a
AGRAM BANKA	$93.1M	n/a	n/a
Bank of the James Finl Gr	$90.6M	n/a	n/a
Summit State Bank	$89.7M	n/a	n/a
Auburn National Bancorp	$86.9M	n/a	n/a
BNK Banking Corp	$83.5M	n/a	n/a
Kentucky First Federal	$81.9M	n/a	n/a
Fifth District Bancorp	$78.2M	n/a	n/a
Central Plains Bancshares	$77.8M	n/a	n/a
Catalyst Bancorp	$77.5M	n/a	n/a
Sogn Sparebank	$72.3M	3.3x	n/a
Banca Profilo	$65.7M	n/a	n/a
CB Texim Bank	$50.3M	n/a	n/a
Kraft Bank	$49.4M	n/a	n/a
Alisa Bank	$49.1M	2.6x	-31.7x
Getin Holding	$28.8M	n/a	n/a
Centrum Finansowe	$12.6M	n/a	n/a
CB Central Cooperative	-$154M	n/a	n/a
Doverie Obed	-$237M	n/a	n/a
Banco Invex	-$1.7B	n/a	n/a
Japan Post Holdings	-$5.9B	-0.1x	-1.1x
Wise	-$7.9B	-3.9x	-11.5x