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	$1.08T	6.0x	n/a
Bank of America	$732B	6.9x	n/a
Agricultural Bank of China	$711B	7.1x	n/a
ICBC China	$582B	5.3x	n/a
Royal Bank of Canada	$564B	12.3x	n/a
Citigroup	$562B	6.7x	n/a
Bank Of China	$532B	6.0x	n/a
Santander	$506B	7.0x	n/a
Wells Fargo	$474B	5.7x	n/a
MUFG	$352B	3.6x	n/a
UBS	$341B	7.0x	n/a
TD Bank	$299B	7.7x	n/a
Scotiabank	$298B	11.2x	n/a
Shanghai Pudong Development Bank	$296B	12.2x	n/a
Nordea	$289B	20.7x	n/a
Bank of Montreal	$284B	11.1x	n/a
Industrial Bank China	$282B	9.6x	n/a
Commonwealth Bank	$273B	14.6x	n/a
ING Group	$268B	10.2x	n/a
China CITIC Bank	$252B	8.5x	n/a
HDFC Bank	$243B	12.0x	n/a
Bank of Communications	$242B	6.7x	n/a
Intesa Sanpaolo	$238B	7.5x	n/a
China Everbright Bank	$231B	12.6x	n/a
Credit Agricole	$229B	7.2x	n/a
BNP Paribas	$225B	3.8x	n/a
Deutsche Bank	$223B	6.2x	n/a
Westpac	$221B	15.2x	n/a
Barclays	$218B	5.8x	n/a
National Australia Bank	$216B	16.1x	n/a
ANZ Group Holdings	$215B	15.0x	n/a
Macquarie Group	$212B	18.4x	n/a
Danske Bank	$210B	23.9x	n/a
UniCredit	$200B	7.0x	n/a
SMBC Group	$196B	3.6x	n/a
BBVA	$194B	4.6x	n/a
Capital One	$190B	4.0x	n/a
Handelsbanken	$186B	30.2x	n/a
China Merchants Bank	$181B	3.9x	n/a
Industrial Bank of Korea	$178B	29.9x	n/a
DBS Bank	$170B	9.6x	n/a
China Minsheng Banking	$168B	8.8x	n/a
Canadian Imperial Bank	$164B	8.1x	n/a
U.S. Bank	$157B	5.6x	n/a
Bank Of Jiangsu	$156B	13.5x	n/a
State Bank of India	$154B	5.8x	n/a
Sumitomo Mitsui Trust Bank	$143B	24.9x	n/a
ICICI Bank	$140B	10.7x	n/a
DNB Bank	$139B	16.2x	n/a
Commerzbank	$138B	10.1x	n/a
Huaxia Bank	$136B	10.9x	n/a
PNC Financial Services	$136B	6.1x	n/a
CaixaBank	$132B	7.1x	n/a
Swedbank	$131B	17.9x	n/a
Itaú Unibanco	$126B	3.9x	n/a
Truist	$124B	7.0x	n/a
KB Financial Group	$120B	9.7x	n/a
Shinhan Financial Group	$118B	10.9x	n/a
Ping An Bank	$115B	5.8x	n/a
Bank Of Ningbo	$113B	11.6x	n/a
BNY Mellon	$113B	5.9x	n/a
National Bank of Canada	$109B	11.3x	n/a
SEB Group	$107B	12.8x	n/a
Bank Of Beijing	$105B	10.8x	n/a
Al Rajhi Bank	$105B	11.1x	n/a
Erste Group	$105B	8.0x	n/a
Bank of Shanghai	$96.2B	12.8x	n/a
ABN AMRO Bank	$94.8B	9.2x	n/a
Lloyds Banking Group	$92.3B	3.8x	n/a
Postal Savings Bank	$90.6B	1.9x	n/a
Saudi National Bank	$88.8B	8.8x	n/a
Hana Financial Group	$87.7B	10.9x	n/a
Oversea-Chinese Banking	$82.6B	7.4x	n/a
Bank Of Nanjing	$82.4B	11.3x	n/a
China Zheshang Bank	$78.4B	8.5x	n/a
Qatar National Bank	$76.0B	6.3x	n/a
Jyske Bank	$75.5B	37.2x	n/a
NatWest Group	$75.4B	3.6x	n/a
Nationwide Building	$74.5B	n/a	n/a
United Overseas Bank	$73.2B	6.6x	n/a
ORIX	$72.2B	3.6x	30.2x
Banco Bradesco	$69.1B	2.9x	n/a
QNB Bank	$68.4B	n/a	n/a
Emirates NBD	$67.6B	5.4x	n/a
Shinkin Central Bank	$65.6B	20.1x	n/a
Bank Central Asia	$65.3B	9.4x	n/a
Resona Holdings	$65.2B	13.3x	n/a
Axis Bank	$63.0B	6.8x	n/a
First Citizens Bank	$62.5B	6.8x	n/a
Invest Bank	$61.4B	n/a	n/a
Woori Financial Group	$59.6B	7.8x	n/a
Nubank	$59.6B	4.9x	n/a
Bank of China (Hong Kong)	$58.7B	6.5x	n/a
Bank Of Hangzhou	$58.2B	10.6x	n/a
Mediobanca	$56.8B	13.0x	n/a
Kotak Mahindra Bank	$54.9B	11.4x	n/a
Standard Chartered	$52.7B	2.6x	n/a
HSBC	$51.8B	0.8x	n/a
Kuwait Finance House	$50.3B	9.2x	n/a
First Abu Dhabi Bank	$50.1B	5.5x	n/a
Banco BPM	$50.1B	7.4x	n/a
Bank Rakyat Indonesia	$48.9B	3.9x	n/a
Fukuoka Financial Group	$48.1B	18.0x	n/a
Fifth Third Bank	$47.8B	5.4x	n/a
Alinma Bank	$47.1B	15.5x	n/a
Abu Dhabi Commercial Bank	$46.7B	8.3x	n/a
M&T Bank	$46.5B	4.9x	n/a
Huntington Bank	$44.1B	5.6x	n/a
Huishang Bank Corp	$43.9B	8.3x	n/a
BPER Banca	$43.5B	6.4x	n/a
Banco Sabadell	$43.4B	5.8x	n/a
BTG Pactual	$43.2B	n/a	n/a
Banco do Brasil	$42.7B	1.6x	n/a
National Bank of Kuwait	$42.6B	10.1x	n/a
China Bohai Bank Co	$40.9B	n/a	n/a
Bank Leumi	$39.4B	5.9x	n/a
Bank Mandiri	$39.3B	4.2x	n/a
KBC Group	$38.0B	2.8x	n/a
Société Générale	$37.3B	1.2x	n/a
PKO Bank Polski	$37.1B	4.5x	n/a
KeyCorp	$37.1B	5.8x	n/a
Raiffeisen Bank	$36.6B	4.1x	n/a
Bank of Chengdu	$35.9B	10.9x	n/a
Citizens Financial Group	$35.7B	4.4x	n/a
Maybank	$35.6B	4.9x	n/a
CTBC Financial Holding	$34.8B	5.5x	n/a
Banorte	$33.4B	4.0x	n/a
Ally Financial	$33.2B	4.1x	4.3x
Chiba Bank	$31.9B	23.4x	n/a
Shanghai Rural Commercial Bank	$31.6B	8.6x	n/a
Bawag Group	$31.3B	13.6x	n/a
OTP Bank	$30.9B	3.9x	n/a
Bank Hapoalim	$30.6B	4.6x	n/a
Mizuho Financial Group	$30.4B	1.5x	n/a
İşbank	$30.0B	n/a	n/a
Bank of Baroda	$29.6B	2.3x	n/a
Chongqing Rural Commercial Bank	$29.5B	7.5x	n/a
Regions Bank	$29.5B	4.0x	n/a
Sparebanken Norge	$29.3B	28.9x	n/a
Riyad Bank	$28.8B	6.0x	n/a
SpareBank 1 Sor Norge	$28.2B	21.6x	n/a
Banco De Chile	$27.9B	8.8x	n/a
Mizrahi-Tefahot Bank	$27.9B	6.3x	n/a
AIB Group	$27.7B	5.1x	n/a
Bank of Ireland	$27.3B	5.6x	n/a
Eurobank Ergasias Servs	$27.2B	7.1x	n/a
Credicorp	$27.0B	4.5x	n/a
CIMB Group	$26.0B	4.9x	n/a
Luzerner Kantonalbank	$25.6B	31.7x	n/a
SCB X	$25.5B	4.8x	n/a
Bankinter	$25.4B	7.3x	n/a
Concordia Financial Group	$25.3B	10.4x	n/a
Standard Bank Group	$25.1B	2.5x	n/a
Canara Bank	$25.0B	3.6x	n/a
Dubai Islamic Bank	$25.0B	7.1x	n/a
Mega Financial Holding Co	$24.7B	9.2x	n/a
Punjab National Bank	$24.6B	3.6x	n/a
Abu Dhabi Islamic Bank	$24.4B	7.9x	n/a
Hang Seng Bank	$23.2B	4.4x	n/a
Banco de Crédito del Perú	$23.1B	n/a	n/a
Public Bank	$23.0B	6.8x	n/a
Capitec Bank	$23.0B	8.6x	n/a
Santander Brasil	$22.9B	1.5x	n/a
Krung Thai Bank	$22.6B	4.6x	n/a
Santander Chile	$22.3B	7.6x	n/a
Vietcombank	$22.1B	8.1x	n/a
Banco Bci	$21.8B	7.2x	n/a
Banque Cantonale Vaudoise	$21.5B	15.3x	n/a
Attijariwafa Bank	$21.4B	5.2x	n/a
Yapi Kredi	$21.3B	4.4x	n/a
BIDV	$21.3B	6.5x	n/a
Millennium bcp	$21.0B	5.0x	n/a
Qatar Islamic Bank	$20.8B	8.6x	n/a
Grupo Aval	$20.7B	4.8x	22.2x
Bank Pekao S.A.	$20.6B	4.6x	n/a
Bank of India	$20.5B	5.3x	n/a
Firstrand	$20.4B	2.4x	n/a
Kasikornbank	$20.3B	3.4x	n/a
E. Sun Financial	$19.9B	7.3x	n/a
VietinBank	$19.7B	5.9x	n/a
Emirates Islamic Bank	$19.6B	n/a	n/a
Union Bank of India	$19.5B	3.0x	n/a
Inbursa	$19.0B	5.6x	n/a
Saudi Awwal Bank	$18.9B	4.9x	n/a
Techcombank	$18.7B	9.7x	n/a
Flagstar Bank	$18.6B	8.3x	n/a
Garanti BBVA	$18.6B	2.3x	n/a
National Bank of Greece	$18.5B	5.7x	n/a
Banco de Oro	$18.4B	3.7x	n/a
Grupo Cibest	$18.1B	2.7x	n/a
Absa Group	$18.1B	2.9x	n/a
VakifBank	$17.8B	3.0x	n/a
First Financial Holding	$17.8B	7.8x	n/a
Taishin Holdings	$17.7B	8.7x	n/a
Banque Saudi Fransi	$17.6B	6.4x	n/a
Comerica	$17.4B	5.2x	n/a
Hua Nan Financial Holdings	$17.2B	n/a	n/a
Taiwan Cooperative Bank	$17.2B	n/a	n/a
East West Bank	$17.1B	6.2x	n/a
HDB Financial Services	$16.8B	14.0x	n/a
VPBank	$16.7B	6.6x	n/a
Santander Bank Polska	$16.7B	3.7x	n/a
Western Alliance Bank	$16.3B	4.9x	n/a
Piraeus Bank	$16.3B	5.2x	n/a
Military Commercial	$16.2B	7.1x	n/a
Commercial Bank Qatar	$16.0B	12.3x	n/a
Valiant Holding	$16.0B	23.6x	n/a
Scotiabank Chile	$15.8B	n/a	n/a
Banca Monte dei Paschi	$15.4B	3.3x	n/a
Old National	$15.3B	6.7x	n/a
mBank	$15.2B	4.8x	n/a
EQB	$15.2B	16.2x	n/a
Banca Mediolanum	$15.2B	6.0x	n/a
St.Galler Kantonalbank	$15.1B	21.8x	n/a
Bank of the Philippine Islands	$15.0B	4.7x	n/a
Yes Bank	$14.8B	4.5x	n/a
Oberbank	$14.8B	n/a	n/a
Banque Centrale Populaire	$14.8B	4.8x	n/a
Mashreqbank	$14.6B	4.1x	n/a
Bank of Queensland	$14.4B	13.4x	n/a
Bank Of Ayudhya	$14.3B	3.1x	n/a
FinecoBank	$14.3B	9.5x	n/a
Indian Bank	$14.1B	3.5x	n/a
Webster Financial	$14.1B	5.1x	n/a
Berner Kantonalbank	$14.0B	n/a	n/a
Wintrust	$13.7B	5.2x	n/a
Itaú Chile	$13.6B	8.2x	n/a
SinoPac Financial Holdings	$13.6B	n/a	n/a
IDBI Bank	$13.3B	n/a	n/a
Banca Popolare di Sondrio	$13.2B	6.8x	n/a
Komerční banka	$13.1B	7.3x	n/a
First Horizon Bank	$13.1B	4.0x	n/a
IndusInd Bank	$13.0B	4.2x	n/a
Thurgauer Kantonalbank	$12.9B	24.7x	n/a
Αlpha Services and Holdings	$12.8B	5.0x	n/a
Bank Negara Indonesia	$12.8B	3.2x	n/a
Indian Overseas Bank	$12.6B	n/a	n/a
Unicaja Banco	$12.6B	5.3x	n/a
Bendigo and Adelaide Bank	$12.3B	9.9x	n/a
Arab National	$12.0B	4.5x	n/a
Boubyan Bank	$11.9B	13.8x	n/a
Basellandschaftliche	$11.4B	n/a	n/a
Synovus	$11.3B	4.9x	n/a
Japan Post Bank	$11.2B	0.8x	n/a
Bank Albilad	$11.0B	6.8x	n/a
Zagrebačka banka	$10.9B	n/a	n/a
AlRayan Bank	$10.8B	11.0x	n/a
SouthState	$10.8B	4.7x	n/a
BOK Financial	$10.7B	5.1x	n/a
IDFC First Bank	$10.7B	3.4x	n/a
Banco General Panamá	$10.5B	n/a	n/a
Banca Transilvania	$10.4B	4.1x	n/a
Credito Emiliano	$10.3B	4.6x	n/a
Hong Leong Bank	$10.3B	6.9x	n/a
Halkbank	$10.2B	3.0x	n/a
Graubuendner Kantonalbank	$10.0B	15.4x	n/a
Davivienda	$9.6B	3.2x	n/a
Freedom Holding	$9.6B	n/a	n/a
UMB Bank	$9.6B	4.3x	n/a
Pinnacle Financial Partners	$9.5B	4.9x	n/a
Popular Bank	$9.5B	3.0x	n/a
Bank of Africa	$9.4B	4.2x	n/a
First National Bank	$9.4B	5.5x	n/a
Valley National Bank	$9.3B	4.8x	n/a
Columbia Banking System	$9.3B	4.4x	n/a
Prosperity Bank	$9.3B	7.5x	n/a
TMBThanachart Bank	$9.2B	4.4x	n/a
Grupo Financiero Galicia	$9.2B	1.8x	n/a
KakaoBank	$9.2B	8.9x	n/a
Chang Hwa Bank	$9.2B	n/a	n/a
Nedbank Group	$9.1B	2.2x	n/a
Banco de Bogotá	$9.0B	n/a	n/a
Federal Bank	$9.0B	5.7x	n/a
Shanghai Commercial & Savings Bank	$8.8B	5.0x	n/a
Zions Bank	$8.8B	2.7x	n/a
Associated Bank	$8.8B	6.2x	n/a
Kyoto Financial Group	$8.7B	7.5x	n/a
Zuger	$8.6B	n/a	n/a
Yuanta Financial Holdings	$8.6B	2.3x	n/a
Toyota Financial	$8.6B	26.9x	n/a
Bank Muscat	$8.4B	5.9x	n/a
Frost Bank	$8.3B	3.8x	n/a
MBH Bank	$8.2B	n/a	n/a
Bank Syariah Indonesia	$8.2B	5.3x	n/a
Sabancı Holding	$8.1B	1.7x	n/a
SpareBank 1	$8.1B	9.2x	n/a
Banque Cantonale de	$7.9B	10.9x	n/a
First International Bank of Israel	$7.9B	4.0x	n/a
AU Small Finance Bank	$7.7B	6.0x	19.3x
Banco do Nordeste	$7.7B	n/a	n/a
Intercorp Financial Services	$7.6B	4.3x	25.0x
SpareBank 1	$7.6B	11.1x	n/a
Banco ABC Brasil	$7.6B	13.8x	n/a
Bank of Maharashtra	$7.5B	2.7x	n/a
Bank Millennium	$7.5B	4.3x	n/a
Metrobank	$7.5B	2.8x	n/a
Commerce Bank	$7.3B	4.2x	n/a
Commercial Bank of Dubai	$7.2B	4.8x	n/a
Empresa General de Inversiones	$7.2B	n/a	n/a
Bank OZK	$7.2B	4.2x	n/a
AmBank Group	$7.1B	6.2x	n/a
RAKBANK	$7.1B	5.4x	n/a
CIBanco	$7.1B	33.6x	37.2x
EFG International	$7.1B	3.6x	n/a
Gulf Bank	$7.1B	10.9x	n/a
Glacier Bank	$6.9B	7.3x	n/a
Commercial International Bank Egypt	$6.9B	3.0x	n/a
RHB Bank	$6.8B	3.3x	n/a
Banca Generali	$6.8B	6.1x	n/a
UCO	$6.7B	n/a	n/a
Cembra Money Bank	$6.7B	10.0x	n/a
Nova Ljubljanska banka dd	$6.7B	4.6x	n/a
BBVA Peru	$6.7B	n/a	n/a
Cadence Bank	$6.7B	3.5x	n/a
Home BancShares	$6.6B	6.2x	n/a
Basler Kantonalbank	$6.5B	n/a	n/a
Taiwan Business Bank	$6.4B	n/a	n/a
Walliser	$6.3B	n/a	n/a
Sydbank	$6.2B	5.6x	n/a
Akbank	$6.1B	1.2x	n/a
Dukhan Bank	$6.0B	7.6x	n/a
Texas Capital Bank	$6.0B	5.0x	n/a
Arab Bank	$6.0B	2.1x	n/a
Grupo Security	$5.9B	n/a	n/a
Hancock Whitney	$5.9B	3.9x	n/a
United Bank	$5.9B	5.1x	n/a
Merchants Bancorp	$5.9B	8.8x	n/a
Qatar International Islamic Bank	$5.8B	9.9x	n/a
Avanza Bank Holding	$5.8B	13.3x	n/a
Banc of California	$5.8B	5.4x	n/a
Commercial Bank Of Kuwait	$5.8B	n/a	n/a
BankUnited	$5.8B	5.4x	n/a
Aktia Bank	$5.7B	16.3x	n/a
ING Bank Śląski	$5.6B	1.8x	n/a
Atlantic Union Bank	$5.6B	4.8x	n/a
Banco Di Desio E Della	$5.5B	n/a	n/a
Bladex	$5.4B	17.0x	n/a
Van Lanschot Kempen	$5.4B	6.5x	n/a
Interbank Perú	$5.4B	n/a	n/a
Fulton Financial	$5.3B	4.2x	n/a
Ameris	$5.3B	4.5x	n/a
Wesbanco	$5.3B	6.3x	n/a
Axos Financial	$5.2B	4.1x	n/a
First National of Nebraska	$5.1B	n/a	n/a
Provident Bank	$5.1B	6.4x	n/a
Banco Popular	$5.1B	n/a	n/a
First Financial Bank	$5.1B	8.4x	n/a
Inter & Co	$5.0B	3.7x	n/a
Bicecorp	$5.0B	n/a	n/a
Burgan Bank	$5.0B	6.3x	n/a
Banca Ifis	$5.0B	6.0x	n/a
Warba Bank	$4.8B	16.9x	n/a
Scotiabank Peru	$4.8B	n/a	n/a
Bank AlJazira	$4.8B	4.3x	n/a
WaFd Bank	$4.7B	6.5x	n/a
Banco Macro	$4.6B	1.6x	n/a
Banco Pan	$4.6B	2.2x	n/a
Sparebanken Møre	$4.6B	19.8x	n/a
Central Bank of India	$4.5B	2.0x	n/a
Renasant	$4.5B	5.1x	n/a
Alior Bank	$4.5B	2.7x	n/a
BRD-Groupe Societe	$4.5B	4.6x	n/a
Al Ahli Bank Of Kuwait	$4.5B	n/a	n/a
IBC Bank	$4.4B	n/a	n/a
Destek Finans Faktoring	$4.4B	n/a	n/a
Al Salam Bank	$4.3B	9.0x	n/a
BancFirst	$4.2B	6.3x	n/a
ServisFirst	$4.2B	7.8x	n/a
Bank of Cyprus	$4.1B	n/a	n/a
Independent Bank	$4.1B	5.1x	n/a
United Community Banks	$4.0B	4.0x	n/a
GFH Financial Group	$4.0B	10.6x	n/a
Citi Handlowy	$4.0B	3.4x	n/a
Glarner Kantonalbank	$3.9B	32.1x	n/a
Simmons Bank	$3.9B	4.4x	n/a
Cathay General	$3.9B	5.0x	n/a
First Interstate Bank	$3.8B	3.8x	n/a
First Bank	$3.7B	3.8x	n/a
Community Financial Sys	$3.7B	4.7x	n/a
Banco Azteca	$3.7B	n/a	n/a
Customers Bancorp	$3.6B	4.7x	n/a
BBVA Argentina	$3.6B	1.4x	n/a
Bank of Hawaii	$3.6B	5.2x	n/a
Saudi Investment Bank	$3.5B	3.1x	n/a
Sharjah Islamic Bank	$3.5B	5.9x	n/a
Bac Holding International	$3.4B	n/a	n/a
WSFS Bank	$3.4B	3.2x	n/a
Oma Savings Bank	$3.4B	11.9x	n/a
First Financial Bancorp	$3.4B	3.9x	n/a
Seacoast Bank	$3.4B	5.7x	n/a
Bank of Bahrain and Kuwait	$3.3B	n/a	n/a
Judo Bank	$3.3B	11.7x	32.5x
First Hawaiian Bank	$3.3B	3.9x	n/a
First Merchants Bank	$3.2B	4.8x	n/a
Bancorp	$3.2B	5.4x	n/a
CVB Financial	$3.2B	6.2x	n/a
Eastern Bank	$3.2B	3.5x	n/a
National Bank of Bahrain	$3.1B	n/a	n/a
Trustmark	$3.1B	3.9x	n/a
Banregio	$3.1B	3.3x	n/a
National Bank of Fujairah	$3.1B	n/a	n/a
Towne Bank	$3.0B	3.9x	n/a
Park National Bank	$3.0B	5.5x	n/a
FB Financial	$2.9B	5.2x	n/a
BBVA Colombia	$2.9B	n/a	n/a
Banner	$2.9B	4.4x	n/a
Capitol Federal Finl	$2.9B	14.6x	n/a
Meezan Bank	$2.8B	2.7x	n/a
Enterprise Finl Servs	$2.8B	4.2x	n/a
Banco del Bajio	$2.8B	2.1x	n/a
Bank für Tirol und Vorarlberg	$2.8B	n/a	n/a
Columbia Financial	$2.8B	15.6x	n/a
LHV Group	$2.8B	n/a	n/a
Attica Bank	$2.7B	10.7x	n/a
Banco Intl	$2.7B	n/a	n/a
Stock Yards Bancorp	$2.5B	6.7x	n/a
Sparebanken	$2.5B	25.1x	n/a
NBT Bancorp	$2.5B	3.9x	n/a
Hilltop Hldgs	$2.5B	2.1x	n/a
Banco de Occidente	$2.5B	n/a	n/a
ConnectOne Bancorp	$2.4B	7.1x	n/a
First Foundation	$2.4B	9.8x	n/a
First Busey	$2.4B	3.8x	n/a
OFG Bancorp	$2.4B	3.3x	n/a
Pacific Premier Bank	$2.4B	3.9x	n/a
BCO Estado do Rio Grande	$2.3B	1.4x	n/a
Caisse Regionale	$2.3B	n/a	n/a
BKS Bank	$2.2B	n/a	n/a
First Commonwealth	$2.2B	4.4x	n/a
Dime Community Bancshares	$2.2B	5.6x	n/a
Northwest Bancshares	$2.2B	3.6x	n/a
Rogaland Sparebank	$2.2B	22.7x	n/a
Equity Group Holdings	$2.2B	1.4x	n/a
Brookline Bancorp	$2.1B	4.7x	n/a
Hingham Institution	$2.1B	n/a	n/a
OceanFirst Financial	$2.1B	5.3x	n/a
Optima bank	$2.1B	6.7x	n/a
Banco Bmg	$2.1B	1.8x	n/a
Veritex Holdings	$2.1B	4.7x	n/a
Nicolet Bankshares	$2.1B	5.6x	n/a
Caisse Regionale	$2.0B	n/a	n/a
Housing Bank	$2.0B	n/a	n/a
City Holding	$1.9B	6.3x	n/a
Mercantil do Brasil	$1.9B	n/a	n/a
Moneta Money Bank	$1.9B	2.9x	n/a
Pathward Financial	$1.9B	2.3x	n/a
Northpointe Bank	$1.9B	8.4x	n/a
Bank Jago	$1.9B	12.6x	n/a
Republic Bancorp	$1.8B	4.5x	n/a
Amerant Bancorp	$1.8B	4.3x	n/a
Horizon Bancorp	$1.8B	7.0x	n/a
BaoViet	$1.8B	1.1x	n/a
QCR Hldgs	$1.8B	4.6x	n/a
Byline Bancorp	$1.8B	4.2x	n/a
Berkshire Hills Bancorp	$1.8B	3.8x	n/a
Caisse Regionale du	$1.7B	n/a	n/a
Caisse Regionale	$1.7B	n/a	n/a
Live Oak Bank	$1.7B	3.1x	n/a
Southside Bancshares	$1.7B	6.1x	n/a
Coastal Financial	$1.7B	3.0x	n/a
S&T Bancorp	$1.7B	4.2x	n/a
National Bank Holdings	$1.7B	4.0x	n/a
Burke & Herbert Financial	$1.7B	5.1x	n/a
Banque Cantonale du Jura	$1.7B	n/a	n/a
German American Bancorp	$1.7B	5.2x	n/a
Peoples Bancorp	$1.6B	3.6x	n/a
Stellar Bancorp	$1.6B	3.9x	n/a
Kearny Financial	$1.6B	10.4x	n/a
1st Source	$1.6B	3.9x	n/a
Mibanco-Banco	$1.6B	n/a	n/a
Alandsbanken	$1.6B	n/a	n/a
Triumph Financial	$1.6B	3.8x	n/a
Washington Trust Bancorp	$1.6B	9.1x	n/a
Lakeland Financial	$1.6B	6.0x	n/a
MCB Bank	$1.6B	2.1x	n/a
Hypothekarbank Lenzburg	$1.6B	n/a	n/a
MBH Mortgage Bank	$1.5B	n/a	n/a
TriCo Bancshares	$1.5B	3.7x	n/a
Hope Bancorp	$1.5B	3.0x	n/a
Illimity Bank	$1.5B	4.4x	n/a
HomeStreet	$1.5B	8.3x	n/a
Preferred Bank	$1.5B	5.3x	n/a
Pareto Bank	$1.5B	11.7x	n/a
Northfield Bancorp	$1.4B	9.6x	n/a
Crédit Agricole Nord	$1.4B	n/a	n/a
Origin Bancorp	$1.4B	3.6x	n/a
Business First Bancshares	$1.3B	4.4x	n/a
Credit Agricole Alpes	$1.3B	n/a	n/a
Credit Agricole	$1.3B	n/a	n/a
Bank First	$1.3B	7.9x	n/a
First Mid Bancshares	$1.3B	3.7x	n/a
Komercijalna Banka	$1.3B	n/a	n/a
Westamerica Bancorp	$1.3B	4.6x	n/a
Banco Pine	$1.3B	n/a	n/a
Northeast Bank	$1.3B	5.8x	n/a
Mercantile Bank	$1.2B	5.2x	n/a
SpareBank	$1.2B	10.5x	n/a
Univest Financial	$1.2B	3.9x	n/a
Credit Agricole	$1.2B	n/a	n/a
Jordan Islamic Bank	$1.2B	n/a	n/a
Dovalue	$1.2B	1.9x	5.3x
Banco Patagonia	$1.2B	n/a	n/a
ProCredit Holding	$1.2B	2.3x	n/a
Equity Bancshares	$1.2B	4.8x	n/a
MetroCity Bankshares	$1.2B	7.4x	n/a
Grupo Assa	$1.1B	n/a	n/a
Stopanska Banka	$1.1B	n/a	n/a
Ponce Finl Gr	$1.1B	13.4x	n/a
Midland States Bancorp	$1.1B	3.6x	n/a
Nabil Invest	$1.1B	n/a	n/a
Firstsun Capital Bancorp	$1.1B	2.7x	n/a
Flushing Financial	$1.1B	5.5x	n/a
Community Trust Bancorp	$1.1B	4.1x	n/a
Camden National	$1.1B	4.0x	n/a
Heritage Financial	$1.1B	4.5x	n/a
Great Southern Bancorp	$1.1B	4.8x	n/a
Sparebank 1 Ostfold	$1.1B	8.6x	n/a
SJF Bank	$1.1B	3.9x	n/a
Grupo Supervielle	$1.0B	1.0x	1.9x
SpareBank 1 Ringerike	$1.0B	8.0x	n/a
Bridgewater Bancshares	$1.0B	7.9x	n/a
NLB Banka	$1.0B	n/a	n/a
Banco Amazonia	$1.0B	n/a	n/a
TF Bank	$1.0B	3.6x	n/a
Old Second Bancorp	$1.0B	3.2x	n/a
Credit Agricole	$996M	n/a	n/a
NewtekOne	$996M	3.5x	n/a
Metropolitan Bank Holding	$978M	3.3x	n/a
Hanmi Financial	$969M	3.8x	n/a
HarborOne Bancorp	$959M	5.6x	n/a
CB First Investment Bank	$949M	n/a	n/a
BRB Banco de Brasilia	$946M	n/a	n/a
CNB Financial	$942M	3.6x	n/a
Civista Bancshares	$931M	5.6x	n/a
Central Pacific Financial	$920M	3.3x	n/a
Amalgamated Financial	$901M	2.8x	n/a
HBT Finl	$887M	3.8x	n/a
Unity Bancorp	$873M	7.4x	n/a
Orrstown Financial Servs	$855M	3.7x	n/a
NB Bancorp	$846M	4.9x	n/a
Alerus Financial	$826M	3.2x	n/a
Farmers National Banc	$821M	4.5x	n/a
Independent Bank	$820M	3.6x	n/a
Crédit Agricole Loire	$818M	n/a	n/a
Esquire Financial Hldgs	$816M	6.0x	n/a
SpareBank 1 Nordmore	$810M	8.4x	n/a
Banestes Banco Estado	$800M	n/a	n/a
Trustco Bank	$786M	4.6x	n/a
Financial Institutions	$784M	3.5x	n/a
First Bank	$783M	5.7x	n/a
First Financial	$775M	3.2x	n/a
Peoples Financial Servs	$773M	4.5x	n/a
Capital City Bank Group	$767M	3.1x	n/a
ACNB	$747M	5.5x	n/a
South Plains Financial	$743M	3.6x	n/a
Five Star	$740M	5.1x	n/a
Southern Missouri Bancorp	$735M	4.0x	n/a
Mid Penn Bancorp	$723M	3.5x	n/a
Waterstone Financial	$715M	5.3x	n/a
Eagle Bancorp	$711M	2.3x	n/a
First Business Finl Servs	$708M	4.4x	n/a
MidWestOne Financial Gr	$703M	3.0x	n/a
ChoiceOne Finl Servs	$697M	5.2x	n/a
Butterfield Group	$690M	1.2x	n/a
RBB Bancorp	$676M	5.6x	n/a
Third Coast Bancshares	$666M	3.5x	n/a
Shore Bancshares	$661M	3.1x	n/a
First Community	$660M	4.0x	n/a
Sierra	$656M	4.3x	n/a
Hrvatska Postanska Banka	$656M	n/a	n/a
First Savings Financial	$650M	8.0x	n/a
SmartFinancial	$646M	3.4x	n/a
Laan & Spar Bank	$644M	n/a	n/a
Aurskog Sparebank	$639M	14.8x	n/a
Heritage Commerce	$635M	3.4x	n/a
Coop Pank	$616M	n/a	n/a
Peapack Gladstone Finl	$610M	2.3x	n/a
West Bancorp	$606M	6.7x	n/a
Southern First Bancshares	$604M	5.6x	n/a
FS Bancorp	$597M	4.0x	n/a
Danske Andelskassers Bank	$596M	n/a	n/a
California BanCorp	$591M	3.7x	n/a
Skue Sparebank	$588M	9.7x	n/a
Citizens Financial Servs	$586M	5.8x	n/a
GBank Financial Holdings	$583M	9.3x	n/a
Jaeren Sparebank	$580M	11.1x	n/a
Capital Bancorp	$576M	2.6x	n/a
First Internet Bank	$569M	3.8x	n/a
Credit Agricole du	$568M	n/a	n/a
Farmers & Merchants	$560M	5.0x	n/a
Home Bancorp	$560M	3.9x	n/a
Blue Foundry Bancorp	$559M	12.4x	n/a
Guaranty Bancshares	$558M	4.4x	n/a
Northrim BanCorp	$557M	3.1x	n/a
Community West Bancshare	$541M	4.0x	n/a
BCB Bancorp	$535M	5.4x	n/a
Addiko Bank	$535M	1.5x	n/a
Greene County Bancorp	$532M	n/a	n/a
Carter Bankshares	$528M	3.6x	n/a
Romerike Sparebank	$519M	11.7x	n/a
Banco Hipotecario	$516M	1.3x	n/a
CA Toulouse 31 CCI	$509M	n/a	n/a
Arrow Finl	$491M	3.2x	n/a
Crédit Agricole	$489M	n/a	n/a
First Bancorp	$486M	n/a	n/a
Citizens & Northern	$480M	4.4x	n/a
Haugesund Sparebank	$477M	11.1x	n/a
Bank Ochrony Środowiska	$475M	1.6x	n/a
Colony Bankcorp	$473M	3.7x	n/a
Bankwell Finl Gr	$462M	4.7x	n/a
Banca Sistema	$454M	3.1x	n/a
USCB Financial Holdings	$453M	4.9x	n/a
Foroya Banki	$448M	5.5x	n/a
PCB Bancorp	$441M	4.0x	n/a
First Northwest Bancorp	$433M	6.4x	n/a
VersaBank	$427M	4.8x	n/a
Bank7	$423M	4.4x	n/a
Red River Bancshares	$421M	3.6x	n/a
First Western Financial	$418M	4.3x	n/a
NorthEast Community	$414M	3.9x	n/a
Franklin Financial Servs	$413M	n/a	n/a
ECB Bancorp	$413M	n/a	n/a
Himalayan Bank	$412M	n/a	n/a
Union Bankshares	$411M	n/a	n/a
Richmond Mutual Bancorp	$404M	n/a	n/a
Hawthorn Bancshares	$400M	n/a	n/a
Parke Bancorp	$397M	n/a	n/a
Primis Finl	$397M	3.0x	n/a
BayCom	$394M	3.9x	n/a
Bank of Marin	$387M	3.5x	n/a
Linkbancorp	$384M	3.3x	n/a
Orange County Bancorp	$377M	3.3x	n/a
First United	$375M	4.4x	n/a
C&F Financial	$368M	n/a	n/a
MVB Financial	$366M	2.5x	n/a
Western New England	$361M	5.0x	n/a
Banco Comercial AV Villas	$357M	n/a	n/a
Meridian	$356M	3.0x	n/a
John Marshall Bancorp	$356M	n/a	n/a
Chemung Financial	$352M	3.4x	n/a
Norwood Financial	$344M	4.3x	n/a
First Guaranty Bancshares	$335M	n/a	n/a
Fino Payments Bank	$334M	1.5x	n/a
Middlefield Banc	$331M	4.5x	n/a
Morrow Bank	$329M	2.5x	n/a
Landmark Bancorp	$327M	n/a	n/a
Plumas	$327M	3.6x	n/a
LCNB	$325M	3.7x	n/a
Pioneer Bancorp	$318M	n/a	n/a
Provident Finl Hldgs	$314M	8.0x	n/a
Investar Holding	$312M	3.4x	n/a
Eagle Bancorp Montana	$310M	3.6x	n/a
Hanover Bancorp	$304M	4.2x	n/a
Sparebank 68 Grader Nord	$297M	8.8x	n/a
Broadway Financial	$289M	n/a	n/a
FB Bancorp	$288M	n/a	n/a
CF Bankshares	$282M	4.9x	n/a
Holand og Setskog	$280M	16.3x	n/a
Old Point Financial	$279M	n/a	n/a
Timberland Bancorp	$276M	n/a	n/a
Virginia Ntl Bankshares	$275M	n/a	n/a
Isabella Bank	$269M	3.6x	n/a
Flekkefjord Sparebank	$268M	9.9x	n/a
Melhus Sparebank	$267M	8.2x	n/a
OP Bancorp	$266M	3.0x	n/a
BankProv	$263M	4.7x	n/a
MainStreet Bancshares	$263M	4.0x	n/a
Bogota Finl	$261M	n/a	n/a
Japan Post Holdings	$260M	0.0x	0.0x
FVCBankcorp	$257M	4.0x	n/a
Eagle Financial Services	$257M	3.6x	n/a
First Ntl	$256M	3.2x	n/a
FinWise	$255M	2.7x	n/a
CoastalSouth Bancshares	$255M	n/a	n/a
Fidelity D & D Bancorp	$253M	n/a	n/a
Princeton Bancorp	$249M	3.1x	n/a
Riverview Bancorp	$238M	4.6x	n/a
Pathfinder Bancorp	$237M	n/a	n/a
Winchester Bancorp	$235M	n/a	n/a
Oak Valley	$232M	n/a	n/a
Nuernberger Beteiligungs	$223M	n/a	n/a
Citizens Community	$216M	3.6x	n/a
Grong Sparebank	$216M	6.6x	n/a
Ohio Valley Banc	$210M	n/a	n/a
Fynske Bank	$207M	n/a	n/a
BV Financial	$203M	n/a	n/a
First Community	$200M	2.7x	n/a
Ames National	$200M	n/a	n/a
Bien Sparebank	$196M	12.4x	n/a
CB Financial Services	$192M	3.6x	n/a
SB Finl Gr	$186M	3.3x	n/a
United Bancorp	$186M	6.4x	n/a
Voss Veksel	$183M	11.5x	n/a
Patria Bank	$183M	n/a	n/a
National Bankshares	$180M	4.0x	n/a
Chain Bridge Bank	$179M	3.3x	n/a
BankFinancial	$177M	3.2x	n/a
Nordfyns Bank	$176M	n/a	n/a
Patriot Ntl Bancorp	$175M	n/a	n/a
Affinity Bancshares	$174M	n/a	n/a
Peoples Bancorp of NC	$172M	n/a	n/a
United Security	$171M	n/a	n/a
IF Bancorp	$167M	n/a	n/a
BCO Estado de Sergipe	$167M	n/a	n/a
Bulgarian American Credit	$160M	n/a	n/a
Sound Financial Bancorp	$152M	n/a	n/a
SR Bancorp	$152M	n/a	n/a
Magyar Bancorp	$149M	n/a	n/a
Lollands Bank	$141M	n/a	n/a
AmeriServ Financial	$129M	n/a	n/a
Banco Actinver	$128M	0.5x	0.7x
Finward Bancorp	$128M	1.8x	n/a
First Cap	$124M	n/a	n/a
BayFirst Financial	$115M	n/a	n/a
Aasen Sparebank	$108M	6.2x	n/a
Mons Bank	$105M	n/a	n/a
Nidaros Sparebank	$104M	8.2x	n/a
First US Bancshares	$101M	n/a	n/a
Lake Shore Bancorp	$99.1M	n/a	n/a
AGRAM BANKA	$98.5M	n/a	n/a
CFSB Bancorp	$98.2M	n/a	n/a
Sogn Sparebank	$96.6M	4.5x	n/a
Texas Community	$96.6M	n/a	n/a
Wiener Privatbank	$93.5M	n/a	n/a
Auburn National Bancorp	$90.4M	n/a	n/a
Summit State Bank	$85.2M	n/a	n/a
Kentucky First Federal	$79.3M	n/a	n/a
Central Plains Bancshares	$74.6M	n/a	n/a
Fifth District Bancorp	$74.3M	n/a	n/a
First Seacoast Bancorp	$73.9M	n/a	n/a
Bank of the James Finl Gr	$73.3M	n/a	n/a
Banca Profilo	$68.3M	n/a	n/a
Catalyst Bancorp	$61.8M	n/a	n/a
Carver Bancorp	$60.4M	n/a	n/a
Kraft Bank	$53.7M	n/a	n/a
Texim Bank	$51.6M	n/a	n/a
PB Bankshares	$44.6M	n/a	n/a
Alisa Bank	$37.0M	2.0x	-24.1x
Getin Holding	$27.1M	n/a	n/a
Centrum Finansowe	$17.2M	n/a	n/a
CB Central Cooperative	-$163M	n/a	n/a
Doverie Obed	-$309M	n/a	n/a
Banco Invex	-$1.6B	n/a	n/a
Wise	-$2.7B	-1.4x	-3.4x