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	$1.22T	6.7x	n/a
Bank of America	$771B	7.0x	n/a
ICBC China	$693B	5.9x	n/a
Royal Bank of Canada	$649B	13.1x	n/a
Agricultural Bank of China	$602B	5.8x	n/a
Citigroup	$582B	6.8x	n/a
Bank Of China	$581B	6.4x	n/a
China Const Bank	$565B	5.4x	n/a
China Construction Bank	$564B	5.3x	n/a
Wells Fargo	$477B	5.7x	n/a
Santander	$473B	6.4x	n/a
UBS	$375B	7.5x	n/a
Commonwealth Bank	$356B	17.3x	n/a
Scotiabank	$334B	11.9x	n/a
TD Bank	$313B	7.6x	n/a
Nordea	$310B	21.8x	n/a
Bank of Montreal	$307B	11.4x	n/a
MUFG	$305B	3.1x	n/a
BNP Paribas	$297B	4.9x	n/a
ING Group	$286B	10.6x	n/a
Shanghai Pudong Development Bank	$256B	10.1x	n/a
China Citic Bank Corp	$256B	8.5x	n/a
UniCredit	$249B	8.4x	n/a
Bank of Communications	$247B	6.6x	n/a
China Everbright Bank	$235B	12.5x	n/a
Industrial Bank China	$232B	7.6x	n/a
HDFC Bank	$230B	11.2x	n/a
Westpac	$228B	14.2x	n/a
BBVA	$226B	5.2x	n/a
Deutsche Bank	$223B	5.9x	n/a
Credit Agricole	$217B	6.6x	n/a
Handelsbanken	$217B	34.2x	n/a
ANZ Group Holdings	$202B	12.9x	n/a
State Bank of India	$197B	7.4x	n/a
Canadian Imperial Bank	$196B	9.0x	n/a
China Merchants Bank	$195B	4.0x	n/a
DBS Bank	$191B	10.4x	n/a
National Australia Bank	$190B	12.8x	n/a
SMBC Group	$189B	5.0x	n/a
Barclays	$183B	4.6x	n/a
Capital One	$180B	3.4x	n/a
Industrial Bank of Korea	$179B	31.1x	n/a
U.S. Bank	$175B	6.1x	n/a
Danske Bank	$169B	18.8x	n/a
Bank Of Jiangsu	$165B	13.3x	n/a
China Minsheng Banking	$165B	8.1x	n/a
Itaú Unibanco	$153B	4.3x	n/a
ABN AMRO Bank	$151B	14.5x	n/a
PNC Financial Services	$150B	6.5x	n/a
CaixaBank	$146B	7.5x	n/a
Swedbank	$146B	19.1x	n/a
Sumitomo Mitsui Trust Bank	$145B	26.8x	n/a
DNB Bank	$142B	15.2x	n/a
Truist	$140B	6.9x	n/a
Standard Chartered	$138B	6.5x	n/a
Lloyds Banking Group	$136B	5.2x	n/a
ICICI Bank	$135B	10.4x	n/a
Al Rajhi Bank	$135B	13.2x	n/a
Huaxia Bank	$133B	10.5x	n/a
Ping An Bank	$133B	6.8x	n/a
National Bank of Canada	$131B	12.6x	n/a
KB Financial Group	$128B	10.7x	n/a
Intesa Sanpaolo	$122B	3.7x	n/a
Bank Of Ningbo	$121B	11.7x	n/a
BNY Mellon	$118B	5.9x	n/a
HSBC	$116B	1.7x	n/a
Erste Group	$114B	8.4x	n/a
SEB Group	$109B	12.6x	n/a
Bank of Shanghai	$108B	13.6x	n/a
Bank Of Beijing	$106B	10.4x	n/a
Saudi National Bank	$104B	10.0x	n/a
Banco Bradesco	$103B	4.0x	n/a
Bank Of Nanjing	$92.5B	11.8x	n/a
Hana Financial Group	$90.7B	11.5x	n/a
Mizuho Financial Group	$86.5B	4.4x	n/a
Emirates NBD	$85.6B	6.4x	n/a
Macquarie Group	$83.0B	6.5x	n/a
ORIX	$81.5B	4.2x	31.1x
Jyske Bank	$81.0B	38.5x	n/a
Nubank	$79.9B	6.2x	n/a
Qatar National Bank	$79.9B	6.6x	n/a
Nationwide Building	$79.9B	n/a	n/a
China Zheshang Bank	$79.0B	8.6x	n/a
China Zheshang Bank Co	$78.9B	8.5x	n/a
United Overseas Bank	$78.4B	7.1x	n/a
BTG Pactual	$75.4B	n/a	n/a
Oversea-Chinese Banking	$74.9B	6.5x	n/a
Axis Bank	$74.4B	8.1x	n/a
Postal Savings Bank	$73.0B	1.5x	n/a
Postal Savings Bank	$72.9B	1.4x	n/a
Bank Of Hangzhou	$71.5B	12.5x	n/a
Bank of China (Hong Kong)	$69.8B	7.3x	n/a
Woori Financial Group	$66.4B	8.9x	n/a
Resona Holdings	$66.2B	13.4x	n/a
Fifth Third Bank	$64.1B	7.1x	n/a
Invest Bank	$61.4B	n/a	n/a
First Citizens Bank	$61.1B	6.9x	n/a
Shinkin Central Bank	$60.5B	19.6x	n/a
Huntington Bank	$56.2B	6.8x	n/a
First Abu Dhabi Bank	$56.0B	5.7x	n/a
Kotak Mahindra Bank	$55.2B	11.9x	n/a
Mediobanca	$54.5B	12.1x	n/a
Huishang Bank Corp	$53.3B	n/a	n/a
Bank Leumi	$53.2B	7.1x	n/a
Alinma Bank	$52.9B	17.1x	n/a
Bank Central Asia	$52.5B	7.7x	n/a
Fukuoka Financial Group	$52.1B	24.4x	n/a
M&T Bank	$51.0B	5.3x	n/a
Kuwait Finance House	$50.6B	9.0x	n/a
Banco BPM	$50.3B	7.1x	n/a
Banco Sabadell	$49.5B	6.6x	n/a
KBC Group	$48.1B	3.3x	n/a
Abu Dhabi Commercial Bank	$47.5B	7.9x	n/a
Maybank	$47.2B	6.1x	n/a
China Bohai Bank Co	$46.9B	n/a	n/a
QNB Bank	$46.4B	n/a	n/a
BPER Banca	$45.8B	6.0x	n/a
Commerzbank	$45.8B	3.2x	n/a
Société Générale	$45.3B	1.4x	n/a
Firstrand	$44.6B	4.7x	n/a
Banca Monte dei Paschi	$43.9B	7.3x	n/a
Bank Rakyat Indonesia	$43.2B	3.5x	n/a
Bank Hapoalim	$42.5B	5.4x	n/a
OTP Bank	$41.5B	4.5x	n/a
Raiffeisen Bank	$41.5B	4.4x	n/a
Banorte	$41.2B	4.4x	n/a
Citizens Financial Group	$41.2B	5.0x	n/a
Bank Mandiri	$41.0B	4.5x	n/a
PKO Bank Polski	$40.9B	4.7x	n/a
CTBC Financial Holding	$40.6B	6.2x	n/a
National Bank of Kuwait	$39.6B	9.3x	n/a
Bank of Changsha Co	$38.6B	10.1x	n/a
Bank Of Chongqing	$37.9B	17.5x	n/a
Banco De Chile	$37.5B	10.5x	n/a
KeyCorp	$37.5B	5.0x	n/a
Bank of Chengdu	$37.1B	10.8x	n/a
Ally Financial	$36.7B	4.6x	4.9x
Riyad Bank	$35.4B	7.2x	n/a
Banco do Brasil	$35.4B	1.3x	n/a
Mizrahi-Tefahot Bank	$35.4B	n/a	n/a
Capitec Bank	$34.3B	10.7x	n/a
Standard Bank Group	$34.2B	3.1x	n/a
Credicorp	$33.9B	5.1x	n/a
Shinhan Financial Group	$33.3B	3.2x	n/a
Sparebanken Norge	$33.3B	26.7x	n/a
Bawag Group	$33.1B	12.6x	n/a
Banco Bci	$32.5B	9.2x	n/a
Japan Post Bank	$32.3B	3.1x	n/a
AIB Group	$32.3B	6.1x	n/a
Shanghai Rural Commercial Bank	$32.3B	8.5x	n/a
Chongqing Rural Commercial Bank	$32.2B	7.9x	n/a
Bank of Baroda	$32.1B	4.5x	n/a
Chongqing Rural Comml	$32.1B	7.7x	n/a
Regions Bank	$32.1B	4.2x	n/a
Bank of Ireland	$31.6B	6.5x	n/a
CIMB Group	$31.6B	5.5x	n/a
Banco de Crédito del Perú	$31.0B	n/a	n/a
Santander Brasil	$30.6B	1.9x	n/a
Canara Bank	$30.5B	4.3x	n/a
SpareBank 1 Sor Norge	$29.9B	21.2x	n/a
Santander Chile	$29.5B	8.7x	n/a
Luzerner Kantonalbank	$29.2B	32.6x	n/a
Bank of Suzhou Co	$28.5B	15.7x	n/a
Public Bank	$28.2B	7.6x	n/a
Abu Dhabi Islamic Bank	$28.0B	8.4x	n/a
Yapi Kredi	$27.7B	5.8x	n/a
Punjab National Bank	$27.7B	4.1x	n/a
SCB X	$27.5B	5.0x	n/a
NatWest Group	$27.3B	1.2x	n/a
Yokohama Financial Group	$27.0B	13.1x	n/a
Banque Cantonale Vaudoise	$26.9B	n/a	n/a
Bangkok Bank	$26.7B	4.6x	n/a
Bankinter	$26.7B	7.4x	n/a
Krung Thai Bank	$26.6B	5.1x	n/a
Grupo Aval	$26.2B	5.3x	26.0x
Grupo Cibest	$26.1B	3.3x	n/a
Taishin Holdings	$25.4B	9.0x	n/a
Dubai Islamic Bank	$25.1B	7.1x	n/a
Garanti BBVA	$24.9B	3.2x	n/a
İşbank	$24.0B	n/a	n/a
Union Bank of India	$23.8B	3.8x	n/a
Millennium bcp	$23.7B	5.3x	n/a
Israel Discount Bank	$23.4B	4.7x	n/a
BIDV	$23.3B	7.1x	n/a
Banque Saudi Fransi	$23.1B	8.2x	n/a
Chiba Bank	$23.1B	17.3x	n/a
Kasikornbank	$23.0B	3.7x	n/a
Qatar Islamic Bank	$22.9B	12.4x	n/a
Bank Pekao S.A.	$22.5B	4.7x	n/a
Vietcombank	$22.3B	7.9x	n/a
Mega Financial Holding Co	$22.0B	9.1x	n/a
Absa Group	$21.6B	3.0x	n/a
Saudi Awwal Bank	$21.1B	5.4x	n/a
Techcombank	$20.5B	10.1x	n/a
Attijariwafa Bank	$20.5B	5.2x	n/a
Santander Bank Polska	$20.4B	4.6x	n/a
National Bank of Greece	$20.3B	6.2x	n/a
Bank of India	$19.8B	5.3x	n/a
Emirates Islamic Bank	$19.6B	n/a	n/a
VakifBank	$19.3B	3.3x	n/a
Hua Nan Financial Holdings	$19.2B	8.6x	n/a
E. Sun Financial	$19.1B	6.7x	n/a
Military Commercial	$18.9B	7.5x	n/a
VietinBank	$18.9B	5.5x	n/a
East West Bank	$18.9B	6.5x	n/a
VPBank	$18.8B	6.8x	n/a
Scotiabank Chile	$18.5B	n/a	n/a
Flagstar Bank	$18.4B	9.1x	n/a
Indian Bank	$18.4B	4.6x	n/a
Inbursa	$18.3B	5.2x	n/a
Itaú Chile	$18.1B	9.7x	n/a
Piraeus Bank	$18.0B	5.7x	n/a
Banco de Oro	$17.7B	3.6x	n/a
Mashreqbank	$17.7B	5.2x	n/a
Valiant Holding	$17.3B	24.3x	n/a
First Financial Holding	$17.3B	8.1x	n/a
St.Galler Kantonalbank	$17.2B	21.8x	n/a
Western Alliance Bank	$17.1B	4.9x	n/a
SinoPac Financial Holdings	$17.0B	7.2x	n/a
Commercial Bank Qatar	$16.8B	13.1x	n/a
Bank Of Ayudhya	$16.8B	3.3x	n/a
Old National	$16.6B	6.5x	n/a
IDBI Bank	$16.1B	n/a	n/a
Taiwan Cooperative Bank	$16.0B	n/a	n/a
Banca Popolare di Sondrio	$16.0B	8.0x	n/a
Banca Mediolanum	$15.9B	6.1x	n/a
Oberbank	$15.7B	n/a	n/a
Berner Kantonalbank	$15.7B	n/a	n/a
HDB Financial Services	$15.6B	12.8x	n/a
Webster Financial	$15.5B	5.4x	n/a
FinecoBank	$15.3B	9.8x	n/a
Bank of Queensland	$15.2B	12.9x	n/a
mBank	$15.1B	4.5x	n/a
Wintrust	$15.0B	5.5x	n/a
EQB	$14.9B	16.0x	n/a
Komerční banka	$14.8B	8.0x	n/a
Thurgauer Kantonalbank	$14.3B	n/a	n/a
Yes Bank	$14.2B	6.0x	n/a
Bank of the Philippine Islands	$14.2B	4.3x	n/a
First Horizon Bank	$13.8B	4.1x	n/a
Bank Negara Indonesia	$13.7B	3.6x	n/a
Hong Leong Bank	$13.6B	8.1x	n/a
Αlpha Services and Holdings	$13.2B	5.0x	n/a
Banco General Panamá	$13.2B	n/a	n/a
IndusInd Bank	$12.9B	4.5x	n/a
Columbia Banking System	$12.9B	5.7x	n/a
Unicaja Banco	$12.7B	5.1x	n/a
Indian Overseas Bank	$12.5B	n/a	n/a
Halkbank	$12.5B	n/a	n/a
IDFC First Bank	$12.2B	3.9x	n/a
Basellandschaftliche	$12.2B	n/a	n/a
Akbank	$12.0B	2.5x	n/a
Bank Albilad	$11.8B	7.1x	n/a
Banco de Bogotá	$11.7B	n/a	n/a
Boubyan Bank	$11.7B	13.6x	n/a
Credito Emiliano	$11.6B	5.2x	n/a
First International Bank of Israel	$11.6B	n/a	n/a
Banca Transilvania	$11.5B	4.3x	n/a
Nedbank Group	$11.5B	2.5x	n/a
Arab National	$11.4B	4.3x	n/a
BOK Financial	$11.3B	5.3x	n/a
Valley National Bank	$11.2B	5.6x	n/a
Sabancı Holding	$11.2B	0.4x	5.1x
SouthState Bank	$10.9B	4.1x	n/a
Graubuendner Kantonalbank	$10.8B	n/a	n/a
Zagrebačka banka	$10.8B	n/a	n/a
Davivienda	$10.8B	3.3x	n/a
Federal Bank	$10.8B	6.8x	n/a
Popular Bank	$10.8B	3.3x	n/a
Yuanta Financial Holdings	$10.7B	2.9x	n/a
UMB Bank	$10.6B	4.1x	n/a
Commercial International Bank Egypt	$10.5B	4.2x	n/a
Walliser	$10.5B	n/a	n/a
Zions Bank	$10.4B	3.1x	n/a
Basler Kantonalbank	$10.4B	n/a	n/a
First National Bank	$10.3B	5.8x	n/a
Bendigo and Adelaide Bank	$10.2B	7.4x	n/a
RHB Bank	$10.1B	4.5x	n/a
ING Bank Śląski	$10.1B	3.1x	n/a
Lion Finance Group	$10.0B	n/a	n/a
Laurentian Bank of Canada	$10.0B	13.7x	n/a
TMBThanachart Bank	$9.9B	4.7x	n/a
Grupo Financiero Galicia	$9.8B	1.7x	n/a
Kyoto Financial Group	$9.8B	9.1x	n/a
Zuger	$9.5B	n/a	n/a
Frost Bank	$9.5B	4.2x	n/a
AlRayan Bank	$9.4B	10.0x	n/a
AU Small Finance Bank	$9.3B	7.2x	23.6x
Empresa General de Inversiones	$9.3B	n/a	n/a
Prosperity Bank	$9.2B	7.4x	n/a
Toyota Financial	$9.2B	28.0x	n/a
Chang Hwa Bank	$9.2B	n/a	n/a
KakaoBank	$9.0B	9.1x	n/a
Bank of Maharashtra	$8.9B	4.1x	n/a
Banque Centrale Populaire	$8.9B	3.0x	n/a
Intercorp Financial Services	$8.9B	4.5x	n/a
Bank of Africa	$8.8B	3.9x	n/a
BBVA Peru	$8.7B	n/a	n/a
Associated Bank	$8.6B	5.8x	n/a
EFG International	$8.5B	4.0x	n/a
Commercial Bank of Dubai	$8.4B	5.1x	n/a
Bank Millennium	$8.4B	4.5x	n/a
Banque Cantonale de	$8.3B	11.6x	n/a
AmBank Group	$8.2B	6.4x	n/a
Bank Muscat	$8.1B	5.4x	n/a
SpareBank 1	$8.1B	8.6x	n/a
Banco ABC Brasil	$8.1B	13.4x	n/a
RAKBANK	$8.0B	5.6x	n/a
Banco do Nordeste	$7.9B	n/a	n/a
SpareBank 1	$7.9B	10.3x	n/a
CIBanco	$7.7B	33.7x	34.6x
Shanghai Commercial & Savings Bank	$7.7B	4.6x	n/a
Metrobank	$7.6B	2.8x	n/a
Destek Finans Faktoring	$7.6B	n/a	n/a
Glacier Bank	$7.4B	7.1x	n/a
Central Bank of India	$7.3B	3.4x	n/a
Banca Generali	$7.3B	6.3x	n/a
Cembra Money Bank	$7.3B	n/a	n/a
Nova Ljubljanska banka dd	$7.3B	4.8x	n/a
Sharjah Islamic Bank	$7.3B	10.6x	n/a
Atlantic Union Bank	$7.1B	5.2x	n/a
Commerce Bank	$7.1B	4.0x	n/a
Dukhan Bank	$7.0B	8.9x	n/a
Bank Syariah Indonesia	$7.0B	4.5x	n/a
United Bank	$7.0B	5.7x	n/a
Gulf Bank	$6.9B	11.1x	n/a
Hancock Whitney	$6.8B	4.5x	n/a
Banco Macro	$6.7B	2.3x	n/a
Banc of California	$6.6B	5.9x	n/a
Home BancShares	$6.6B	6.1x	n/a
Merchants Bancorp	$6.6B	9.8x	n/a
Interbank Perú	$6.5B	n/a	n/a
UCO	$6.5B	n/a	n/a
Bank OZK	$6.5B	3.8x	n/a
Aktia Bank	$6.4B	18.2x	n/a
Axos Financial	$6.4B	4.8x	n/a
Ameris	$6.4B	5.2x	n/a
Qatar International Islamic Bank	$6.3B	10.7x	n/a
MBH Bank	$6.3B	n/a	n/a
Freedom Holding	$6.2B	n/a	n/a
First National of Nebraska	$6.2B	n/a	n/a
Arab Bank	$6.1B	2.1x	n/a
BRD-Groupe Societe	$6.1B	6.0x	n/a
Scotiabank Peru	$6.1B	n/a	n/a
Moneta Money Bank	$6.0B	8.8x	n/a
Banca Ifis	$5.9B	6.8x	n/a
Avanza Bank Holding	$5.9B	11.7x	n/a
Texas Capital Bank	$5.7B	4.5x	n/a
F I B I Holding	$5.6B	n/a	n/a
Taiwan Business Bank	$5.6B	n/a	n/a
Inter & Co	$5.6B	3.6x	n/a
Banco del Bajio	$5.5B	3.8x	n/a
Provident Bank	$5.5B	6.4x	n/a
BankUnited	$5.5B	5.0x	n/a
Bac Holding International	$5.4B	n/a	n/a
Banco Popular	$5.4B	n/a	n/a
Wesbanco	$5.4B	5.5x	n/a
Sparebanken Møre	$5.3B	21.2x	n/a
WaFd Bank	$5.3B	7.1x	n/a
Banco Di Desio E Della	$5.3B	n/a	n/a
Bladex	$5.2B	15.6x	n/a
Fulton Financial	$5.2B	4.0x	n/a
Alior Bank	$5.0B	2.9x	n/a
Commercial Bank Of Kuwait	$4.9B	8.0x	n/a
Renasant	$4.9B	4.9x	n/a
Eastern Bank	$4.9B	4.9x	n/a
Independent Bank	$4.9B	5.7x	n/a
Bank of Cyprus	$4.9B	n/a	n/a
First Financial Bank	$4.8B	7.5x	n/a
Warba Bank	$4.8B	13.6x	n/a
ServisFirst	$4.7B	8.4x	n/a
Banco Azteca	$4.7B	n/a	n/a
Al Salam Bank	$4.7B	8.1x	n/a
GFH Financial Group	$4.7B	7.6x	n/a
Bank AlJazira	$4.7B	4.0x	n/a
Saudi Investment Bank	$4.7B	4.1x	n/a
Al Ahli Bank Of Kuwait	$4.7B	6.6x	n/a
IBC Bank	$4.6B	n/a	n/a
Seacoast Bank	$4.6B	7.0x	n/a
Van Lanschot Kempen	$4.4B	5.0x	n/a
United Community Banks	$4.4B	4.1x	n/a
Burgan Bank	$4.4B	5.2x	n/a
First Financial Bancorp	$4.4B	4.8x	n/a
BBVA Argentina	$4.2B	1.8x	n/a
TBC Bank Gr	$4.2B	n/a	n/a
Customers Bancorp	$4.2B	5.0x	n/a
Glarner Kantonalbank	$4.2B	33.4x	n/a
Citi Handlowy	$4.1B	4.7x	n/a
First Interstate Bank	$4.1B	4.1x	n/a
Bank of Hawaii	$4.0B	5.6x	n/a
Close Brothers Group	$4.0B	4.3x	n/a
Community Financial Sys	$4.0B	4.8x	n/a
BancFirst	$3.9B	5.7x	n/a
WSFS Bank	$3.9B	3.6x	n/a
National Bank of Fujairah	$3.8B	n/a	n/a
First Bank	$3.8B	3.8x	n/a
Oma Savings Bank	$3.8B	14.2x	n/a
Cathay General	$3.7B	4.6x	n/a
Simmons Bank	$3.7B	4.1x	n/a
Mechanics Bancorp	$3.7B	n/a	n/a
Towne Bank	$3.7B	4.3x	n/a
Banregio	$3.6B	3.5x	n/a
Judo Bank	$3.6B	11.0x	30.1x
Bank of Bahrain and Kuwait	$3.6B	8.1x	n/a
BCO Estado do Rio Grande	$3.6B	2.0x	n/a
Meezan Bank	$3.5B	3.4x	n/a
First Merchants Bank	$3.5B	5.1x	n/a
FB Financial	$3.3B	5.5x	n/a
Albaraka Turk Katilim	$3.3B	n/a	n/a
CVB Financial	$3.3B	6.3x	n/a
Caisse Regionale	$3.3B	n/a	n/a
Trustmark	$3.2B	4.0x	n/a
Park National Bank	$3.2B	5.8x	n/a
First Hawaiian Bank	$3.2B	3.6x	n/a
Hilltop Hldgs	$3.2B	2.6x	n/a
Banco Intl	$3.1B	n/a	n/a
Bank für Tirol und Vorarlberg	$3.1B	n/a	n/a
Columbia Financial	$3.1B	n/a	n/a
National Bank of Bahrain	$3.0B	5.7x	n/a
Bancorp	$3.0B	4.8x	n/a
BBVA Colombia	$3.0B	n/a	n/a
LHV Group	$2.9B	n/a	n/a
MyState	$2.9B	17.7x	n/a
Capitol Federal Finl	$2.8B	13.4x	n/a
Equity Group Holdings	$2.8B	1.8x	n/a
Enterprise Finl Servs	$2.8B	3.9x	n/a
BKS Bank	$2.8B	n/a	n/a
OceanFirst Financial	$2.8B	6.9x	n/a
Mercantil do Brasil	$2.7B	n/a	n/a
Sparebanken	$2.7B	25.8x	n/a
NBT Bancorp	$2.7B	3.9x	n/a
Banco de Occidente	$2.7B	n/a	n/a
ConnectOne Bancorp	$2.6B	6.9x	n/a
Secure Trust Bank	$2.6B	9.1x	n/a
First Busey	$2.6B	3.6x	n/a
Northwest Bancshares	$2.6B	4.0x	n/a
Caisse Regionale	$2.6B	n/a	n/a
Banner	$2.5B	3.8x	n/a
KCB Group PLC	$2.5B	1.6x	n/a
Optima bank	$2.5B	7.4x	n/a
Rogaland Sparebank	$2.5B	24.4x	n/a
Dime Community Bancshares	$2.5B	5.5x	n/a
Nicolet Bankshares	$2.4B	6.1x	n/a
Metro Bank Holdings	$2.4B	2.9x	n/a
Housing Bank	$2.3B	n/a	n/a
First Commonwealth	$2.3B	4.4x	n/a
OFG Bancorp	$2.3B	3.1x	n/a
BaoViet	$2.2B	1.3x	n/a
First Foundation	$2.2B	8.9x	n/a
Hingham Institution	$2.2B	n/a	n/a
QCR Hldgs	$2.2B	5.4x	n/a
Northpointe Bank	$2.1B	8.9x	n/a
Live Oak Bank	$2.1B	3.6x	n/a
Caisse Regionale	$2.1B	n/a	n/a
Byline Bancorp	$2.0B	4.6x	n/a
Stellar Bancorp	$2.0B	4.8x	n/a
Stock Yards Bancorp	$2.0B	5.1x	n/a
Caisse Regionale du	$2.0B	n/a	n/a
Yibin City Commercial	$2.0B	n/a	n/a
City Holding	$2.0B	6.2x	n/a
Pathward Financial	$2.0B	2.4x	n/a
Republic Bancorp	$1.9B	4.8x	n/a
1st Source	$1.9B	4.5x	n/a
Hope Bancorp	$1.9B	3.6x	n/a
Peoples Bancorp	$1.9B	4.1x	n/a
MCB Bank	$1.9B	2.6x	n/a
S&T Bancorp	$1.9B	4.7x	n/a
National Bank Holdings	$1.9B	4.4x	n/a
Co-operative Bank of Kenya Ltd	$1.9B	n/a	n/a
Amerant Bancorp	$1.9B	4.3x	n/a
Banque Cantonale du Jura	$1.8B	n/a	n/a
German American Bancorp	$1.8B	5.0x	n/a
Alandsbanken	$1.8B	n/a	n/a
Hypothekarbank Lenzburg	$1.8B	n/a	n/a
Banco Bmg	$1.8B	n/a	n/a
Bank First	$1.8B	10.2x	n/a
Crédit Agricole Nord	$1.8B	n/a	n/a
Lakeland Financial	$1.7B	6.3x	n/a
Japan Post Holdings	$1.7B	0.0x	0.3x
Banco Patagonia	$1.7B	n/a	n/a
TriCo Bancshares	$1.7B	4.1x	n/a
Southside Bancshares	$1.7B	6.3x	n/a
Mibanco-Banco	$1.7B	n/a	n/a
MBH Mortgage Bank	$1.7B	n/a	n/a
Ujjivan Small Finance Bank	$1.6B	3.1x	n/a
Kearny Financial	$1.6B	9.5x	n/a
Banco Pine	$1.6B	4.5x	n/a
Burke & Herbert Financial	$1.6B	4.6x	n/a
Northfield Bancorp	$1.6B	10.3x	n/a
Northeast Bank	$1.5B	7.1x	n/a
Credit Agricole Alpes	$1.5B	n/a	n/a
LPBank	$1.5B	n/a	n/a
ICBC Turkey Bank	$1.5B	n/a	n/a
Business First Bancshares	$1.5B	4.8x	n/a
Camden National	$1.5B	5.9x	n/a
Preferred Bank	$1.5B	5.1x	n/a
SpareBank	$1.5B	11.7x	n/a
Pareto Bank	$1.4B	10.8x	n/a
SJF Bank	$1.4B	5.2x	n/a
Mercantile Bank	$1.4B	5.9x	n/a
Credit Agricole	$1.4B	n/a	n/a
Banca Profilo	$1.4B	n/a	n/a
Jordan Islamic Bank	$1.4B	n/a	n/a
Old Second Bancorp	$1.4B	4.1x	n/a
Origin Bancorp	$1.4B	3.5x	n/a
Sekerbank	$1.4B	n/a	n/a
First Mid Bancshares	$1.4B	3.9x	n/a
Equity Bancshares	$1.4B	5.2x	n/a
Bank Jago	$1.4B	8.2x	n/a
Bank of Jerusalem	$1.4B	n/a	n/a
Washington Trust Bancorp	$1.4B	6.2x	n/a
Grupo Supervielle	$1.4B	1.7x	4.8x
MetroCity Bankshares	$1.4B	8.6x	n/a
Stopanska Banka	$1.3B	n/a	n/a
DCB Commercial Bank Plc	$1.3B	3.7x	n/a
Univest Financial	$1.3B	4.1x	n/a
Komercijalna Banka	$1.3B	n/a	n/a
Coastal Financial	$1.3B	2.6x	n/a
Credit Agricole	$1.3B	n/a	n/a
Grupo Assa	$1.3B	n/a	n/a
Westamerica Bancorp	$1.3B	5.0x	n/a
CB First Investment Bank	$1.3B	n/a	n/a
First Financial	$1.3B	4.8x	n/a
Equitas Small Finance Bank	$1.2B	2.6x	n/a
Community Trust Bancorp	$1.2B	4.4x	n/a
Amalgamated Financial	$1.2B	3.7x	n/a
Ponce Finl Gr	$1.2B	n/a	n/a
Horizon Bancorp	$1.2B	4.4x	n/a
SpareBank 1 Ringerike	$1.2B	8.5x	n/a
CNB Financial	$1.2B	4.3x	n/a
TF Bank	$1.2B	3.7x	n/a
NB Bancorp	$1.2B	5.2x	n/a
BRB Banco de Brasilia	$1.2B	n/a	n/a
NewtekOne	$1.2B	4.0x	n/a
ProCredit Holding	$1.2B	2.2x	n/a
Bridgewater Bancshares	$1.1B	7.7x	n/a
Firstsun Capital Bancorp	$1.1B	2.6x	n/a
Flushing Financial	$1.1B	4.6x	n/a
Dovalue	$1.1B	1.6x	4.3x
Vanquis Banking Group	$1.1B	1.8x	n/a
MidWestOne Financial Gr	$1.1B	4.4x	n/a
Banco Amazonia	$1.1B	n/a	n/a
Sparebank 1 Ostfold	$1.1B	7.9x	n/a
Hanmi Financial	$1.1B	4.0x	n/a
Credit Agricole	$1.1B	n/a	n/a
Butterfield Group	$1.1B	1.8x	n/a
Great Southern Bancorp	$1.1B	4.7x	n/a
Orrstown Financial Servs	$1.0B	4.2x	n/a
Alerus Financial	$1.0B	3.6x	n/a
Pasargad Bank	$1.0B	n/a	n/a
NLB Banka	$1.0B	n/a	n/a
Nabil Invest	$1.0B	n/a	n/a
Central Pacific Financial	$1.0B	3.4x	n/a
Heritage Financial	$997M	3.9x	n/a
Trustco Bank	$981M	n/a	n/a
HBT Finl	$970M	4.1x	n/a
Laan & Spar Bank	$959M	n/a	n/a
Metropolitan Bank Holding	$951M	3.1x	n/a
Five Star	$950M	6.0x	n/a
Crédit Agricole Loire	$937M	n/a	n/a
Esquire Financial Hldgs	$907M	6.3x	n/a
Eagle Bancorp	$904M	3.1x	n/a
Nuernberger Beteiligungs	$877M	n/a	n/a
Farmers National Banc	$876M	4.5x	n/a
Midland States Bancorp	$871M	2.8x	n/a
ACNB	$867M	5.6x	n/a
SpareBank 1 Nordmore	$864M	8.3x	n/a
Heritage Commerce	$859M	4.4x	n/a
Independent Bank	$855M	3.7x	n/a
Southern Missouri Bancorp	$845M	4.4x	n/a
Mid Penn Bancorp	$832M	3.7x	n/a
Peoples Financial Servs	$823M	4.3x	n/a
Peapack Gladstone Finl	$808M	2.9x	n/a
SmartFinancial	$808M	4.1x	n/a
Unity Bancorp	$803M	6.4x	n/a
Banestes Banco Estado	$795M	n/a	n/a
Crédit Agricole	$789M	n/a	n/a
Financial Institutions	$782M	3.2x	n/a
Civista Bancshares	$779M	4.5x	n/a
Danske Andelskassers Bank	$777M	n/a	n/a
First Bank	$765M	5.2x	n/a
Shore Bancshares	$757M	3.4x	n/a
ChoiceOne Financial Servs	$749M	4.6x	n/a
First Business Finl Servs	$748M	4.4x	n/a
South Plains Financial	$748M	3.5x	n/a
Southern First Bancshares	$747M	6.3x	n/a
Waterstone Financial	$743M	n/a	n/a
First Community	$732M	4.4x	n/a
Capital City Bank Group	$729M	2.9x	n/a
Hrvatska Postanska Banka	$728M	n/a	n/a
Credit Agricole du	$715M	n/a	n/a
Coop Pank	$711M	n/a	n/a
Skue Sparebank	$704M	10.1x	n/a
Aurskog Sparebank	$693M	15.0x	n/a
Colony Bankcorp	$690M	5.2x	n/a
West Bancorp	$688M	7.0x	n/a
RBB Bancorp	$670M	5.4x	n/a
Romerike Sparebank	$668M	13.9x	n/a
California BanCorp	$664M	3.7x	n/a
Carter Bankshares	$655M	4.3x	n/a
Foroya Banki	$648M	n/a	n/a
Northrim BanCorp	$642M	3.2x	n/a
Jaeren Sparebank	$638M	11.5x	n/a
Greene County Bancorp	$620M	n/a	n/a
Banco Hipotecario	$617M	1.9x	n/a
Bank Ochrony Środowiska	$616M	2.0x	n/a
Blue Foundry Bancorp	$616M	12.7x	n/a
Citizens Financial Servs	$609M	n/a	n/a
Community West Bancshare	$609M	4.1x	n/a
Citizens & Northern	$609M	5.3x	n/a
CA Toulouse 31 CCI	$604M	n/a	n/a
VersaBank	$603M	6.4x	n/a
Farmers & Merchants	$599M	5.0x	n/a
Addiko Bank	$599M	1.6x	n/a
Arrow Finl	$599M	3.6x	n/a
Red River Bancshares	$592M	4.8x	n/a
Haugesund Sparebank	$590M	12.9x	n/a
Sierra	$580M	3.7x	n/a
Investar Holding	$577M	6.4x	n/a
Capital Bancorp	$569M	2.4x	n/a
Bankwell Finl Gr	$559M	5.3x	n/a
Primis Finl	$543M	3.6x	n/a
Linkbancorp	$536M	4.5x	n/a
First Internet Bank	$535M	3.6x	n/a
Home Bancorp	$534M	3.6x	n/a
Isabella Bank	$522M	6.6x	n/a
Commercial Bancgroup	$521M	5.8x	n/a
First Bancorp	$515M	n/a	n/a
Orange County Bancorp	$503M	4.2x	n/a
FS Bancorp	$499M	3.3x	n/a
GBank Financial Holdings	$496M	n/a	n/a
Parke Bancorp	$473M	n/a	n/a
Middlefield Banc	$469M	6.0x	n/a
Bank of Marin	$458M	4.0x	n/a
PCB Bancorp	$448M	3.9x	n/a
ECB Bancorp	$444M	n/a	n/a
BCB Bancorp	$432M	4.3x	n/a
Chemung Financial	$431M	3.9x	n/a
MVB Financial	$431M	3.2x	n/a
Union Bankshares	$417M	n/a	n/a
First Northwest Bancorp	$416M	6.3x	n/a
Plumas	$415M	4.3x	n/a
Bank7	$413M	4.3x	n/a
USCB Financial Holdings	$412M	4.2x	n/a
Banca Sistema	$408M	2.1x	n/a
Meridian	$404M	3.2x	n/a
NorthEast Community	$400M	3.8x	n/a
Western New England	$392M	n/a	n/a
Pioneer Bancorp	$373M	n/a	n/a
Himalayan Bank	$373M	n/a	n/a
John Marshall Bancorp	$373M	5.9x	n/a
Norwood Financial	$367M	4.2x	n/a
EQT Holdings	$363M	2.7x	7.3x
First United	$360M	4.1x	n/a
First Western Financial	$359M	3.5x	n/a
LCNB	$357M	3.9x	n/a
BayCom	$356M	3.5x	n/a
First Guaranty Bancshares	$351M	n/a	n/a
Timberland Bancorp	$331M	n/a	n/a
Sparebank 68 Grader Nord	$330M	9.0x	n/a
CoastalSouth Bancshares	$328M	4.0x	n/a
Banco Comercial AV Villas	$328M	n/a	n/a
Arbuthnot Banking Group	$326M	1.3x	n/a
CF Bankshares	$324M	5.2x	n/a
Melhus Sparebank	$321M	9.4x	n/a
OP Bancorp	$321M	3.4x	n/a
Provident Finl Hldgs	$317M	8.0x	n/a
Broadway Financial	$316M	n/a	n/a
Holand og Setskog	$314M	17.1x	n/a
FVCBankcorp	$298M	4.5x	n/a
Hanover Bancorp	$297M	4.0x	n/a
Fino Payments Bank	$295M	1.6x	n/a
First Ntl	$292M	3.3x	n/a
Flekkefjord Sparebank	$287M	9.5x	n/a
FB Bancorp	$283M	n/a	n/a
BCO Estado de Sergipe	$282M	n/a	n/a
First Community	$280M	3.6x	n/a
Oak Valley	$277M	n/a	n/a
Eagle Financial Services	$276M	3.4x	n/a
Fidelity D & D Bancorp	$272M	n/a	n/a
MainStreet Bancshares	$264M	n/a	n/a
Ames National	$263M	n/a	n/a
Eagle Bancorp Montana	$262M	2.9x	n/a
Fynske Bank	$261M	n/a	n/a
Ohio Valley Banc	$257M	n/a	n/a
Winchester Bancorp	$257M	n/a	n/a
C&F Financial	$253M	n/a	n/a
Virginia Ntl Bankshares	$249M	n/a	n/a
Grong Sparebank	$246M	6.7x	n/a
FinWise	$243M	1.9x	n/a
National Bankshares	$242M	n/a	n/a
Princeton Bancorp	$240M	2.8x	n/a
Bogota Finl	$239M	n/a	n/a
Hawthorn Bancshares	$238M	n/a	n/a
Chain Bridge Bank	$233M	4.3x	n/a
Citizens Community	$229M	3.7x	n/a
CB Financial Services	$222M	4.0x	n/a
Bien Sparebank	$222M	13.3x	n/a
Franklin Financial Servs	$221M	n/a	n/a
Peoples Bancorp of NC	$220M	n/a	n/a
Patria Bank	$217M	n/a	n/a
BV Financial	$209M	n/a	n/a
Finward Bancorp	$208M	3.0x	n/a
United Security	$203M	n/a	n/a
Voss Veksel	$202M	11.5x	n/a
Riverview Bancorp	$201M	3.8x	n/a
Landmark Bancorp	$199M	n/a	n/a
SB Finl Gr	$195M	n/a	n/a
Pathfinder Bancorp	$191M	n/a	n/a
SR Bancorp	$188M	n/a	n/a
Affinity Bancshares	$180M	n/a	n/a
Patriot Ntl Bancorp	$180M	n/a	n/a
First Cap	$173M	n/a	n/a
Lollands Bank	$168M	n/a	n/a
Bulgarian American Credit	$159M	n/a	n/a
Richmond Mutual Bancorp	$139M	n/a	n/a
Banco Actinver	$139M	0.5x	0.7x
Aasen Sparebank	$131M	6.8x	n/a
Mons Bank	$130M	n/a	n/a
Sound Financial Bancorp	$126M	n/a	n/a
Nidaros Sparebank	$124M	9.0x	n/a
Magyar Bancorp	$121M	n/a	n/a
First Seacoast Bancorp	$116M	n/a	n/a
Hoyne Bancorp	$115M	n/a	n/a
Lake Shore Bancorp	$113M	n/a	n/a
Wiener Privatbank	$110M	n/a	n/a
AmeriServ Financial	$105M	n/a	n/a
Summit State Bank	$104M	n/a	n/a
Bank of the James Finl Gr	$102M	n/a	n/a
First US Bancshares	$98.5M	n/a	n/a
AGRAM BANKA	$94.8M	n/a	n/a
Texas Community	$94.2M	n/a	n/a
IF Bancorp	$89.8M	n/a	n/a
BNK Banking Corp	$87.6M	n/a	n/a
Auburn National Bancorp	$87.3M	n/a	n/a
United Bancorp	$85.4M	n/a	n/a
Fifth District Bancorp	$83.5M	n/a	n/a
Kentucky First Federal	$82.6M	n/a	n/a
Central Plains Bancshares	$81.7M	n/a	n/a
Catalyst Bancorp	$79.9M	n/a	n/a
Sogn Sparebank	$77.7M	3.4x	n/a
Kraft Bank	$68.8M	n/a	n/a
BayFirst Financial	$66.7M	n/a	n/a
Alisa Bank	$41.3M	2.2x	n/a
Getin Holding	$30.4M	n/a	n/a
CB Texim Bank	$14.9M	n/a	n/a
Centrum Finansowe	$14.3M	n/a	n/a
CB Central Cooperative	-$148M	n/a	n/a
Doverie Obed	-$297M	n/a	n/a
Banco Invex	-$1.7B	-56.6x	n/a
Wise	-$7.9B	-3.6x	-11.1x