Alabama Banking Almanac – 3Q20

We are pleased to present the latest installment of Banking Almanac, a comprehensive report on all Alabama banks and thrifts with data as of and for the twelve months ended September 30, 2020 as well as a comprehensive view of Community Bank performance, defined as banks with less than $2B in assets for banks in Alabama and the nation.

Since October 1, 7% of all publicly traded Community Banks have announced stock buyback programs, the highest level in the past 12 months. The reason is simple, our industry is doing well and our stocks are currently undervalued by the market, even after the surge November 9th. If you have shareholders who desire liquidity, now may be a good time to consider a stock repurchase. For more information on this service, please email Michael Murphey.

Banking Almanac

Click here for Banking Almanac in PDF.

This report examines Alabama institutions by a variety of financial measures:

  • Total Assets
  • Net Interest Margin
  • Non-Interest Income
  • Non-Interest Expense
  • Asset Quality Score
  • Pre-Tax Return on Average Equity

For Banking Almanac in Excel format or to request a paper copy, please email Michael Murphey.

For more information on Porter White’s community bank practice, please click here.