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TEXAS BANKING NEWS, PEOPLE AND IDEAS

News

Six Texas-based Banks Make Forbes’ List of 2022 ‘World’s Best Banks’

April 26, 2022

On April 13, Forbes released its 2022 list of the “Best Banks in the World.” Twenty-seven countries were included in the list, with 75 of those being U.S.-based banks. Of the U.S. banks, six are based in Texas, with another twelve that have a presence in the Lone Star State.

According to Forbes:

Prospects for the banking industry are looking up after two years dominated by a global pandemic and a decade of low-interest rates. Now central banks are being forced into a hawkish stance to combat inflation that sits at a 40-year high, measuring 8.5 percent in March. As rates rise, banks will be able to profit from a rise in net interest margins, a crucial source of earnings.

In the U.S., those rate hikes are already underway with the Federal Reserve announcing a 25 basis point jump in mid-March and the Federal Open Market Committee projecting as many as six more rate hikes throughout this year. This comes as the U.S. economy recovers much faster than much of the rest of the world, to the tune of 5.7 percent GDP growth in 2021.

It is in this environment that Forbes publishes its fourth annual World’s Best Banks, in conjunction with market research firm Statista. Instead of looking at balance sheets and profit and loss statements, as Forbes does for its annual list of America’s Best Banks, Statista surveyed more than 45,000 customers in 14 languages around the globe for their opinions on their current and former banking relationships.

Banks were rated on general satisfaction, as well as key metrics such as trust, fees, digital services and financial advice.

“A company’s greatest assets are its customers, because without customers there is no company,” says Tracy French, president and CEO of Conway, Arkansas-based Centennial Bank, which ranked 32nd and operates 62 branches in Texas. “Being recognized on the world stage is certainly one of the highest honors we could receive. Being named to the list for three years in a row is a testament to the efforts of our amazing bankers.”

Here are Forbes’ 2022 “Best Banks in the World” based in Texas, as well as those that have branches in the state:

Rank Bank Headquarters
4 USAA San Antonio, Texas
10 Bank of Oklahoma Tulsa, Oklahoma
16 Trustmark Jackson, Mississippi
17 Bank OZK Little Rock, Arkansas
22 Cullen/Frost Bankers San Antonio, Texas
26 IBC Bank Laredo, Texas
32 Centennial Bank Conway, Arkansas
34 Prosperity Bancshares Houston, Texas
37 Regions Financial Birmingham, Alabama
44 Capital One McLean, Virginia
45 PNC Financial Services Pittsburgh, Pennsylvania
47 Chase New York, New York
52 First National Bank Texas Killeen, Texas
57 Simmons Bank Pine Bluff, Arkansas
64 BancorpSouth Tupelo, Mississippi
65 Woodforest National Bank The Woodlands, Texas
70 Hancock Whitney Bank Gulfport, Mississippi
74 Commerce Bank Kansas City, Missouri

Click here to see the full list of Forbes 2022 “Best Banks in the World.”

Centennial Bank’s parent company, Home BancShares, was also named one of “America’s Best Banks” by Forbes in February. Little Rock, Arkansas-based Bank OZK and Pine Bluff, Arkansas-based Simmons Bank also made the list, ranking at No. 2 and No. 44, respectively. All three do business in Texas. In Oklahoma, Oklahoma City-based BOK Financial was rated 81st.

Here are the Texas-based banks that were named 2022 “America’s Best Banks”:

Rank Bank Headquarters
6 Prosperity Bancshares Houston, Texas
26 International Bancshares Laredo, Texas
40 Hilltop Holdings Dallas, Texas
46 Cadence Bank Houston, Texas
50 Independent Bank Group McKinney, Texas
55 Cullen/Frost Bankers San Antonio, Texas
76 Comerica Dallas, Texas
94 Texas Capital Bancshares Dallas, Texas

Click here to see the full list of Forbes’ 2022 “America’s Best Banks.”

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

News

Six Texas-based Banks Make Forbes’ List of 2022 ‘World’s Best Banks’

April 26, 2022

On April 13, Forbes released its 2022 list of the “Best Banks in the World.” Twenty-seven countries were included in the list, with 75 of those being U.S.-based banks. Of the U.S. banks, six are based in Texas, with another twelve that have a presence in the Lone Star State.

According to Forbes:

Prospects for the banking industry are looking up after two years dominated by a global pandemic and a decade of low-interest rates. Now central banks are being forced into a hawkish stance to combat inflation that sits at a 40-year high, measuring 8.5 percent in March. As rates rise, banks will be able to profit from a rise in net interest margins, a crucial source of earnings.

In the U.S., those rate hikes are already underway with the Federal Reserve announcing a 25 basis point jump in mid-March and the Federal Open Market Committee projecting as many as six more rate hikes throughout this year. This comes as the U.S. economy recovers much faster than much of the rest of the world, to the tune of 5.7 percent GDP growth in 2021.

It is in this environment that Forbes publishes its fourth annual World’s Best Banks, in conjunction with market research firm Statista. Instead of looking at balance sheets and profit and loss statements, as Forbes does for its annual list of America’s Best Banks, Statista surveyed more than 45,000 customers in 14 languages around the globe for their opinions on their current and former banking relationships.

Banks were rated on general satisfaction, as well as key metrics such as trust, fees, digital services and financial advice.

“A company’s greatest assets are its customers, because without customers there is no company,” says Tracy French, president and CEO of Conway, Arkansas-based Centennial Bank, which ranked 32nd and operates 62 branches in Texas. “Being recognized on the world stage is certainly one of the highest honors we could receive. Being named to the list for three years in a row is a testament to the efforts of our amazing bankers.”

Here are Forbes’ 2022 “Best Banks in the World” based in Texas, as well as those that have branches in the state:

Rank Bank Headquarters
4 USAA San Antonio, Texas
10 Bank of Oklahoma Tulsa, Oklahoma
16 Trustmark Jackson, Mississippi
17 Bank OZK Little Rock, Arkansas
22 Cullen/Frost Bankers San Antonio, Texas
26 IBC Bank Laredo, Texas
32 Centennial Bank Conway, Arkansas
34 Prosperity Bancshares Houston, Texas
37 Regions Financial Birmingham, Alabama
44 Capital One McLean, Virginia
45 PNC Financial Services Pittsburgh, Pennsylvania
47 Chase New York, New York
52 First National Bank Texas Killeen, Texas
57 Simmons Bank Pine Bluff, Arkansas
64 BancorpSouth Tupelo, Mississippi
65 Woodforest National Bank The Woodlands, Texas
70 Hancock Whitney Bank Gulfport, Mississippi
74 Commerce Bank Kansas City, Missouri

Click here to see the full list of Forbes 2022 “Best Banks in the World.”

Centennial Bank’s parent company, Home BancShares, was also named one of “America’s Best Banks” by Forbes in February. Little Rock, Arkansas-based Bank OZK and Pine Bluff, Arkansas-based Simmons Bank also made the list, ranking at No. 2 and No. 44, respectively. All three do business in Texas. In Oklahoma, Oklahoma City-based BOK Financial was rated 81st.

Here are the Texas-based banks that were named 2022 “America’s Best Banks”:

Rank Bank Headquarters
6 Prosperity Bancshares Houston, Texas
26 International Bancshares Laredo, Texas
40 Hilltop Holdings Dallas, Texas
46 Cadence Bank Houston, Texas
50 Independent Bank Group McKinney, Texas
55 Cullen/Frost Bankers San Antonio, Texas
76 Comerica Dallas, Texas
94 Texas Capital Bancshares Dallas, Texas

Click here to see the full list of Forbes’ 2022 “America’s Best Banks.”

SHARE THIS FEATURE:

Previous Promotions Announced at Texas Bank and Trust’s Employee Awards Dinner Next Texas Bank and Trust Names Peiffer ‘2021 Employee of the Year’

MORE News

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Mississippi-based Cadence Bank to Acquire Industry Bancshares

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

Six Texas-based Banks Make Forbes’ List of 2022 ‘World’s Best Banks’

April 26, 2022

On April 13, Forbes released its 2022 list of the “Best Banks in the World.” Twenty-seven countries were included in the list, with 75 of those being U.S.-based banks. Of the U.S. banks, six are based in Texas, with another twelve that have a presence in the Lone Star State.

According to Forbes:

Prospects for the banking industry are looking up after two years dominated by a global pandemic and a decade of low-interest rates. Now central banks are being forced into a hawkish stance to combat inflation that sits at a 40-year high, measuring 8.5 percent in March. As rates rise, banks will be able to profit from a rise in net interest margins, a crucial source of earnings.

In the U.S., those rate hikes are already underway with the Federal Reserve announcing a 25 basis point jump in mid-March and the Federal Open Market Committee projecting as many as six more rate hikes throughout this year. This comes as the U.S. economy recovers much faster than much of the rest of the world, to the tune of 5.7 percent GDP growth in 2021.

It is in this environment that Forbes publishes its fourth annual World’s Best Banks, in conjunction with market research firm Statista. Instead of looking at balance sheets and profit and loss statements, as Forbes does for its annual list of America’s Best Banks, Statista surveyed more than 45,000 customers in 14 languages around the globe for their opinions on their current and former banking relationships.

Banks were rated on general satisfaction, as well as key metrics such as trust, fees, digital services and financial advice.

“A company’s greatest assets are its customers, because without customers there is no company,” says Tracy French, president and CEO of Conway, Arkansas-based Centennial Bank, which ranked 32nd and operates 62 branches in Texas. “Being recognized on the world stage is certainly one of the highest honors we could receive. Being named to the list for three years in a row is a testament to the efforts of our amazing bankers.”

Here are Forbes’ 2022 “Best Banks in the World” based in Texas, as well as those that have branches in the state:

Rank Bank Headquarters
4 USAA San Antonio, Texas
10 Bank of Oklahoma Tulsa, Oklahoma
16 Trustmark Jackson, Mississippi
17 Bank OZK Little Rock, Arkansas
22 Cullen/Frost Bankers San Antonio, Texas
26 IBC Bank Laredo, Texas
32 Centennial Bank Conway, Arkansas
34 Prosperity Bancshares Houston, Texas
37 Regions Financial Birmingham, Alabama
44 Capital One McLean, Virginia
45 PNC Financial Services Pittsburgh, Pennsylvania
47 Chase New York, New York
52 First National Bank Texas Killeen, Texas
57 Simmons Bank Pine Bluff, Arkansas
64 BancorpSouth Tupelo, Mississippi
65 Woodforest National Bank The Woodlands, Texas
70 Hancock Whitney Bank Gulfport, Mississippi
74 Commerce Bank Kansas City, Missouri

Click here to see the full list of Forbes 2022 “Best Banks in the World.”

Centennial Bank’s parent company, Home BancShares, was also named one of “America’s Best Banks” by Forbes in February. Little Rock, Arkansas-based Bank OZK and Pine Bluff, Arkansas-based Simmons Bank also made the list, ranking at No. 2 and No. 44, respectively. All three do business in Texas. In Oklahoma, Oklahoma City-based BOK Financial was rated 81st.

Here are the Texas-based banks that were named 2022 “America’s Best Banks”:

Rank Bank Headquarters
6 Prosperity Bancshares Houston, Texas
26 International Bancshares Laredo, Texas
40 Hilltop Holdings Dallas, Texas
46 Cadence Bank Houston, Texas
50 Independent Bank Group McKinney, Texas
55 Cullen/Frost Bankers San Antonio, Texas
76 Comerica Dallas, Texas
94 Texas Capital Bancshares Dallas, Texas

Click here to see the full list of Forbes’ 2022 “America’s Best Banks.”

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Moody Foundation Awards $200,000 to Texas Southern University’s Future Bankers Leadership Program

Texas Bankers Hall of Fame Inducts Burris, Cooper, Hartenstine, Hoxworth and Nesbitt at Annual Gala

Louisiana-based Origin Bank Opens New Office in The Woodlands, Hires Staley for Business Development

Mississippi-based Cadence Bank to Acquire Industry Bancshares

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas