Efficiency ratio: US bank rankings
Beal Bank USA ranked first (lowest) by efficiency ratio at Q2 2026 with 6.02%, followed by Ameriprise Bank, FSB (9.99%) and Wells Fargo Bank South Central (14.50%). Rank among 500 banks reporting this metric, 1 = lowest; the median bank was at 55.91%. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Beal Bank USA moved to first, ahead of Ameriprise Bank, FSB, first in Q1 2026
- Median: down from 56.63% to 55.91%
- Biggest rise in the top 100: SMBC MANUBANK, from 506th to 5th
Sparklines: the last ten years (median and count: every quarter of this ranking). Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Ranking, Q2 2026
| Rank (1 = lowest) | Change in rank | Bank | State | Q2 2026 | Q1 2026 | |
|---|---|---|---|---|---|---|
| 321 | -52 | CTBC Bank Corp. (USA) | CA | 59.20% | 57.55% | |
| 322 | -56 | PNC Bank | DE | 59.23% | 57.19% | |
| 323 | +24 | Texas Capital Bank | TX | 59.29% | 61.87% | |
| 324 | -71 | Bradesco Bank | FL | 59.34% | 56.61% | |
| 325 | -97 | Community West Bank | CA | 59.36% | 55.47% | |
| 326 | -18 | HomeTrust Bank | NC | 59.43% | 59.53% | |
| 327 | +19 | Manasquan Bank | NJ | 59.58% | 61.84% | |
| 328 | -4 | Midland States Bank | IL | 59.79% | 60.29% | |
| 329 | +63 | First Fidelity Bank | OK | 59.89% | 65.81% | |
| 330 | +15 | The Huntington National Bank | OH | 59.91% | 61.78% | |
| 331 | -233 | Ameris Bank | GA | 59.99% | 47.15% | |
| 332 | -31 | Banner Bank | WA | 60.03% | 58.82% | |
| 333 | -18 | Univest Bank and Trust Co. | PA | 60.13% | 59.89% | |
| 334 | same | City Bank | TX | 60.26% | 61.02% | |
| 335 | -21 | Enterprise Bank & Trust | MO | 60.26% | 59.88% | |
| 336 | +3 | Citizens Bank | RI | 60.29% | 61.38% | |
| 337 | -19 | b1BANK | LA | 60.37% | 60.06% | |
| 338 | -28 | Arrow Bank | NY | 60.50% | 59.76% | |
| 339 | +15 | Third Federal Savings and Loan Association of Cleveland | OH | 60.53% | 62.70% | |
| 340 | +13 | Ocean Bank | FL | 60.58% | 62.49% | |
| 341 | +27 | Farmers and Merchants Bank of Long Beach | CA | 60.58% | 63.70% | |
| 342 | +9 | Lake Ridge Bank | WI | 60.75% | 62.48% | |
| 343 | +44 | Guaranty Bank and Trust Company | MS | 60.90% | 65.09% | |
| 344 | +6 | Bank of Marin | CA | 60.95% | 62.32% | |
| 345 | +17 | Safra National Bank of New York | NY | 60.98% | 63.35% | |
| 346 | -23 | American Savings Bank | HI | 61.00% | 60.29% | |
| 347 | -9 | Emprise Bank | KS | 61.06% | 61.34% | |
| 348 | -5 | Alpine Bank | CO | 61.40% | 61.67% | |
| 349 | +7 | Alerus Financial | ND | 61.42% | 62.77% | |
| 350 | -57 | Banc of California | CA | 61.49% | 58.48% | |
| 351 | +111 | Nicolet National Bank | WI | 61.51% | 74.17% | |
| 352 | +17 | Independent Bank | MI | 61.54% | 63.71% | |
| 353 | -21 | Republic Bank of Chicago | IL | 61.54% | 60.87% | |
| 354 | -56 | Investar Bank | LA | 61.60% | 58.70% | |
| 355 | -33 | Sunwest Bank | UT | 61.60% | 60.23% | |
| 356 | -7 | Susser Bank | TX | 61.62% | 62.19% | |
| 357 | -9 | Bank of Utah | UT | 61.65% | 61.95% | |
| 358 | -45 | BankPlus | MS | 61.94% | 59.88% | |
| 359 | -17 | BOKF | OK | 62.01% | 61.65% | |
| 360 | +3 | Dacotah Bank | SD | 62.19% | 63.43% | |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor. Change in rank compares with Q1 2026. Bars: value relative to the largest in the table.
Who leads the table?
The five banks at the top of the table at Q2 2026 were Beal Bank USA (6.02%, NV), Ameriprise Bank, FSB (9.99%, MN), Wells Fargo Bank South Central (14.50%, TX), Charles Schwab Premier Bank, SSB (14.86%, TX) and SMBC MANUBANK (16.50%, CA). 8 of the top 10 were also in the top 10 in Q1 2026. 5 of the top 10 have their head office in Texas.
How are the values spread?
Half of the 500 banks have a value between 48.88% and 63.42% (the middle two quarters of the table); one in ten is above 72.71% and one in ten below 38.11%. A year earlier, at Q2 2025, the median was 58.59% across 528 banks. The median fell from 56.63% in Q1 2026 to 55.91% in Q2 2026.
2 values lie far from the rest of the table (more than three times the spread of the middle half beyond it): United Fidelity Bank, fsb (127.86%); Erebor Bank (211.95%). Values like these usually come from special-purpose banks, such as trust, custody, credit card or payment banks, whose balance sheets differ from lending banks; compare them with care.
Which of the top 100 banks moved most?
Between Q1 2026 and Q2 2026, of the 500 banks ranked in both quarters, 263 moved up the table, 212 moved down and 25 kept their place; the typical bank moved 10 places.
Largest moves up the table from Q1 2026 to Q2 2026: SMBC MANUBANK (from 506th to 5th; 485.38% to 16.50%); Atlantic Union Bank (from 148th to 98th; 50.72% to 46.62%); Amboy Bank (from 73rd to 34th; 44.15% to 34.23%). Largest moves down the table from Q1 2026 to Q2 2026: Carter Bank & Trust (from 18th to 54th; 28.28% to 38.54%); Sallie Mae Bank (from 11th to 29th; 26.43% to 32.99%); State Bank of Southern Utah (from 75th to 89th; 44.33% to 45.84%).
How is this ranking built?
Noninterest expense (less amortization of intangibles) as a percent of net interest income plus noninterest income (FDIC calculation). Lower is more efficient. Efficiency ratio values are year-to-date figures from each bank's Call Report for Q2 2026, ranked from lowest to highest, because a lower value is safer for this metric (1 = lowest).
Full definitions are on the methodology page for efficiency ratio.
Other US bank rankings
- Bank equity capital
- Common equity tier 1 (CET1) ratio
- Deposits in domestic offices
- Full-time equivalent employees
- Loan-to-deposit ratio
- Total loans and leases (gross)
- Net loans and leases
- Net charge-offs to average loans
- Net income (year to date)
- Net interest margin
- Noncurrent loans to total loans
- Number of offices
- Return on assets (ROA)
- Return on equity (ROE)
- Available-for-sale securities (amortized cost)
- Available-for-sale securities (fair value)
- Held-to-maturity securities (amortized cost)
- Held-to-maturity securities (fair value)
- Total securities
- Tier 1 leverage ratio
- Total assets
- Total deposits
- Total equity capital
- Total risk-based capital ratio
- Uninsured share of domestic deposits
- Estimated uninsured deposits
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. Primary source: FDIC BankFind Suite; cross-check: FFIEC Central Data Repository. Checks: Check A passed, Check B passed.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.