What are super-regional banks?
Key Takeaways. A super regional bank is a mid-sized financial institution that has a significant presence in a geographical region across multiple states. A super regional bank is similar to a large national or global bank in terms of assets, revenue, and scale of activities, but does not operate on a global level.
Super-regional banks — the large financial institutions that do business in many states across the country and in some cases have similar assets and revenue as the Big Six banks — also face the same climate-related risks as these global giants. But they face far less public accountability.
The US's best super-regional investment bank: Truist Securities.
For example, Zions Bank is a regional bank that primarily serves the Intermountain West. However, some regional banks have larger footprints.
The Federal Reserve defines a regional bank as one with $10 billion to $100 billion in assets. On the other hand, a community bank is one with less than $10 billion. In practice, regional banks are those that have a multi-state presence but located in specific regions of the country.
The super regional category typically refers to banks with more than $50 billion in assets. Super regional American banks include U.S. Bancorp, Bank of New York Mellon (BoNY), CapitalOne, KeyCorp, PNC Financial Services Group, and BB&T Corp.
| Name | Last Price | Avg. Analyst Rating |
|---|---|---|
| TFC Truist Financial Corporation | 43.26 | Buy |
| MTB M&T Bank Corporation | 185.19 | Buy |
| FITB Fifth Third Bancorp | 43.84 | Buy |
| FCNCA First Citizens BancShares, Inc. | 2,021.10 | Buy |
The Reserve Banks are decentralized by design and are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
| Star Rating | Bank Name | HQ Location |
|---|---|---|
| ★★★★★ | Bell Bank | Fargo, North Dakota |
| ★★★★★ | Belmont Bank & Trust Co | Chicago, Illinois |
| ★★★★½ | Benchmark Community Bank | Kenbridge, Virginia |
| ★★★★★ | Berkshire Bank | Pittsfield, Massachusetts |
Examples of national banks include well-known names like Bank of America, Wells Fargo, and Chase.
What is the largest regional bank in the United States?
Columbus, Ohio-based JPMorgan Chase is the largest US bank with total assets of $3.503 trillion. Some $2.684 trillion are domestic assets, accounting for 77% of its total assets. The bank operates 4,912 domestic branches and 32 foreign branches.
Branch and ATM access: Regional banks generally operate a sizeable network of branches, many inherited through bank acquisitions, so one is never far away. Further, in addition to their branch ATMs, regional banks typically align with other ATM networks to assure the same access one would find with a national bank.
Regional Australia Bank is a customer owned bank. We demonstrate tangible value through quality, competitively priced products and a superior level of service from specialists that saves our members time, money and effort. We have been helping regional Australians achieve their lifestyle goals for more than 45 years.
Yes, PNC is considered a super-regional bank. This category typically refers to banks with more than $50 billion in assets and a significant presence in a specific geographic area, but not nationwide coverage like the largest national banks.
What started as arguably too many regional banks has today become a group of Super-Regionals including Huntington, Key Bank, Zions, Western Alliance, Comerica, Umpqua, M&T and First Horizon, among many others who fill this large void.
Truist Bank was hit with two federal class actions last week arising from a data breach that occurred in October 2023, alleging the bank failed to prevent the exposure of individuals' personal identifying information.
The Federal Reserve differentiates between regional banks and community banks by their asset sizes: Regional banks are those with assets between $10 billion and $100 billion while community banks are those with less than $10 billion in assets.
A regional bank is a type of bank that is located within specific parts of the country and operates on a smaller level than a national bank. Although only available in certain areas, these depository institutions will serve people throughout the state in which they have a branch location.
General advantages of regional banks include personalized service, potentially lower fees and a better understanding of local markets. These institutions are known for their commitment to the communities they serve, often reflected in the specialized services they provide.
| Stock | Current Price | Average Dividend Yield (%) |
|---|---|---|
| Trailing 1Y | ||
| Ujjivan Small Financ.. | 41.2900 | 3.63 |
| Union Bank of India | 114.8000 | 3.14 |
| Bank of Baroda | 246.3200 | 3.09 |
What is the most undervalued bank stock?
| Name | Sector | Fair Value |
|---|---|---|
| Banco Santander SA ADR SAN | Financial Services | $6.30 |
| Bank of Montreal BMO | Financial Services | $97.00 |
| Charles Schwab Corp SCHW | Financial Services | $76.00 |
| Citigroup Inc C | Financial Services | $70.00 |
Goldman Sachs is generally regarded as the leading investment bank in most business areas, and is the toughest Bulge Bracket investment bank to break into. Goldman has a very strong reputation within the industry and among corporations. They advise on the majority of high profile M&A deals and other major transactions.
The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank. Earn roughly 10x the national average interest rate with a SoFi high-yield savings account.
The company's primary subsidiary is Wells Fargo Bank, N.A., a national bank that designates its Sioux Falls, South Dakota, site as its main office (and therefore is treated by most U.S. federal courts as a citizen of South Dakota).
12 Federal Reserve Banks around the nation.
