I excluded the 4 Huge US Banks that dominate the US Bank Landscape.....JPMorgan Chase, Wells Fargo, Bank of America and Citigroup.....since they were all included in an earlier post. These 4 Banking Giants had their average stock prices increase by an off-the-charts 384% from March 6, 2009 to January 13, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 58 US National/Regional Banks had their average stock prices increase by an exceptional 251% from March 6, 2009 to January 13, 2014.
Clearly, the stockholders and executives of these US National/Regional Banks must be extremely pleased with the financial impact of actions taken by both the Obama Administration and the US Fed to rescue the banking industry, which was in serious trouble after the financial meltdown hit late in President Bush's second term in 2008.
Leading the pack here was Fifth Third Bancorp, whose stock price advanced an amazing 15.5 times during this time span of less than 5 years. But from my perspective, Fifth Third also must be the most unethical of the lot. I opened an account there about a decade ago, and subsequently without notifying me, Fifth Third changed its policy and started charging huge monthly fees on this account. I only found out much later at year end when they mailed out my annual account statement. Fifth Third stated that it saw nothing wrong with this practice. I think I ended up losing in less than a year about 20% of the amount I deposited just from these monthly fees. And the banking industry doesn't understand why it is hated so much by so many US citizens for its greed?
Below here are the common stock market closing prices of each of these 58 US National/Regional Banks at both yesterday's close January 13, 2014 and also on March 6, 2009, as well as the percentage stock market price changes for this period of time.
Market | Market | Percentage | ||
State | Price | Price | Increase | |
HQs | 1-13-14 | 3-6-09 | (Decrease) | |
US National/Regional Banks | ||||
Fifth Third Bancorp | OH | 21.25 | 1.29 | 1547% |
Webster Financial | CT | 30.43 | 2.97 | 925% |
Huntington Bancshares | OH | 9.67 | 1.02 | 848% |
Capital One Financial | VA | 76.37 | 8.31 | 819% |
East West Bancorp | CA | 33.82 | 3.69 | 817% |
Texas Capital Bancshares | TX | 62.25 | 6.94 | 797% |
SVB Financial | CA | 102.13 | 12.06 | 747% |
Signature Bank | NY | 108.64 | 20.57 | 428% |
US Bancorp | MN | 40.78 | 8.82 | 362% |
Zions Bancorp | UT | 29.65 | 6.48 | 358% |
PacWest Bancorp | CA | 43.29 | 9.78 | 343% |
PNC Financial | PA | 77.37 | 18.51 | 318% |
SunTrust Banks | GA | 38.15 | 9.36 | 308% |
State Street Corp | MA | 72.93 | 17.98 | 306% |
Comerica | TX | 47.22 | 12.84 | 268% |
Investors Bancorp | NJ | 25.39 | 7.07 | 259% |
M&T Bank | NY | 114.35 | 31.85 | 259% |
Regions Financial | AL | 10.31 | 2.94 | 251% |
E*Trade Financial | NY | 20.55 | 6.10 | 237% |
City National | CA | 77.90 | 23.68 | 229% |
International Bancshares | TX | 25.03 | 7.63 | 228% |
Hanmi Financial | CA | 21.56 | 6.64 | 225% |
Cathay General Bancorp | CA | 25.92 | 8.08 | 221% |
MB Financial | IL | 31.10 | 10.17 | 206% |
First Financial Bancorp | OH | 17.30 | 5.66 | 206% |
Prosperity Bancshares | TX | 62.25 | 21.16 | 194% |
First Citizens Bancshares | NC | 220.80 | 76.95 | 187% |
CVB Financial Corp | CA | 16.52 | 5.77 | 186% |
BB&T | NC | 38.54 | 13.73 | 181% |
BOK Financial | OK | 64.08 | 23.31 | 175% |
Umpqua Holdings | OR | 18.47 | 6.91 | 167% |
Key Corp | OH | 13.47 | 5.36 | 151% |
Washington Federal | WA | 24.13 | 10.04 | 140% |
Fulton Financial | PA | 12.85 | 5.51 | 133% |
Bank of Hawaii | HI | 58.39 | 26.27 | 122% |
United Bankshares | WV | 29.77 | 13.79 | 116% |
New York Community Bancorp | NY | 16.94 | 7.99 | 112% |
FNB | PA | 12.79 | 6.21 | 106% |
Cullen/Frost Bankers | TX | 74.80 | 36.61 | 104% |
Commerce Bancshares | MO | 45.06 | 22.54 | 100% |
Park National | OH | 81.15 | 42.15 | 93% |
TCF Financial | MN | 16.83 | 9.00 | 87% |
UMB Financial | MO | 63.87 | 34.54 | 85% |
Bank NY Mellon | NY | 33.50 | 18.25 | 84% |
Trustmark | MS | 26.44 | 14.73 | 79% |
National Penn Bancshares | PA | 10.88 | 6.24 | 74% |
First Horizon National | TN | 12.08 | 6.93 | 74% |
First Merit | OH | 22.27 | 12.82 | 74% |
Westamerica Bancorp | CA | 54.65 | 34.36 | 59% |
Old National Bancorp | IN | 14.45 | 9.30 | 55% |
Associated Banc-Corp | WI | 17.01 | 11.00 | 55% |
Valley National Bank | NJ | 10.02 | 7.40 | 35% |
Synovus Fincancial | GA | 3.51 | 2.65 | 32% |
Northern Trust | IL | 60.43 | 47.38 | 28% |
Hudson City Bancorp | NJ | 9.25 | 8.80 | 5% |
First Niagara Financial | NY | 10.33 | 9.87 | 5% |
People's United Financial | CT | 15.41 | 16.87 | -9% |
Capitol Federal Financial | KS | 11.95 | 14.98 | -20% |
Average % Increase all 58 | 251% |