Author Topic: Well Run Banks  (Read 4014 times)

Og

  • Sr. Member
  • ****
  • Posts: 265
Well Run Banks
« on: January 08, 2018, 10:14:20 AM »
This year I've decided to start learning more about the different banks out there. It's always been something I've mostly avoided. Does anyone have a good list of well run banks. Would love to start learning and also reading shareholder letters. Market cap size doesn't matter to me.


NeverLoseMoney

  • Full Member
  • ***
  • Posts: 121
Re: Well Run Banks
« Reply #1 on: January 08, 2018, 10:30:56 AM »
Trinity Bank (OTCMKTS:TYBT) seems like a well run, micro-cap bank. The CEO writes very informative letters as well.

cubsfan

  • Hero Member
  • *****
  • Posts: 602
Re: Well Run Banks
« Reply #2 on: January 08, 2018, 10:45:02 AM »
Frost Bank in Texas (CFR) - quite disciplined. Avoided dumb lending during housing boom and same during energy boom and declines.

Republic First Bank (FRBK) - fascinating bank running the growth model of Commerce Bank. Fantastic service
and low cost deposit model. Vernon Hill is COB.

Metro Bank (MTRO:LN) - same as FRBK, except UK based.
« Last Edit: January 08, 2018, 10:58:46 AM by cubsfan »

Viking

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1270
Re: Well Run Banks
« Reply #3 on: January 08, 2018, 10:54:55 AM »
Of the big US banks I think JPM is recognized as the best run. CEO Jamie Dimon’s shareholders letters are recommended reading by Warren Buffett.

merkhet

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 2957
Re: Well Run Banks
« Reply #4 on: January 08, 2018, 10:58:37 AM »
M&T Bank under Bob Wilmers is a fantastic source of shareholder letters

LC

  • Hero Member
  • *****
  • Posts: 2436
Re: Well Run Banks
« Reply #5 on: January 08, 2018, 11:14:55 AM »
US bancorp
"Lethargy bordering on sloth remains the cornerstone of our investment style."
----------------------------------------------------------------------------------------
brk.b | cash

rb

  • Hero Member
  • *****
  • Posts: 2454
Re: Well Run Banks
« Reply #6 on: January 08, 2018, 11:23:01 AM »
TD in Canada, Wells and US Bank in the US, Lloyds in the UK, Santander in Europe/Lat Am. One of the Nordic banks is also really good but I can't remember which one at the moment.

LowIQinvestor

  • Hero Member
  • *****
  • Posts: 534
Re: Well Run Banks
« Reply #7 on: January 08, 2018, 12:58:28 PM »
OFG Bancorp - OFG
trading at 50% of TBV
leading NIM
conservative mgmt & balance sheet

John Hjorth

  • Hero Member
  • *****
  • Posts: 1771
Re: Well Run Banks
« Reply #8 on: January 08, 2018, 01:17:31 PM »
TD in Canada, Wells and US Bank in the US, Lloyds in the UK, Santander in Europe/Lat Am. One of the Nordic banks is also really good but I can't remember which one at the moment.

I suppose that you are referring to Svenska Handelsbanken AB here, rb. [SHB A.STO & SHB B.STO]

There is written a book about it by Niels Kroner. CoBF topic here.
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

beerbaron

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1392
Re: Well Run Banks
« Reply #9 on: January 08, 2018, 05:12:16 PM »
Southside Bankshares (SBSI) in the US is well run.

BeerBaron