Chesapeake Bank Blog

Chesapeake Bank Ranks among Most Profitable Community Banks

Written by Ches Bank | Aug 18, 2015 2:57:00 PM

Chesapeake Bank takes pride in standing out in the communities that we serve. Recently, we were humbled to be recognized on a national level.

For the eighth straight year, American Banker magazine (formerly US Banker magazine) has listed Chesapeake Bank among the “Top 200 Community Banks” in the United States. Our ranking of 34 — out of about 6,000 community banks in the study — is based on our three-year average of return on average equity (ROAE) of 12.64 percent.

“This is a byproduct of what we do every day,” said Jeff Szyperski, president and CEO of Chesapeake Bank. “While we are proud of this excellent ranking, we continue to keep our focus on what we do best: serving our customers and our communities.”

To see the complete rankings, visit American Banker.