FCB FCB Financial Holdings Inc. Class A

Florida Community Bank Ranked #8 in Forbes 2018 “Best Banks in America”

FCB Financial Holdings, Inc. (NYSE:FCB), the second largest Florida-based independent bank, has been named the #8 best bank in America among the 100 largest banks by Forbes. This is the second consecutive year FCB ranked in the top 10 on the national list, and the ninth consecutive year Forbes has ranked the biggest banks.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180111005207/en/

“We are pleased to once again be recognized by Forbes in this prestigious ranking. This acknowledgment speaks to our commitment to providing the highest quality service to our loyal Florida customers,” said Kent Ellert President & CEO, Florida Community Bank. “We will continue to exceed our customers’ expectations and overall, thrive as the leading commercial bank in Florida.”

Forbes' ranking of the 100 largest banks was born from the financial crisis of the late 2000s when credit quality was cratering. Banks are healthier since the financial crisis for a decade now, but there is still a wide variance in the financial condition of the largest financial institutions. The “Best Banks in America” Forbes ranking is based on the following metrics: growth, profitability, capital adequacy and asset quality, include return on average tangible equity, return on average assets, net interest margin, efficiency ratio and net charge-offs as a percent of total loans.

To see Forbes ranking of the 100 largest banks, visit https://www.forbes.com/sites/kurtbadenhausen/2018/01/10/full-list-ranking-americas-100-largest-banks-2018/#616e926e3109

Assets from $2.6 trillion JPMorgan Chase to First Financial Bancorp with $8.8 billion are carefully examined for the ranking. The data comes courtesy of S&P Global Market Intelligence, but the rankings are done solely by Forbes.

Other factors include nonperforming assets as a percent of assets, risk-based capital ratio and reserves as a percent of nonperforming assets. Each of the metrics is weighted equally in the final rankings.

Florida Community Bank is Florida’s leading financial institution building banking centers in every corner of the state, offering customers a quality community banking services. For more information on FCB, visit: floridacommunitybank.com/

About Florida Community Bank

FCB Financial Holdings, Inc. (NYSE: FCB) is the largest community banking company and the second largest Florida-based independent bank, and among the most highly capitalized banks in the state. Awarded a five-star rating from Bauer Financial™, FCB assets are more than $10 billion, with capital ratios that exceed regulatory standards. Since its founding in 2010, FCB has been steadfast in its commitment to delivering personalized service, innovation, and products and services equal to those offered by the national banks. Similarly, FCB recognizes the importance of community, fostering a corporate culture that promotes employee volunteerism at all levels, while supporting community-based programs and partnerships that help promote greater financial independence and improved quality of life for families. FCB serves individuals, businesses and communities across the state with 46 full-service banking centers from east to west, and from Daytona Beach to Miami-Dade. For more information, visit FloridaCommunityBank.com., Equal Housing Lender, Member FDIC.

©2018, Forbes Media LLC. Used with permission.

EN
11/01/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FCB Financial Holdings Inc. Class A

Balamanja Made
  • Balamanja Made

First Capital Bank: FY 19: Non-funded income and revaluations sustain...

First Capital Bank (FCB) reported a 79.9% growth year on year in interest income to ZWL$74.64mn from ZWL$41.48mn, largely sustained by the growth in interest from loans and advances to customers, offsetting a decline in interest income from banks and investment securities. Non-funded income registered a 445.58% growth yoy as fees and commissions were up 266.68% to ZWL$100.72mn, in line with the completion of the system migration process and the upward review of service fees. Net trading and f...

 PRESS RELEASE

FCB Financial Holdings, Inc. Reports Record Third Quarter 2018 Financi...

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE:FCB) (the "Company") today reported third quarter 2018 net income of $43.5 million, or $0.89 per share on a fully diluted basis, and adjusted net income of $47.3 million, or $0.97 per share on a fully diluted basis. Net income rose 35% year-over-year and pre-tax income increased by 23% to $56.9 million. Adjusted net income rose 38% year-over-year and adjusted net income per diluted share rose 31%. This resulted in a ROA of 142 basis points and an adjusted ROA of 155 ba...

 PRESS RELEASE

FCB Financial Holdings, Inc. Post Hurricane Michael Update

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE: FCB) today reports it remained 100% operational throughout the storm and currently expects only nominal customer business interruption or credit impact as a result of the storm. “FCB, your Florida Based and Florida Focused institution, is committed to our local communities and is already working with customers to ensure they recover quickly. Our thoughts and energy are directed to our customers, employees and neighbors impacted by Hurricane Michael,” said Ken...

 PRESS RELEASE

FCB Financial Holdings, Inc. Reports Record Second Quarter 2018 Financ...

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE:FCB) (the "Company" or "FCB") today announced a merger with Synovus Financial Corp. (“Synovus”). The details of the merger are contained within a joint press release issued by the two companies today. The Company reported second quarter 2018 net income of $42.7 million, or $0.87 per share on a fully diluted basis, and adjusted net income of $46.0 million, or $0.94 per share on a fully diluted basis. Net income rose 22% year-over-year and pre-tax income increased by 30%...

 PRESS RELEASE

FCB Financial Holdings, Inc. Sets Earnings Release and Conference Call...

WESTON, Fla.--(BUSINESS WIRE)-- FCB Financial Holdings, Inc. (NYSE:FCB) today announced that it will release its Second Quarter 2018 financial results on Tuesday, July 24, 2018 after close of market, and management will host a conference call at 5:00 p.m. Eastern Time that same day. Presentation materials related to the conference call will be available on the Company's web site, www.floridacommunitybank.com, by navigating to Investor Relations approximately one hour prior to the conference call. The number to call for this i...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch