First Metro Bank Rated Best Performing Community Bank in North Alabama By Staff Reports
S&P Global Market Intelligence, a world-renowned financial information and analytics company, recently released a report of the 50 Best Performing Banks of 2022 in the Southeast under ten billion dollars in assets. First Metro Bank, the community bank based in Muscle Shoals, was ranked #15.
“An accolade of this caliber that analyzes our performance and state rankings is one of the greatest honors First Metro Bank has received, solidifying our distinction as one of the strongest banks in the Southeast,” says Rodney Howard, president and CEO.
“This would not have been possible without the soundness and wisdom of our Board of Directors. the hard work and dedication of our employees and the patronage and loyalty of our customers.”
S&P Global Market Intelligence launched the first rankings report in 2011 to assess the performance of community banks and credit unions. The division ranks institutions based on returns, growth and efficiency, but places a premium on balance sheet strength and risk profile.