Loading
Just two of the Gulf Coast's 64 banks received five-star ratings from BauerFinancial, an independent banking research firm, in its most recently published report.
Thirteen others earned a four-star, or “excellent” rating, while another thirteen received zero-star ratings, indicative of “considerable challenges” for those institutions.
Published today, the ratings are based on data as of Sept. 30.
Banks receiving five-star ratings were:
• FineMark National Bank & Trust (based in Fort Myers)
• TCM Bank NA (Tampa)
Banks receiving four-star ratings included:
• Edison National Bank (Fort Myers)
• First America Bank (Bradenton)
• Florida Gulf Bank (Fort Myers)
• Florida Shores Bank - Southwest (Venice)
• Florida Traditions Bank (Dade City)
• Gateway Bank of Southwest Florida (Sarasota)
• Members Trust Company (Tampa)
• Northstar Bank (Tampa)
• Raymond James Bank FSB (St. Petersburg)
• Sunshine State Federal Savings and Loan Association (Plant City)
• USAmeriBank (Largo)
• Valrico State Bank (Valrico)
Gulf Coast banks receiving zero-star ratings included:
• Bank of Naples (Naples)
• Bank of Commerce (Sarasota)
• First Commercial Bank of Tampa Bay (Tampa)
• First Community Bank of America (Pinellas Park)
• First Community Bank of Southwest Florida (Fort Myers)
• Landmark Bank of Florida (Sarasota)
• Old Harbor Bank (Clearwater)
• Reliance Bank FSB (Fort Myers)
• Royal Palm Bank of Florida (Naples)
• Southern Commerce Bank N.A. (Tampa)
• Southshore Community Bank (Apollo Beach)
• Superior Bank (Tampa)
The Business Review's special banking issue will be available to readers on Dec. 17.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
