Stock Yards make national list of best-performing banks - Business First of Louisville:

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was the highest-ranked at No. 19. The list, features in the June edition ofthe magazine, ranka banks on a three-yeaf average return on equity. HBancorporatio Inc., based in Lawrenceville, Ill., was the No. 1-ratexd bank on the list, postinhg a 26.10 percent average return on equitt duringthree years, and 33.10 percent for 2007. Stock Yards’s returm was a three-year average return of 16.85 and 15.93 percent for 2007, accordinbg to U.S. Banker data. is ranked at No. 73, with a 13.41 averagw return over three and 10.64 percent for 2007. , baseed in Elizabethtown, Ky., was listed at No. 156, postingb a 11.43 percent return on equity over three and 6.37 percent for 2007. U.S.
Banker magazine, based in New York, is bank industry Research for the list was providedby , a Va.-based business-intelligence company. SNL Research found that banks informerluy fast-growth states such as Florida, Arizona and Nevadaz had become underperformers due to the real estatee collapse, and that banks in slow-growth states such as Pennsylvanis and New York accounted for the majority of banksx on the list, according to a news release. The data also showex that “even the healthiest communityy banksare weakening,” with only threee banks out of 200 reportin g their return on equit had increased between Dec. 31, 2007 and Dec. 31, 2008.
And if there’s one thinv banks have learned from thefinancial crisis, it’ that their fortunes can turn in a hurry,” the articl states. Five banks in the top 65 one year ago, includin g No. 2 Silver State have failed.