RANKING ·
Highest return on assets in Utah
43 of 45 banks in Utah that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Annualized return on assets for the quarter | Total assets |
|---|---|---|---|---|
| 1 | Square Financial Services Inc. | Salt Lake City, UT | 37.59% | $2.1 billion |
| 2 | First Electronic Bank | Salt Lake City, UT | 9.56% | $503 million |
| 3 | Column N.A. | Salt Lake City, UT | 7.92% | $1.8 billion |
| 4 | Capital Community Bank | Provo, UT | 5.46% | $1.6 billion |
| 5 | The Pitney Bowes Bank Inc. | Salt Lake City, UT | 5.17% | $796 million |
| 6 | Webbank | Salt Lake City, UT | 5.02% | $2.9 billion |
| 7 | Wex Bank | Sandy, UT | 4.66% | $10.7 billion |
| 8 | American Express National Bank | Sandy, UT | 3.64% | $214 billion |
| 9 | Celtic Bank Corporation | Salt Lake City, UT | 3.56% | $5.3 billion |
| 10 | Utah Independent Bank | Salina, UT | 3.48% | $171 million |
| 11 | Continental Bank | Salt Lake City, UT | 3.45% | $182 million |
| 12 | Prime Alliance Bank | Woods Cross, UT | 3.25% | $1.1 billion |
| 13 | Synchrony Bank | Draper, UT | 3.06% | $115 billion |
| 14 | Medallion Bank | Salt Lake City, UT | 2.34% | $2.8 billion |
| 15 | Bmw Bank of North America | Salt Lake City, UT | 2.33% | $13.8 billion |
| 16 | Optum Bank Inc. | Draper, UT | 2.19% | $21.4 billion |
| 17 | Central Bank | Provo, UT | 2.16% | $2.2 billion |
| 18 | Wells Fargo Trust Company N.A. | Ogden, UT | 2.15% | $1.3 billion |
| 19 | Brighton Bank | Salt Lake City, UT | 2.08% | $322 million |
| 20 | Cache Valley Bank | Logan, UT | 2.08% | $3.5 billion |
| 21 | Zions Bancorporation N.A. | Salt Lake City, UT | 2.05% | $89.0 billion |
| 22 | Sofi Bank N.A. | Cottonwood Heigh, UT | 1.95% | $56.8 billion |
| 23 | Lendingclub Bank N.A. | Lehi, UT | 1.91% | $12.5 billion |
| 24 | Merrick Bank | South Jordan, UT | 1.82% | $9.1 billion |
| 25 | State Bank of Southern Utah | Cedar City, UT | 1.72% | $2.7 billion |
| 26 | Sunwest Bank | Sandy, UT | 1.56% | $4.4 billion |
| 27 | Comenity Capital Bank | Draper, UT | 1.55% | $13.9 billion |
| 28 | Transportation Alliance Bank, Inc. Dba Tab Bank | Ogden, UT | 1.50% | $1.6 billion |
| 29 | Morgan Stanley Bank N.A. | Salt Lake City, UT | 1.42% | $419 billion |
| 30 | Green Dot Bank | Provo, UT | 1.36% | $5.4 billion |
| 31 | Nelnet Bank | Draper, UT | 1.34% | $3.0 billion |
| 32 | Finwise Bank | Murray, UT | 1.32% | $915 million |
| 33 | Ally Bank | Sandy, UT | 1.30% | $188 billion |
| 34 | Bank of Utah | Ogden, UT | 1.28% | $3.8 billion |
| 35 | Grand Valley Bank | Heber City, UT | 1.23% | $599 million |
| 36 | Sallie Mae Bank | Salt Lake City, UT | 1.18% | $28.5 billion |
| 37 | UBS Bank USA | Salt Lake City, UT | 1.14% | $124 billion |
| 38 | Milestone Bank | Salt Lake City, UT | 0.91% | $342 million |
| 39 | Home Savings Bank | Salt Lake City, UT | 0.82% | $109 million |
| 40 | First Utah Bank | Salt Lake City, UT | 0.71% | $840 million |
| 41 | B2 Bank N.A. | Holladay, UT | -1.49% | $115 million |
| 42 | Thrivent Bank | Salt Lake City, UT | -2.74% | $906 million |
| 43 | Varo Bank N.A. | Draper, UT | -26.39% | $338 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings