Ledyard Named One of Top 200 Community Banks
Jun 5, 2019 -
Hanover, NH: Ledyard Financial Group, Inc., (ticker symbol LFPG) the holding company for Ledyard National Bank, was ranked among the Top 200 publicly traded banks and thrifts under $2 billion in assets in the United States by American Banker Magazine for the fifth consecutive year. The rankings are based on three-year return on average equity (ROAE) for 2016 to 2018. Ledyard Financial Group finished in the 161st position for 2019 with a three-year average ROAE of 9.59%.
Kathy Underwood, President and CEO of Ledyard Financial Group, Inc. stated, "Ledyard is honored to once again be recognized on this exceptional list of community banks by American Banker Magazine. We have embraced new technologies to better serve our clients and increase shareholder value. In addition to upgrading our core operating system for increased efficiency and productivity, our focus on growing the mortgage and private banking divisions has contributed substantially to the bottom line. To be recognized as the only New Hampshire community bank on this list is a true testament to our exceptional team members who are dedicated to our core values."
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