Ledyard Named One of the Top 200 Community Banks
Jul 19, 2021 -
Ledyard Financial Group, Inc. (ticker symbol LFGP), 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 seventh consecutive year. The rankings are based on three-year return on average equity (ROAE) for 2018 to 2020. Ledyard Financial Group finished in the 126th position for 2021, up 9 spots from the previous period, with a three-year average ROAE of 11.02%.
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. This year, we are incredibly proud of the ways in which our bankers have responded to the significant challenges due to the pandemic with conviction and resilience, supported essential services and played crucial roles in the ongoing recovery. Relying on strong teamwork and collaboration across all our divisions, and supported by enhanced technological capabilities and communication channels, we adapted quickly to the complex and ever-changing environment. To be recognized as the only New Hampshire community bank on this list is a true testament to our knowledge, skillsets and abilities to provide guidance when it mattered most.”
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