China and the US continue to produce the fastest growing banks, as measured by Tier 1 capital growth, accounting for nine and six of this year’s highest movers, respectively. LegacyTexas Group sits on top of the table, having recorded a 284.93% Tier 1 capital increase, which has propelled it into the Top 1000 for the first time. The US lender’s rise comes after it merged with Viewpoint Financial Group at the beginning of 2015. It brings Cyprus’s reign over this ranking to an end; Cooperative Central Bank topped the table in 2015 after growing 312.63%, while in 2014 the Bank of Cyprus led the way with a whopping 1888.23% growth rate.
Simmons First National Corp, the US's next best performer, comes in fourth after more than doubling its Tier 1 capital recorded in the 2015 Top 1000 list. US banks also placed seventh, eighth and ninth after registering growth of between 66% and 74%.
