The conversion from a mutual to a publicly traded holding company helped Eastern Bank boost its financial strength during an uncertain environment for the banking industry.
Top 1000 World Banks - Results and Summary

While the world has grappled with a once-in-a-lifetime health crisis, the global banking sector has remained resilient, if not undamaged, in the face of unprecedented challenges.
Marie Kemplay crunches the numbers.
The past 18 months have been like none other within living memory. With large parts of the global economy shut down for months at a time, and the fortunes of many individuals and businesses taking a massive hit, the Covid-19 pandemic could have taken a very heavy toll on the global banking sector.
TOP 1000 WORLD BANKS - RANKINGS BY BANK | TOP 1000 WORLD BANKS - RANKINGS BY COUNTRY | |
Regions and Best-performing Banks by Country
Highest movers - Welcome back and new arrivals - Return on Assets
New arrivals at lowest level for more than 10 years
September 1, 2021China fields the largest number of new entrants in 2021, led by Mengshang Bank, but low M&A activity means far fewer banks have joined the ranking overall.
United National regains its ROA crown
June 17, 2021US community bank United National has improved its return on assets ratio to top the league table for this profitability metric.
Top 1000 World Banks 2021 - Latest Articles
Top 1000 World Banks - South African banks keep edge amid tough conditions
January 11, 2022South African banks kept the top three regional places, with Nigerian and Egyptian banks making an impression.
Top 1000 World Banks - Australian banks stay top in Asia-Pacific
January 11, 2022Australia’s banks continue to dominate the regional table, excluding China and Japan, while South Korea and Vietnam also make an impressive showing.
Top 1000 World Banks - Will Latin American banks’ resilience continue?
January 11, 2022Latin American banks have had mixed fortunes in 2020, largely dependent on their pre-pandemic situation. While some have seen growth, persistent lockdown measures could threaten this in 2021.
Top 1000 World Banks - European bank results reveal their mettle
January 11, 2022Europe’s banks survived the pandemic, even extending support for their respective economies. But there is still scope for improved profitability and consolidation in future.
Saudi Arabia's SAIB punches above its weight for performance
September 1, 2021Saudi Investment Bank showed the country’s larger lenders the way on asset quality and return on risk, to take the laurels for best performance.
Investec outruns its rivals in South Africa
September 1, 2021Investec topped the South Africa performance rankings and climbed up 63 places in the overall Top 1000 ranking. Its ‘Big Four’ peers fared less well.
South Korea’s banks show solid capital growth
September 1, 2021South Korea’s banks have had a good year for Tier 1 capital growth, which has helped several move up the Top 1000 ranking.
China steady through the Covid storm
September 1, 2021China’s biggest banks dominate the global rankings once more, with strong increases in their Tier 1 capital.
BTG Pactual outperforms Brazilian peers
September 1, 2021BTG Pactual showed good profitability, as Brazil dealt with its worst year in decades
French banks’ pre-Covid soundness pays off
September 1, 2021French banks went into the crisis well prepared, as their performance shows.
Solid fundamentals stand German banks in good stead
September 1, 2021Hamburg Commercial Bank is Germany’s best-performer, leading a field that did well under tough conditions.
Banco de Bogotá takes Colombian performance prize
September 1, 2021Banco de Bogotá outperformed its peers and has grown at a faster rate than the leader, Bancolombia.
Morgan Stanley leads as US banks feel profit squeeze
September 1, 2021Morgan Stanley takes the lead, but on its heels are two more traditional lenders.
Toronto Dominion Bank heads Canada’s big six
September 1, 2021Toronto Dominion Bank claims the top slot for best overall performance among Canada’s banks, while dominant lender RBC is the most profitable.
Russian banks’ performance reflects national resilience
September 1, 2021Pre-Covid cost-cutting and digitisation programmes helped Russian banks put in an impressive performance in this year’s rankings.
Kutxabank leads Spain’s banks towards recovery
September 1, 2021Banks reacted smartly to Spain’s sharp contraction in growth last year — with the resulting numbers showing that they are nicely positioned for the future.

The Top 1000 World Banks 2021
September 1, 2021While the world has grappled with a once-in-a-lifetime health crisis, the global banking sector has remained resilient, if not undamaged, in the face of unprecedented challenges.
Inbursa outperforms Mexican rivals
September 1, 2021Better profitability, efficiency and return on risk put Banco Inbursa ahead of its peers in 2020.
A difficult year for Indonesia’s banks
September 1, 2021Indonesia’s biggest banks have slipped down the Top 1000 ranking, though some have grown their Tier 1 capital.
Japan’s banks hit growth plateau
September 1, 2021Japan’s banks held on in a volatile environment but saw little capital growth.
Pre-pandemic measures see Turkish banks through crisis
September 1, 2021Turkiye Vakiflar Bankasi leads the Turkish banks, whose adaptability has seen them through a tough year in face of currency depreciation and rising inflation.
Investec UK crowned best-performer among largest UK banks
September 1, 2021Well-capitalised UK banks not only weathered the Covid-19 pandemic, but also helped the government support other businesses during it. However, other challenges, such as Brexit, remain.