Bridgeview Bank Group has been ranked 9th in the nation for core revenue growth by Bank Director magazine in its 2nd quarter, 2014 issue.
“We are very pleased with this recognition” stated Peter J. Haleas, Chairman of Bridgeview Bank Group, “which reflects very strong growth in our core banking business as well as our mortgage and SBA loan subsidiaries. We are anticipating even stronger gains for the remainder of 2014 as our loan growth accelerates, and as our mortgage and SBA divisions continue to expand”.
The core revenue ranking, part of Bank Director magazine’s “Growth Lenders Ranking” sourced its information from Bank Intelligence Solutions and regulatory reports on both publicly and privately-owned depository institutions in the United States over $1 Billion in assets.
Core revenue was defined as net interest income plus noninterest income, excluding available-for-sale gains and losses and other-real-estate-owned gains and losses. The ranking was based on core revenue growth in the first three quarters of 2013 as compared to the same quarters in 2012.
Click for the complete Bank Director magazine article in a PDF format.