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Showing posts from August, 2018

First Bank & Trust Company Ranked Top in Virginia and the Nation

ABINGDON, Va. , Aug. 7, 2018 /PRNewswire/ -- First Bancorp, Inc., parent holding company of First Bank & Trust Company, has again been ranked among top performing banks. Sandler O'Neill + Partners, a New York based firm, provided the scorecard using data from S&P Global Market Intelligence.  As in previous studies, the scorecard divided banks into three asset categories: $50 billion and above, $5 billion to $50 billion and $1 billion to $5 billion .  This year, 300 of the largest publicly traded banks in the nation were ranked against each other as a single group.  Scorecard results confirm that there is no absolute correlation between asset size and bank performance.  First Bancorp, Inc. ranked among the top banks in Virginia and 14 th highest performing bank in the United States.  First Bancorp, Inc. was also ranked eighth among all banks in the nation with assets between $1 billion and $5 billion . The scorecard uses five metrics that measure pe