Skip to main content

Capital · Utah

US Banks with Highest Tier 1 Leverage Ratio in Utah

Ranked among banks headquartered in Utah. Re-ranked 1-41 within the state from the same national ranking population.

#1 Tier 1 Leverage Ratio: WELLS FARGO TRUST COMPANY, NATIONAL ASSOCIATION — 95.90% . The Tier 1 Leverage Ratio measures Tier 1 capital against unweighted average assets — a simpler backstop that prevents banks from gaming the risk-based capital rules.

Ranked: 41 banks with reported data Showing: Top 41 Source: FFIEC call reports (Q1 2026) What is this metric? See the US Banks with … glossary entry
# Bank HQ US Banks with … Total Assets
1 Wells Fargo Trust Company, N.A. Ogden , UT 95.90% $1.32B
2 Square Financial Services, INC. Salt Lake City , UT 61.54% $1.80B
3 First Electronic Bank Salt Lake City , UT 42.50% $429.3M
4 Thrivent Bank Salt Lake City , UT 29.28% $967.1M
5 Varo Bank, N.A. Draper , UT 23.62% $374.3M
6 Celtic Bank Corporation Salt Lake City , UT 18.27% $4.97B
7 Medallion Bank Salt Lake City , UT 17.38% $2.65B
8 Merrick Bank South Jordan , UT 17.11% $8.93B
9 Webbank Salt Lake City , UT 16.95% $2.59B
10 Finwise Bank Murray , UT 16.81% $889.8M
Full financials, 24-year trends & peer benchmarks on every institution — free. Start free →
11 Utah Independent Bank Salina , UT 15.89% $163.0M
12 Continental Bank Salt Lake City , UT 15.56% $180.7M
13 Central Bank Provo , UT 15.18% $2.15B
14 Nelnet Bank Draper , UT 15.02% $2.52B
15 Home Savings Bank Salt Lake City , UT 14.34% $111.4M
16 Milestone Bank Salt Lake City , UT 13.97% $360.5M
17 Quill Bank Provo , UT 13.92% $1.50B
18 Bmw Bank of North America Salt Lake City , UT 13.91% $13.01B
19 Bank of Utah Ogden , UT 12.85% $3.73B
20 Optum Bank, INC. Draper , UT 12.79% $21.00B
21 Sofi Bank, N.A. Cottonwood Heights , UT 12.77% $49.67B
22 Comenity Capital Bank Draper , UT 12.45% $13.31B
23 Synchrony Bank Draper , UT 12.33% $114.86B
24 State Bank of Southern Utah Cedar City , UT 12.03% $2.67B
25 Pitney Bowes Bank INC., the Salt Lake City , UT 11.98% $832.7M
26 Brighton Bank Salt Lake City , UT 11.85% $317.1M
27 Grand Valley Bank Heber City , UT 11.43% $597.4M
28 Transportation Alliance Bank, INC. Dba Tab Bank Ogden , UT 11.27% $1.59B
29 Prime Alliance Bank Woods Cross , UT 11.10% $1.06B
30 Morgan Stanley Bank, N.A. Salt Lake City , UT 11.04% $391.31B
31 Happen Bank, N.A. Lehi , UT 10.89% $11.85B
32 Sallie Mae Bank Salt Lake City , UT 10.33% $29.46B
33 Cache Valley Bank Logan , UT 10.16% $3.50B
34 First Utah Bank Salt Lake City , UT 9.99% $846.5M
35 Sunwest Bank Sandy , UT 9.77% $4.27B
36 Ally Bank Sandy , UT 9.72% $185.66B
37 Wex Bank Sandy , UT 9.13% $9.53B
38 Zions Bancorporation, N.A. Salt Lake City , UT 9.12% $87.96B
39 American Express National Bank Sandy , UT 8.71% $217.57B
40 Green Dot Bank Provo , UT 8.51% $5.87B
41 UBS Bank USA, N.A. Salt Lake City , UT 8.06% $122.26B

More Capital rankings

Go past the leaderboard — open any bank for its full financials, 24-year trends, and peer percentiles. Free, no card required.

Start free — no card required

All data sourced from the most recent FFIEC call report filings, refreshed each quarter as new filings are processed. This leaderboard excludes banks with total assets under $100,000K to filter out anomalous micro-bank ratios. See /data-updates/ for the current data freshness window.

Explore more: all rankings · glossary · browse all banks