Canada dominates bank ranking

Canadian banks dominated the recent bank ranking released by Bloomberg.

National Bank of Canada led the Canadian pack at #3, followed by Canadian Imperial Bank of Commerce (#4), Toronto-Dominion Bank (#12), Royal Bank of Canada (#17) and Bank of Montreal (#19).

The Bloomberg ranking includes banks with at least $100 billion in assets, taking into account factors such as Tier 1 capital, non-performing assets compared with total assets, efficiency and a comparison of costs against revenues.

Only three U.S. banks — Fifth Third Bancorp (#7), JPMorgan Chase & Co. (#14) and Citigroup (#16) — made the top 20.

Read the full results at Bloomberg.