Sovereign Bank: how it compares with its peers
Against 25 OK banks with half to twice its assets, Sovereign Bank's strongest measure in Q2 2026 is net interest margin (4.22% vs. a 4.17% peer median). Its weakest relative measure is efficiency ratio (75.36% vs. 59.07%).
| Measure | Sovereign Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.63% | 1.37% | Bottom third Ahead of 8% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.22% | 4.17% | Middle third Ahead of 60% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 75.36% | 59.07% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $8.2M | Middle third Ahead of 48% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.69% | 91.78% | Context |
What it means for lending operations
Its efficiency ratio of 75.36% is above the 59.07% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- American Heritage Bank Sapulpa, OK · $1.48B
- Blue Sky Bank Pawhuska, OK · $1.35B
- First Oklahoma Bank Jenks, OK · $1.34B
- Liberty National Bank Lawton, OK · $1.32B
- International Bank of Commerce Oklahoma City, OK · $1.63B
- Firstar Bank Sallisaw, OK · $1.24B
Questions about Sovereign Bank
How big is Sovereign Bank?
Sovereign Bank, established in 1984, is headquartered in Shawnee, OK. It reported $1.47B in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Sovereign Bank's return on assets?
0.63% annualized in Q2 2026, against a 1.37% median for 25 OK banks with half to twice its assets, ahead of 8% of them.
What is Sovereign Bank's efficiency ratio?
75.36% in Q2 2026: it spent about 75 cents in noninterest expense for each dollar of revenue. The peer median is 59.07%, and lower is better.
Is Sovereign Bank growing its loans?
Net loans grew 20.4% over the year to Q2 2026, while deposits grew 12.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are OK banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Oklahoma bank ranked.