Cogent Bank: how it compares with its peers
Against 16 FL banks with half to twice its assets, Cogent Bank's strongest measure in Q2 2026 is net interest margin (4.77% vs. a 3.60% peer median). Its weakest relative measure is assets per employee ($9.3M vs. $11.7M).
| Measure | Cogent Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.22% | 1.29% | Top third Ahead of 94% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.77% | 3.60% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 45.44% | 55.84% | Top third Ahead of 94% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.3M | $11.7M | Bottom third Ahead of 31% of peers |
| Loans to deposits Net loans and leases over total deposits. | 82.52% | 73.14% | Context |
What it means for lending operations
Its efficiency ratio of 45.44% is better than the 55.84% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Newtek Bank, National Association Miami, FL · $2.47B
- Pibank, National Association Miami, FL · $2.37B
- Crews Bank & Trust Wauchula, FL · $2.33B
- Climate First Bank Saint Petersburg, FL · $1.94B
- U. S. Century Bank Doral, FL · $3.02B
Questions about Cogent Bank
How big is Cogent Bank?
Cogent Bank, established in 1999, is headquartered in Orlando, FL. It reported $2.45B in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is Cogent Bank's return on assets?
2.22% annualized in Q2 2026, against a 1.29% median for 16 FL banks with half to twice its assets, ahead of 94% of them.
What is Cogent Bank's efficiency ratio?
45.44% in Q2 2026: it spent about 45 cents in noninterest expense for each dollar of revenue. The peer median is 55.84%, and lower is better.
Is Cogent Bank growing its loans?
Net loans grew 4.3% over the year to Q2 2026, while deposits grew 6.9%.
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 FL 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 Florida bank ranked.