Choice Financial Group: how it compares with its peers
Against 270 U.S. banks with half to twice its assets, Choice Financial Group's strongest measure in Q2 2026 is assets per employee ($14.2M vs. a $9.7M peer median). Its weakest relative measure is net interest margin (3.28% vs. 3.69%).
| Measure | Choice Financial Group | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.30% | 1.34% | Middle third Ahead of 46% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.28% | 3.69% | Bottom third Ahead of 27% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 54.93% | 55.33% | Middle third Ahead of 51% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $14.2M | $9.7M | Top third Ahead of 77% of peers |
| Loans to deposits Net loans and leases over total deposits. | 61.98% | 88.67% | Context |
What it means for lending operations
Its efficiency ratio of 54.93% is better than the 55.33% 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
- Northbrook Bank and Trust Company, National Association Northbrook, IL · $6.37B
- Five Star Bank Rochester, NY · $6.29B
- United Fidelity Bank, fsb Evansville, IN · $6.49B
- TrustCo Bank Glenville, NY · $6.52B
- Mercantile Bank Grand Rapids, MI · $6.24B
- Horizon Bank Michigan City, IN · $6.55B
Questions about Choice Financial Group
How big is Choice Financial Group?
Choice Financial Group, established in 1906, is headquartered in Fargo, ND. It reported $6.38B in total assets in its Q2 2026 FDIC call report and operates 18 offices.
What is Choice Financial Group's return on assets?
1.30% annualized in Q2 2026, against a 1.34% median for 270 U.S. banks with half to twice its assets, ahead of 46% of them.
What is Choice Financial Group's efficiency ratio?
54.93% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 55.33%, and lower is better.
Is Choice Financial Group growing its loans?
Net loans grew 0.5% over the year to Q2 2026, while deposits grew 4.5%.
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 U.S. 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 North Dakota bank ranked.