Stockman Bank was recently named to the Forbes list of the world’s best banks for 2026, marking the fifth consecutive year the 73-year-old Montana institution has appeared in the rankings.
Among U.S. institutions, just 72 banks were included in the rankings this year. Stockman Bank is the only bank headquartered in Montana to make the list.
CEO Bill Coffee says the recognition ultimately comes down to relationships between local banks and the customers they serve.
“Being acknowledged for five consecutive years and being the sole bank from Montana featured on this list is a remarkable honor,” Coffee said. “It showcases the trust our customers place in our ability to serve them and take care of their financial needs.”
The annual list is compiled with global research firm Statista, which surveys banking customers around the world asking them to rate banks on trust, customer service, financial advice, digital services, and other criteria.
Community Banking That Competes
Coffee says the recognition also illustrates how community banking models can still compete alongside much larger financial institutions.
Founded in 1953, Stockman Bank has grown into Montana’s largest family-owned community bank with more than 40 branches across the state. Coffee credits the bank’s structure for helping it stay connected to the community.
“We’re very decentralized,” Coffee said. “Local people make local decisions, and that allows us to meet customers where they are.”
That structure, he says, allows bankers to better understand the needs of local economies—from ranchers and farmers in rural counties to small businesses and growing communities across the state.
Economic Pressures and Agriculture
Those local connections also mean Stockman employees see the impact of economic pressures firsthand.
“Inflation over the last several years has really hurt a lot of families, farms, and ranches,” Coffee said.
Agriculture remains a cornerstone of the state’s economy, though Coffee notes that cattle markets are strong, while grain producers have faced difficult pricing conditions.
Even so, he believes American agriculture maintains important advantages on the global stage.
“When you look at how beef is raised in America compared to many other places in the world, there’s really no comparison,” Coffee said.
Optimism for Montana’s Future
Despite economic challenges, Coffee says he remains optimistic about Montana’s long-term outlook.
“Montana has a lot going for it,” Coffee said. “People love our lifestyle here, and our regulatory and tax environment is strong compared to many other states.”
Those factors, he says, leave him confident about the years ahead.
“I’m an optimist,” Coffee said. “I think the future for Montana is bright. I think the future for our country is bright.”
