Bank of Hawaii was ranked seventh to finish among the top-performing banks in the country by Forbes magazine for the eighth year in a row.

First Hawaiian Bank, which previously was ineligible for the list because it was fully owned by Paris-based BNP Paribas, made its debut in the No. 12 spot.

Among the categories, Bank of Hawaii ($16 billion in assets) had a 58 percent efficiency ratio, which measures in percentage terms how much it costs (58 cents) to make $1 in revenue. First Hawaiian ($20 billion in assets) had an efficiency ratio of 47 percent. Bank of Hawaii’s latest 12-month revenue growth was 7 percent while First Hawaiian’s was 3 percent.

The Forbes 2017 Best Banks in America rankings, which includes America’s 100 largest banks and thrifts by assets, is based on 10 metrics related to growth, profitability, capital adequacy and asset quality. Forbes used data from S&P Global Market Intelligence to conduct the study, which was published online by Forbes on Jan. 10. All data are based on regulatory filings for the period that ended Sept. 30.

Los Angeles-based PacWest Bancorp, a holding company for Pacific Western Bank with $21 billion in assets, was named the top-ranked bank in 2017. PacWest had an efficiency ratio of 41 percent and latest 12-month revenue growth of 24 percent.