List of largest banks in the United States

Last updated

The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2024 per the Federal Financial Institutions Examination Council, along with the market capitalization of public banks.

Contents

In the second quarter of 2024, there were 3,985 commercial banks and 554 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.9 trillion in assets. [1]

The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets). [2]

RankBankHQTotal assets
(billions of US$) [3]
CET1
capital ratio
requirement
[4]
Market capitalization
(billions of US$ as of 12/31/2023) [5]
Ticker
1 JPMorgan Chase New York City $4,21012.0%$491.76JPM
2 Bank of America Charlotte, North Carolina $3,32410.4%$266.46BAC
3 Citigroup New York City $2,43011.5%$98.45C
4 Wells Fargo San Francisco, California $1,9229.2%$178.75WFC
5 Goldman Sachs New York City $1,72813.3%$125.80GS
6 Morgan Stanley New York City $1,25813.3%$153.05MS
7 U.S. Bancorp Minneapolis, Minnesota $6867.0%$67.39USB
8 PNC Financial Services Pittsburgh, Pennsylvania $5657.4%$61.68PNC
9 TD Bank, N.A. Cherry Hill, New Jersey [a] $5607.0%$100.30TD
10 Truist Financial Charlotte, North Carolina $5237.0%$49.24TFC
11 Capital One McLean, Virginia $4867.6%$49.94COF
12 Charles Schwab Corporation Westlake, Texas $4667.0%$125.39SCHW
13 The Bank of New York Mellon New York City $4278.5%$40.03BK
14 State Street Corporation Boston, Massachusetts $3388.0%$23.90STT
15 BMO USA Chicago, Illinois [a] $2977.9%$68.12BMO
16 American Express New York City $2707.0%$136.52AXP
17 HSBC Bank USA New York City [a] $23310.9%$155.81HSBC
18 USAA San Antonio, Texas $2217.0%7.0%N/A
19 First Citizens BancShares Raleigh, North Carolina $2207.0%$20.47FCNCA
20 Citizens Financial Group Providence, Rhode Island $2207.9%$15.45CFG
21 Fifth Third Bank Cincinnati, Ohio $2147.0%$23.49FITB
22 M&T Bank Buffalo, New York $2119.2%$22.75MTB
23 UBS New York City [a] $2039.3%$100.04UBS
24 Huntington Bancshares Columbus, Ohio $2007.8%$18.42HBAN
25 Ally Financial Detroit, Michigan $1927.0%$10.53ALLY
26 Barclays New York City [a] $1928.8%$29.63BCS
27 KeyCorp Cleveland, Ohio $1897.0%$13.48KEY
28 Ameriprise Minneapolis, Minnesota $1857.0%$38.44AMP
29 Santander Bank Boston, Massachusetts [a] $1688.2%$66.55SAN
30 RBC Bank Toronto, Ontario [a] $1667.9%$137.70RY
31 Regions Financial Corporation Birmingham, Alabama $1577.0%$18.02RF
32 Northern Trust Chicago, Illinois $1557.0%$17.47NTRS
33 Discover Financial Riverwoods, Illinois $1517.0%$28.11DFS
34 Synchrony Financial Stamford, Connecticut $1197.0%$15.80SYF
35 Deutsche Bank New York City [a] $1169.0%$27.49DB
36 New York Community Bank Hicksville, New York $1147.0%$7.39NYCB
37 Mizuho Financial Group New York City [a] $837.0%$43.23MFG
38 Raymond James Financial St. Petersburg, Florida $827.0%$23.40RJF
39 First Horizon National Corporation Memphis, Tennessee $827.0%$7.91FHN
40 Western Alliance Bancorporation Phoenix, Arizona $807.0%$7.20WAL
41 Comerica Dallas, Texas $797.0%$7.36CMA
42 Webster Bank Stamford, Connecticut $797.0%$8.73WBS
43 CIBC Bank USA Chicago, Illinois [a] $767.0%$42.22CM
44 East West Bank Pasadena, California $747.0%$10.14EWBC
45 Popular, Inc. San Juan, Puerto Rico $717.0%$5.92BPOP
46 BNP Paribas New York City [a] $689.6%$79.48BNPQY
47 John Deere Bank Reno, Nevada $637.0%$4.34DE
48 Wintrust Financial Rosemont, Illinois $637.0%$5.68WTFC
49 Valley Bank Wayne, New Jersey $627.0%$5.51VLY
50 Synovus Columbus, Georgia $597.0%$5.51SNV
51 Old National Bank Evansville, Indiana $537.0%$4.94ONB
52 Columbia Bank Tacoma, Washington $517.0%$4.05COLB
53 Cullen/Frost Bankers, Inc. San Antonio, Texas $517.0%$6.95CFR
54 Pinnacle Financial Partners Nashville, Tennessee $507.0%$6.70PNFP
55 BOK Financial Corporation Tulsa, Oklahoma $507.0%$5.62BOKF
56 FNB Corporation Pittsburgh, Pennsylvania $487.0%$4.94FNB
57 UMB Financial Corporation Kansas City, Missouri $477.0%$4.05UMBF
58 South State Bank Winter Haven, Florida $467.0%$6.42SSB
59 Associated Banc-Corp Green Bay, Wisconsin $427.0%$3.23ASB
60 Prosperity Bancshares Houston, Texas $407.0%$6.35PB
61 EverBank Jacksonville, Florida $397.0%$4.55N/A
62 Midland Oklahoma City, Oklahoma $397.0%$3.5N/A
63 Sumitomo Mitsui Banking Corporation New York City [a] $397.0%N/AN/A
64 Stifel St. Louis, Missouri $387.0%$7.05SF
65 BankUnited Miami Lakes, Florida $357.0%$2.41BKU
66 Hancock Whitney Gulfport, Mississippi $357.0%$4.19HWC
67 SoFi San Francisco, California $347.0%$9.54SOFI
68 Banc of California Los Angeles, California $337.0%$2.12BANC
69 Fulton Financial Corporation Lancaster, Pennsylvania $327.0%$2.70FULT
70 First National of Nebraska Omaha, Nebraska $327.0%$3.13OTC Pink: FINN
71 Texas Capital Bank Dallas, Texas $297.0%$3.10TCBI
72 Commerce Bancshares Kansas City, Missouri $317.0%$6.97CBSH
73 United Bank (West Virginia) Charleston, West Virginia $297.0%$5.07UBSI
74 First Interstate BancSystem Billings, Montana $297.0%$3.2FIBK
75 Glacier Bancorp Kalispell, Montana $287.0%$4.58GBCI
76 WaFd Bank Seattle, Washington $287.0%$2.12WAFD
77 FirstBank Holding Co Lakewood, Colorado $277.0%N/AN/A
78 United Community Bank Greenville, South Carolina $277.0%$3.48UCB
79 Simmons Bank Pine Bluff, Arkansas $277.0%$2.48SFNC
80 Arvest Bank Bentonville, Arkansas $267.0%N/AN/A
81 Ameris Bancorp Atlanta, Georgia $267.0%$3.66ABCB
82 BCI Financial Group Miami, Florida $267.0%N/AN/A
83 Eastern Bank Boston, Massachusetts $257.0%$2.51EBC
84 Atlantic Union Bank Richmond, Virginia $247.0%$2.74AUB
85 Provident Bank of New Jersey Jersey City, New Jersey $247.0%$2.74PFS
86 Bank of Hawaii Honolulu, Hawaii $237.0%$2.88BOH
87 First Hawaiian Bank Honolulu, Hawaii $237.0%$2.92FHB
88 Axos Financial Las Vegas, Nevada $237.0%$3.15AX
89 Cathay Bank Los Angeles, California $237.0%$3.24CATY
90 Home BancShares Conway, Arkansas $227.0%$5.11HOMB
91 Beal Bank Plano, Texas $227.0%N/AN/A
92 Customers Bancorp Wyomissing, Pennsylvania $217.0%$1.81CUBI
93 WSFS Bank Wilmington, Delaware $207.0%$2.79WSFS
94Pinnacle Bancorp Omaha, Nebraska $207.0%$3.16N/A
95Independent Bank Rockland, Massachusetts $197.0%$2.89INDB
96 First BanCorp San Juan, Puerto Rico $187.0%7.0%FBP
97Merchants Bank Carmel, Indiana $187.0%N/AN/A
98Central Bancompany Jefferson City, Missouri $187.0%$2.79N/A
99Independent Bank Group McKinney, Texas $187.0%$2.10IBTX
100 WesBanco Wheeling, West Virginia $187.0%$2.10WSBC

See also

Notes

  1. 1 2 3 4 5 6 7 8 9 10 11 12 U.S. subsidiary of foreign bank

References

  1. "FDIC Quarterly". Federal Deposit Insurance Corporation.
  2. "Large Commercial Banks". Federal Reserve.
  3. "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council.
  4. Annual Large Bank Capital Requirements, Federal Reserve
  5. "Yahoo! Finance". Yahoo! Finance .