List of largest financial services companies by revenue

Last updated

The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included).

Contents

2024

RankCompanyIndustryRevenue

(USD millions)

Net Income

(USD millions)

Total Assets

(USD billions)

Headquarters
1 Transamerica Corporation Conglomerate245,51042,521873Flag of the United States.svg  United States
2 Ping An Insurance Group Insurance191,50920,7381,460Flag of the People's Republic of China.svg  China
3 ICBC Banking182,79445,7835,110Flag of the People's Republic of China.svg  China
4 China Construction Bank Banking172,00039,2824,311Flag of the People's Republic of China.svg  China
5 Agricultural Bank of China Banking153,88431,2934,169Flag of the People's Republic of China.svg  China
6 China Life Insurance Insurance144,5894,648776Flag of the People's Republic of China.svg  China
7 Allianz Insurance136,1737,7561,297Flag of Germany.svg  Germany
8 Bank of China Banking134,04527,9523,739Flag of the People's Republic of China.svg  China
9 JP Morgan Chase Banking129,50329,1313,386Flag of the United States.svg  United States
10 AXA Insurance128,0113,605984Flag of France.svg  France
11 Fannie Mae Investment Services106,43711,8053,985Flag of the United States.svg  United States
12 Life Insurance Corporation of India Insurance102,8514,954630Flag of India.svg  India
13 Generali Group Insurance97,1281,987667Flag of Italy.svg  Italy
14 Bank of America Banking93,75317,8942,819Flag of the United States.svg  United States
15 Citigroup Banking88,83911,0472,260Flag of the United States.svg  United States
16 People's Insurance Company Insurance84,2902,903192Flag of the People's Republic of China.svg  China
17 Crédit Agricole Banking82,9583,0672,399Flag of France.svg  France
18 BNP Paribas Banking81,6328,0523,045Flag of France.svg  France
18 HSBC Banking80,4295,2292,984Flag of the United Kingdom.svg  United Kingdom
20 Wells Fargo Banking80,3033,3011,955Flag of the United States.svg  United States
21 State Farm Insurance78,8983,738299Flag of the United States.svg  United States
22 Nippon Life Insurance76,9843,127773Flag of Japan.svg  Japan
23 Munich Re Insurance74,0741,379364Flag of Germany.svg  Germany
24 Dai-ichi Life Insurance73,8413,431574Flag of Japan.svg  Japan
25 Banco Santander Banking73,6301,845Flag of Spain.svg  Spain
26 MetLife Insurance67,8425,407795Flag of the United States.svg  United States
27 Bank of Communications Banking67,60511,4091,639Flag of the People's Republic of China.svg  China
28 Freddie Mac Investment Services66,2287,3262,627Flag of the United States.svg  United States
29 Legal & General Group Insurance63,3242,061779Flag of the United Kingdom.svg  United Kingdom
30 Brookfield Asset Management Investment Services62,752343Flag of Canada (Pantone).svg  Canada
31 Aviva Insurance62,5793,588655Flag of the United Kingdom.svg  United Kingdom
32 China Pacific Insurance Insurance61,1853,562271Flag of the People's Republic of China.svg  China
33 China Merchants Bank Banking60,43314,1071,281Flag of the People's Republic of China.svg  China
34 Zurich Insurance Group Insurance59,0013,834439Flag of Switzerland (Pantone).svg   Switzerland
35 Manulife Financial Insurance58,8404,377691Flag of Canada (Pantone).svg  Canada
36 Aegon Insurance58,221543Flag of the Netherlands.svg  Netherlands
37 Prudential Financial Insurance57,033940Flag of the United States.svg  United States
38 Mitsubishi UFJ Financial Group Banking56,8387,3293,250Flag of Japan.svg  Japan
39 Prudential Insurance55,9732,118516Flag of the United Kingdom.svg  United Kingdom
40 StoneX Group Inc. Investment Services54,13916913Flag of the United States.svg  United States
41 Goldman Sachs Investment Services53,4989,4591,163Flag of the United States.svg  United States
42 Industrial Bank Banking53,3139,6551,209Flag of the People's Republic of China.svg  China
43 Shanghai Pudong Development Banking52,6288,4431,219Flag of the People's Republic of China.svg  China
44 Société Générale Banking52,0681,789Flag of France.svg  France
45 Morgan Stanley Investment Services52,04710,9961,115Flag of the United States.svg  United States
46 State Bank of India Banking51,9193,018662Flag of India.svg  India
47 Tokio Marine Holdings Insurance51,5161,526232Flag of Japan.svg  Japan
48 AIA Group Insurance50,3595,779326Flag of the People's Republic of China.svg  China
49 China Minsheng Banking Banking49,0764,9721,065Flag of the People's Republic of China.svg  China
50 Power Corporation of Canada Insurance48,1831,525493Flag of Canada (Pantone).svg  Canada
51 Talanx Insurance46,788766221Flag of Germany.svg  Germany
52 Lloyds Banking Group Banking14,5921,8821,183Flag of the United Kingdom.svg  United Kingdom

2018

The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).

RankCompanyIndustryRevenue

(USD millions)

Net Income

(USD millions)

Total Assets

(USD billions)

Headquarters
1 Berkshire Hathaway Conglomerate247,5004,020708Flag of the United States.svg  United States
2 Ping An Insurance Group Insurance163,59716,2377,143Flag of the People's Republic of China.svg  China
3 Allianz Insurance143,8608,490973Flag of Germany.svg  Germany
4 AXA Insurance113,1302,3101,008Flag of France.svg  France
5 JP Morgan Chase Banking105,48630,7092,687Flag of the United States.svg  United States
6 ICBC Banking105,40044,2604,027Flag of the People's Republic of China.svg  China
7 China Construction Bank Banking94,98737,2003,376Flag of the People's Republic of China.svg  China
8 China Life Insurance Insurance92,71022,040362Flag of the People's Republic of China.svg  China
9 Bank of America Banking91,24028,1402,325Flag of the United States.svg  United States
10 Agricultural Bank of China Banking87,60029,5003,287Flag of the People's Republic of China.svg  China
11 Wells Fargo Banking86,41022,3901,895Flag of the United States.svg  United States
12 HSBC Banking86,13115,0202,715Flag of the United Kingdom.svg  United Kingdom
13 Generali Group Insurance75,4602,310587Flag of Italy.svg  Italy
14 People's Insurance Company Insurance75,3771,952146Flag of the People's Republic of China.svg  China
15 Bank of China Banking73,23027,9703,092Flag of the People's Republic of China.svg  China
16 Citigroup Banking72,85016,6721,917Flag of the United States.svg  United States
17 MetLife Insurance67,9404,982686Flag of the United States.svg  United States
18 Bank of Communications Banking65,64411,1311,386Flag of the People's Republic of China.svg  China
19 Dai-ichi Life Insurance64,7942,029347Flag of Japan.svg  Japan
20 Aegon Insurance64,2232,618886Flag of the Netherlands.svg  Netherlands
21 Banco Bradesco Banking61,5405,222361Flag of Brazil.svg  Brazil
22 Prudential Financial Insurance59,6897,863832Flag of the United States.svg  United States
23 Legal & General Group Insurance55,9992,701493Flag of the United Kingdom.svg  United Kingdom
24 China Merchants Bank Banking55,06312,179981Flag of the People's Republic of China.svg  China
25 Munich Re Insurance54,0902,530309Flag of Germany.svg  Germany
26 China Pacific Insurance Insurance53,5722,724Flag of the People's Republic of China.svg  China
27 Banco Santander Banking53,3408,600Flag of Spain.svg  Spain
28 Shanghai Pudong Development Banking50,5458,453Flag of the People's Republic of China.svg  China
29 Morgan Stanley Investment Services50,1938,748Flag of the United States.svg  United States
30 MS&AD Insurance Group Insurance49,6091,738Flag of Japan.svg  Japan
31 Tokio Marine Holdings Insurance49,3952,476Flag of Japan.svg  Japan
32 American International Group Insurance47,390-0.006Flag of the United States.svg  United States
33 Zurich Insurance Group Insurance47,1803,716Flag of Switzerland (Pantone).svg   Switzerland
34 BNP Paribas Banking46,8408,820Flag of France.svg  France
35 CNP Assurances Insurance45,4611,612Flag of France.svg  France
36 Sberbank Banking44,89813,268Flag of Russia.svg  Russia
37 Royal Bank of Canada Banking44,6099,635Flag of Canada (Pantone).svg  Canada
38 Banco do Brasil Banking43,3323,782Flag of Brazil.svg  Brazil
39 China Minsheng Banking Banking43,2987,370Flag of the People's Republic of China.svg  China
40 American Express Financial Services43,2816,921Flag of the United States.svg  United States
41 Itaú Unibanco Holding Banking42,7006,500Flag of Brazil.svg  Brazil
42 Talanx Insurance42,390829Flag of Germany.svg  Germany
43 Goldman Sachs Investment Services42,2544,286Flag of the United States.svg  United States
44 Mitsubishi UFJ Financial Group Banking41,2809,820Flag of Japan.svg  Japan
45 TD Bank Group Banking41,1988,751Flag of Canada (Pantone).svg  Canada
46 Allstate Insurance39,8152,252Flag of the United States.svg  United States
47 State Bank of India Banking39,090120Flag of India.svg  India
48 Intesa Sanpaolo Banking39,0504,780Flag of Italy.svg  Italy
49 Power Corporation of Canada Insurance37,1181,033Flag of Canada (Pantone).svg  Canada
50 Swiss Re Insurance37,047462Flag of Switzerland (Pantone).svg   Switzerland
51 Mizuho Financial Group Banking35,406871Flag of Japan.svg  Japan
52 Sumitomo Mitsui Financial Group Banking35,1708,207Flag of Japan.svg  Japan
53 Credit Suisse Group Investment Services34,2842,070Flag of Switzerland (Pantone).svg   Switzerland
54 Crédit Agricole Banking33,7475,351Flag of France.svg  France
55 Commonwealth Bank Banking33,1867,228Flag of Australia (converted).svg  Australia
56 Sompo Holdings Insurance32,8571,322Flag of Japan.svg  Japan
57 Prudential Insurance32,5534,035Flag of the United Kingdom.svg  United Kingdom
58 Standard Life Insurance32,114868Flag of the United Kingdom.svg  United Kingdom
59 Bank of Nova Scotia Banking31,5896,642Flag of Canada (Pantone).svg  Canada
60 Travelers Cos Insurance30,2822,523Flag of the United States.svg  United States
61 UBS Investment Services30,2104,510Flag of Switzerland (Pantone).svg   Switzerland
62 Manulife Financial Insurance30,0703,703Flag of Canada (Pantone).svg  Canada
63 Royal Bank of Scotland Banking28,9842,218Flag of the United Kingdom.svg  United Kingdom
64 Barclays Banking27,8653,126Flag of the United Kingdom.svg  United Kingdom
65 Deutsche Bank Banking27,492378Flag of Germany.svg  Germany
66 Mapfre Insurance27,423624Flag of Spain.svg  Spain
67 ANZ Banking27,1474,863Flag of Australia (converted).svg  Australia
68 Société Générale Banking26,3803,780Flag of France.svg  France
69 BBVA Banking26,2612,930Flag of Spain.svg  Spain
70 Onex Investment Services25,606-0.663Flag of Canada (Pantone).svg  Canada
71 Lloyds Banking Group Banking25,2515,737Flag of the United Kingdom.svg  United Kingdom
72 Aviva Insurance91,8403,481496Flag of the United Kingdom.svg  United Kingdom
73FNMA (Fannie Mae)Investment Services21,90016,000Flag of the United States.svg  United States
74 Aflac Insurance21,7582,920Flag of the United States.svg  United States
75 UniCredit Banking21,0705,212Flag of Italy.svg  Italy
76 Standard Chartered Banking20,9761,109Flag of the United Kingdom.svg  United Kingdom
77 Old Mutual Investment Services20,923938Flag of the United Kingdom.svg  United Kingdom
78 Freddie Mac Investment Services15,3809,235Flag of the United States.svg  United States
79 Westpac Banking Group Banking14,7105,412Flag of Australia (converted).svg  Australia
80 National Australia Bank Banking12,7703,713Flag of Australia (converted).svg  Australia

See also

Related Research Articles

<i>Fortune</i> 500 Annual list of largest US corporations

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000.

The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003.

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