List of largest banks in the United States

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

The following table lists the 100 largest bank holding companies in the United States ranked by total assets of March 31, 2020 per the Federal Financial Institutions Examination Council; their market capitalization is also shown. This list does not include some large commercial banks, which are not holding companies.

As of June 2020, there were 4,430 commercial banks and 636 savings institutions in the U.S. insured by the Federal Deposit Insurance Corporation with US$21.1 trillion in assets.[1]

Rank Bank name Headquarters location Total assets
(billions of US$)[2]
Market capitalization
(billions of US$)[3]
1 JPMorgan Chase New York City, New York $3,139 $401.24
2 Bank of America Charlotte, North Carolina $2,619 $267.66
3 Citigroup New York City, New York $2,219 $126.81
4 Wells Fargo San Francisco, California $1,981 $130.04
5 Goldman Sachs New York City, New York $1,089 $96.95
6 Morgan Stanley New York City, New York $947 $128.81
7 U.S. Bancorp Minneapolis, Minnesota $546 $68.08
8 Truist Financial Charlotte, North Carolina $506 $67.77
9 The Bank of New York Mellon New York City, New York $468 $36.66
10 TD Bank, N.A. Cherry Hill, New Jersey $447 $105.70
11 PNC Financial Services Pittsburgh, Pennsylvania $445 $62.78
12 Capital One McLean, Virginia $396 $45.71
13 Charles Schwab Corporation Westlake, Texas $370 $105.62
14 State Street Corporation Boston, Massachusetts $359 $25.65
15 TIAA New York City, New York $315 N/A
16 HSBC Bank USA New York City, New York $297 N/A
17 BMO Harris Bank Chicago, Illinois $187 N/A
18 American Express New York City, New York $186 $93.52
19 Fifth Third Bank Cincinnati, Ohio $185 $21.21
20 BNP Paribas / Bank of the West San Francisco, California $183 N/A
21 Ally Financial Detroit, Michigan $182 $14.49
22 Barclays New York City, New York $179 N/A
23 USAA San Antonio, Texas $178 N/A
24 Citizens Financial Group Providence, Rhode Island $176 $15.83
25 State Farm Bloomington, Illinois $166 N/A
26 MUFG Union Bank New York City, New York $165 N/A
27 UBS New York City, New York $163 $53.83
28 Northern Trust Chicago, Illinois $161 $19.50
29 KeyCorp Cleveland, Ohio $157 $17.04
30 Santander Bank Boston, Massachusetts $152 N/A
31 Ameriprise Minneapolis, Minnesota $145 N/A
32 RBC Bank New York City, New York $137 N/A
33 Regions Financial Corporation Birmingham, Alabama $133 $17.05
34 Credit Suisse New York City, New York $131 N/A
35 M&T Bank Buffalo, New York $124 $17.61
36 Deutsche Bank New York City, New York $117 N/A
37 Huntington Bancshares Columbus, Ohio $113 N/A
38 Discover Financial Riverwoods, Illinois $112 $26.65
39 Synchrony Financial Stamford, Connecticut $98 $20.66
40 BBVA USA Birmingham, Alabama $94 N/A
41 Comerica Dallas, Texas $76 $8.37
42 Silicon Valley Bank Santa Clara, California $75 $25.02
43 E-Trade New York City, New York N/A N/A
44 People's United Financial Bridgeport, Connecticut $60 $6.14
45 CIT Group New York City, New York $58 $3.79
46 New York Community Bank Westbury, New York $54 $5.09
47 Popular, Inc. San Juan, Puerto Rico $52 $4.85
48 Mizuho Financial Group New York City, New York $51 N/A
49 Synovus Columbus, Georgia $50 $5.59
50 Raymond James Financial St. Petersburg, Florida $49 $13.58
51 CIBC Bank USA Chicago, Illinois $48 N/A
52 TCF Financial Detroit, Michigan $48 $6.12
53 First Horizon National Corporation Memphis, Tennessee $47 $7.78
54 BOK Financial Corporation Tulsa, Oklahoma $47 $5.41
55 East West Bank Pasadena, California $45 $8.61
56 First Citizens BancShares Raleigh, North Carolina $41 $5.92
57 John Deere Capital Corporation Reno, Nevada $41 N/A
58 Valley National Bank Wayne, New Jersey $39 $4.34
59 Wintrust Financial Rosemont, Illinois $38 $3.63
60 Texas Capital Bank Dallas, Texas $35 $3.21
61 FNB Corporation Pittsburgh, Pennsylvania $35 $3.30
62 Frost Bank San Antonio, Texas $34 $6.09
63 Pinnacle Financial Partners Nashville, Tennessee $33 $5.54
64 Associated Banc-Corp Green Bay, Wisconsin $32 $2.89
65 BankUnited Miami Lakes, Florida $32 $3.32
66 IberiaBank Lafayette, Louisiana N/A N/A
67 Hancock Whitney Gulfport, Mississippi $31 $3.16
68 Prosperity Bancshares Houston, Texas $31 $6.34
69 Webster Bank Waterbury, Connecticut $31 $4.54
70 Sterling Bancorp Montebello, New York $30 $3.73
71 Western Alliance Bank Phoenix, Arizona $29 $7.01
72 Umpqua Holdings Corporation Portland, Oregon $27 $3.41
73 Commerce Bancshares Kansas City, Missouri $26 $8.20
74 Flagstar Bank Troy, Michigan $26 $2.48
75 Investors Bank Short Hills, New Jersey $26 $2.88
76 UMB Financial Corporation Kansas City, Missouri $26 $3.46
77 PacWest Bancorp Los Angeles, California $26 $3.66
78 Stifel St. Louis, Missouri $25 $5.30
79 Sumitomo Mitsui Financial Group New York City, New York $25 N/A
80 MidFirst Bank Oklahoma City, Oklahoma $24 N/A
81 Fulton Financial Corporation Lancaster, Pennsylvania $22 $2.31
82 First National of Nebraska Omaha, Nebraska $22 N/A
83 Macy's New York City, New York $21 $4.92
84 Simmons Bank Pine Bluff, Arkansas $20 $2.79
85 First Hawaiian Bank Honolulu, Hawaii $20 $3.13
86 Old National Bank Evansville, Indiana $20 $2.90
87 Arvest Bank Bentonville, Arkansas $20 N/A
88 United Bank (West Virginia) Charleston, West Virginia $20 $4.35
89 FirstBank Holding Co Lakewood, Colorado $20 N/A
90 First Midwest Bank Chicago, Illinois $19 $1.99
91 CenterState Bank Winter Haven, Florida $18 N/A
92 Bank of Hawaii Honolulu, Hawaii $18 $3.24
93 Cathay Bank Los Angeles, California $18 $2.88
94 Ameris Bancorp Atlanta, Georgia $18 $2.98
95 Atlantic Union Bank Richmond, Virginia $17 N/A
96 Washington Federal Seattle, Washington $17 $2.11
97 Cadence Bank Atlanta, Georgia $17 N/A
98 Mechanics Bank Walnut Creek, California $17 N/A
99 South State Bank Columbia, South Carolina $16 N/A
100 City National Bank of Florida Miami, Florida $16 N/A

Banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council, because they are not holding companies, are as follows:[4]

See also[edit]

References[edit]

  1. ^ "FDIC Quarterly". Federal Deposit Insurance Corporation.
  2. ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 31 March 2020.
  3. ^ "Yahoo! Finance". Yahoo! Finance.
  4. ^ "Large Commercial Banks". Federal Reserve.