List of largest banks in the United States

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This article lists the largest banks in the United States by assets and by market capitalization.

By total assets[edit]

Rank Bank name Headquarters Location Total assets as of December 31, 2017 (billions of US$)[1]
1 JPMorgan Chase New York City $2,534
2 Bank of America Charlotte, North Carolina $2,281
3 Wells Fargo San Francisco, California $1,952
4 Citigroup New York City $1,842
5 Goldman Sachs New York City $916
6 Morgan Stanley New York City $851
7 U.S. Bancorp Minneapolis, Minnesota $462
8 PNC Financial Services Pittsburgh, Pennsylvania $381
9 TD Bank, N.A. Cherry Hill, New Jersey $380
10 The Bank of New York Mellon New York City $371
11 Capital One McLean, Virginia $366
12 HSBC Bank USA New York City $273
12 Bank of the West San Ramon, California $250
13 Charles Schwab Corporation San Francisco, California $243
14 State Street Corporation Boston, Massachusetts $238
15 BB&T Winston-Salem, North Carolina $221
16 SunTrust Banks Atlanta, Georgia $205
17 American Express New York City $181
18 Ally Financial Detroit, Michigan $167
19 Barclays New York City $157
20 USAA San Antonio, Texas $155
21 MUFG Union Bank New York City $154
22 Citizens Financial Group Providence, Rhode Island $151
23 Deutsche Bank New York City $148
24 Fifth Third Bank Cincinnati, Ohio $142
25 Royal Bank of Canada New York City $141
26 Credit Suisse New York City $141
27 UBS New York City $140
28 BNP Paribas New York City $139
29 Northern Trust Chicago, Illinois $138
30 KeyCorp Cleveland, Ohio $137
31 BMO Harris Bank Chicago, Illinois $131
32 Santander Bank Boston, Massachusetts $128
33 Regions Financial Corporation Birmingham, Alabama $124
34 M&T Bank Buffalo, New York $118
35 Huntington Bancshares Columbus, Ohio $104
36 Discover Bank Riverwoods, Illinois $100
37 Synchrony Financial Stamford, Connecticut $95
38 First Republic Bank San Francisco, California $87
39 BBVA Compass Birmingham, Alabama $87
40 Comerica Dallas, Texas $71
41 Zions Bancorporation Salt Lake City, Utah $66
42 E-Trade New York City $63
43 Silicon Valley Bank Santa Clara, California $51
44 CIT Group Livingston, New Jersey $49
45 New York Community Bank Westbury, New York $49
46 People's United Financial Bridgeport, Connecticut $44
47 Popular, Inc. San Juan, Puerto Rico $44
48 Signature Bank New York City $43
49 First Horizon National Corporation Memphis, Tennessee $41
50 Mizuho Financial Group New York City $40
51 East West Bank Pasadena, California $37
52 John Deere Financial Reno, Nevada $35
53 Raymond James Financial St. Petersburg, Florida $35
54 First Citizens BancShares Raleigh, North Carolina $34
55 BOK Financial Corporation Tulsa, Oklahoma $32

By market capitalization[edit]

The market capitalization of a company is a measure of its worth, calculated by multiplying the number of shares outstanding by the value per share.

Rank Bank name Headquarters Location Market capitalization as of January 17, 2018 (billions of US$)[2]
1 JPMorgan Chase New York, New York $392
2 Bank of America Charlotte, North Carolina $325
3 Wells Fargo San Francisco, California $314
4 Citigroup New York, New York $204
5 Morgan Stanley New York, New York $100
6 Goldman Sachs New York, New York $99
7 U.S. Bancorp Minneapolis, Minnesota $93
8 American Express New York, New York $87
9 Charles Schwab Corporation San Francisco, California $75
10 PNC Bank Pittsburgh, Pennsylvania $73
11 Bank of New York Mellon New York, New York $59
12 Capital One McLean, Virginia $50
13 BB&T Winston-Salem, North Carolina $42
14 State Street Corporation Boston, Massachusetts $39
15 SunTrust Banks Atlanta, Georgia $32
16 Discover Financial Riverwoods, Illinois $28
17 M&T Bank Buffalo, New York $26
18 Northern Trust Corporation Chicago, Illinois $24
19 Fifth Third Bank Cincinnati, Ohio $22
20 KeyCorp Cleveland, Ohio $22
21 Citizens Financial $22
22 Regions Financial Birmingham, Alabama $21
23 Huntington Bancshares Columbus, Ohio $17
24 Comerica $16
25 E-Trade $14
26 First Republic $14
27 Ally Financial $13
28 Silicon Valley Bank $13
29 Zions Bancorporation $10
30 East West Bank $9
31 Signature Bank $8
32 CIT Group $6
33 PacWest Bank $6
34 People's United $6
35 New York Community Bank $6
36 First Horizon National Corporation Memphis, Tennessee $6
37 Frost Bank San Antonio, Texas $6
38 BOK Financial Corporation $6
39 Commerce Bancshares $6
40 Synovus Columbus, Georgia $6
41 Webster Bank Waterbury, Connecticut $5

See also[edit]

References[edit]