List of largest banks in the United States
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of December 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 December 31, 2020, there were 4,374 commercial banks and 627 savings institutions in the U.S. insured by the Federal Deposit Insurance Corporation with US$21.9 trillion in assets.[1]
Rank | Bank name | Headquarters location | Total assets (billions of US$)[2][3][4] |
Market capitalization (billions of US$)[5] |
---|---|---|---|---|
1 | JPMorgan Chase | New York City, New York | $3,684 | $387.49 |
2 | Bank of America | Charlotte, North Carolina | $3,029 | $325.33 |
3 | Citigroup | New York City, New York | $2,327 | $123.94 |
4 | Wells Fargo | San Francisco, California | $1,945 | $197.00 |
5 | Goldman Sachs | New York City, New York | $1,387 | $100.70 |
6 | Morgan Stanley | New York City, New York | $1,161 | $182 |
7 | Charles Schwab Corporation | Westlake, Texas | $574 | $105.62 |
8 | PNC Financial Services | Pittsburgh, Pennsylvania | $554 | $85.08 |
9 | U.S. Bancorp | Minneapolis, Minnesota | $558 | $68.08 |
10 | Truist Financial | Charlotte, North Carolina | $521 | $84.69 |
11 | TD Bank, N.A. | Cherry Hill, New Jersey | $514 | $105.70 |
12 | The Bank of New York Mellon | New York City, New York | $466 | $36.66 |
13 | Capital One | McLean, Virginia | $421 | $45.71 |
14 | TIAA | New York City, New York | $326 | N/A |
15 | State Street Corporation | Boston, Massachusetts | $314 | $25.65 |
16 | HSBC Bank USA | New York City, New York | $241 | N/A |
17 | Fifth Third Bank | Cincinnati, Ohio | $204 | $21.21 |
18 | USAA | San Antonio, Texas | $200 | N/A |
19 | State Farm | Bloomington, Illinois | $193 | N/A |
20 | American Express | New York City, New York | $191 | $93.52 |
21 | BMO Harris Bank | Chicago, Illinois | $184 | N/A |
22 | Citizens Financial Group | Providence, Rhode Island | $183 | $15.83 |
23 | Ally Financial | Detroit, Michigan | $182 | $14.49 |
24 | KeyCorp | Cleveland, Ohio | $171 | $17.04 |
25 | UBS | New York City, New York | $172 | $53.83 |
26 | BNP Paribas / Bank of the West | San Francisco, California | $135 | |
27 | Northern Trust | Chicago, Illinois | $170 | $19.50 |
28 | MUFG Union Bank | New York City, New York | $167 | N/A |
29 | Ameriprise | Minneapolis, Minnesota | $165 | $22.66 |
30 | Barclays | New York City, New York | $161 | N/A |
31 | RBC Bank | Toronto, Ontario | $150 | N/A |
32 | Santander Bank | Boston, Massachusetts | $149 | N/A |
33 | Regions Financial Corporation | Birmingham, Alabama | $147 | $17.05 |
34 | M&T Bank | Buffalo, New York | $142 | $17.61 |
35 | Huntington Bancshares | Columbus, Ohio | $175 | N/A |
36 | Credit Suisse | New York City, New York | $118 | N/A |
37 | SVB Financial Group | Santa Clara, California | $116 | $26.65 |
38 | Discover Financial | Riverwoods, Illinois | $112 | $26.65 |
39 | Deutsche Bank | New York City, New York | $109 | N/A |
40 | Synchrony Financial | Stamford, Connecticut | $95 | $20.66 |
City National Bank | Los Angeles, CA | $90 | N/A | |
41 | Comerica | Dallas, Texas | $88 | $8.37 |
42 | First Horizon National Corporation | Memphis, Tennessee | $84 | $7.78 |
43 | Popular, Inc. | San Juan, Puerto Rico | $65 | $4.85 |
44 | People's United Financial | Bridgeport, Connecticut | $63 | $6.14 |
45 | CIT Group | New York City, New York | $58 | $3.79 |
46 | CIBC Bank USA | Chicago, Illinois | $56.758 | N/A |
47 | New York Community Bank | Westbury, New York | $56.306 | $5.09 |
48 | Synovus | Columbus, Georgia | $54 | $5.59 |
49 | Raymond James Financial | St. Petersburg, Florida | $53 | $13.58 |
50 | East West Bank | Pasadena, California | $52 | $8.61 |
51 | First Citizens BancShares | Raleigh, North Carolina | $49 | $5.92 |
52 | BOK Financial Corporation | Tulsa, Oklahoma | $46 | $5.41 |
53 | Mizuho Financial Group | New York City, New York | $45.621 | N/A |
54 | Wintrust Financial | Rosemont, Illinois | $45.080 | $3.63 |
55 | Cullen/Frost Bankers, Inc. | San Antonio, Texas | $42 | N/A |
56 | Valley National Bank | Wayne, New Jersey | $40.686 | $4.34 |
57 | John Deere Capital Corporation | Reno, Nevada | $40.126 | $4.34 |
58 | South State Bank | Winter Haven, Florida | $37.789 | $4.34 |
59 | Texas Capital Bank | Dallas, Texas | $37.726 | $3.21 |
60 | FNB Corporation | Pittsburgh, Pennsylvania | $37 | $3.30 |
61 | Phoenix, Arizona | $36 | $7.01 | |
62 | BankUnited | Miami Lakes, Florida | $35 | $3.32 |
63 | Pinnacle Financial Partners | Nashville, Tennessee | $34.932 | $5.54 |
64 | Prosperity Bancshares | Houston, Texas | $34.081 | $6.34 |
65 | Hancock Whitney | Gulfport, Mississippi | $33.640 | $3.16 |
66 | Associated Banc-Corp | Green Bay, Wisconsin | $33.419 | $2.89 |
67 | UMB Financial Corporation | Kansas City, Missouri | $33.127 | $3.46 |
68 | Commerce Bancshares | Kansas City, Missouri | $32.942 | $8.20 |
69 | Webster Bank | Waterbury, Connecticut | $32.639 | $4.54 |
70 | Flagstar Bank | Troy, Michigan | $31 | $2.48 |
71 | Sterling Bancorp | Montebello, New York | $29.820 | $3.73 |
72 | MidFirst Bank | Oklahoma City, Oklahoma | $29.640 | $3.66 |
73 | PacWest Bancorp | Los Angeles, California | $29.498 | $3.66 |
74 | Umpqua Holdings Corporation | Portland, Oregon | $29.235 | $3.41 |
75 | Stifel | St. Louis, Missouri | $26.604 | $5.30 |
76 | United Bank (West Virginia) | Charleston, West Virginia | $26.184 | $4.35 |
77 | Investors Bank | Short Hills, New Jersey | $26.042 | $2.88 |
78 | Fulton Financial Corporation | Lancaster, Pennsylvania | $25.874 | $2.31 |
79 | First National of Nebraska | Omaha, Nebraska | $24.817 | N/A |
80 | FirstBank Holding Co | Lakewood, Colorado | $24.470 | N/A |
81 | Arvest Bank | Bentonville, Arkansas | $24.390 | N/A |
82 | Old National Bank | Evansville, Indiana | $22.960 | $2.90 |
83 | First Hawaiian Bank | Honolulu, Hawaii | $22.662 | $3.13 |
84 | Simmons Bank | Pine Bluff, Arkansas | $22.366 | $2.79 |
85 | SMBC Americas Holdings Inc. | New York City | $22.053 | |
86 | First Midwest Bank | Chicago, Illinois | $20.838 | $1.99 |
87 | Bank of Hawaii | Honolulu, Hawaii | $20.603 | $3.24 |
88 | Ameris Bancorp | Atlanta, Georgia | $20.438 | |
89 | Pacific Premier Bancorp Inc. | Irvine, California | $19.736 | |
90 | Atlantic Union Bank | Richmond, Virginia | $19.636 | N/A |
91 | Macy's | New York City, New York | $19.213 | $4.92 |
92 | EB Acquisition Company LLC | Dallas, Texas | $19.142 | |
93 | EB Acquisition Company II LLC | Dallas, Texas | $19.142 | |
94 | Washington Federal | Seattle, Washington | $19.063 | $2.11 |
95 | Cathay Bank | Los Angeles, California | $19.043 | $2.88 |
96 | First BanCorp | San Juan, Puerto Rico | $18.793 | $2.98 |
97 | Cadence Bank | Atlanta, Georgia | $18.712 | N/A |
98 | BCI Financial Group, Inc. | Miami, Florida | $18.622 | |
99 | Glacier Bancorp, Inc | Kalispell, Montana | $18.504 | |
100 | Customers Bancorp, Inc. | Wyomissing, Pennsylvania | $18.439 |
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:[6]
See also[]
- List of largest banks
- Banking in the United States
- List of largest banks in North America
- List of largest banks in Latin America
References[]
- ^ "FDIC Quarterly". Federal Deposit Insurance Corporation.
- ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 31 December 2020.
- ^ "PNC Completes Acquisition of BBVA USA". Yahoo Finance. 1 June 2021. Retrieved 1 June 2021.
- ^ Manes, Nick (9 June 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Retrieved 9 June 2021.
- ^ "Yahoo! Finance". Yahoo! Finance.
- ^ "Large Commercial Banks". Federal Reserve.
Categories:
- Banks of the United States
- Banking in the United States
- Lists of banks in the United States