List of largest banks in the United States explained

The following table lists the 100 largest bank holding companies in the United States ranked by total assets of March 31, 2024 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.

In the first quarter of 2024, there were 4,012 commercial banks and 556 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.957 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]

Foreign banks with branches in the US
Defunct or acquired after March 31, 2024

RankBank nameHeadquarters location Total assets
(billions of US$)[3]
CET1
capital
requirement
(2022)[4] [5]
Market capitalization
(billions of US$ as of 12/31/2023)[6]
Ticker Symbol
1JPMorgan ChaseNew York City$4,09012.0$491.76JPM
2 Bank of AmericaCharlotte, North Carolina$3,27310.4$266.46BAC
3 CitigroupNew York City$2,43211.5$98.45 C
4Wells FargoSan Francisco, California$1,9599.2$178.75WFC
5Goldman SachsNew York City$1,69813.3$125.80GS
6Morgan StanleyNew York City$1,22813.3$153.05MS
7U.S. BancorpMinneapolis, Minnesota$6837.0$67.39USB
8PNC Financial ServicesPittsburgh, Pennsylvania$5667.4$61.68PNC
9Truist FinancialCharlotte, North Carolina$5347.0$49.24TFC
10TD Bank, N.A.Cherry Hill, New Jersey$5307.0$100.30TD
11Capital OneMcLean, Virginia$4817.6$49.94COF
12Charles Schwab CorporationWestlake, Texas$4687.0$125.39SCHW
13The Bank of New York MellonNew York City$4348.5$40.03BK
14State Street CorporationBoston, Massachusetts$3388.0$23.90STT
15BMO USAChicago, Illinois$2957.9$68.12BMO
16American ExpressNew York City$2697.0$136.52AXP
17HSBC Bank USANew York City$24610.9$155.81HSBC
18Citizens Financial GroupProvidence, Rhode Island$2207.9$15.45CFG
19First Citizens BancSharesRaleigh, North Carolina$217$20.47FCNCA
20USAASan Antonio, Texas$217N/AN/A
21M&T BankBuffalo, New York$2159.2$22.75MTB
22Fifth Third BankCincinnati, Ohio$2147.0$23.49FITB
23BarclaysNew York City$1988.8$29.63BCS
24UBSNew York City$1949.3$100.04UBS
25Huntington BancsharesColumbus, Ohio$1937.8$18.42HBAN
26Ally FinancialDetroit, Michigan$1927.0$10.53ALLY
27KeyCorpCleveland, Ohio$1877.0$13.48KEY
28AmeripriseMinneapolis, Minnesota$179$38.44AMP
29RBC BankToronto, Ontario$1667.9$137.70RY
30Santander BankBoston, Massachusetts$1658.2$66.55SAN
31Northern TrustChicago, Illinois$1567.0$17.47NTRS
32Regions Financial CorporationBirmingham, Alabama$1557.0$18.02RF
33Discover FinancialRiverwoods, Illinois$1527.0$28.11DFS
34Synchrony FinancialStamford, Connecticut$121$15.80SYF
35Deutsche BankNew York City$1139.0$27.49DB
36New York Community BankHicksville, New York$112$7.39NYCB
37First Horizon National CorporationMemphis, Tennessee$81$7.91FHN
38Raymond James FinancialSt. Petersburg, Florida$81$23.40RJF
39ComericaDallas, Texas$79$7.36CMA
40Western Alliance BancorporationPhoenix, Arizona$76$7.20WAL
41Webster BankStamford, Connecticut$76$8.73WBS
42Mizuho Financial GroupNew York City$74$43.23MFG
43Popular, Inc.San Juan, Puerto Rico$70$5.92BPOP
44East West BankPasadena, California$70$10.14EWBC
45CIBC Bank USAChicago, Illinois$69$42.22CM
46BNP ParibasNew York City$649.6$79.48BNPQY
47John DeereReno, Nevada$61$4.34
48Valley BankWayne, New Jersey$61$5.51VLY
49SynovusColumbus, Georgia$59$5.51SNV
50Wintrust FinancialRosemont, Illinois$57$5.68WTFC
51Columbia BankTacoma, Washington$52$4.05COLB
52BOK Financial CorporationTulsa, Oklahoma$50$5.62BOKF
53Cullen/Frost Bankers, Inc.San Antonio, Texas$49$6.95CFR
54Old National BankEvansville, Indiana$49$4.94ONB
55Pinnacle Financial PartnersNashville, Tennessee$48$6.70PNFP
56FNB CorporationPittsburgh, Pennsylvania$45$4.94FNB
57UMB Financial CorporationKansas City, Missouri$45$4.05UMBF
58South State BankWinter Haven, Florida$45$6.42SSB
59Associated Banc-CorpGreen Bay, Wisconsin$41$3.23ASB
60Prosperity BancsharesHouston, Texas$38$6.35PB
61StifelSt. Louis, Missouri$38$7.05SF
62EverBankJacksonville, Florida$37$4.55N/A
63MidlandOklahoma City, Oklahoma$36$3.5N/A
64Banc of CaliforniaLos Angeles, California$36$2.12BANC
65Hancock WhitneyGulfport, Mississippi$35$4.19HWC
66BankUnitedMiami Lakes, Florida$35$2.41BKU
67Sumitomo Mitsui Banking CorporationNew York City$33N/AN/A
68SoFiSan Francisco, California$31$9.54SOFI
69First National of NebraskaOmaha, Nebraska$31$3.13OTC Pink: FINN
70Commerce BancsharesKansas City, Missouri$30$6.97CBSH
71First Interstate BancSystemBillings, Montana$30$3.2FIBK
72WaFd BankSeattle, Washington$30$2.12WAFD
73United Bank (West Virginia)Charleston, West Virginia$30$5.07UBSI
74Texas Capital BankDallas, Texas$29$3.10TCBI
75Glacier BancorpKalispell, Montana$27$4.58GBCI
76FirstBank Holding CoLakewood, Colorado$27N/AN/A
77Fulton Financial CorporationLancaster, Pennsylvania$27$2.70FULT
78Simmons BankPine Bluff, Arkansas$27$2.48SFNC
79United Community BankGreenville, South Carolina$27$3.48UCBI
80Arvest BankBentonville, Arkansas$26N/AN/A
81`BCI Financial GroupMiami, Florida$26N/AN/A
82Ameris BancorpAtlanta, Georgia$25$3.66ABCB
83First Hawaiian BankHonolulu, Hawaii$24$2.92FHB
84Bank of HawaiiHonolulu, Hawaii$23$2.88BOH
85Cathay BankLos Angeles, California$23$3.24CATY
86Credit SuisseNew York City$2313.5N/A
87Home BancSharesConway, Arkansas$22$5.11HOMB
88Beal BankPlano, Texas$22N/AN/A
89Axos FinancialLas Vegas, Nevada$22$3.15AX
90Atlantic Union BankRichmond, Virginia$21$2.74AUB
91Customers BancorpWyomissing, Pennsylvania$21$1.81CUBI
92Eastern BankBoston, Massachusetts$21$2.51EBC
93WSFS BankWilmington, Delaware$20$2.79WSFS
94Pinnacle BankOmaha, Nebraska$20$3.16N/A
95Independent BankRockland, Massachusetts$19$2.89INDB
96HTLF Bank / Heartland FinancialDenver, Colorado$19$1.60HTLF
97Central Bancompany, Inc.Jefferson City, Missouri$19$2.79N/A
98First BanCorpSan Juan, Puerto Rico$18FBP
99Independent Bank Group, Inc.McKinney, Texas$18$2.10IBTX
100Pacific Premier BancorpIrvine, California$18$2.79PPBI

See also

Notes and References

  1. Web site: FDIC Quarterly. Federal Deposit Insurance Corporation.
  2. Web site: Large Commercial Banks . Federal Reserve.
  3. Web site: Holding Companies with Assets Greater Than $10 Billion. Federal Financial Institutions Examination Council.
  4. Web site: August 2022 . Large Bank Capital Requirements .
  5. Web site: Results . Board of Governors of the Federal Reserve System.
  6. Web site: Yahoo! Finance. Yahoo! Finance.