List of largest banks in the United States

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The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2023 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.

As of October 19, 2023, there were 4,049 commercial banks and 565 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.4 trillion in assets.[1] There are a few other banks not FDIC insured, e.g. Bank of North Dakota (state-owned bank).

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 ($30 billion in assets).[2]

  Foreign banks with branches in the US
  Defunct or acquired

Rank Bank name Headquarters 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
1 JPMorgan Chase New York City $3,874 12.0 $491.76 JPM
2 Bank of America Charlotte, North Carolina $3,181 10.4 $266.46 BAC
3 Citigroup New York City $2,412 11.5 $98.45 C
4 Wells Fargo San Francisco, California $1,932 9.2 $178.75 WFC
5 Goldman Sachs New York City $1,642 13.3 $125.80 GS
6 Morgan Stanley New York City $1,194 13.3 $153.05 MS
7 U.S. Bancorp Minneapolis, Minnesota $663 7.0 $67.39 USB
8 PNC Financial Services Pittsburgh, Pennsylvania $562 7.4 $61.68 PNC
9 Truist Financial Charlotte, North Carolina $535 7.0 $49.24 TFC
10 TD Bank, N.A. Cherry Hill, New Jersey $523 7.0 $100.30 TD
11 Charles Schwab Corporation Westlake, Texas $493 7.0 $125.39 SCHW
12 Capital One McLean, Virginia $478 7.6 $49.94 COF
13 The Bank of New York Mellon New York City $410 8.5 $40.03 BK
14 State Street Corporation Boston, Massachusetts $297 8.0 $23.90 STT
15 BMO USA Chicago, Illinois $293 7.9 $68.12 BMO
16 American Express New York City $261 7.0 $136.52 AXP
17 Citizens Financial Group Providence, Rhode Island $222 7.9 $15.45 CFG
18 HSBC Bank USA New York City $220 10.9 $155.81 HSBC
19 Fifth Third Bank Cincinnati, Ohio $215 7.0 $23.49 FITB
20 First Citizens BancShares Raleigh, North Carolina $214 – $20.47 FCNCA
21 USAA San Antonio, Texas $212 – N/A N/A
22 M&T Bank Buffalo, New York $208 9.2 $22.75 MTB
23 Ally Financial Detroit, Michigan $196 7.0 $10.53 ALLY
24 UBS New York City $195 9.3 $100.04 UBS
25 Huntington Bancshares Columbus, Ohio $189 7.8 $18.42 HBAN
26 KeyCorp Cleveland, Ohio $188 7.0 $13.48 KEY
27 Barclays New York City $187 8.8 $29.63 BCS
28 Ameriprise Minneapolis, Minnesota $175 – $38.44 AMP
29 RBC Bank Toronto, Ontario $168 7.9 $137.70 RY
30 Santander Bank Boston, Massachusetts $165 8.2 $66.55 SAN
31 Regions Financial Corporation Birmingham, Alabama $153 7.0 $18.02 RF
32 Discover Financial Riverwoods, Illinois $152 7.0 $28.11 DFS
33 Northern Trust Chicago, Illinois $151 7.0 $17.47 NTRS
34 Synchrony Financial Stamford, Connecticut $117 – $15.80 SYF
35 New York Community Bank Hicksville, New York $114 – $7.39 NYCB
36 Deutsche Bank New York City $114 9.0 $27.49 DB
37 Comerica Dallas, Texas $86 – $7.36 CMA
38 First Horizon National Corporation Memphis, Tennessee $82 – $7.91 FHN
39 Raymond James Financial St. Petersburg, Florida $80 – $23.40 RJF
40 Mizuho Financial Group New York City $78 $43.23 MFG
41 Webster Bank Stamford, Connecticut $75 – $8.73 WBS
42 CIBC Bank USA Chicago, Illinois $72 – $42.22 CM
43 Western Alliance Bancorporation Phoenix, Arizona $71 – $7.20 WAL
44 Popular, Inc. San Juan, Puerto Rico $69 – $5.92 BPOP
45 East West Bank Pasadena, California $69 $10.14 EWBC
46 BNP Paribas New York City $61 9.6 $79.48 BNPQY
47 Valley Bank Wayne, New Jersey $61 $5.51 VLY
48 Synovus Columbus, Georgia $60 $5.51 SNV
49 John Deere Reno, Nevada $59 $4.34
50 Wintrust Financial Rosemont, Illinois $56 $5.68 WTFC
51 Columbia Bank Tacoma, Washington $52 $4.05 COLB
52 Cullen/Frost Bankers, Inc. San Antonio, Texas $51 $6.95 CFR
53 BOK Financial Corporation Tulsa, Oklahoma $50 $5.62 BOKF
54 Old National Bank Evansville, Indiana $49 $4.94 ONB
55 Pinnacle Financial Partners Nashville, Tennessee $48 $6.70 PNFP
56 FNB Corporation Pittsburgh, Pennsylvania $46 $4.94 FNB
57 South State Bank Winter Haven, Florida $45 $6.42 SSB
58 UMB Financial Corporation Kansas City, Missouri $44 $4.05 UMBF
59 Associated Banc-Corp Green Bay, Wisconsin $41 $3.23 ASB
60 Prosperity Bancshares Houston, Texas $39 $6.35 PB
61 Banc of California, Inc.[7] Los Angeles, California[8] $39 – $2.12 BANC
62 Stifel St. Louis, Missouri $38 $7.05 SF
63 Midland Oklahoma City, Oklahoma $37 $3.5 N/A
64 EverBank Jacksonville, Florida $36 $4.55 N/A
65 BankUnited Miami Lakes, Florida $36 $2.41 BKU
66 Hancock Whitney Gulfport, Mississippi $36 $4.19 HWC
67 Sumitomo Mitsui Banking Corporation New York City $33 N/A N/A
68 Commerce Bancshares Kansas City, Missouri $32 $6.97 CBSH
69 First National of Nebraska Omaha, Nebraska $31 $3.13 OTC Pink: FINN
70 First Interstate BancSystem Billings, Montana $31 $3.2 FIBK
71 SoFi San Francisco, California $30 $9.54 SOFI
72 United Bank (West Virginia) Charleston, West Virginia $30 $5.07 UBSI
73 Texas Capital Bank Dallas, Texas $28 $3.10 TCBI
74 Credit Suisse[a] New York City $28 13.5 N/A
75 FirstBank Holding Co Lakewood, Colorado $28 N/A N/A
76 Glacier Bancorp Kalispell, Montana $28 $4.58 GBCI
77 Arvest Bank Bentonville, Arkansas $28 N/A N/A
78 Beal Bank Plano, Texas $28 N/A N/A
79 Fulton Financial Corporation Lancaster, Pennsylvania $27 $2.70 FULT
80 Simmons Bank Pine Bluff, Arkansas $27 $2.48 SFNC
81 United Community Bank Greenville, South Carolina $27 $3.48 UCBI
82 BCI Financial Group Miami, Florida $26 N/A N/A
83 Ameris Bancorp Atlanta, Georgia $25 $3.66 ABCB
84 First Hawaiian Bank Honolulu, Hawaii $25 $2.92 FHB
85 Bank of Hawaii Honolulu, Hawaii $24 $2.88 BOH
86 Cathay Bank Los Angeles, California $23 $3.24 CATY
87 Home BancShares Conway, Arkansas $23 $5.11 HOMB
88 WAFD Seattle, Washington $23 $2.12 WAFD
89 Axos Financial Las Vegas, Nevada $22 $3.15 AX
90 Customers Bancorp Wyomissing, Pennsylvania $21 $1.81 CUBI
91 Atlantic Union Bank Richmond, Virginia $21 $2.74 AUB
92 Eastern Bank Boston, Massachusetts $21 $2.51 EBC
93 WSFS Bank Wilmington, Delaware $21 $2.79 WSFS
94 HTLF Bank Denver, Colorado $19 $1.60 HTLF
95 Independent Bank Rockland, Massachusetts $19 $2.89 INDB
96 Hope Bancorp Los Angeles, California $20 $1.45 HOPE
97 Pinnacle Bank Omaha, Nebraska $18 $3.16 N/A
98 Central Bancompany, Inc. Jefferson City, Missouri $19 $2.79 N/A
99 Independent Bank Group, Inc. McKinney, Texas $19 $2.10 IBTX
100 Pacific Premier Bancorp Irvine, California $20 $2.79 PPBI

See also[edit]

Notes[edit]

  1. ^ Acquired by UBS in June 2023

References[edit]

  1. ^ "FDIC Quarterly". Federal Deposit Insurance Corporation.
  2. ^ "Large Commercial Banks". Federal Reserve.
  3. ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 30 September 2022.
  4. ^ "Large Bank Capital Requirements" (PDF). August 2022.
  5. ^ "Results". Board of Governors of the Federal Reserve System. Retrieved 2023-03-13.
  6. ^ "Yahoo! Finance". Yahoo! Finance.
  7. ^ "Banc of California's PacWest Acquisition Wins Fed Approval". Bloomberg.com. 2023-10-19. Retrieved 2024-05-03.
  8. ^ "Now Headquartered in Los Angeles, Banc of California Donates $1 Million to Expand Financing Options for Small Businesses". Los Angeles Times. 2023-12-07. Retrieved 2024-05-03.
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