List of largest banks


These are lists of the banks in the world, as measured by total assets.[1][2]

The ICBC building on the Bund, Shanghai.
The JPMorgan Chase building in New York City.

By total assetsEdit

The list is based on the April 2021 S&P Global Market Intelligence report of the 100 largest banks in the world.[1][2] The ranking was based upon assets as reported and was not adjusted for different accounting treatments.[2] Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.[3] If JPMorgan Chase reported under the IFRS, it would be ranked 2nd on the list as of 2021, rather than 5th.[1][2]

Rank Bank name Total assets
(2021)
(US$ billion)
1   Industrial and Commercial Bank of China Limited 5,866.00
2   China Construction Bank 4,532.05
3   Agricultural Bank of China 4,354.56
4   Bank of China 4,113.36
5   JPMorgan Chase 3,954.68[4]
6   Mitsubishi UFJ Financial Group 3,737.31
7   HSBC 2,958.15
8   Bank of America 2,434.08
9   BNP Paribas 2,429.26
10   Crédit Agricole 2,256.72
11   Japan Post Bank 1,984.62
12   SMBC Group 1,954.78
13   Citigroup Inc. 1,951.16
14   Wells Fargo 1,927.56
15   Mizuho Financial Group 1,874.89
16   Banco Santander 1,702.61
17   Société Générale 1,522.05
18   Barclays 1,510.14
19   Groupe BPCE 1,501.59
20   Postal Savings Bank of China 1,467.31
21   Deutsche Bank 1,456.26
22   Bank of Communications 1,422.63
23   Goldman Sachs 1,200.00
24   Royal Bank of Canada 1,116.31
25   Lloyds Banking Group 1,104.42
26   Toronto-Dominion Bank 1,102.04
27   China Merchants Bank 1,065.25
28   Intesa Sanpaolo 1,057.82
29   Norinchukin Bank 1,011.14
30   ING Group 1,000.72
31   Industrial Bank (China) 976.79
32   Crédit Mutuel 976.14
33   UBS 972.18
34   UniCredit 960.21
35   China Minsheng Bank 959.63
36   NatWest Group 957.60
37   Shanghai Pudong Development Bank 950.01
38   China CITIC Bank 904.02
39   Morgan Stanley 895.43
40   Scotiabank 872.62
41   Credit Suisse 812.91
42   Banco Bilbao Vizcaya Argentaria 782.16
43   Standard Chartered 720.40
44   Commonwealth Bank 688.40
45   China Everbright Bank 679.81
46   Bank of Montreal 665.20
47   Rabobank 662.77
48   Australia and New Zealand Banking Group 661.72
49   State Bank of India 640.31
50   Nordea 622.66
51   Westpac 611.47
52   National Australia Bank 571.34
53   Ping An Bank 565.72
54   Danske Bank 564.83
55   DZ Bank 561.54
56   U.S. Bancorp 553.90
57   Resona Holdings 549.51
58   Sumitomo Mitsui Trust Holdings 509.28
59   Canadian Imperial Bank of Commerce 495.99
60   Sberbank of Russia 482.53
61   Shinhan Bank 478.50
62   Commerzbank 478.40
63   Truist Financial Corp 473.08
64   KB Financial Group Inc 449.15
65   CaixaBank 439.25
66   DBS Bank 430.45
67   Nomura Holdings 425.50
68   Huaxia Bank 422.74
69   ABN AMRO 420.89
70   PNC Financial Services 410.30
71   Itaú Unibanco 407.37
72   Capital One 390.37
73   The Bank of New York Mellon 381.51
74   Bank of Beijing 374.97
75   Nonghyup Bank 369.92
76   OCBC Bank 365.57
77   Banco do Brasil 365.51
78   Hana Financial Group 365.10
79   Banco Bradesco 345.21
80   China Guangfa Bank 343.26
81   Handelsbanken 328.59
82   KBC Bank 327.87
83   Caixa Econômica Federal 321.68
84   DNB ASA 317.75
85   State Street Corporation 314.71
86   Woori Bank 313.54
87   Nationwide Building Society 307.45
88   Bank of Shanghai 306.04
89   SEB Group 305.79
90   La Banque postale 304.88
91   United Overseas Bank 300.68
92   Bank of Jiangsu 296.58
93   Landesbank Baden-Württemberg 287.99
94   Erste Group 275.72
95   Industrial Bank of Korea 275.54
96   BayernLB 266.27
97   Qatar National Bank 259.48
98   China Zheshang Bank 258.63
99   Swedbank 257.79
100   Raiffeisen Gruppe 256.43

Banks by Country or TerritoryEdit

Number of banks in the top 100 by total assets [2]
Rank Country Number
1   China 19
2   United States 12
3   Japan 8
4   United Kingdom 6
  France 6
  South Korea 6
5   Canada 5
  Germany 5
6   Australia 4
  Brazil 4
7   Netherlands 3
  Singapore 3
  Spain 3
  Sweden 3
   Switzerland 3
8   Italy 2
9   India 1
  Austria 1
  Belgium 1
  Denmark 1
  Finland 1
  Norway 1
  Russia 1
  Qatar 1

By market capitalizationEdit

The list is based on Relbanks.com's ranking as at 1 July 2019, where the data are derived from annual reports and financial statements of the companies.[5]

Rank Bank name Market cap
(US$ billion)
1   JPMorgan Chase 400.37[6]
2   Industrial and Commercial Bank of China 295.65
3   Bank of America 279.73
4   Wells Fargo 214.34
5   China Construction Bank 207.98
6   Agricultural Bank of China 181.49
7   HSBC Holdings PLC 169.47
8   Citigroup Inc. 163.58
9   Bank of China 151.15
10   China Merchants Bank 133.37
11   Royal Bank of Canada 113.80
12   Toronto-Dominion Bank 106.61
13   HDFC Bank 105.9
14   Commonwealth Bank 99.77
15   U.S. Bancorp 84.40
16   Goldman Sachs 78.70
17   Banco Santander 75.47
18   Banco Bradesco 74.67
19   Morgan Stanley 73.93
20   Westpac 67.84
21   Mitsubishi UFJ Financial Group 66.20
22   Scotiabank 65.48
23   PNC Financial Services 63.11
24   Bank of Communications 61.85
25   BNP Paribas 59.36
26   Australia and New Zealand Banking Group 54.88
27   National Australia Bank 51.68
28   Lloyds Banking Group 51.19
29   Sumitomo Mitsui Financial Group 49.85
30   Bank of Montreal 48.12
31   UBS 45.92
32   ING Group 44.97
33   Capital One 43.22
34   The Bank of New York Mellon 42.58
35   China Minsheng Bank 39.13
36   China CITIC Bank 38.55
37   Banco Bilbao Vizcaya Argentaria 37.42
38   Mizuho Financial Group 36.95
39   Intesa Sanpaolo 36.90
40   Crédit Agricole 34.89
41   Canadian Imperial Bank of Commerce 34.87
42   Royal Bank of Scotland 33.95
43   Barclays 33.26
44   Credit Suisse 30.75
45   Nordea 29.59
46   Standard Chartered 29.37
47   KBC Bank 27.40
48   UniCredit 26.88
49   Société Générale 21.27
50   Deutsche Bank 15.77

See alsoEdit

ReferencesEdit

  1. ^ a b c "The world's 100 largest banks, 2021".
  2. ^ a b c d e Feliba, David (April 23, 2021). "The world's 100 largest banks, 2021". S&P Global Market Intelligence. Retrieved May 23, 2022.
  3. ^ "World's 100 Biggest Banks: China's ICBC #1". Forbes. February 12, 2014.
  4. ^ "1Q22 Earnings Supplement" (PDF). JPMorgan Chase. March 31, 2022. Retrieved June 8, 2022.
  5. ^ "World's Largest Banks 2019". Relbanks.com. July 1, 2019.
  6. ^ "1Q22 Earnings Supplement" (PDF). JPMorgan Chase. March 31, 2022. Retrieved June 8, 2022.