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 31st, 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 $3,386 $401.24
2 Bank of America Charlotte, North Carolina $2,819 $267.66
3 Citigroup New York City, New York $2,260 $126.81
4 Wells Fargo San Francisco, California $1,955 $130.04
5 Goldman Sachs New York City, New York $1,163 $96.95
6 Morgan Stanley New York City, New York $1,115 $128.81
7 PNC Financial Services Pittsburgh, Pennsylvania $560 $68.08
8 U.S. Bancorp Minneapolis, Minnesota $553 $68.08
9 Charles Schwab Corporation Westlake, Texas $549 $105.62
10 Truist Financial Charlotte, North Carolina $509 $67.77
11 TD Bank, N.A. Cherry Hill, New Jersey $507 $105.70
12 The Bank of New York Mellon New York City, New York $469 $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 Huntington Bancshares Columbus, Ohio $175 $12.91
25 UBS New York City, New York $172 $53.83
26 KeyCorp Cleveland, Ohio $171 17.04
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 BNP Paribas / Bank of the West San Francisco, California $135 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
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 Western Alliance Bank 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. Pine Bluff, Arkansas $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. Irvin, 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 Bankcorp 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 alsoEdit

ReferencesEdit

  1. ^ "FDIC Quarterly". Federal Deposit Insurance Corporation.
  2. ^ "Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. 31 December 2020.
  3. ^ "PNC Completes Acquisition of BBVA USA". Yahoo Finance. 1 June 2021. Retrieved 1 June 2021.
  4. ^ Manes, Nick (9 June 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Retrieved 9 June 2021.
  5. ^ "Yahoo! Finance". Yahoo! Finance.
  6. ^ "Large Commercial Banks". Federal Reserve.