The following table lists the 100 largest bank holding companies in the United States ranked by total assets of June 30, 2023 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.
As of June 30, 2023, there were 4,071 commercial banks and 574 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.5 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 ($30 billion in assets).[2]
Foreign banks with branches in USA
Defunct or acquired
Rank
|
Bank name
|
Headquarters location
|
Total assets (billions of US$)[3] |
CET1 capital requirement (2022)[4][5] |
Market capitalization (billions of US$)[6] |
---|
1
|
JPMorgan Chase
|
New York City
|
$3,868
|
12.0
|
$430.973
|
2
|
Bank of America
|
Charlotte
|
$3,123
|
10.4
|
$252.05
|
3
|
Citigroup
|
New York City
|
$2,423
|
11.5
|
$91.89
|
4
|
Wells Fargo
|
San Francisco
|
$1,876
|
9.2
|
$167.58
|
5
|
Goldman Sachs
|
New York City
|
$1,571
|
13.3
|
$118.10
|
6
|
Morgan Stanley
|
New York City
|
$1,164
|
13.3
|
$151.00
|
7
|
U.S. Bancorp
|
Minneapolis
|
$680
|
7.0
|
$59.65
|
8
|
PNC Financial Services
|
Pittsburgh
|
$558
|
7.4
|
$53.78
|
9
|
Truist Financial
|
Charlotte
|
$554
|
7.0
|
$43.53
|
10
|
TD Bank, N.A.
|
Cherry Hill, New Jersey
|
$516
|
7.0
|
$119.26
|
11
|
Charles Schwab Corporation
|
Westlake, Texas
|
$511
|
7.0
|
$119.56
|
12
|
Capital One
|
McLean, Virginia
|
$467
|
7.6
|
$44.23
|
13
|
The Bank of New York Mellon
|
New York City
|
$430
|
8.5
|
$35.03
|
14
|
State Street Corporation
|
Boston
|
$294
|
8.0
|
$23.93
|
15
|
BMO USA
|
Chicago
|
$293
|
7.9
|
$65.43
|
16
|
American Express
|
New York City
|
$244
|
7.0
|
$124.20
|
17
|
HSBC Bank USA
|
New York City
|
$223
|
10.9
|
$165.28
|
18
|
Citizens Financial Group
|
Providence, Rhode Island
|
$223
|
7.9
|
$14.85
|
19
|
First Citizens BancShares
|
Raleigh, North Carolina
|
$209
|
–
|
$20.32
|
20
|
M&T Bank
|
Buffalo, New York
|
$207
|
9.2
|
$22.71
|
21
|
Fifth Third Bank
|
Cincinnati
|
$207
|
7.0
|
$19.42
|
22
|
USAA
|
San Antonio
|
$206
|
–
|
N/A
|
23
|
Ally Financial
|
Detroit
|
$197
|
7.0
|
$9.00
|
24
|
UBS
|
New York City
|
$195
|
9.3
|
$71.44
|
25
|
KeyCorp
|
Cleveland
|
$195
|
7.0
|
$11.02
|
26
|
Barclays
|
New York City
|
$190
|
8.8
|
$31.18
|
27
|
Huntington Bancshares
|
Columbus, Ohio
|
$188
|
7.8
|
$17.52
|
28
|
Santander Bank
|
Boston
|
$170
|
8.2
|
$63.69
|
29
|
Ameriprise
|
Minneapolis
|
$169
|
–
|
$35.80
|
30
|
RBC Bank
|
Toronto
|
$165
|
7.9
|
$135.63
|
31
|
Northern Trust
|
Chicago
|
$156
|
7.0
|
$16.33
|
32
|
Regions Financial Corporation
|
Birmingham, Alabama
|
$155
|
7.0
|
$18.97
|
33
|
Discover Financial
|
Riverwoods, Illinois
|
$138
|
7.0
|
$26.90
|
34
|
New York Community Bank
|
Hicksville, New York
|
$118
|
–
|
$8.82
|
35
|
Synchrony Financial
|
Stamford, Connecticut
|
$108
|
–
|
$14.82
|
36
|
Deutsche Bank
|
New York City
|
$108
|
9.0
|
$23.53
|
37
|
Comerica
|
Dallas
|
$90
|
–
|
$6.85
|
38
|
First Horizon National Corporation
|
Memphis, Tennessee
|
$85
|
–
|
$7.37
|
39
|
Mizuho Financial Group
|
New York City
|
$82
|
|
$40.78
|
40
|
Raymond James Financial
|
St. Petersburg, Florida
|
$77
|
–
|
$23.42
|
41
|
Webster Bank
|
Stamford, Connecticut
|
$74
|
–
|
$7.98
|
42
|
Popular, Inc.
|
San Juan, Puerto Rico
|
$67
|
–
|
$4.95
|
43
|
East West Bank
|
Pasadena, California
|
$68
|
|
$8.48
|
44
|
CIBC Bank USA
|
Chicago
|
$68
|
–
|
$40.58
|
45
|
Western Alliance Bancorporation
|
Phoenix, Arizona
|
$68
|
–
|
$5.48
|
46
|
Valley National Bank
|
Wayne, New Jersey
|
$61
|
|
$4.94
|
47
|
Synovus
|
Columbus, Georgia
|
$60
|
|
$4.78
|
48
|
John Deere
|
Reno, Nevada
|
$56
|
|
$4.34
|
49
|
Wintrust Financial
|
Rosemont, Illinois
|
$54
|
|
$5.14
|
50
|
Columbia Bank
|
Tacoma, Washington
|
$53
|
|
$4.64
|
51
|
BNP Paribas
|
New York City
|
$52
|
9.6
|
$73.15
|
52
|
BOK Financial Corporation
|
Tulsa, Oklahoma
|
$49
|
|
$6.10
|
53
|
Cullen/Frost Bankers, Inc.
|
San Antonio
|
$48
|
|
$7.53
|
54
|
Old National Bank
|
Evansville, Indiana
|
$48
|
|
$4.61
|
55
|
Pinnacle Financial Partners
|
Nashville, Tennessee
|
$46
|
|
$5.63
|
56
|
FNB Corporation
|
Pittsburgh
|
$44
|
|
$4.55
|
57
|
South State Bank
|
Winter Haven, Florida
|
$41
|
|
$5.76
|
58
|
MUFG Americas Holdings Corporation
|
New York City
|
$41
|
–
|
N/A
|
59
|
UMB Financial Corporation
|
Kansas City, Missouri
|
$41
|
|
$3.39
|
60
|
Associated Banc-Corp
|
Green Bay, Wisconsin
|
$41
|
|
$2.79
|
61
|
Prosperity Bancshares
|
Houston
|
$39
|
|
$5.83
|
62
|
PacWest Bancorp[a] |
Los Angeles
|
$38
|
|
$1.08
|
63
|
Stifel
|
St. Louis
|
$37
|
|
$6.92
|
64
|
Sumitomo Mitsui Banking Corporation
|
New York City
|
$36
|
|
N/A
|
65
|
Credit Suisse[b] |
New York City
|
$36
|
13.5
|
N/A
|
66
|
MidFirst Bank
|
Oklahoma City
|
$36
|
|
$3.66
|
67
|
TIAA
|
New York City
|
$36
|
|
$4.55
|
68
|
Hancock Whitney
|
Gulfport, Mississippi
|
$36
|
|
$3.71
|
69
|
BankUnited
|
Miami Lakes, Florida
|
$35
|
|
$2.18
|
70
|
Commerce Bancshares
|
Kansas City, Missouri
|
$35
|
|
$6.70
|
71
|
Beal Bank
|
Plano, Texas
|
$32
|
|
N/A
|
72
|
First Interstate BancSystem
|
Billings, Montana
|
$30
|
|
$2.87
|
73
|
United Bank (West Virginia)
|
Charleston, West Virginia
|
$29
|
|
$4.34
|
74
|
First National of Nebraska
|
Omaha, Nebraska
|
$29
|
|
$3.39
|
75
|
Texas Capital Bank
|
Dallas
|
$28
|
|
$3.01
|
76
|
FirstBank Holding Co
|
Lakewood, Colorado
|
$28
|
|
N/A
|
77
|
Simmons Bank
|
Pine Bluff, Arkansas
|
$27
|
|
$2.45
|
78
|
Glacier Bancorp
|
Kalispell, Montana
|
$27
|
|
$3.66
|
79
|
Fulton Financial Corporation
|
Lancaster, Pennsylvania
|
$27
|
|
$2.31
|
80
|
Arvest Bank
|
Bentonville, Arkansas
|
$27
|
|
N/A
|
81
|
BCI Financial Group
|
Miami
|
$26
|
|
N/A
|
82
|
United Community Bank
|
Greenville, South Carolina
|
$26
|
|
$3.42
|
83
|
Ameris Bancorp
|
Atlanta
|
$25
|
|
$2.86
|
84
|
SoFi
|
San Francisco
|
$25
|
|
$9.11
|
85
|
Bank of Hawaii
|
Honolulu
|
$24
|
|
$2.22
|
86
|
First Hawaiian Bank
|
Honolulu
|
$24
|
|
$2.77
|
87
|
Cathay Bank
|
Los Angeles
|
$23
|
|
$2.72
|
88
|
Washington Federal
|
Seattle
|
$22
|
|
$1.98
|
89
|
Home BancShares
|
Conway, Arkansas
|
$22
|
|
$4.74
|
90
|
Customers Bancorp
|
Wyomissing, Pennsylvania
|
$22
|
|
$1.33
|
91
|
Eastern Bank
|
Boston
|
$21
|
|
$2.51
|
92
|
Pacific Premier Bancorp
|
Irvine, California
|
$20
|
|
$2.33
|
93
|
Atlantic Union Bank
|
Richmond, Virginia
|
$20
|
|
$2.25
|
94
|
WSFS Bank
|
Wilmington, Delaware
|
$20
|
|
$2.55
|
95
|
Hope Bancorp
|
Los Angeles
|
$20
|
|
$1.22
|
96
|
Axos Financial
|
Las Vegas
|
$20
|
|
$2.64
|
97
|
Heartland Financial USA
|
Dubuque, Iowa
|
$20
|
|
$1.44
|
98
|
Independent Bank
|
Rockland, Massachusetts
|
$19
|
|
$2.60
|
99
|
First BanCorp
|
San Juan, Puerto Rico
|
$19
|
|
$2.57
|
100
|
Central Bancompany
|
Jefferson City, Missouri
|
$18
|
|
$3.16
|
See also
edit
- ^ In the process of being acquired by Banc of California - closing in 2024.
- ^ Acquired by UBS in June 2023
References
edit