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 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$)[6]
1 JPMorgan Chase New York City $3,898 12.0 $430.973
2 Bank of America Charlotte, North Carolina $3,153 10.4 $252.05
3 Citigroup New York City $2,368 11.5 $91.89
4 Wells Fargo San Francisco, California $1,909 9.2 $167.58
5 Goldman Sachs New York City $1,577 13.3 $118.10
6 Morgan Stanley New York City $1,169 13.3 $151.00
7 U.S. Bancorp Minneapolis, Minnesota $668 7.0 $59.65
8 PNC Financial Services Pittsburgh, Pennsylvania $557 7.4 $53.78
9 Truist Financial Charlotte, North Carolina $542 7.0 $43.53
10 TD Bank, N.A. Cherry Hill, New Jersey $511 7.0 $119.26
11 Charles Schwab Corporation Westlake, Texas $475 7.0 $119.56
12 Capital One McLean, Virginia $471 7.6 $44.23
13 The Bank of New York Mellon New York City $405 8.5 $35.03
14 BMO USA Chicago, Illinois $291 7.9 $65.43
15 State Street Corporation Boston, Massachusetts $284 8.0 $23.93
16 American Express New York City $250 7.0 $124.20
17 Citizens Financial Group Providence, Rhode Island $225 7.9 $14.85
18 HSBC Bank USA New York City $224 10.9 $165.28
19 First Citizens BancShares Raleigh, North Carolina $213 $20.32
20 Fifth Third Bank Cincinnati, Ohio $212 7.0 $19.42
21 M&T Bank Buffalo, New York $209 9.2 $22.71
22 USAA San Antonio, Texas $208 N/A
23 UBS New York City $196 9.3 $71.44
24 Ally Financial Detroit, Michigan $195 7.0 $9.00
25 KeyCorp Cleveland, Ohio $187 7.0 $11.02
26 Huntington Bancshares Columbus, Ohio $186 7.8 $17.52
27 Barclays New York City $180 8.8 $31.18
28 RBC Bank Toronto, Ontario $169 7.9 $135.63
29 Santander Bank Boston, Massachusetts $165 8.2 $63.69
30 Ameriprise Minneapolis, Minnesota $165 $35.80
31 Regions Financial Corporation Birmingham, Alabama $154 7.0 $18.97
32 Northern Trust Chicago, Illinois $146 7.0 $16.33
33 Discover Financial Riverwoods, Illinois $143 7.0 $26.90
34 Synchrony Financial Stamford, Connecticut $112 $14.82
35 New York Community Bank Hicksville, New York $111 $8.82
36 Deutsche Bank New York City $110 9.0 $23.53
37 Comerica Dallas, Texas $85 $6.85
38 First Horizon National Corporation Memphis, Tennessee $82 $7.37
39 Raymond James Financial St. Petersburg, Florida $78 $23.42
40 Webster Bank Stamford, Connecticut $73 $7.98
41 Mizuho Financial Group New York City $72 $40.78
42 Western Alliance Bancorporation Phoenix, Arizona $70 $5.48
43 Popular, Inc. San Juan, Puerto Rico $69 $4.95
44 CIBC Bank USA Chicago, Illinois $69 $40.58
45 East West Bank Pasadena, California $68 $8.48
46 Valley Bank Wayne, New Jersey $61 $4.94
47 Synovus Columbus, Georgia $59 $4.78
48 John Deere Reno, Nevada $59 $4.34
49 BNP Paribas New York City $58 9.6 $73.15
50 Wintrust Financial Rosemont, Illinois $55 $5.14
51 Columbia Bank Tacoma, Washington $51 $4.64
52 Old National Bank Evansville, Indiana $49 $4.61
53 BOK Financial Corporation Tulsa, Oklahoma $48 $6.10
54 Cullen/Frost Bankers, Inc. San Antonio, Texas $48 $7.53
55 Pinnacle Financial Partners Nashville, Tennessee $47 $5.63
56 FNB Corporation Pittsburgh, Pennsylvania $45 $4.55
57 South State Bank Winter Haven, Florida $44 $5.76
58 MUFG Americas Holdings Corporation New York City $44 N/A
59 Associated Banc-Corp Green Bay, Wisconsin $41 $2.79
60 UMB Financial Corporation Kansas City, Missouri $41 $3.39
61 Prosperity Bancshares Houston, Texas $39 $5.83
62 Stifel St. Louis, Missouri $37 $6.92
63 Sumitomo Mitsui Banking Corporation New York City $37 N/A
64 PacWest Bancorp[a] Los Angeles, California $36 $1.08
65 Midland Oklahoma City, Oklahoma $36 $3.66
66 Hancock Whitney Gulfport, Mississippi $36 $3.71
67 BankUnited Miami Lakes, Florida $35 $2.18
68 EverBank Jacksonville, Florida $34 $4.55
69 Beal Bank Plano, Texas $31 N/A
70 Commerce Bancshares Kansas City, Missouri $31 $6.70
71 Credit Suisse[b] New York City $31 13.5 N/A
72 First Interstate BancSystem Billings, Montana $30 $2.87
73 First National of Nebraska Omaha, Nebraska $30 $3.39
74 Texas Capital Bank Dallas, Texas $29 $3.01
75 United Bank (West Virginia) Charleston, West Virginia $29 $4.34
76 FirstBank Holding Co Lakewood, Colorado $28 N/A
77 Glacier Bancorp Kalispell, Montana $28 $3.66
78 SoFi San Francisco, California $27 $9.11
79 Simmons Bank Pine Bluff, Arkansas $27 $2.45
80 Arvest Bank Bentonville, Arkansas $27 N/A
81 Fulton Financial Corporation Lancaster, Pennsylvania $27 $2.31
82 United Community Bank Greenville, South Carolina $26 $3.42
83 BCI Financial Group Miami, Florida $26 N/A
84 Ameris Bancorp Atlanta, Georgia $25 $2.86
85 First Hawaiian Bank Honolulu, Hawaii $24 $2.77
86 Bank of Hawaii Honolulu, Hawaii $23 $2.22
87 Cathay Bank Los Angeles, California $22 $2.72
88 WAFD Seattle, Washington $22 $1.98
89 Home BancShares Conway, Arkansas $21 $4.74
90 Customers Bancorp Wyomissing, Pennsylvania $21 $1.33
91 Eastern Bank Boston, Massachusetts $21 $2.51
92 Axos Financial Las Vegas, Nevada $20 $2.64
93 Atlantic Union Bank Richmond, Virginia $20 $2.25
94 Pacific Premier Bancorp Irvine, California $20 $2.33
95 HTLF Bank Denver, Colorado $20 $1.44
96 Hope Bancorp Los Angeles, California $20 $1.22
97 WSFS Bank Wilmington, Delaware $20 $2.55
98 Independent Bank Rockland, Massachusetts $18 $2.60
99 Pinnacle Bank Omaha, Nebraska $18 $3.16
100 First BanCorp San Juan, Puerto Rico $18 $2.57
  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.


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