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 June 30, 2023 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.

As of March 31, 2023, there were 4,096 commercial banks and 576 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.7 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[lower-alpha 1] 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[lower-alpha 2] 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

Notes
  1. In the process of being acquired by Banc of California - closing in 2024.
  2. Acquired by UBS in June 2023

References
  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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