Eurozone’s Top Banks by market cap

Most of the European Union’s banks have fallen in the stock market compared to last year, consequently, their market capitalization also continued to fall.

There are several factors that have led to these negative results of the banks in Eurozone, but they will not be analysed in this work, which will be focused on the realization of the ranking of 25 largest banks by market cap in European Union.

Market capitalization is just the market value of a company’s outstanding shares. This indicator is found by taking the stock price and multiplying it by the total number of shares outstanding.

In the ranking of the 25 largest banks in the Eurozone by market capitalization for 2019, there are five Spanish banks, five Italian banks, five French banks, two Irish banks, two German banks, two Belgian banks, two Austrian banks and two Dutch banks.

The largest bank in the Eurozone is Banco Santander with a market capitalization of 68.5 billion Euro. The second place is occupied by BNP Paribas with 56.1 billion Euro and the third place by ING Group with 40.8 billion Euro.

In the fourth place is Intesa Sanpaolo, an Italian bank, with 38.5 billion Euro followed by Credit Agricole Group and BBVA. Unicredit occupies the seventh place with a market capitalization of 25 billion Euro.

In the last three places of the ranking there are three Italian banks, UBI Banca with a market capitalisation of 3 billion Euro, followed by Banco Bpm Spa with 2.5 billion Euro and Banca Monte dei Paschi di Siena with 1.3 billion Euro.

The data used in the ranking of Eurozone’s banks by market capitalization have been collected from the main financial sites on May 2019. The market cap is expressed in billions of euros. In the rank are included only the banks for which there were public information about this indicator.

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