A lot of things happen in the last year, that changes the rank of the biggest banks in Europe. Some of these companies have become larger compared to last year, other have become smaller. This work will not focus on the analysis of what’s happen in the banking market, but will focus on the realization of the ranking of European banks in 2020, by market capitalization. As we know, 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.
The data used in the ranking of European banks by market capitalization have been collected from the main financial sites on 18/02/2020. 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. Let’s see now the rank of the biggest banks in Europe in 2020.
In the ranking of the 23 largest banks in the Eurozone by market capitalization for 2020, there are five Spanish banks, five Italian banks, five French banks, two Irish banks, two German banks, two Austrian banks, two Dutch banks and one Belgian bank.
The largest bank in the Eurozone is BPN Paribas with a market cap of 67.6 billion Euro. Second place is occupied by Banco Santander with 65.7 billion Euro and third place by Intesa Sanpaolo with 44.4 billion Euro. In fourth place is ING Group with 41.6 billion Euro, followed by Credit Agricole Group with 39.3 billion Euro.
| Rank | Bank | Market cap | Country |
| 1 | BNP Paribas | 67,6 | France |
| 2 | Banco Santander | 65,7 | Spain |
| 3 | Intesa Sanpaolo | 44,4 | Italy |
| 4 | ING Group | 41,6 | Holland |
| 5 | Credit Agricole Group | 39,3 | France |
| 6 | BBVA | 34,4 | Spain |
| 7 | UniCredit S.p.A. | 31,6 | Italy |
| 8 | KBC Group NV | 30,2 | Belgium |
| 9 | Societe Generale | 26,8 | France |
| 10 | Deutsche Bank | 21,1 | Germany |
| 11 | CaixaBank | 16,8 | Spain |
| 12 | Erste Group Bank AG | 14,5 | Austria |
| 13 | ABN AMRO Group | 14,2 | Holland |
| 14 | Commerzbank AG | 8,5 | Germany |
| 15 | Raiffeisen Bank International | 7,4 | Austria |
| 16 | Allied Irish Banks | 6,4 | Ireland |
| 17 | Bankia | 5,3 | Spain |
| 18 | Banco Sabadell | 4,8 | Spain |
| 19 | Bank of Ireland | 4,4 | Ireland |
| 20 | UBI Banca | 4,0 | Italy |
| 21 | Banco Bpm SpA | 3,5 | Italy |
| 22 | Groupe BPCE | 3,2 | France |
| 23 | Banca Monte dei Paschi di Siena | 2,1 | Italy |
In the last three places of the ranking there are: Banco Bpm Spa with a market cap of 3.5 billion Euro, followed by Groupe BPCE with 3.2 billion Euro and Banca Monte dei Paschi di Siena with 2.1 billion Euro.