The 56 largest banks in the US by total assets

US banks play an important role in the global economy and finance. Given their importance, in this work with be presented the ranking of US banks by total assets, which is one of the most widely used indicators for the comparison of banks. The total assets are defined as resources owned by the bank from which future economic benefits are expected to be generated. They are the sum of non-current and current assets, and this total should equal the sum of stockholders’ equity and total liabilities combined. After this brief introduction, let’s see now the list of the largest banks in the US.

The first place in the ranking of US banks by total assets is occupied by JP Morgan Chase & Co., which is also the largest in terms of deposits and market capitalization. In second place it is Bank of America Corp, followed by Citigroup Inc., Wells Fargo & Co and Goldman Sachs. The last five places are occupied by Synovus Financial Corp, First Citizens Bancshares, TCF Financial Corporation, BOK Financial Corp and Mizuho Americas.

1JPMorgan Chase3.689
2Bank of America Corp2.969
3Citigroup Inc2.314
4Wells Fargo & Co1.959
5Goldman Sachs1.302
6Morgan Stanley1.159
7Charles Schwab563
8U.S. Bancorp553
9TD Group US Holding518
10Truist Financial Corporation517
11PNC Financial Services474
12Bank of New York Mellon465
13Capital One Financial Corp425
14State Street Corporation317
15HSBC North America248
16United Services Automobile Assoc212
17Fifth Third Bancorp207
18BMO Financial Corp194
19American Express Company193
20Citizens Financial Group188
21UBS Americas Holding183
22Ally Financial182
24MUFG Americas Holdings170
25Barclays US LLC169
26Ameriprise Financial166
27Northern Trust Corporation164
28First Republic Bank156
29Regions Financial Corp153
30RBC US Group Holdings151
31M&T Bank Corp150
32BNP Paribas USA147
33Santander Holdings USA147
34SVB Financial Group142
35Huntington Bancshares126
36Credit Suisse Holdings, USA120
37Discover Financial Services114
38DB USA Corporation110
39BBVA Compass Bancshares104
40Synchrony Financial86
41First Horizon National Corp87
42Comerica Inc86
43Signature Bank85
44Zions Bancorporation N.A.85
45Popular, Inc69
46People’s United Financial64
47New York Community Bancorp58
48CIBC Bancorp USA57
49East West Bancorp57
50Raymond James Financial56
51CIT Group56
52Synovus Financial Corp55
53First Citizens Bancshares54
54TCF Financial Corporation49
55BOK Financial Corp48
56Mizuho Americas47

The data used in the ranking of US banks by total assets were collected in the main financial sites, are expressed in billions of USD and refer to 31/03/2021.

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