The rank of the largest banks in the world by market cap

The role of the banks in the global economy is very important. Their performances in the stock markets influence directly and indirectly, not only the trend of the stock exchanges, but influence the entire economy of a country and also the wealth of individual savers.

The size of a bank can be measured with several indicators, one of which is the market capitalization, which is given by the product between total shares and the market price. In this article, we are going to present the ranking of the biggest banks in the world by market capitalization. Let’s now see which are the largest banks in the world in 2019.

The rank of the top 50 largest banks in the world by market capitalisation include: 10 US banks, 8 Chinese banks, 5 Canadian banks, 5 UK banks, 4 Australian banks, 3 French banks, 3 Japanese banks, 2 Brazilian banks, 2 Spanish banks, 2 Italian banks, 2 Swiss banks, 1 German bank, 1 Dutch bank, 1 Swedish bank and 1 Belgian bank.

The world’s largest bank by market capitalization is JP Morgan Chase & Co, followed by Industrial & Commercial Bank of China and Bank of America. In the fourth place is Wells Fargo & Co and in the fifth place is China Construction Bank Corp. The top 5 banks in the rankings have a market capitalization of 1.37 trillion USD.

In the last three places of the ranking of the largest Us banks by assets there are Unicredit with 27 billion USD, Société Générale with 21 billion USD and Deutsche Bank with 16 billion USD.

RankNameMarket Cap.Country
1JP Morgan Chase & Co369USA
2Industrial & Commercial Bank of China296China
3Bank of America280USA
4Wells Fargo & Co214USA
5China Construction Bank Corp.208China
6Agricultural Bank of China181China
7HSBC Holdings169UK
8Citigroup164USA
9Bank of China151China
10China Merchants Bank133China
11Royal Bank of Canada114Canada
12Toronto-Dominion Bank107Canada
13Commonwealth Bank of Australia100Australia
14Itau Unibanco Holding SA86Brazil
15U.S. Bancorp84USA
16Goldman Sachs79USA
17Banco Santander75Spain
18Banco Bradesco75Brazil
19Morgan Stanley74USA
20Westpac68Australia
21Mitsubishi UFJ Financial Group66Japan
22Bank of Nova Scotia65Canada
23PNC Financial Services Group63USA
24Bank of Communications62China
25BNP Paribas59France
26ANZ Banking Group55Australia
27National Australia Bank52Australia
28Lloyds Banking Group51UK
29Sumitomo Mitsui Financial Group50Japan
30Bank of Montreal48Canada
31UBS46Switzerland
32ING Group45Netherlands
33Capital One43USA
34Bank of New York Mellon43USA
35China Minsheng Banking Corp.39China
36China CITIC Bank38China
37Banco Bilbao Vizcaya Argentaria37Spain
38Mizuho Financial Group37Japan
39Intesa Sanpaolo37Italy
40Credit Agricole35France
41Canadian Imperial Bank of Commerce35Canada
42Royal Bank of Scotland34UK
43Barclays33UK
44Credit Suisse Group31Switzerland
45Nordea Bank30Sweden
46Standard Chartered29UK
47KBC Group27Belgium
48UniCredit27Italy
49Societe Generale21France
50Deutsche Bank16Germany

The data used in this work have been collected from the main financial sites. For all of the banks, the market cap refers to July 2019 and are expressed in billions of USD.

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