Bank information

Banks List in United States | How many banks are in the u.s. 2023-2022

There are thousands of banks operating in the United States, with a wide range of sizes and services offered. The largest banks in the country are known as “megabanks,” with assets totaling in the trillions of dollars, while smaller banks may have assets in the millions or even thousands of dollars. In addition to traditional brick-and-mortar banks, there are also a growing number of online and mobile-only banks. Despite a decline in the number of banks in recent years due to consolidation, the banking industry remains a vital part of the U.S. economy and continues to play an important role in the financial lives of individuals and businesses.

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Banks List in United States

Rank Bank name Headquarters location Total assets
(billions of US$)[2]
Market capitalization
(billions of US$)[3]
1 JPMorgan Chase New York City, New York $3,841 $488.47
2 Bank of America Charlotte, North Carolina $3,111 $325.33
3 Citigroup New York City, New York $2,380 $123.94
4 Wells Fargo San Francisco, California $1,881 $197.00
5 Goldman Sachs New York City, New York $1,601 $100.70
6 Morgan Stanley New York City, New York $1,173 $182
7 Charles Schwab Corporation Westlake, Texas $637 $105.62
8 U.S. Bancorp Minneapolis, Minnesota $591 $85.07
9 Truist Financial Charlotte, North Carolina $545 $84.69
10 PNC Financial Services Pittsburgh, Pennsylvania $541 $85.08
11 TD Bank, N.A. Cherry Hill, New Jersey $516 N/A
12 The Bank of New York Mellon New York City, New York $452 $36.66
13 Capital One McLean, Virginia $440 $45.71
14 State Street Corporation Boston, Massachusetts $300 $25.65
15 HSBC Bank USA New York City, New York $227 N/A
16 Citizens Financial Group Providence, Rhode Island $227 $15.83
17 SVB Financial Group Santa Clara, California $214 $26.65
18 UBS New York City, New York $212 $53.83
19 Fifth Third Bank Cincinnati, Ohio $206 $21.21
20 USAA San Antonio, Texas $205 N/A
21 American Express New York City, New York $205 $93.52
22 M&T Bank Buffalo, New York $204 $17.61
23 BMO Harris Bank Chicago, Illinois $192 N/A
24 KeyCorp Cleveland, Ohio $187 $17.04
25 Ally Financial Detroit, Michigan $185 $14.49
26 Huntington Bancshares Columbus, Ohio $178 N/A
27 Barclays New York City, New York $174 N/A
28 Santander Bank Boston, Massachusetts $165 N/A
29 RBC Bank Toronto, Ontario $162 N/A
30 Regions Financial Corporation Birmingham, Alabama $160 $17.05
31 Ameriprise Minneapolis, Minnesota $158 $22.66
32 Northern Trust Chicago, Illinois $157 $19.50
33 Union Bank New York City, New York $152 N/A
34 BNP Paribas / Bank of the West San Francisco, California $146 N/A
35 Deutsche Bank New York City, New York $118 N/A
36 Discover Financial Riverwoods, Illinois $114 $26.65
37 First Citizens BancShares Raleigh, North Carolina $107 $5.92
38 Synchrony Financial Stamford, Connecticut $95 $20.66
39 Credit Suisse New York City, New York $91 N/A
40 Comerica Dallas, Texas $87 $8.3
41 Raymond James Financial St. Petersburg, Florida $86 $13.58
42 First Horizon National Corporation Memphis, Tennessee $85 $7.78
43 Popular, Inc. San Juan, Puerto Rico $71 $4.85
44 Webster Bank Stamford, Connecticut $67 $4.54
45 Western Alliance Bank Phoenix, Arizona $66 $7.01
46 CIBC Bank USA Chicago, Illinois $65 N/A
47 New York Community Bank Westbury, New York $88.4 $9.3
48 East West Bank Pasadena, California $62 $8.61
49 Synovus Columbus, Georgia $57 $5.59
50 Valley National Bank Wayne, New Jersey $54 $4.34
51 Cullen/Frost Bankers, Inc. San Antonio, Texas $51 N/A
52 Wintrust Financial Rosemont, Illinois $50 $3.63
53 Mizuho Financial Group New York City, New York $49 N/A
54 South State Bank Winter Haven, Florida $46 $4.34
55 John Deere Capital Corporation Reno, Nevada $45 $4.34
56 Old National Bank Evansville, Indiana $45 $2.90
57 BOK Financial Corporation Tulsa, Oklahoma $45 $5.41
58 FNB Corporation Pittsburgh, Pennsylvania $41 $3.30
59 PacWest Bancorp Los Angeles, California $40 $3.66
60 Pinnacle Financial Partners Nashville, Tennessee $40 $5.54
61 TIAA New York City, New York $38 N/A
62 UMB Financial Corporation Kansas City, Missouri $37 $3.46
63 Prosperity Bancshares Houston, Texas $37 $6.34
64 Associated Banc-Corp Green Bay, Wisconsin $37 $2.89
65 BankUnited Miami Lakes, Florida $36 $3.32
66 Stifel St. Louis, Missouri $36 $5.30
67 Hancock Whitney Gulfport, Mississippi $34 $3.16
68 Commerce Bancshares Kansas City, Missouri $33 $8.20
69 MidFirst Bank Oklahoma City, Oklahoma $33 $3.66
70 Texas Capital Bank Dallas, Texas $32 $3.21
71 First Interstate BancSystem Billings, Montana $32 $4.4
72 Umpqua Holdings Corporation Portland, Oregon $30 $3.41
73 Sumitomo Mitsui Banking Corporation New York City, New York $28 N/A
74 United Bank (West Virginia) Charleston, West Virginia $28 $4.35
75 FirstBank Holding Co Lakewood, Colorado $28 N/A
76 Simmons Bank Pine Bluff, Arkansas $27 $2.79
77 Glacier Bancorp Kalispell, Montana $26 $6
78 Arvest Bank Bentonville, Arkansas $26 N/A
79 First National of Nebraska Omaha, Nebraska $25

How many banks are in the u.s. 2023 2022
How many banks are in the u.s. 2023 2022
80 First Hawaiian Bank Honolulu, Hawaii $25 $3.13
81 Fulton Financial Corporation Lancaster, Pennsylvania $25 $2.31
82 Flagstar Bank Troy, Michigan $24 $2.48
83 Home BancShares Conway, Arkansas $24 $5
84 United Community Bank Greenville, South Carolina $24 $4
85 Ameris Bancorp Atlanta, Georgia $23 $3
86 Bank of Hawaii Honolulu, Hawaii $23 $3.24
87 BCI Financial Group Miami, Florida $23 N/A
88 Eastern Bank Boston, Massachusetts $22 $4
89 Pacific Premier Bancorp Irvine, California $21 $3
90 Cathay Bank Los Angeles, California $21 $2.88
91 Columbia Bank Tacoma, Washington $20 $2
92 WSFS Bank Wilmington, Delaware $20 $3
93 Customers Bancorp Wyomissing, Pennsylvania $20 $1
94 Washington Federal Seattle, Washington $20 $2.11
95 Independent Bank Grand Rapids, Michigan $19 $3.5
96 Atlantic Union Bank Richmond, Virginia $19 N/A
97 Heartland Financial USA Dubuque, Iowa $19 $1.9
98 Central Bancompany Jefferson City, Missouri $19 $2.8
99 First BanCorp San Juan, Puerto Rico $19 $2.98
100 Mechanics Bank Dallas, Texas $18 N/A

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