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.
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 |
|
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 |