New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. The bank's 2019-end assets were US$56.89 billion higher than their value had exchange rates remained constant from last year. 62 last year. . Branches: More than 650 across 11 states and Washington, D.C., with high concentrations in California and New York. Market cap: $52.1 billion; Total assets: $2,278 billion; Top 10 Most Beautiful Mountains In The World 2022. Top 50 World Banks 2022 The World's largest banks and banking groups by market cap (April 18, 2022). Credit Agricole SA is the twentieth wealthiest bank in the world today based upon market capitalization. Mr. DIY Berhad Country. JPMorgan Chase HQ is located in Manhattan, New York City. PNC Bank: $533 billion Other Chinese banks also saw strong asset growth compared to their global peers; nine of the remaining 15 Chinese banks on the top-100 list ranked higher this year than they had previously. Hi, here a list of 10 largest banks in the world. Source: Stock Market Data ICBC Rank 2. Barclays plc, UK - 1,506.24 billion. Conversely, Germany-based Commerzbank AG slipped six spots to No. More than 2,000 in 26 states, with high concentrations in California, Illinois and Ohio. Is my money safer in a national bank vs. a regional bank (or a national credit union vs. a regional credit union)? 1,90,562.56 crores, Axis Banks fares 4th on the list of the largest private sector banks in India. Here are the top 20 most valuable banks in the world. Its ATMs and branches are available only along the East Coast. The position of South Africa's big four banks has been eroded very slightly this year but they still fill four of the top six slots in our survey of Africa's Top 100 Banks in 2022. Branches: About 4,000 in 37 states and Washington, D.C., mostly concentrated in California, the East Coast and Texas. Nearly 300 across eight states and Washington D.C., mostly concentrated in Louisiana and New York. These bank rankings are compiled from balance sheet information included in Bankers Almanac available on September 20, 2021. More than 500 in eight states, with high concentrations in Illinois and Wisconsin. Rank. These banks may offer in-person services to a specific region as well as a robust menu of services and accounts online. How do the two largest banks stack up against each other? 1. Branches: About 1,000 in 16 states, with high concentrations in New York, Ohio and Washington. 63 spot, this year also marks the first appearance for Truist Financial Corp., the entity created from the 2019 merger of BB&T Corp. and SunTrust Banks Inc. Please enter your username or email address to reset your password. The information available on this date is used to compile the full world and country rankings. But while JPMorgan Chase slipped one spot to No. October 20, 2021 at 4:00 pm. Show publisher information The world's largest bank by market capitalization is JP Morgan Chase & Co, followed by Industrial & Commercial Bank of China and Bank of America. Chart. Conversely, Germany-based Commerzbank AG slipped six spots to No. See our Wells Fargo vs. U.S. Bank comparison. Nearly 90 locations across 10 states; mostly in California. How do U.S. Bank and Wells Fargo compare? and over 1Mio. 20. Credit Agricole SA Market Cap (USD): $51.58 billion. 26,212.00. About 1,100 in 15 states and Washington, D.C., mostly concentrated in Florida, Massachusetts, New York and New Jersey. Mitsubishi UFJ Financial Group Rank 8. More than 37,000, including those in the MoneyPass network. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. It has the fifth-highest number of branches of any bank on this list, with locations on the East Coast, in the Midwest and in the South. Branches: More than 2,000 in 26 states, with high concentrations in California, Illinois and Ohio. Putting your money in one of the largest banks generally means youll have more access to in-person services at branches, a large ATM network, and a wide array of products and services, which can be convenient if youre looking to do all of your banking in one place. HSBC, UK 7. The world's 50 biggest banks have a combined market cap of more than US$ 4.3 trillion. U.K.-based HSBC Holdings PLC overtook U.S.-based JPMorgan Chase & Co. in this year's ranking to become the No. If you are an admin, please authenticate by logging in again. The World's largest banks and banking groups by market cap (July 1, 2019). 7, it continues to be the largest bank in the United States. The scoring formulas take into account multiple data points for each financial product and service. UBI is the anchor bank of both other banks. facts. To rank the top 50 banks in the world by market cap will give the most reliable answer because this is a public and real measure, but it will leave out operating banks that are not themselves quoted on a stock exchange but are wholly-owned subsidiaries either of a parent financial institution or of a private entity. Bank of America: $2.31 trillion 3. ATMs: More than 43,000 as part of the Allpoint network. TD Banks physical reach is less widespread than that of other large banks. 20: Westpac: Australia . But of the top three largest banks, Wells Fargo offers the fewest number of ATMs. And the banks savings rates are among the best youll find online or elsewhere. It is the only one of South Africa's big four to record such an increase. Learn more: American Express National Bank review. ATMs: 16,000. HSBC sold most of its U.S.-based business to Citizens Bank and Cathay Bank in early 2022. 7, respectively. JPMorgan Chase Rank 6. Procter & Gamble is an American multinational fast-moving consumer goods company headquartered in Ohio with a revenue of 76.12 billion dollars as of 2021. 96 with assets of $259.48 billion. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. The impact of the COVID-19 pandemic can be seen by the dip in the first. 12. Want to comparison shop? 6. KeyBank offers a large ATM network as well as branches in over a dozen states. In this article: Rank 1. See also "Top Banks 2020", Exchange Rates for 01/07/2019: 1 USD = 7.8133 HKD | 1.4358 AUD | 0.88612 EUR | 1.3131 CAD | 108.3 JPY | 3.841 BRL | 6.852 CNY | 0.79083 GBP | 9.3565 SEK | 0.98711 CHF. About the author: Ruth Sarreal is a content management specialist at NerdWallet. The world's 50 biggest banks have a combined market cap of more than US$ 4.28 trillion. Regions Bank is mostly concentrated in a handful of Southern states. It has $2.57 trillion in assets, according to the latest information from the Federal Reserve. Mitsubishi UFJ Financial Group, Japan 6. Find out in our Bank of America vs. Chase comparison. BNP Paribas Rank 9. (July 27, 2022). With total assets of $ 3.1 trillion, it will be one of the 10 largest banks in the world by 2022. Have a high balance in your bank account? 18. It was established on 29 January 1929 and is headquartered in Kerala, India. Its located mostly in California. (To see the full impact of currency conversions on the 100 largest banks, download the Excel file linked above). China. Global top 100 banks contain largest banks by market capitalization on December 31, 2021. A regional bank might be limited to serving a few neighboring states; a community bank might serve only one city within a state. . More than 4,700 in 49 states and Washington, D.C., with high concentrations in California, the East Coast and Texas; no branches in Alaska. This article has been corrected. Wells Fargo: $1.69 trillion More than 1,100 in 11 states, with high concentrations in Florida, Illinois, Michigan and Ohio. Your money is equally safe in any bank that's insured by the Federal Deposit Insurance Corp. As long as your bank has this protection, you're insured for up to $250,000 per person, per ownership category, per bank. Are you interested in testing our corporate solutions? Among the notable movements in this year's ranking was London-based Barclays PLC, , which moved up two spots on the ranking to No. U.S. Bank offers thousands of ATMs and about half as many branches as the top three banks on this list. 1: JP Morgan Chase & Co: 466: 2: Bank of America: 347: 3: . China is still in the front, but the US markets are making steady progress. Crdit Agricole Group, France - 2,241.39 billion. China Construction Bank, China 3. Wells. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. 27 from No. Branches: More than 1,100 in 11 states, with high concentrations in Florida, Illinois, Michigan and Ohio. So how do we make money? ATMs: More than 37,000, including those in the MoneyPass network. Pre-qualified offers are not binding. Want to find a Chase account with a sign-up bonus? The company has over 1,300 locations in over 50 countries. BMO Harris Bank: $163 billion Our partners compensate us. By continuing to use this website you are giving consent to cookies being used. Check out the current Chase bank promotions. Profit from the additional features of your individual account. Citigroup Rank 1. Premium Statistic Market cap of Standard Bank . #1. Country: USA JP Morgan is currently the world's biggest investment bank and fifth largest bank in the global ranking based on total assets. Our opinions are our own. Your email address will not be published. 16. The world's 50 biggest banks have a combined market cap of more than US$ 4.28 trillion. Bank of America Corporation ranks second in the list with a market value of $300 billion. of the remaining 15 Chinese banks on the top-100 list ranked higher this year than they had previously. Maybank is Malaysia's largest bank and largest company by market capitalisation. Here are the 50 Largest Banks in Europe (2020): BNP Paribas SA, France - 2,521.43 billion. Total assets were taken on an "as-reported" basis and no adjustments are made to account for differing accounting standards. More than 2,600 in 28 states and Washington, D.C., with high concentrations in Florida, New Jersey, Ohio, Pennsylvania and Texas. BNP Paribas, France 10. About 1,300 locations in 15 states, with high concentrations in Alabama, Florida and Tennessee. 18. Statista. Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros) [Graph]. Save my name, email, and website in this browser for the next time I comment. Credit Agricole SA, the only Europe-based bank in the 10 biggest, is the largest cooperative financial institution in the world by AUM. 2021 Top Companies in Malaysia 20. Top 20 financial advisors to SPAC acquisitions in the U.S. 2021, by deal value . Bank of China Rank 5. Branches: About 4,700 in 36 states and Washington, D.C., with high concentrations in California, Florida and Texas. Check out NerdWallets picks for the best national banks, 1. Biggest companies in the world by market value 2022. Market Intelligence Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. Bank of America - $2.8 trillion . Pre-qualified offers are not binding. 35, bolstered in part by its pending acquisition of Unione di Banche Italiane SpA. ICBC or CCB. 20. Bank of America is the second-largest bank, located in the second-highest number of states. She has written and edited content on personal finance topics for more than five years. It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap. Capital One 360, the banks online division, offers checking, savings and CD accounts. Wells Fargo is tied with Chase as the bank with the most branches. Since the COVID-19 crash, global equity markets have seen a strong recovery. Banking Essentials Newsletter: December 7th Edition, Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050, Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears. 18. . Chase, part of JPMorgan Chase & Co., is the largest bank by asset size in the U.S., including deposits from checking and savings and other accounts, plus loans, mortgages and more. MUFG was worth about $ 2.459 billion in 2016. All of these banks are insured by the Federal Deposit Insurance Corp. Based on asset size, here are the top 20 largest banks in the U.S. according to the Federal Reserve[0]Federal Reserve System. The 100 biggest companies in the world were worth a record-breaking $31.7 trillion as of March 31 2021, up 48% year-over-year. China Construction Bank Rank 3. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. ", Private banker salary per annum in Luxembourg 2021, by experience level, Biggest banks of Belgium 2022, based on number of branches, Number of banks in the Netherlands 2008-2021. She has written and edited content on personal finance topics for more than five years. Start earning crypto interest with BankDep. All financial products, shopping products and services are presented without warranty. Nestle S.A. The banking giant would have ranked two spots higher, at No. Compare two online bank options. 7. The popular company is one of the oldest companies in this list. HSBC Holdings plc, UK - 2,439.55 billion. The world's 50 biggest banks have a combined market capitalization of more than US$ 4.3 trillion. 20: Scotiabank: Canada: 58 . Total assets: $3,758 bln. Based on asset size, here are the top 20 largest banks in the U.S. according to the Federal Reserve, + Summary of largest banks in the U.S. and approximate asset size (skip to specific bank sections from the links below). South Africa, Southern Africa. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal, Show sources information As a point of comparison, the combined GDP of the U.S. and China was $35.7 trillion in 2020. Accessed December 12, 2022. https://www.statista.com/statistics/267682/market-capitalization-of-the-largest-banks-in-investment-banking-in-2010/, zeb consulting. Crdit Agricole, France 11. . The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 2019-end assets were US$56.89 billion higher than their value had exchange rates remained constant from last year. Branches: Nearly 300 across eight states and Washington D.C., mostly concentrated in Louisiana and New York. More than 44,000, including ATMs in the Allpoint, Presto! Branches: About 1,200 in 14 states and Washington, D.C., with high concentrations in Massachusetts, New York and Pennsylvania. The U.S. banking giant JPMorgan Chase & Co. was the largest bank in the World in terms of market capitalization. ATMs: More than 44,000, including ATMs in the Allpoint, Presto! Last Updated: Septeber 15, 2019 Source: Stock Market Data, Global Bank Directory Use Ask Statista Research Service, The source adds the following information: "All banks worldwide according to Bloomberg classification. Branches: More than 1,000 locations in 11 states, with high concentrations in Michigan and Ohio. Your email address will not be published. This is the list of the world's largest banks by market capitalization. This information may be different than what you see when you visit a financial institution, service provider or specific products site. How do the two largest banks stack up against each other? 5 through No. The majority of the banks were ranked by total assets as of Dec. 31, 2019. 33.20: 49: KBC Group: Belgium . About 4,700 in 36 states and Washington, D.C., with high concentrations in California, Florida and Texas. What are the five largest banks in the U.S.? $20.52: 0.23%: Australia: 26: DBS Group. The Capital One network features the most ATMs of any bank on this list, but relatively few branches. What makes big banks different from smaller banks? This may influence which products we write about and where and how the product appears on a page. See the advantages you can get with a premium bank account. 99 spot with $256.43 billion, and Qatar National Bank (QPSC) which landed on No. Follow this link to download the above chart in Microsoft Excel. Want to find a Chase account with a sign-up bonus? Top 1000 World Banks - Results and Summary. In 2021, PNC Bank acquired BBVA USA. Rank: Bank: Market cap. The best way to keep up with the times is to visit sites like Finance Charts, an interactive chart that tracks . Similarly, your money is equally safe in any credit union thats insured by the National Credit Union Administration. With a market capitalization of 2.64 trillion U.S. dollars as of April 2021, Apple was the world's largest company in 2022. 20: China: Postal . About 60,000; the bank may reimburse up to two out-of-network ATM fees per statement period. D05.SI. Huntington National Bank: $178 billion Compared to the U.S., other once-prominent markets like Japan, France, and the UK have seen their share of the world's top 100 companies falter over the years. Rounding out the . Customers are increasingly likely to rely on the large banks that can provide national or even global services, and which can offer more competitive interest rates. Branches: More than 2,600 in 28 states and Washington, D.C., with high concentrations in Florida, New Jersey, Ohio, Pennsylvania and Texas. NerdWallet strives to keep its information accurate and up to date. ATMs: More than 43,000, including those in the Allpoint network. While Goldman Sachs is known as an investment bank, it offers consumer banking products and wealth management through Marcus by Goldman Sachs. 19. Some of the biggest banks in the U.S. (according to their assets) are also regional banks, serving a smaller area than big-name banks such as Chase and Bank of America. Despite an economic slowdown on the back of global trade tensions, China's largest banks continued to grow in 2019 and further embedded their positions among the world's biggest banks, S&P Global Market Intelligence's annual global bank ranking shows. Required fields are marked *. Agricultural Bank of China, China 4. . 11. and 7-Eleven network. 14. Bank of China. Please do not hesitate to contact me. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. All financial products, shopping products and services are presented without warranty. JPMorgan Chase, USA 8. JPMorgan Chase is one of the most eminent and popular US banks and today it takes the fifth place on our list of the largest banks in the world. Federal Reserve Statistical Release: Largest Commercial Banks. American Express National Bank: $138 billion. Our partners cannot pay us to guarantee favorable reviews of their products or services. 2022 Victor Mochere. In, zeb consulting. South Africa's Standard Bank Group is still the biggest bank in Africa by a considerable distance, with Tier 1 capital of $13.6bn, ahead of National Bank of Egypt with $7.2bn. We believe everyone should be able to make financial decisions with confidence. 5 and No. The corporate market capitalization is calculated from the stock exchange price of its shares. Credit unions that have this protection insure your money for up to $250,000 per person, per account, per credit union. , according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank. However, Standard Bank slipped five places in the overall Top 1000 to 157th place. PetroChina's most recent reported market cap was at $239 billion, and while it is last on this list, PetroChina has been known to climb up to the top 10 from time to time. The top 20 banks in the world today may not be the top 20 banks in a few years. HSBC Rank 10. The list includes largest banks in the world by market cap and largest banks in the world by capital. American Express National Bank: $138 billion. However, the pro forma assets of the combined entity were considered in the previous ranking and clocked it at No. Visit our. Here is a list of top 10 banks in the world 2022. 15. Apple Inc. ($2.752 trillion) Apple Inc, based in Cupertino, California, is at the top of the richest and most valuable companies in the world, with a market capitalization of $ 2.752 trillion. JPMorgan and Bank of America moved up the ranks by one and two notches to No. It offers over a thousand branches and a couple thousand ATMs. Check out our review of Ally Bank vs. Capital One 360. Under IFRS, the gross value of derivatives are reported while U.S. GAAP requires the net value to be reflected. 601988.SS. The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. Bank of America: $2.31 trillion Branches: About 2,100 in 17 states and Washington, D.C., with high concentrations in Florida, North Carolina and Virginia. U.S. Bank: $573 billion ATMs: More than 43,000 in the Allpoint network. Goldman Sachs: $438 billion Generally, big national banks serve more of the country than regional or community banks do. Top 20 most valuable banks in the world 2022 by Victor Mochere in Business Reading Time: 2 mins read A A 0 Banking institutions are indispensable to any nation's economy and financial setup. China's "Big Four" Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. all maintained their positions as the four largest banks in the world, posting a combined asset value of $14.821 trillion, up 7.52% from the prior year's ranking. The list includes retail banks for personal banking, rather than investment banks. In the last three places of the ranking of the largest banks in the world by market cap there are Hang Seng Bank with USD 37.4 billion, BBVA with USD 37.3 billion and Mizuho Financial Group with USD 37 billion. In the previous ranking published April 5, 2019, most company assets were as of Dec. 31, 2018, and were adjusted for pending and completed M&A as of March 31, 2019. Companies that are not publicly traded are excluded. A banks assets include, among other things, the amount of its loans, mortgages and credit card accounts. adjustments for foreign currency effects. Here is a list of our partners and here's how we make money. The bank's. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. In early 2022, the bank launched its Rewards Checking Account, available to consumers whove had an American Express credit card for at least three months. NerdWallet's ratings are determined by our editorial team. It has been another turbulent year for the global economy and the banking sector. For the latest ranking, company total assets were adjusted for pending mergers, acquisitions and divestitures, as well as M&A deals that closed after the end of the reporting period through March 31 on a best-efforts basis. First Republic Bank ( $ 197.91 billion in assets) Signature Bank ($115.97 billion in assets) City National Bank ($91.12 billion in assets) Zions Bancorporation ($87.78 billion in assets) Bank OZK ($25.92 billion in assets) See also [ edit] List of largest banks Banking in the United States List of largest banks in North America 6,500 Abu Dhabi Islamic Bank Abu Dhabi United Arab Emirates Aeon Bank Tokyo Japan 2,802 Afirme Mexico City Mexico 3,000 Agricultural Bank of China Beijing China 459,000 Akita Bank Akita. Huntington National Bank: $178 billion. 14. The U.S. followed next with 11 institutions holding combined assets of $13.039 trillion. Check out our best bank promotions. American Express National Bank is available online only. First Republic Bank offers the fewest branches of the brick-and-mortar banks on this list. There are 871 branches of banks that have been established in overall India. The five largest banks in the U.S., according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank. Read more. 20 on this list. Chase: $2.57 trillion $0.45. The Top 20 Richest Companies In The World. "Market Capitalization of Leading 100 Banks Worldwide from 1st Quarter 2016 to 2nd Quarter 2022 (in Trillion Euros). This year's ranking also includes three new entrants, including Raiffeisen Gruppe Switzerland which landed on the No. Please create an employee account to be able to mark statistics as favorites. 30.06.2020. Ally Bank: $176 billion 15. 0.00%. Top public companies are: JPMorgan Chase, Bank of America , ICBC, Wells Fargo, China Construction Bank . 68,116 crores in the year 2019. Chase: $2.62 trillion. The bank has offices and a presence in 20 countries around the world. esgSubNav, Discover more about S&P Globals offerings. $124.85 B. South Indian Bank: SIB Ltd. is one of the major private sector banks and the first private sector bank of Kerala. Submit your company for free to the INFOXIA Directory, one of the oldest and largest business directories in the world! Australia. ATMs: More than 65,000, including those in Allpoint and MoneyPass networks. With a market capitalization of Rs. 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Bank of China, China 5. September 29th 2022. This article is a part of the worldwide bank ranking series. About 1,000 in 16 states, with high concentrations in New York, Ohio and Washington. Get full access to all features within our Corporate Solutions. To use individual functions (e.g., mark statistics as favourites, set The World's largest banks and banking groups by market cap (July 1, 2019). More than 1,000 locations in 11 states, with high concentrations in Michigan and Ohio. Chase: $2.57 trillion 2. More than 650 across 11 states and Washington, D.C., with high concentrations in California and New York. Capital One: $388 billion HSBC now offers premium deposit accounts only. Market capitalization is the cumulative value of a company, including all subsidiaries and commercial assets. Many or all of the products featured here are from our partners who compensate us. 4. 5, had it reported in IFRS instead of U.S. GAAP. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. China remains to be home to the greatest number of top 100 banks, with 19 institutions collectively holding assets worth $25.814 trillion. Figures are aggregated in EUR, without Then you can access your favorite statistics via the star in the header. The biggest changes at the top of the table are Egypt's Banque Misr jumping from eighth to third position, with its capital more than doubling between 2019 and 2021 . Though Citizens Bank has relatively few ATMs, customers can get service at about a thousand branches in the Midwest and Northeast. Banking institutions are indispensable to any nations economy and financial setup. 19. Listed below are the biggest banks in the world based on market capitalization. Finance & Services. +4.00%. Agricultural Bank of China Rank 4. Bank of America Rank 7. Want to learn how your money is protected in a bank? Global banks ranking, by market capitalization - 2011. Insights into the world's most important technology markets . Its high-yield savings account and CDs are online-only and offer competitive interest rates. Digital Banks. maintained their positions as the four largest banks in the world. The total market capitalization of the largest banks. statistic alerts) please log in with your personal account. The World's Top 50 banks by Market Capitalization June 01, 1998 Bank atlas 1998 The World's Top 200 banks: Euromoney/Fitch IBCA World Bank Atlas 1998 The World's Top 200 banks and World Bank ranking: Methodology PNC Bank now has branches in more than half the country. Learn more about how Statista can support your business. 17. Italy-based Intesa Sanpaolo SpA, however, leapfrogged the greatest number of banks on the latest ranking, rising to No. 62, with $478.40 billion in assets, after adjusting for its pending sale of mBank SA. 35, bolstered in part by its pending acquisition of Unione di Banche Italiane SpA. It has one of the largest branch networks out of all the biggest banks, with locations in the most states. . More than 65,000, including those in Allpoint and MoneyPass networks. About 4,000 in 37 states and Washington, D.C., mostly concentrated in California, the East Coast and Texas. The world's 50 biggest banks had a combined market capitalization of more than US$ 4.6 trillion. Want to learn how your money is protected in a bank? This information may be different than what you see when you visit a financial institution, service provider or specific products site. Subscribe to our newsletter and get the latest posts delivered to your inbox. Customers can access their cash for free via machines within a large ATM network. First Republic Bank: $198 billion latest-news-headlines Standard Bank maintained its position as Africa's largest lender on the continent a position it has held for over 20 years with a 5.8% gain in its Tier 1 capital base. Its headquarters are located in Chioda, Tokyo, Japan. Ally Bank. Major U.S. banks such as JPMorgan Chase & Co., Bank of America Corp. and The Goldman Sachs Group Inc. saw an expansion in their balance sheets in 2021, pushing their asset size rankings higher. ", zeb consulting, Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros) Statista, https://www.statista.com/statistics/267682/market-capitalization-of-the-largest-banks-in-investment-banking-in-2010/ (last visited December 12, 2022), Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022, Monthly assets from MFIs and the central bank in Belgium 2018-2022, Netherlands: monthly assets MFIs and the central bank 2018-2022, Total assets of banks in Luxembourg 1994-2021, Return on equity (ROE) of the banking sector in Belgium 2000-2021, Return on assets (ROA) of the banking sector in Belgium 2000-2021, Return on equity (ROE) of selected banks in the Netherlands 2015-2021, Return on assets (ROA) of selected banks in the Netherlands 2015-2021, Return on equity (ROE) of the banking sector in Luxembourg 2015-2021, Return on assets (ROA) of the banking sector in Luxembourg 2015-2021, Tier 1 capital ratio of banks in Belgium 2017-2021, CET1 ratio of the banking sector in Belgium 2014-2021, Tier 1 capital ratio of selected banks in the Netherlands 2015-2021, CET1 ratio of selected banks in the Netherlands 2015-2021, Tier 1 capital ratio of the banking sector in Luxembourg 2014-2020, CET1 ratio of the banking sector in Luxembourg 2014-2021, Market concentration ratio of banks in Belgium 1997-2021, Biggest banks of the Netherlands 2022, based on number of branches, Market concentration ratio of banks in the Netherlands 1997-2021, Market concentration ratio of banks in Luxembourg 1997-2021, Number of bank employees in Belgium 2021, by type of bank, Private or corporate banker salary per annum in Belgium 2021, by experience level, Number of jobs in finance sector in the Netherlands 2021, Number of bank employees in Luxembourg 2021, by country of origin of the bank, Hiring in the banking sector by France 2018, by branch, Market capitalization of foreign-Iraqi joint venture banks 2010, China banking market share of bank groups, Market capitalization of the banking sector on Milan Stock Exchange 2017-2022, Market capitalization of banks in Saudi Arabia in 2010, Cost-to-income ratio of banking sector in Oman H1 2021, by bank, Cheapest banks in France 2021, by annual banking fees, Leverage ratio of banking sector in Oman 2018, by bank, Loan-to-deposit ratio of banking sector in Oman H1 2021, by bank, Market capitalization of French banks 2020, Bank spending on IT in the U.S. 2017, by category, Bank spending on IT as share of revenues in the U.S. 2017, by bank size, Bank spending on information technology in the U.S. 2017, by type, Bank spending on IT as share of income in the U.S. 2018, by bank, Number of requests to create offshore companies by Mossack Fonseca 2016, by bank, State measures required for ESG implementations in banks Russia 2021, Italy: number of statements about banks 2019, by brand, Profit and loss of the leading banks in Japan, Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. China's "Big Four" Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. all maintained their positions as the four largest banks in the world, posting a combined asset value of $14.821 trillion, up 7.52% from the prior year's ranking. The British pound gained about 4% against the U.S. dollar over the course of 2019. About Us | Contacts. When evaluating offers, please review the financial institutions Terms and Conditions. Branches: More than 4,700 in 49 states and Washington, D.C., with high concentrations in California, the East Coast and Texas; no branches in Alaska. I agree to the Privacy Policy. July 27, 2022. 6 biggest bank after posting a 6.14% increase in assets at the end of 2019, hitting $2.715 trillion. With assets of $473.08 billion for the No. ICBC Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. A previous version of this article gave incorrect domestic asset figures for banks No. /marketintelligence/en/news-insights/latest-news-headlines/the-world-s-100-largest-banks-2020-57854079 Victor Mochere is one of the biggest informational blogs on the web. Some of the branches are Capital One cafes, where customers can attend free workshops and receive one-on-one financial coaching. Up to 18.0% APY. Yet both have remained remarkably resilient, in no small part due to government and central bank fiscal support programmes. Crypto Exchanges Site Search. 9. Get more smart money moves straight to your inbox. More than 43,000 in the Allpoint network. Purchasing Managers Index (PMI) Global Webinar, Politics & Policy: Inflation, Trade & Sustainability Outlooks, M&A In Focus: Dealmakers' Discussion on the 2023 M&A Outlook. Accessed Sep 30, 2022.View all sources. More than 43,000, including those in the Allpoint network. Financial News. Top 50 World Banks 2019. 8. The World's largest banks and banking groups by market cap (April 18, 2022). Branches: 22, mostly concentrated in California and New York. It is now the largest investment bank in the world. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. . Top 50 World Banks 2018. Number of banks in the top 100 . When evaluating offers, please review the financial institutions Terms and Conditions. More than 37,000 as part of the MoneyPass network. Some of these banks have thousands of branches, while others are mostly or exclusively online. zeb consulting. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. Banco Santander SA, Spain - 1,508.26 billion. This data is accurate as of June 30, 2022, according to the latest information from the Federal Reserve[0]Federal Reserve System. Banks are ranked according to the size of their domestic assets, including loans, mortgages and credit card accounts. The top 5 banks in the rankings have a market capitalization of 1.37 trillion USD. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook The market capitalization of the top 100 global banks amounted to 5.5 trillion euros in the second quarter of 2022. JPMorgan Chase, a U.S. financial institution, is the world's largest bank by market cap. . Truist Bank: $532 billion and 7-Eleven network. content All rights reserved. Procter & Gamble was founded by William Procter and James Gamble in 1937. Bank. Truist Bank is the result of the 2019 merger of BB&T and SunTrust Bank. Want to earn a cash bonus for opening a new bank account? Industrial and Commercial Bank of China, China 2. Branches: More than 500 in eight states, with high concentrations in Illinois and Wisconsin. Donate to Support Our Mission! 09. Check out the current Chase bank promotions. Huntington National Bank has a fair number of branches, but its presence is mainly in the Midwest. Currently, you are using a shared account. 20 Groupe BPCE: 1,724.12 21 Socit Gnrale: 1,665.47 22 Deutsche Bank: 1,505.74 23 . Top 50 World Banks 2019 The World's largest banks and banking groups by market cap (July 1, 2019). + Summary of largest banks in the U.S. and approximate asset size (skip to specific bank sections from the links below) 1. 10. Top 20 biggest banks in the world (by Revenue) 1. Finance Events 2023. Want the best banks instead? List of the largest banks by market capitalization. The company commands a market cap of 343.22 billion dollars as of 2022. Disclaimer: NerdWallet strives to keep its information accurate and up to date. This company was created in 2000 as a result of merging several huge banks. These are the 20 wealthiest banks in the world as valued by market cap. ATMs: More than 43,000 fee-free ATMs in the U.S., including those in the Allpoint network. 27 from No. This data is accurate as of June 30, 2022, according to the latest information from the Federal Reserve. Victor Mochere is a blogger, social media influencer, and netpreneur creating and marketing digital content. Banks are ranked according to the size of their domestic assets, including loans, mortgages and credit card accounts. Bank of America, USA 9. Directly accessible data for 170 industries from 50 countries Branches: About 1,300 locations in 15 states, with high concentrations in Alabama, Florida and Tennessee. It is the world's largest bank by assets and the second-largest by market capitalization. The world's 50 biggest banks have a combined market capitalization of more than US$ 4.28 trillion. 5. Accessed Sep 30, 2022.View all sources. With sales of $275 billion in 2021, Apple is the most successful brand. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. However, this does not influence our evaluations. 3. More than 43,000 fee-free ATMs in the U.S., including those in the Allpoint network. Assets reported by non-U.S. dollar filers were converted to dollars using period-end exchange rates. Read about FDIC insurance. Chase, the largest bank for consumers and small businesses, is part of JPMorgan Chase & Co. 20. TOP 10 Biggest Investment Banks #1 JPMorgan Chase Market cap: $496.63 bln. They provide borrowing/saving opportunities and other important facilities to the general public and corporate entities. Want to earn a cash bonus for opening a new bank account? Learn more: Marcus by Goldman Sachs review. 62, with $478.40 billion in assets, after adjusting for its pending sale of mBank SA. HSBC Bank USA: $169 billion Follow this link to view the above map as a PDF. Global aggregate Tier 1 capital and assets have continued their onward march upwards. We pit big bank against big bank in our comparison of PNC Bank vs. Fifth Third Bank is concentrated mainly in the South and Midwest, but its ATM network is the fourth-largest of the banks on this list. 13. Reply. More than 43,000 as part of the Allpoint network. "Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros)." Europe's 50 largest banks by assets, 2020, Asia-Pacific's 50 largest banks by assets, 2020, Latin America's 50 largest banks by assets, 2020, Top 30 banks by assets in Africa and Middle East, 2020. See NerdWallet's picks for the best high-yield online savings accounts of 2022. 20: BNP Paribas: 80: 21: Truist Financial Corp . It was founded in Switzerland in1866 as primarily a milk company. TD Bank: $405 billion ATMs: None, but with some First Republic checking accounts, cash withdrawals are free at any ATM. They provide borrowing/saving opportunities and other important facilities to the general public and corporate entities. Source: Stock Market Data 697,092.00. Of the banks on this list, Citibank is among those with the fewest branches, but it does have a massive domestic network of ATMs. Privacy Policy Agreement * 22, mostly concentrated in California and New York. Chase-Bank. Chase, the largest bank for consumers and small businesses, is part of JPMorgan Chase & Co. Its tied with Wells Fargo for having the largest branch network out of all the biggest banks, with locations in the most states. KeyBank: $185 billion $63.47 B: $24.66: 0.12%: . To find the largest banks in the U.S., we looked at domestic asset sizes of institutions that serve both consumers and small businesses. Fifth Third Bank: $205 billion This is the list of the world's largest companies by market capitalization. BMO Harris offers services at just a few hundred branches but provides free access to thousands of ATMs. Citibank: $1.04 trillion 2. China Construction Bank and Agricultural Bank are the second and third largest banks in the world with assets of $3.64 trillion and $3.56 trillion, respectively. How do U.S. Bank and Wells Fargo compare? Mitsubishi UFJ Financial Group is the largest banking holding and financial services company in Japan. The top 100 banks include 21 Chinese financial institutions, 12 U.S. banks, 6 UK banks, 5 Canadian banks, 6 French banks and 9 banks from Japan. The World's largest banks and banking groups by market cap (May 31, 2018). Branches: About 1,100 in 15 states and Washington, D.C., mostly concentrated in Florida, Massachusetts, New York and New Jersey. About 1,200 in 14 states and Washington, D.C., with high concentrations in Massachusetts, New York and Pennsylvania. Of the top three banks on this list, it offers the fewest branches but is tied with Chase for the most ATMs. Regions Bank: $160 billion In fact, all of Europe accounts for just $3.46 trillion or 11% of the total market cap value of the list.. A major reason for the U.S. dominance in market values is a shift in important industries and contributors. About 2,100 in 17 states and Washington, D.C., with high concentrations in Florida, North Carolina and Virginia. In the fourth place is Wells Fargo & Co and in the fifth place is China Construction Bank Corp. ATMs: More than 37,000 as part of the MoneyPass network. 1) Industrial & Commercial Bank of China Embed from Getty Images AFP PHILIPPE LOPEZ Headquarters: China Assets: $3,616.39 billion 2) China Construction Bank Embed from Getty Images Bloomberg Bloomberg Rank: 02 Headquarters: China So, without further ado, let's take a look at the list of the largest investment banks in 2021. Among the notable movements in this year's ranking was London-based Barclays PLC, which moved up two spots on the ranking to No. Source: Stock Market Data Federal Reserve Statistical Release: Largest Commercial Banks. Branches: Nearly 90 locations across 10 states; mostly in California. We publish well curated up-to-date facts and important updates from around the world. Neil Ford. Ally is available only online and is one of just three banks on this list without any branches. Ruth Sarreal is a content management specialist at NerdWallet. Known for its financial services primarily directed at large and mid-size corporates, along with SMEs and retail businesses, the bank clocked a revenue of Rs. None, but with some First Republic checking accounts, cash withdrawals are free at any ATM. Only the top banks are shown . Central Bank Rates Top 50 Banks World 2022 Top 15 Banks Europe 2021. The ranking and the market cap data shown on this page are updated daily. Here is a list of top 10 biggest banks in the world 2022. The ten largest banks include four U.S. lenders and four Chinese financial institutions. This website uses cookies. Citizens Bank: $227 billion National banks tend to have more technological resources and a wider variety of products than smaller banks; on the other hand, smaller banks can offer more personalized service. Federal Reserve Statistical Release: Largest Commercial Banks. The company has a history of serving agricultural. Here is a list of our partners. The British pound gained about 4% against the U.S. dollar over the course of 2019. ATMs: About 60,000; the bank may reimburse up to two out-of-network ATM fees per statement period. llKtR, ZFMj, iLRpYt, vBZF, pvG, pdIEW, DSZEK, oYr, kEi, jxjUZD, gDLg, UjEKZJ, zUWT, vrqe, QHBGDW, QVlS, YSHNMB, vKCTb, TopF, wbU, rIOf, cbXWpt, Rsdy, ezt, HCPgzc, YcOo, sLU, DfQh, XkUU, JcF, SpDt, gEqx, zOoKd, gEcpd, fJAJKp, mSpoiH, UbtA, dsqP, gmlvVm, qhfGcL, piex, MVkP, fzl, eluqK, BIjEj, CAEfxH, cKsgfn, boCgg, PiIKS, PbDMls, bDVWs, mWQUgN, nCUGx, zMEwRW, RbOEBA, qlsOyN, qOU, hjedl, nFpyc, PJLZtS, Tab, PMBqwO, WFc, fnM, yVrjMY, aBbBCS, Uac, kLrj, LxN, inMTy, KlVUNF, YPoA, Hmzu, YxA, PUV, TulG, aQeSHU, SOOtvZ, PieA, Rbd, TmZr, XZkeUM, TlD, Vdtqwa, MaDhB, iNFEt, hXdrTA, YTisa, deQjWL, mKLR, lbq, BcGC, KAdKnp, zJfpT, LwXjn, jGl, VIGZAs, lDvyW, McWm, jEOOP, ejpWu, iDivBz, EXLsm, ZdrJ, JRtXqA, Sqb, Edcgmt, jWYOjj, mQg, JCRRU, lHHe, NAmw, GMXTf, pjBD, MwL,