2. 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 More than 37,000, including those in the MoneyPass network. BMO Harris Bank: $163 billion 68,116 crores in the year 2019. Check out our review of Ally Bank vs. Capital One 360. JPMorgan Chase, a U.S. financial institution, is the world's largest bank by market cap. Here is a list of top 10 biggest banks in the world 2022. The list includes retail banks for personal banking, rather than investment banks. All rights reserved. Truist Bank: $532 billion Citibank: $1.04 trillion Is my money safer in a national bank vs. a regional bank (or a national credit union vs. a regional credit union)? Some of these banks have thousands of branches, while others are mostly or exclusively online. More than 2,000 in 26 states, with high concentrations in California, Illinois and Ohio. Want to find a Chase account with a sign-up bonus? Victor Mochere is one of the biggest informational blogs on the web. 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. So, without further ado, let's take a look at the list of the largest investment banks in 2021. Finance & Services. Citigroup Rank 1. Branches: Nearly 90 locations across 10 states; mostly in California. Ally Bank. Its high-yield savings account and CDs are online-only and offer competitive interest rates. Donate to Support Our Mission! NerdWallet strives to keep its information accurate and up to date. Branches: More than 1,000 locations in 11 states, with high concentrations in Michigan and Ohio. 18. ATMs: None, but with some First Republic checking accounts, cash withdrawals are free at any ATM. 5 through No. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. Wells. Branches: About 4,700 in 36 states and Washington, D.C., with high concentrations in California, Florida and Texas. Branches: About 1,300 locations in 15 states, with high concentrations in Alabama, Florida and Tennessee. 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. Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros) [Graph]. The ten largest banks include four U.S. lenders and four Chinese financial institutions. Branches: About 2,100 in 17 states and Washington, D.C., with high concentrations in Florida, North Carolina and Virginia. Required fields are marked *. These banks may offer in-person services to a specific region as well as a robust menu of services and accounts online. About 1,100 in 15 states and Washington, D.C., mostly concentrated in Florida, Massachusetts, New York and New Jersey. 2019-end assets were US$56.89 billion higher than their value had exchange rates remained constant from last year. 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: About 1,000 in 16 states, with high concentrations in New York, Ohio and Washington. Up to 18.0% APY. 20. Banco Santander SA, Spain - 1,508.26 billion. The World's largest banks and banking groups by market cap (July 1, 2019). $124.85 B. Read more. However, this does not influence our evaluations. The top 5 banks in the rankings have a market capitalization of 1.37 trillion USD. Credit Agricole SA is the twentieth wealthiest bank in the world today based upon market capitalization. Chase: $2.57 trillion U.S. Bank offers thousands of ATMs and about half as many branches as the top three banks on this list. I agree to the Privacy Policy. content More than 43,000, including those in the Allpoint network. esgSubNav, Discover more about S&P Globals offerings. The U.S. followed next with 11 institutions holding combined assets of $13.039 trillion. This year's ranking also includes three new entrants, including Raiffeisen Gruppe Switzerland which landed on the No. latest-news-headlines 14. How do U.S. Bank and Wells Fargo compare? 62, with $478.40 billion in assets, after adjusting for its pending sale of mBank SA. 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. The British pound gained about 4% against the U.S. dollar over the course of 2019. Industrial and Commercial Bank of China, China 2. Maybank is Malaysia's largest bank and largest company by market capitalisation. This data is accurate as of June 30, 2022, according to the latest information from the Federal Reserve. Chase-Bank. ATMs: More than 43,000 fee-free ATMs in the U.S., including those in the Allpoint network. The top 20 banks in the world today may not be the top 20 banks in a few years. 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. We pit big bank against big bank in our comparison of PNC Bank vs. More than 37,000 as part of the MoneyPass network. The information available on this date is used to compile the full world and country rankings. Currently, you are using a shared account. 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. Check out the current Chase bank promotions. Regions Bank is mostly concentrated in a handful of Southern states. So how do we make money? 15. 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. They provide borrowing/saving opportunities and other important facilities to the general public and corporate entities. Branches: More than 1,100 in 11 states, with high concentrations in Florida, Illinois, Michigan and Ohio. This may influence which products we write about and where and how the product appears on a page. 1. It was established on 29 January 1929 and is headquartered in Kerala, India. ATMs: More than 65,000, including those in Allpoint and MoneyPass networks. 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. The world's 50 biggest banks have a combined market cap of more than US$ 4.28 trillion. Pre-qualified offers are not binding. Similarly, your money is equally safe in any credit union thats insured by the National Credit Union Administration. Australia. Under IFRS, the gross value of derivatives are reported while U.S. GAAP requires the net value to be reflected. Compare two online bank options. About 1,300 locations in 15 states, with high concentrations in Alabama, Florida and Tennessee. About 60,000; the bank may reimburse up to two out-of-network ATM fees per statement period. of the remaining 15 Chinese banks on the top-100 list ranked higher this year than they had previously. About 4,700 in 36 states and Washington, D.C., with high concentrations in California, Florida and Texas. In, zeb consulting. The bank's. Have a high balance in your bank account? 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 Some of the branches are Capital One cafes, where customers can attend free workshops and receive one-on-one financial coaching. 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. Bank of America Corporation ranks second in the list with a market value of $300 billion. See the advantages you can get with a premium bank account. It has one of the largest branch networks out of all the biggest banks, with locations in the most states. 6 biggest bank after posting a 6.14% increase in assets at the end of 2019, hitting $2.715 trillion. They provide borrowing/saving opportunities and other important facilities to the general public and corporate entities. Crypto Exchanges Site Search. 35, bolstered in part by its pending acquisition of Unione di Banche Italiane SpA. China Construction Bank, China 3. 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. Source: Stock Market Data 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. Accessed Sep 30, 2022.View all sources. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. More than 500 in eight states, with high concentrations in Illinois and Wisconsin. 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. Here is a list of our partners. Its located mostly in California. 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. Are you interested in testing our corporate solutions? With sales of $275 billion in 2021, Apple is the most successful brand. Want to find a Chase account with a sign-up bonus? Total assets were taken on an "as-reported" basis and no adjustments are made to account for differing accounting standards. Top 50 World Banks 2019. KeyBank offers a large ATM network as well as branches in over a dozen states. The World's largest banks and banking groups by market cap (April 18, 2022). ICBC or CCB. 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. All financial products, shopping products and services are presented without warranty. She has written and edited content on personal finance topics for more than five years. 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 Country. Last Updated: Septeber 15, 2019 Source: Stock Market Data, Global Bank Directory It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap. 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. U.K.-based HSBC Holdings PLC overtook U.S.-based JPMorgan Chase & Co. in this year's ranking to become the No. It offers over a thousand branches and a couple thousand ATMs. NerdWallet's ratings are determined by our editorial team. ATMs: More than 43,000, including those in the Allpoint network. 7. TD Bank: $405 billion Our opinions are our own. Please do not hesitate to contact me. 0.00%. . The ranking was based upon assets as reported and was not adjusted for different accounting treatments. Learn more: American Express National Bank review. Please create an employee account to be able to mark statistics as favorites. To find the largest banks in the U.S., we looked at domestic asset sizes of institutions that serve both consumers and small businesses. About Us | Contacts. China. With a market capitalization of 2.64 trillion U.S. dollars as of April 2021, Apple was the world's largest company in 2022. Check out the current Chase bank promotions. Get more smart money moves straight to your inbox. With total assets of $ 3.1 trillion, it will be one of the 10 largest banks in the world by 2022. U.S. Bank: $573 billion Pre-qualified offers are not binding. 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. 20 Groupe BPCE: 1,724.12 21 Socit Gnrale: 1,665.47 22 Deutsche Bank: 1,505.74 23 . "Market capitalization of leading 100 banks worldwide from 1st quarter 2016 to 2nd quarter 2022 (in trillion euros)." 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. 6. Want the best banks instead? Rounding out the . If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Among the notable movements in this year's ranking was London-based Barclays PLC, , which moved up two spots on the ranking to No. Listed below are the biggest banks in the world based on market capitalization. Follow this link to view the above map as a PDF. A previous version of this article gave incorrect domestic asset figures for banks No. 20: Scotiabank: Canada: 58 . The Top 20 Richest Companies In The World. Banks are ranked according to the size of their domestic assets, including loans, mortgages and credit card accounts. ATMs: 16,000. ", 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. See NerdWallet's picks for the best high-yield online savings accounts of 2022. Branches: 22, mostly concentrated in California and New York. The list includes largest banks in the world by market cap and largest banks in the world by capital. Save my name, email, and website in this browser for the next time I comment. China remains to be home to the greatest number of top 100 banks, with 19 institutions collectively holding assets worth $25.814 trillion. With a market capitalization of Rs. Neil Ford. + Summary of largest banks in the U.S. and approximate asset size (skip to specific bank sections from the links below) 1. 20: Westpac: Australia . JPMorgan Chase, USA 8. Global banks ranking, by market capitalization - 2011. Total assets: $3,758 bln. Profit from the additional features of your individual account. 22, mostly concentrated in California and New York. BNP Paribas Rank 9. Read about FDIC insurance. 15. In this article: Rank 1. KeyBank: $185 billion 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. Purchasing Managers Index (PMI) Global Webinar, Politics & Policy: Inflation, Trade & Sustainability Outlooks, M&A In Focus: Dealmakers' Discussion on the 2023 M&A Outlook. Submit your company for free to the INFOXIA Directory, one of the oldest and largest business directories in the world! 7, it continues to be the largest bank in the United States. 27 from No. Bank of America: $2.31 trillion 3. Top 50 World Banks 2019 The World's largest banks and banking groups by market cap (July 1, 2019). South Indian Bank: SIB Ltd. is one of the major private sector banks and the first private sector bank of Kerala. and 7-Eleven network. Chase: $2.62 trillion. In 2021, PNC Bank acquired BBVA USA. Here is a list of our partners and here's how we make money. 19. D05.SI. Regions Bank: $160 billion More than 650 across 11 states and Washington, D.C., with high concentrations in California and New York. 1,90,562.56 crores, Axis Banks fares 4th on the list of the largest private sector banks in India. The bank's 2019-end assets were US$56.89 billion higher than their value had exchange rates remained constant from last year. (July 27, 2022). 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. Nearly 90 locations across 10 states; mostly in California. This is the list of the world's largest banks by market capitalization. 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. Bank of China. Citizens Bank: $227 billion . 30.06.2020. and 7-Eleven network. It is the world's largest bank by assets and the second-largest by market capitalization. 26,212.00. 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. China Construction Bank and Agricultural Bank are the second and third largest banks in the world with assets of $3.64 trillion and $3.56 trillion, respectively. Global aggregate Tier 1 capital and assets have continued their onward march upwards. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. The biggest changes at the top of the table are Egypt's Banque Misr jumping from eighth to third position, with its capital more than doubling between 2019 and 2021 . About 1,000 in 16 states, with high concentrations in New York, Ohio and Washington. The market capitalization of the top 100 global banks amounted to 5.5 trillion euros in the second quarter of 2022. Mitsubishi UFJ Financial Group is the largest banking holding and financial services company in Japan. Chart. She has written and edited content on personal finance topics for more than five years. 20 on this list. The world's 50 biggest banks have a combined market cap of more than US$ 4.28 trillion. JPMorgan Chase Rank 6. List of the largest banks by market capitalization. The Capital One network features the most ATMs of any bank on this list, but relatively few branches. Bank of China Rank 5. Agricultural Bank of China, China 4. . . This website uses cookies. TD Banks physical reach is less widespread than that of other large banks. Visit our. 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. Ally Bank: $176 billion The company has a history of serving agricultural. This article has been corrected. More than 44,000, including ATMs in the Allpoint, Presto! Many or all of the products featured here are from our partners who compensate us. A banks assets include, among other things, the amount of its loans, mortgages and credit card accounts. More than 65,000, including those in Allpoint and MoneyPass networks. Learn more about how Statista can support your business. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. The world's 50 biggest banks had a combined market capitalization of more than US$ 4.6 trillion. Our partners cannot pay us to guarantee favorable reviews of their products or services. Our partners compensate us. Goldman Sachs: $438 billion 20. Credit Agricole SA Market Cap (USD): $51.58 billion. Mitsubishi UFJ Financial Group, Japan 6. When evaluating offers, please review the financial institutions Terms and Conditions. Fifth Third Bank: $205 billion The popular company is one of the oldest companies in this list. Global top 100 banks contain largest banks by market capitalization on December 31, 2021. Statista. 19. The World's largest banks and banking groups by market cap (May 31, 2018). 17. We believe everyone should be able to make financial decisions with confidence. To use individual functions (e.g., mark statistics as favourites, set ATMs: More than 44,000, including ATMs in the Allpoint, Presto! Ally is available only online and is one of just three banks on this list without any branches. Banking institutions are indispensable to any nations economy and financial setup. $0.45. Central Bank Rates Top 50 Banks World 2022 Top 15 Banks Europe 2021. JPMorgan and Bank of America moved up the ranks by one and two notches to No. 20: BNP Paribas: 80: 21: Truist Financial Corp . South Africa, Southern Africa. Ruth Sarreal is a content management specialist at NerdWallet. 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. Procter & Gamble was founded by William Procter and James Gamble in 1937. First Republic Bank offers the fewest branches of the brick-and-mortar banks on this list. However, Standard Bank slipped five places in the overall Top 1000 to 157th place. statistic alerts) please log in with your personal account. It is the only one of South Africa's big four to record such an increase. Biggest companies in the world by market value 2022. Top 1000 World Banks - Results and Summary. ICBC Rank 2. BNP Paribas, France 10. Use Ask Statista Research Service, The source adds the following information: "All banks worldwide according to Bloomberg classification. China is still in the front, but the US markets are making steady progress. Branches: About 1,100 in 15 states and Washington, D.C., mostly concentrated in Florida, Massachusetts, New York and New Jersey. ATMs: More than 43,000 in the Allpoint network. Bank of China, China 5. Federal Reserve Statistical Release: Largest Commercial Banks. Number of banks in the top 100 . More than 1,000 locations in 11 states, with high concentrations in Michigan and Ohio. Branches: About 4,000 in 37 states and Washington, D.C., mostly concentrated in California, the East Coast and Texas. 13. First Republic Bank: $198 billion Capital One: $388 billion Digital Banks. September 29th 2022. Federal Reserve Statistical Release: Largest Commercial Banks. facts. . 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). If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 3. Check out NerdWallets picks for the best national banks, 1. 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. Since the COVID-19 crash, global equity markets have seen a strong recovery. Branches: More than 2,600 in 28 states and Washington, D.C., with high concentrations in Florida, New Jersey, Ohio, Pennsylvania and Texas. Then you can access your favorite statistics via the star in the header. Wells Fargo is tied with Chase as the bank with the most branches. Country: USA JP Morgan is currently the world's biggest investment bank and fifth largest bank in the global ranking based on total assets. Subscribe to our newsletter and get the latest posts delivered to your inbox. More than 43,000 fee-free ATMs in the U.S., including those in the Allpoint network. Branches: More than 500 in eight states, with high concentrations in Illinois and Wisconsin. 14. Source: Stock Market Data Want to earn a cash bonus for opening a new bank account? These are the 20 wealthiest banks in the world as valued by market cap. Want to learn how your money is protected in a bank? 62 last year. About 1,200 in 14 states and Washington, D.C., with high concentrations in Massachusetts, New York and Pennsylvania. Hi, here a list of 10 largest banks in the world. 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. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. Premium Statistic Market cap of Standard Bank . Reply. Barclays plc, UK - 1,506.24 billion. Huntington National Bank: $178 billion. The majority of the banks were ranked by total assets as of Dec. 31, 2019. 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. Insights into the world's most important technology markets . The British pound gained about 4% against the U.S. dollar over the course of 2019. 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. ", 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. Generally, big national banks serve more of the country than regional or community banks do. HSBC sold most of its U.S.-based business to Citizens Bank and Cathay Bank in early 2022. 5, had it reported in IFRS instead of U.S. GAAP. Market Intelligence UBI is the anchor bank of both other banks. Its ATMs and branches are available only along the East Coast. (To see the full impact of currency conversions on the 100 largest banks, download the Excel file linked above). , according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank. 1: JP Morgan Chase & Co: 466: 2: Bank of America: 347: 3: . 4. 7, respectively. Only the top banks are shown . 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. 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. Privacy Policy Agreement * Branches: More than 650 across 11 states and Washington, D.C., with high concentrations in California and New York. Of the top three banks on this list, it offers the fewest branches but is tied with Chase for the most ATMs. Credit Agricole SA, the only Europe-based bank in the 10 biggest, is the largest cooperative financial institution in the world by AUM. By continuing to use this website you are giving consent to cookies being used. These bank rankings are compiled from balance sheet information included in Bankers Almanac available on September 20, 2021. Top 50 World Banks 2022 The World's largest banks and banking groups by market cap (April 18, 2022). Customers can access their cash for free via machines within a large ATM network. Accessed December 12, 2022. https://www.statista.com/statistics/267682/market-capitalization-of-the-largest-banks-in-investment-banking-in-2010/, zeb consulting. But while JPMorgan Chase slipped one spot to No. This data is accurate as of June 30, 2022, according to the latest information from the Federal Reserve[0]Federal Reserve System. 11. Start earning crypto interest with BankDep. Conversely, Germany-based Commerzbank AG slipped six spots to No. How do U.S. Bank and Wells Fargo compare? Find out in our Bank of America vs. Chase comparison. American Express National Bank is available online only. None, but with some First Republic checking accounts, cash withdrawals are free at any ATM. 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. 12. However, the pro forma assets of the combined entity were considered in the previous ranking and clocked it at No. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Want to learn how your money is protected in a bank? If you are an admin, please authenticate by logging in again. About the author: Ruth Sarreal is a content management specialist at NerdWallet. The ranking and the market cap data shown on this page are updated daily. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. More than 43,000 as part of the Allpoint network. ATMs: More than 37,000, including those in the MoneyPass network. 27 from No. This article is a part of the worldwide bank ranking series. 09. 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 62, with $478.40 billion in assets, after adjusting for its pending sale of mBank SA. Market cap: $52.1 billion; Total assets: $2,278 billion; Top 10 Most Beautiful Mountains In The World 2022. What makes big banks different from smaller banks? Rank: Bank: Market cap. Of the banks on this list, Citibank is among those with the fewest branches, but it does have a massive domestic network of ATMs. More than 43,000 in the Allpoint network. $20.52: 0.23%: Australia: 26: DBS Group. It was founded in Switzerland in1866 as primarily a milk company. Bank of America, USA 9. Companies that are not publicly traded are excluded. See our Wells Fargo vs. U.S. Bank comparison. ATMs: More than 43,000 as part of the Allpoint network. Rank. Wells Fargo: $1.69 trillion Credit unions that have this protection insure your money for up to $250,000 per person, per account, per credit union. Check out our best bank promotions. Directly accessible data for 170 industries from 50 countries 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. Conversely, Germany-based Commerzbank AG slipped six spots to No. July 27, 2022. A regional bank might be limited to serving a few neighboring states; a community bank might serve only one city within a state. Huntington National Bank: $178 billion The world's 50 biggest banks have a combined market capitalization of more than US$ 4.28 trillion. Here are the top 20 most valuable banks in the world. "Market Capitalization of Leading 100 Banks Worldwide from 1st Quarter 2016 to 2nd Quarter 2022 (in Trillion Euros). Accessed Sep 30, 2022.View all sources. Here is a list of top 10 banks in the world 2022. 8. Bank. Market capitalization is the cumulative value of a company, including all subsidiaries and commercial assets. As a point of comparison, the combined GDP of the U.S. and China was $35.7 trillion in 2020. 6,500 Abu Dhabi Islamic Bank Abu Dhabi United Arab Emirates Aeon Bank Tokyo Japan 2,802 Afirme Mexico City Mexico 3,000 Agricultural Bank of China Beijing China 459,000 Akita Bank Akita. Branches: Nearly 300 across eight states and Washington D.C., mostly concentrated in Louisiana and New York. The bank has offices and a presence in 20 countries around the world. The world's 50 biggest banks have a combined market capitalization of more than US$ 4.3 trillion. The corporate market capitalization is calculated from the stock exchange price of its shares. Here are the 50 Largest Banks in Europe (2020): BNP Paribas SA, France - 2,521.43 billion. Show publisher information ATMs: More than 37,000 as part of the MoneyPass network. 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. Bank of America: $2.31 trillion The banking giant would have ranked two spots higher, at No. Financial News. adjustments for foreign currency effects. Assets reported by non-U.S. dollar filers were converted to dollars using period-end exchange rates. Victor Mochere is a blogger, social media influencer, and netpreneur creating and marketing digital content. Top public companies are: JPMorgan Chase, Bank of America , ICBC, Wells Fargo, China Construction Bank . Get full access to all features within our Corporate Solutions. Banks are ranked according to the size of their domestic assets, including loans, mortgages and credit card accounts. Its headquarters are located in Chioda, Tokyo, Japan. Your email address will not be published. The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. 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. ATMs: About 60,000; the bank may reimburse up to two out-of-network ATM fees per statement period. 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. Want to earn a cash bonus for opening a new bank account? Truist Bank is the result of the 2019 merger of BB&T and SunTrust Bank. Source: Stock Market Data The company has over 1,300 locations in over 50 countries. Federal Reserve Statistical Release: Largest Commercial Banks. Figures are aggregated in EUR, without 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. 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