Following are the largest banks in the United States ranked by total assets. JPMorgan Chase is the largest bank in the U.S. with total assets of $2.5 trillion. It employs around 235,000 people and operates more than 5,000 branches. Bank of America is the second largest financial institution in the United States with over 45 million customers, 208,024 FTE employees, more than 4,500 retail branches and 15,928 ATMs nationwide. The top 10 U.S. banks hold assets of $11.6 trillion.

Rank Company Headquarters Total assets, US$b (December 31, 2016)
1 J.P.Morgan Chase & Co New York, NY 2,490.97
2 Bank of America Charlotte, NC 2,187.70
3 Wells Fargo & Co San Francisco, CA 1,930.12
4 Citigroup Inc New York, NY 1,792.08
5 Goldman Sachs Group New York, NY 860.165
6 Morgan Stanley New York, NY 814.949
7 U.S. Bancorp Minneapolis, MN 445.964
8 PNC Financial Services Pittsburgh, PA 366.380
9 Capital One Financial McLean, VA 357.033
10 TD Group US Holding Wilmington, DE 343.933
11 Bank of New York Mellon New York, NY 333.469
12 HSBC North America Holdings New York, NY 277.783
13 State Street Corporation Boston, MA 242.698
14 Charles Schwab San Francisco, CA 223.383
15 BB&T Corporation Winston Salem, NC 219.276
16 Suntrust Banks Atlanta, GA 204.875
17 Ally Financial Detroit, MI 163.728
18 American Express Company New York, NY 158.885
19 Citizens Financial Group Providence, RI 150.023
20 MUFG Americas Holdings New York, NY 148.144
21 United Services Automobile Assoc. San Antonio, TX 147.532
22 Fifth Third Bancorp Cincinnati, OH 142.177
23 RBC USA Holdco Corporation New York, NY 141.917
24 Santander Holdings USA Boston, MA 137.367
25 KeyCorp Cleveland, OH 136.453
26 BMO Financial Corp Wilmington, DE 128.089
27 Regions Financial Corporation Birmingham, AL 125.968
28 Northern Trust Corporation Chicago, IL 123.927
29 M&T Bank Corp Buffalo, NY 123.449
30 Huntington Bancshares Columbus, OH 99.729
31 Discover Financial Services Riverwoods, IL 92.308
32 Synchrony Financial Stamford, CT 90.207
33 BBVA Compass Bancshares Houston, TX 87.080
34 First Republic Bank San Francisco, CA 73.278
35 Comerica Inc Dallas, TX 72.978
36 CIT Group Livingston, NJ 64.191
37 Zions Bancorp Salt Lake City, UT 63.239
38 Deutsche Bank Trust Corp New York, NY 55.100
39 E*TRADE Financial Corp New York, NY 48.999
40 New York Community Bancorp Westbury, NY 48.927
41 SVB Financial Group Santa Clara, CA 44.684
42 People's United Financial Bridgeport, CT 40.611
43 Signature Bank, NY New York, NY 39.048
44 Popular, Inc San Juan, PR 38.662
45 East West Bancorp Pasadena, CA 34.789
46 First Citizens Bancshares Raleigh, NC 32.991
47 BOK Financial Corp Tulsa, OK 32.772
48 John Deere Capital Corp Reno, NV 32.690
49 Raymond James Financial Saint Petersburg, FL 31.594
50 Cullen/Frost Bankers San Antonio, TX 30.196
51 Synovus Financial Corp Columbus, GA 30.104

Updated on March 20, 2017.