Top Banks in Europe 2019

Listed below are the largest banking groups in Europe ranked by total assets at December 31, 2019. HSBC Holdings remained the largest bank in Europe for the eighth consecutive year, holding assets of US$2.72 trillion, ahead of BNP Paribas and Credit Agricole Group. Societe Generale overtook Deutsche Bank to take fifth place, while Intesa Sanpaolo climbed four places to tenth on the strength of its pending acquisition of Unione di Banche Italiane, and Bank of Ireland Group was a new entrant at number 50. Germany has seven banks in the top 50, more than any other country, while France and the UK are home to six each.

Source: S&P Global Market Intelligence, "Europe's 50 largest banks by assets, 2020", published April 9, 2020.
Total assets are as of December 31, 2019 except where the Balance sheet column states otherwise. Figures are as reported under each bank's accounting standard, with no adjustment for differences between IFRS and GAAP filings, and are adjusted on a best-efforts basis for completed and pending mergers, acquisitions and divestitures through March 31, 2020.
S&P Global publishes the European ranking in euros. Thirty-seven of the 50 amounts above are S&P Global's own US dollar figures for the same banks and the same reporting dates, taken from its companion ranking "The world's 100 largest banks, 2020" (April 7, 2020). The remaining thirteen banks do not appear in that world ranking, or appear there on a different reporting date, and are converted from euros at US$1.12221 per euro, the rate implied by S&P Global's own December 31, 2019 figures. Bayerische Landesbank is the one bank shown here on a different date from the world ranking: the European table uses its December 31, 2019 balance sheet, the world table its September 30, 2019 balance sheet.
Ranks are as published by S&P Global, which ranks on the euro amounts. Credit Mutuel Group is ranked on a December 31, 2018 balance sheet, converted at the exchange rate of that date, which is why its dollar figure stands above those of the three banks ranked immediately ahead of it.
This ranking excludes development banks and entities that act as central banks, banking associations or supervisors for banking groups, so it is not directly comparable with the earlier years listed on this site.