The Largest Banks in the United States 2023

The following table ranks the largest banking organizations in the United States by total consolidated assets at the end of 2023. The figures are taken from the Federal Financial Institutions Examination Council's quarterly "Large Holding Companies" release, which lists every holding company filing form FR Y-9C with more than $10 billion in assets, as reported to the Federal Reserve for the quarter ended December 31, 2023. JPMorgan Chase & Co. remains the largest US banking group with $3.875 trillion in assets, ahead of Bank of America ($3.180 trillion), Citigroup ($2.412 trillion) and Wells Fargo ($1.932 trillion). The list covers all holding companies supervised by the Federal Reserve, so alongside the domestic bank holding companies it includes the US intermediate holding companies of foreign banks such as TD Group US Holdings, BMO Financial Corp., HSBC North America and UBS Americas, as well as savings and loan holding companies such as USAA and Ameriprise Financial. Assets are shown in billions of US dollars. The 100 largest of the 153 holding companies in the release are listed below.

Asset RankBank (Group)HeadquartersTotal Assets, US $BBalance sheet
1JPMorgan Chase & Co.New York, NY3,875.39312/31/2023
2Bank of America CorporationCharlotte, NC3,180.15112/31/2023
3Citigroup Inc.New York, NY2,411.83412/31/2023
4Wells Fargo & CompanySan Francisco, CA1,932.47212/31/2023
5The Goldman Sachs Group, Inc.New York, NY1,641.59412/31/2023
6Morgan StanleyNew York, NY1,193.69312/31/2023
7U.S. BancorpMinneapolis, MN663.49112/31/2023
8The PNC Financial Services Group, Inc.Pittsburgh, PA561.60012/31/2023
9Truist Financial CorporationCharlotte, NC535.36712/31/2023
10TD Group US Holdings LLCCherry Hill, NJ523.28212/31/2023
11The Charles Schwab CorporationWestlake, TX493.17812/31/2023
12Capital One Financial CorporationMcLean, VA478.46412/31/2023
13The Bank of New York Mellon CorporationNew York, NY409.98212/31/2023
14State Street CorporationBoston, MA297.25812/31/2023
15BMO Financial Corp.Chicago, IL292.77112/31/2023
16American Express CompanyNew York, NY261.10812/31/2023
17Citizens Financial Group, Inc.Providence, RI222.41212/31/2023
18HSBC North America Holdings Inc.New York, NY219.64512/31/2023
19Fifth Third BancorpCincinnati, OH214.57412/31/2023
20First Citizens BancShares, Inc.Raleigh, NC213.76712/31/2023
21United Services Automobile AssociationSan Antonio, TX212.03512/31/2023
22M&T Bank CorporationBuffalo, NY208.26412/31/2023
23Ally Financial Inc.Detroit, MI196.39212/31/2023
24UBS Americas Holding LLCNew York, NY194.24712/31/2023
25Huntington Bancshares IncorporatedColumbus, OH189.36812/31/2023
26KeyCorpCleveland, OH188.36912/31/2023
27Barclays US LLCNew York, NY186.76612/31/2023
28Ameriprise Financial, Inc.Minneapolis, MN175.19812/31/2023
29RBC US Group Holdings LLCToronto, Canada168.46312/31/2023
30Santander Holdings USA, Inc.Boston, MA164.97312/31/2023
31Regions Financial CorporationBirmingham, AL152.63212/31/2023
32Discover Financial ServicesRiverwoods, IL151.71312/31/2023
33Northern Trust CorporationChicago, IL150.78312/31/2023
34Synchrony FinancialStamford, CT117.47912/31/2023
35New York Community Bancorp, Inc.Hicksville, NY114.05712/31/2023
36DB USA CorporationNew York, NY113.59712/31/2023
37Comerica IncorporatedDallas, TX86.04612/31/2023
38First Horizon CorporationMemphis, TN81.66312/31/2023
39Raymond James Financial, Inc.Saint Petersburg, FL80.12912/31/2023
40Mizuho Americas LLCNew York, NY78.24912/31/2023
41Webster Financial CorporationStamford, CT74.94512/31/2023
42CIBC Bancorp USA Inc.Chicago, IL71.65312/31/2023
43Western Alliance BancorporationPhoenix, AZ70.86212/31/2023
44Popular, Inc.San Juan, Puerto Rico70.75812/31/2023
45East West Bancorp, Inc.Pasadena, CA69.61312/31/2023
46BNP Paribas USA, Inc.New York, NY61.08812/31/2023
47Valley National BancorpNew York, NY60.93512/31/2023
48Synovus Financial Corp.Columbus, GA59.81012/31/2023
49John Deere Capital CorporationMiddleton, WI59.02812/31/2023
50Wintrust Financial CorporationRosemont, IL56.25012/31/2023
51Columbia Banking System, Inc.Tacoma, WA52.17412/31/2023
52Cullen/Frost Bankers, Inc.San Antonio, TX50.93012/31/2023
53BOK Financial CorporationTulsa, OK49.88812/31/2023
54Old National BancorpEvansville, IN49.09012/31/2023
55Pinnacle Financial Partners, Inc.Nashville, TN47.96012/31/2023
56F.N.B. CorporationPittsburgh, PA46.23012/31/2023
57SouthState CorporationWinter Haven, FL44.90212/31/2023
58UMB Financial CorporationKansas City, MO44.01212/31/2023
59Associated Banc-CorpGreen Bay, WI41.01612/31/2023
60Prosperity Bancshares, Inc.Houston, TX38.56812/31/2023
61Banc of California, Inc.Los Angeles, CA38.53412/31/2023
62Stifel Financial Corp.Saint Louis, MO37.72712/31/2023
63Midland Financial Co.Oklahoma City, OK36.67812/31/2023
64EverBank Financial CorpJacksonville, FL36.16412/31/2023
65BankUnited, Inc.Miami Lakes, FL35.76612/31/2023
66Hancock Whitney CorporationGulfport, MS35.61512/31/2023
67SMBC Americas Holdings, Inc.New York, NY32.89912/31/2023
68Commerce Bancshares, Inc.Kansas City, MO31.73412/31/2023
69First National of Nebraska, Inc.Omaha, NE31.28612/31/2023
70First Interstate BancSystem, Inc.Billings, MT30.67112/31/2023
71SoFi Technologies, Inc.San Francisco, CA30.07512/31/2023
72United Bankshares, Inc.Charleston, WV29.92612/31/2023
73Texas Capital Bancshares, Inc.Dallas, TX28.35612/31/2023
74Credit Suisse Holdings (USA), Inc.New York, NY28.20212/31/2023
75FirstBank Holding CompanyLakewood, CO28.18412/31/2023
76Glacier Bancorp, Inc.Kalispell, MT27.74312/31/2023
77Arvest Bank Group, Inc.Bentonville, AR27.66212/31/2023
78Beal Financial CorporationPlano, TX27.52512/31/2023
79Fulton Financial CorporationLancaster, PA27.49512/31/2023
80Simmons First National CorporationPine Bluff, AR27.35712/31/2023
81United Community Banks, Inc.Greenville, SC27.31012/31/2023
82BCI Financial Group, Inc.Miami, FL26.14412/31/2023
83Ameris BancorpAtlanta, GA25.20412/31/2023
84First Hawaiian, Inc.Honolulu, HI24.92612/31/2023
85Bank of Hawaii CorporationHonolulu, HI23.73312/31/2023
86Cathay General BancorpLos Angeles, CA23.08212/31/2023
87Home BancShares, Inc.Conway, AR22.65712/31/2023
88WaFd, Inc.Seattle, WA22.64012/31/2023
89Axos Financial, Inc.Las Vegas, NV21.62412/31/2023
90Customers Bancorp, IncWest Reading, PA21.32012/31/2023
91Atlantic Union Bankshares CorporationGlen Allen, VA21.16912/31/2023
92Eastern Bankshares IncBoston, MA21.13412/31/2023
93WSFS Financial CorporationWilmington, DE20.59512/31/2023
94Heartland Financial USA, Inc.Denver, CO19.41212/31/2023
95Independent Bank Corp.Rockland, MA19.35312/31/2023
96Hope Bancorp, Inc.Los Angeles, CA19.13212/31/2023
97Pinnacle Bancorp, Inc.Omaha, NE19.11012/31/2023
98Central Bancompany, IncJefferson City, MO19.03712/31/2023
99Independent Bank Group, Inc.McKinney, TX19.03512/31/2023
100Pacific Premier Bancorp, Inc.Irvine, CA19.02712/31/2023

Source: Federal Financial Institutions Examination Council (FFIEC) / Federal Reserve National Information Center, "Large Holding Companies" release, reporting period 12/31/2023 (form FR Y-9C). Assets converted from thousands to billions of US dollars; institution names and locations are as published, with capitalization normalised.

Last Updated: September 4, 2026