Top US Banks by Deposits 2016

Listed below are the largest banks in the United States based on total deposits. JPMorgan Chase is the nation’s largest financial institution by deposits with market share of over 8% in consumer and community banking. The company’s total deposits include domestic deposits of $1.139 trillion and non-U.S. deposits of $236 billion. Wells Fargo is the second largest U.S. bank by deposits and the largest bank by loans. The top 20 largest banks have more than $7.6 trillion in deposits.

Total Deposits (US$ billion)

Rank Company 2016 2015 2014 2013 2012
1 JPMorgan Chase & Co 1,375.18 1,279.78 1,363.48 1,287.78 1,193.59
2 Wells Fargo & Co 1,306.08 1,223.31 1,168.31 1,079.18 1,002.84
3 Bank of America Corp 1,260.93 1,197.26 1,118.94 1,119.27 1,105.26
4 Citigroup 929.406 907.887 899.332 968.273 930.560
5 U.S. Bank 334.590 300.400 282.733 262.123 249.183
6 PNC Financial Services Group 257.164 249.002 232.234 220.931 213.142
7 TD Group US Holding 246.469 224.537 n/a n/a n/a
8 Capital One Financial Corp 236.768 217.721 205.548 204.523 212.485
9 The Bank of New York Mellon 221.490 279.610 265.869 261.129 246.095
10 State Street Corp 187.163 191.627 209.040 182.268 164.181
11 Charles Schwab 163.454 129.502 102.815 92.972 79.377
12 SunTrust Banks 160.398 149.830 140.567 129.759 128.504
13 BB&T Corporation 160.234 149.124 129.040 127.475 133.075
14 Morgan Stanley 155.863 156.034 133.544 112.379 83.266
15 HSBC USA Inc 129.248 118.579 116.118 112.608 117.671
16 Goldman Sachs Group 124.098 97.519 82.880 70.696 69.995
17 Citizens Financial Group 109.804 102.539 95.707 86.903 95.148
18 KeyCorp 104.087 71.046 71.998 69.262 65.993
19 Fifth Third Bancorp 103.821 103.205 101.712 99.275 89.517
20 Northern Trust Corp 101.652 96.869 90.757 84.098 81.408
21 Regions Financial Corp 97.921 96.890 93.481 92.646 95.330
22 M&T Bank Corp 95.494 91.958 73.582 67.119 65.611

Last updated