Top Banks in the World 2024 by assets

Below is a list of the largest banks in the world ranked by total assets at the end of 2024. Industrial and Commercial Bank of China (ICBC) is again the largest bank in the world, with assets of US$6,688.74 billion, and the top eight positions are unchanged from a year earlier. The top 10 banks hold combined assets of about $41.4 trillion. The top 100 banks include 21 banks from mainland China, 13 from the United States, 8 from Japan, 6 each from the UK, France and Canada, 5 from South Korea, 4 each from Germany and Australia, 3 each from Spain, the Netherlands, Singapore and Brazil, and 2 each from Italy, Switzerland, India and Russia.

Rank Bank Country Total assets, US$b Balance sheet
1 Industrial and Commercial Bank of China Ltd. China 6,688.74 12/31/2024
2 Agricultural Bank of China Ltd. China 5,923.76 12/31/2024
3 China Construction Bank Corp. China 5,558.38 12/31/2024
4 Bank of China Ltd. China 4,803.51 12/31/2024
5 JPMorgan Chase & Co. USA 4,002.81 12/31/2024
6 Bank of America Corp. USA 3,261.52 12/31/2024
7 HSBC Holdings PLC UK 2,989.81 12/31/2024
8 BNP Paribas SA France 2,809.83 12/31/2024
9 Crédit Agricole Group France 2,693.58 12/31/2024
10 Mitsubishi UFJ Financial Group Inc. Japan 2,628.12 12/31/2024
11 Postal Savings Bank of China Co. Ltd. China 2,340.69 12/31/2024
12 Citigroup Inc. USA 2,151.95 12/31/2024
13 Bank of Communications Co. Ltd. China 2,041.45 12/31/2024
14 Sumitomo Mitsui Financial Group Inc. Japan 1,977.18 12/31/2024
15 Wells Fargo & Co. USA 1,929.85 12/31/2024
16 Banco Santander SA Spain 1,901.94 12/31/2024
17 Barclays PLC UK 1,900.67 12/31/2024
18 Mizuho Financial Group Inc. Japan 1,805.52 12/31/2024
19 Goldman Sachs Group Inc. USA 1,675.97 12/31/2024
20 China Merchants Bank Co. Ltd. China 1,664.87 12/31/2024
21 Groupe BPCE France 1,646.53 12/31/2024
22 Société Générale SA France 1,601.74 12/31/2024
23 UBS Group AG Switzerland 1,563.32 12/31/2024
24 Japan Post Bank Co. Ltd. Japan 1,546.95 12/31/2024
25 Royal Bank of Canada Canada 1,513.86 1/31/2025
26 Toronto-Dominion Bank Canada 1,446.51 1/31/2025
27 Industrial Bank Co. Ltd. China 1,439.62 12/31/2024
28 Deutsche Bank AG Germany 1,436.15 12/31/2024
29 China Citic Bank Corp. Ltd. China 1,306.01 12/31/2024
30 Shanghai Pudong Development Bank Co. Ltd. China 1,296.31 12/31/2024
31 Crédit Mutuel Group France 1,252.10 12/31/2024
32 Morgan Stanley USA 1,215.07 12/31/2024
33 Lloyds Banking Group PLC UK 1,135.12 12/31/2024
34 China Minsheng Banking Corp. Ltd. China 1,070.68 12/31/2024
35 ING Groep NV Netherlands 1,056.57 12/31/2024
36 Bank of Montreal Canada 1,014.36 1/31/2025
37 Bank of Nova Scotia Canada 978.47 1/31/2025
38 Intesa Sanpaolo SpA Italy 966.23 12/31/2024
39 China Everbright Bank Co. Ltd. China 953.41 12/31/2024
40 NatWest Group PLC UK 886.34 12/31/2024
41 ANZ Group Holdings Ltd. Australia 852.19 9/30/2024
42 Standard Chartered PLC UK 849.69 12/31/2024
43 State Bank of India India 846.64 12/31/2024
44 UniCredit SpA Italy 811.68 12/31/2024
45 Commonwealth Bank of Australia Australia 809.81 12/31/2024
46 Banco Bilbao Vizcaya Argentaria SA Spain 799.67 12/31/2024
47 Ping An Bank Co. Ltd. China 790.41 12/31/2024
48 La Banque Postale SA France 766.91 12/31/2024
49 National Australia Bank Ltd. Australia 748.98 9/30/2024
50 Canadian Imperial Bank of Commerce Canada 747.91 1/31/2025
51 Westpac Banking Corp. Australia 747.10 9/30/2024
52 DZ Bank AG Germany 682.93 12/31/2024
53 U.S. Bancorp USA 678.32 12/31/2024
54 CaixaBank SA Spain 653.28 12/31/2024
55 Rabobank Netherlands 651.47 12/31/2024
56 Nordea Bank Abp Finland 645.36 12/31/2024
57 Capital One Financial Corp. USA 637.78 12/31/2024
58 DBS Group Holdings Ltd. Singapore 606.13 12/31/2024
59 Hua Xia Bank Co. Ltd. China 599.59 12/31/2024
60 Commerzbank AG Germany 574.23 12/31/2024
61 Bank of Beijing Co. Ltd. China 574.14 9/30/2024
62 Norinchukin Bank Japan 560.75 12/31/2024
63 PNC Financial Services Group Inc. USA 560.04 12/31/2024
64 Sberbank of Russia Russia 557.48 12/31/2024
65 Bank of Jiangsu Co. Ltd. China 541.41 12/31/2024
66 Truist Financial Corp. USA 531.18 12/31/2024
67 Danske Bank A/S Denmark 515.87 12/31/2024
68 KB Financial Group Inc. South Korea 513.01 12/31/2024
69 Shinhan Financial Group Co. Ltd. South Korea 500.77 12/31/2024
70 Nationwide Building Society UK 498.77 9/30/2024
71 Sumitomo Mitsui Trust Group Inc. Japan 498.16 12/31/2024
72 China Guangfa Bank Co. Ltd. China 494.93 12/31/2023
73 HDFC Bank Ltd. India 494.06 12/31/2024
74 Itaú Unibanco Holding SA Brazil 492.90 12/31/2024
75 Resona Holdings Inc. Japan 491.13 12/31/2024
76 Charles Schwab Corp. USA 479.84 12/31/2024
77 Oversea-Chinese Banking Corp. Ltd. Singapore 458.00 12/31/2024
78 China Zheshang Bank Co. Ltd. China 455.61 12/31/2024
79 Bank of Shanghai Co. Ltd. China 442.06 12/31/2024
80 Hana Financial Group Inc. South Korea 431.78 12/31/2024
81 Bank of Ningbo Co. Ltd. China 428.16 12/31/2024
82 NongHyup Financial Group Inc. South Korea 419.37 9/30/2024
83 Bank of New York Mellon Corp. USA 416.06 12/31/2024
84 ABN AMRO Bank NV Netherlands 411.66 12/31/2024
85 United Overseas Bank Ltd. Singapore 393.97 12/31/2024
86 Banco do Brasil SA Brazil 393.52 12/31/2024
87 Woori Financial Group Inc. South Korea 393.34 12/31/2024
88 KBC Group NV Belgium 386.22 12/31/2024
89 Nomura Holdings Inc. Japan 385.00 12/31/2024
90 Landesbank Baden-Württemberg Germany 368.98 12/31/2024
91 Erste Group Bank AG Austria 366.22 12/31/2024
92 National Bank of Canada Canada 365.25 1/31/2025
93 State Street Corp. USA 362.95 12/31/2024
94 Qatar National Bank (QPSC) Qatar 356.52 12/31/2024
95 Bank of Nanjing Co. Ltd. China 355.03 12/31/2024
96 Skandinaviska Enskilda Banken AB (publ) Sweden 339.65 12/31/2024
97 Raiffeisen Gruppe Switzerland Switzerland 337.25 12/31/2024
98 Banco Bradesco SA Brazil 331.96 12/31/2024
99 VTB Bank PJSC Russia 330.43 12/31/2024
100 First Abu Dhabi Bank PJSC UAE 330.32 12/31/2024

Source: S&P Global Market Intelligence, "The world's largest banks by assets, 2025", published April 15, 2025; data compiled April 8, 2025. Total assets are as of 12/31/2024 unless the Balance sheet column states otherwise. Figures are pro forma for recent and pending mergers, acquisitions and divestitures, and are taken on an as-reported basis; non-US-dollar figures were converted at period-end exchange rates.