List of Top 10 Largest Banks in the USA

The largest banks in the US, ranked by asset size, are JPMorgan Chase, Bank of America, Wells Fargo, Citibank, US Bank, PNC Bank, Goldman Sachs, Truist Bank, Capital One, and TD Bank, offering various financial services and having thousands of branches and ATMs across the country.

Jul 9, 2024, 17:41 IST

Top 10 Largest Banks in the US | Assets, Branches, and More

The United States is home to many large banks that offer various financial products and services. The largest banks in the US have thousands of branches and ATMs, millions of customers, and trillions of dollars in assets. While US banking saw a challenging 2023, faced with volatile economic headwinds and high interest rates – the market's largest institutions still sit at the pinnacle of the global banking industry.

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10 Largest Banks in the United States (U.S.)

The following is a list of the top 10 largest banks in the US, ranked by asset size:

US Rank	Bank Name	Bank ID	Bank Location	Consol Assets ($)	Domestic Assets ($)	Pct Domestic Assets	Pct Cumulative Assets	Domestic Branches	Foreign Branches
1	JPMorgan Chase Bank	852218	COLUMBUS, OH	3,503,360	2,684,314	77	16	4,912	32
2	Bank Of Amer	480228	CHARLOTTE, NC	2,550,363	2,412,258	95	27	3,744	23
3	Wells Fargo Bank	451965	SIOUX FALLS, SD	1,743,283	1,719,719	99	35	4,297	10
4	Citibank	476810	SIOUX FALLS, SD	1,698,856	1,053,772	62	43	653	115
5	U S Bank	504713	CINCINNATI, OH	669,426	660,128	99	46	2,291	1
6	Pnc Bank	817824	WILMINGTON, DE	561,950	560,145	100	48	2,373	1
7	Goldman Sachs Bank Usa	2182786	NEW YORK, NY	549,188	472,011	86	51	2	2
8	Truist Bank	852320	CHARLOTTE, NC	526,714	526,649	100	53	1,930	0
9	Capital One	112837	MC LEAN, VA	478,877	478,280	100	55	273	1
10	T D Bank	497404	WILMINGTON, DE	369,860	369,860	100	57	1,179	0

Biggest Banks in the USA on the FR Data

JPMorgan Chase - With over $3.4 trillion in assets and a vast network of over 4,800 branches, Chase is a leading consumer and commercial banking service provider.
Bank of America - Boasting over $2.4 trillion in assets and over 3,700 branches, Bank of America offers various financial services, including investment and wealth management.
Wells Fargo - With over $1.7 trillion in assets and approximately 4,400 branches, Wells Fargo is a prominent provider of financial services, including mortgage lending and investment banking.
Citibank - As part of Citigroup, Citibank has over $1.6 trillion in assets and a significant presence in the US, with over 650 domestic branches.
U.S. Bank - With over $650 billion in assets and more than 2,300 branches, U.S. Bank is a major player in the US banking industry.
PNC Bank - As a subsidiary of PNC Financial Services Group, PNC Bank has over $553 billion in assets and a strong presence in the US, with over 2,400 branches.
Goldman Sachs - Focused on investment banking services, Goldman Sachs has over $538 billion in consolidated assets and a reputation for excellence in financial services.
Truist Bank - Formed through the merger of BB&T and SunTrust Bank, Truist Bank has over $535 billion in assets and a significant presence in the US, with approximately 2,000 branches.
Capital One - Known for its credit cards and online banking services, it has over $468 billion in assets and a growing presence in the US.
TD Bank - As a subsidiary of Toronto-Dominion Bank, TD Bank has over $366 billion in assets and a strong presence on the East Coast and in the Northeast.

The list is based on The Federal Reserve report published regular updates on the largest banks in the U.S. by asset size. These banks offer a wide range of financial services and have a significant presence across the country, with thousands of branches and ATMs.

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