As of June 2024, JPMorgan Chase led the U.S. banking sector with approximately **** percent of total domestic deposits, closely followed by Bank of America at nearly ** percent. This distribution reflects the concentrated nature of the U.S. banking industry, where, despite thousands of commercial banks operating nationwide, the market is dominated by the top four institutions. The total value of deposits held at FDIC-insured commercial banks has decreased in recent years, amounting to ***** trillion U.S. dollars in 2023. The U.S. banking industry The banking industry in the United States accounts for tens of trillions of U.S. dollars in assets under management. While there are thousands of commercial banks in the country, the market is dominated by the largest four of these. This is particularly true when considering functions such as private and investment banking. Other measures This ranking presents the market share of domestic assets, but other measures give a slightly different picture. For example, looking at the value of total assets shows a higher market share in the hands of the top four firms. Apart from that, the revenue of leading commercial banks can also give a better idea of banks’ financial standing.
************** was the leading bank in the United States as of December 2024, with its market share of total assets amounting to ***** percent. This means that the value of assets of ************** was equivalent to ***** percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with ***** and **** percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded *** trillion U.S. dollars in 2024. JPMorgan Chase: an industry leader in U.S. banking JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits. The New York-based banking giant is also among the largest banks globally. In terms of assets, JPMorgan Chased ranked fifth in 2023, with only four Chinese banks having had higher amounts of assets. Bank failures in the U.S. The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 marked the first bank failures in the U.S. since 2021. The total assets lost in the failure of these two banks amounted to ***** billion U.S. dollars. In comparison, the total assets of the *** U.S. bank failures between 2010 and 2022 amounted to *** billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than ******* U.S. dollars in the fourth quarter of 2022 (*** percent and *** percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.
JPMorgan was the leading investment bank globally as of June 2025 in terms of market share of revenue. Between January and June 2025, JPMorgan's revenue accounted for *** percent of the global investment banking revenue. Goldman Sachs followed, with a market share of *** percent. What is the role of investment banks? The main role of an investment bank is to assist companies, governments and other market participants in raising capital. The banks take on the role of transaction underwriters, making sure that the emission of bonds or stocks is executed optimally on both the buying and selling sides. It means that the prices of emitted securities are not too high or too low and that there are enough investors interested in the purchase of these securities. Investment banking activity also includes assistance in merger and acquisition transactions. The largest investment banks JPMorgan Chase and Goldman Sachs were the leading investment banks in the world in terms of generated revenues. Other leading investment banks were Morgan Stanley, Bank of America, and Citibank. JPMorgan generated revenue of roughly *** billion U.S. dollars in 2024.
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Bulgaria Commercial Banks: Market Share: EU Bank Subsidiaries data was reported at 71.500 % in Dec 2020. This records an increase from the previous number of 71.400 % for Sep 2020. Bulgaria Commercial Banks: Market Share: EU Bank Subsidiaries data is updated quarterly, averaging 72.200 % from Jun 2007 (Median) to Dec 2020, with 55 observations. The data reached an all-time high of 77.030 % in Sep 2008 and a record low of 61.500 % in Mar 2014. Bulgaria Commercial Banks: Market Share: EU Bank Subsidiaries data remains active status in CEIC and is reported by Bulgarian National Bank. The data is categorized under Global Database’s Bulgaria – Table BG.KB032: Commercial Banks: Market Share (Discontinued).
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Bulgaria Commercial Banks: Market Share: Non-EU Banks data was reported at 2.900 % in Dec 2020. This stayed constant from the previous number of 2.900 % for Sep 2020. Bulgaria Commercial Banks: Market Share: Non-EU Banks data is updated quarterly, averaging 2.070 % from Jun 2007 (Median) to Dec 2020, with 55 observations. The data reached an all-time high of 3.200 % in Jun 2019 and a record low of 1.200 % in Dec 2017. Bulgaria Commercial Banks: Market Share: Non-EU Banks data remains active status in CEIC and is reported by Bulgarian National Bank. The data is categorized under Global Database’s Bulgaria – Table BG.KB032: Commercial Banks: Market Share (Discontinued).
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The Global Open Banking Market is Segmented by Service Offering (Payment Initiation, Account Information Services, Data Aggregation & Enrichment, and More), End User (Retail Banking Customers, Smes, Corporate & Commercial Enterprises, and More), Distribution Channel (Bank Channels, App-Based Platforms, API Marketplaces), Deployment Model (Cloud, On-Premise, Hybrid), and Geography. The Market Forecasts are Provided in Value (USD).
In 2024, BBVA accumulated nearly ** percent of the banking industry's equity in Mexico, while Banamex's annual equity represented over ** percent of the market share. In that same year, BBVA concentrated over ** percent of the banking industry net income in the North American country.
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Private Banking Market in the United States Report is Segmented by Type (Asset Management Service, Insurance Service, Trust Service, Tax Consulting, and Real Estate Consulting) and Application (Personal and Enterprise). The Report Offers Market Sizes and Forecasts in Revenue (USD) for all the Above Segments.
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Core Banking Market Report is Segmented by Component (Solution and Services), Deployment Mode (On-Premise and Cloud), End-User (Banks, Financial Institutions, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America). The Market Sizes and Forecasts Regarding Value (USD) for all the Above Segments are Provided.
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Bulgaria Commercial Banks: Market Share: EU Bank Branches data was reported at 3.000 % in Dec 2020. This records a decrease from the previous number of 3.500 % for Sep 2020. Bulgaria Commercial Banks: Market Share: EU Bank Branches data is updated quarterly, averaging 4.100 % from Jun 2007 (Median) to Dec 2020, with 55 observations. The data reached an all-time high of 7.000 % in Dec 2014 and a record low of 2.200 % in Sep 2017. Bulgaria Commercial Banks: Market Share: EU Bank Branches data remains active status in CEIC and is reported by Bulgarian National Bank. The data is categorized under Global Database’s Bulgaria – Table BG.KB032: Commercial Banks: Market Share (Discontinued).
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The Challenger Banks Market in North America is Segmented by Service Type (loans, Mobile Banking, Checking & Savings Accounts, Payment & Money Transfer, and Others), End-User Type (business and Personal), and Country (USA and Canada). The Report Offers Market Size and Forecasts for the Challenger Banks in North America in Value (USD) for all the Above Segments.
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Bulgaria Commercial Banks: Market Share: Non-EU Bank Branches data was reported at 0.200 % in Dec 2020. This stayed constant from the previous number of 0.200 % for Sep 2020. Bulgaria Commercial Banks: Market Share: Non-EU Bank Branches data is updated quarterly, averaging 0.200 % from Jun 2007 (Median) to Dec 2020, with 55 observations. The data reached an all-time high of 0.990 % in Jun 2007 and a record low of 0.100 % in Jun 2020. Bulgaria Commercial Banks: Market Share: Non-EU Bank Branches data remains active status in CEIC and is reported by Bulgarian National Bank. The data is categorized under Global Database’s Bulgaria – Table BG.KB032: Commercial Banks: Market Share (Discontinued).
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Asia-Pacific Neo Banking Market can be segmented By Account Type, (Business Account, Saving Account), By Service(Mobile Banking, Payments, and Money Transfer, Loans, Others), By Application,(Enterprises, Personal, and Others), By Geography (China, India, Australia, Singapore, Hongkong, and the Rest of Asia-Pacific)
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The US Commercial Banking Market Report is Segmented by Product (Commercial Lending, Treasury Management, Syndicated Loans, Capital Markets, and Other Products), by Client Size (Large Enterprises, and Small & Medium Enterprises (SME)), by Channel (Online Banking and Offline Banking), and by End-User Industry Vertical (IT & Telecommunication, Manufacturing, and More). The Market Forecasts are Provided in Terms of Value (USD).
In 2024, BBVA accumulated more than ** percent of the total value of bank deposits in Mexico, making it the bank with the highest value of deposits. Banorte ranked second, with its deposits accumulating **** percent of all bank deposits that year.
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The global retail banking market is experiencing robust growth, driven by the increasing adoption of digital banking technologies, a rising demand for personalized financial services, and a burgeoning middle class in emerging economies. The market's expansion is further fueled by the proliferation of fintech solutions, offering innovative and competitive alternatives to traditional banking models. While regulatory changes and cybersecurity threats pose challenges, the overall trajectory points towards continued expansion. Considering a hypothetical CAGR of 7% (a reasonable estimate given the sector's historical growth), and a 2025 market size of (let's assume) $5 trillion, the market is projected to reach approximately $7.5 trillion by 2033. Key segments driving growth include mobile banking and personalized wealth management services. The competitive landscape is dominated by major international players like BNP Paribas, Citigroup, HSBC, ICBC, and JPMorgan Chase, but regional banks and fintech startups are also actively shaping the market's future. Geographic growth is uneven, with North America and Europe maintaining significant market share, while Asia-Pacific is poised for substantial expansion due to rapid economic growth and increasing financial inclusion. Sustained growth in the retail banking sector hinges on banks' ability to adapt to evolving customer expectations. This includes investing in robust digital infrastructure, developing personalized financial solutions tailored to individual customer needs, and enhancing cybersecurity measures to mitigate risks associated with digital transactions. Moreover, successful players will effectively navigate evolving regulatory landscapes and strategic partnerships to maintain competitiveness. The rise of open banking initiatives also presents opportunities and challenges, fostering greater collaboration but requiring banks to secure and manage data effectively. Emerging markets, particularly in Asia and Africa, represent vast untapped potential, demanding innovative approaches to reaching underserved populations and offering financial literacy programs.
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The European Challenger Banks Market is segmented by services offered (Payments, Savings Products, Current Account, Consumers Credits, Loans and Others), By end-user type (Business Segment and Personal Segment) and By Geography (UK, Germany, France, Italy, Spain, Netherlands, and Rest of Europe). The Market Size and Forecasts Are Provided in Terms of Value (USD Million) for All the Above Segments.
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[237+ Pages Report] The global Digital Banking market size is expected to grow from USD 7.9 trillion to USD 10.3 trillion by 2028, at a CAGR of 4.50% from 2022-2028
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The global online banking market size reached USD 4.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.1 Billion by 2033, exhibiting a growth rate (CAGR) of 3.6% during 2025-2033. The growing usage of artificial intelligence (AI) and automation, rising preferences for contactless technologies, including virtual cards and touchless payment systems, and increasing implementation of robust security measures to safeguard client data and financial transactions are some of the factors impelling the market growth.
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The US retail banking market, a sector characterized by intense competition and evolving customer expectations, is projected to experience steady growth. While the provided data lacks specific market size figures, a reasonable estimation can be made. Given a CAGR of 4% and a base year of 2025, we can infer substantial market value. The growth is driven by factors such as increasing digital adoption among consumers, the rise of fintech innovation pushing traditional banks to adapt, and the persistent demand for personalized financial products and services. This necessitates banks to invest heavily in technology, enhance customer experience through seamless digital platforms, and expand their product offerings to remain competitive. Furthermore, regulatory changes and evolving consumer financial behaviors contribute to market dynamism. Despite robust growth projections, the market faces challenges. These include increasing operational costs, stringent regulatory compliance requirements, and the potential for economic downturns to impact consumer spending and loan demand. The competitive landscape, with established giants like JPMorgan Chase & Co., Bank of America Corp., and Wells Fargo & Co. alongside emerging fintech players, necessitates strategic adaptation and innovation to maintain market share. Successful players will be those who can successfully balance profitability with customer-centric strategies, effectively leveraging technology to improve efficiency and enhance customer experience, while adhering to evolving regulatory frameworks. Segmentation within the market will continue to be vital, with specialized offerings targeting demographics and individual needs. Recent developments include: In May 2021, HSBC announced that it is exiting the retail and small business banking market in the United States, in line with its strategy to refocus on corporate and investment banking in Asia., In November 2020, Wells Fargo announced a new solution to help business customers eliminate paper checks by using one-time virtual card numbers to digitally pay invoices through the WellsOne Virtual Card Payments service.. Key drivers for this market are: Next generation technologies, Optimized physical distribution: Analytics and workforce fluidity; Developing an omnichannel workforce. Potential restraints include: Next generation technologies, Optimized physical distribution: Analytics and workforce fluidity; Developing an omnichannel workforce. Notable trends are: The Spending by Retail Banks for digital banking is increasing in US..
As of June 2024, JPMorgan Chase led the U.S. banking sector with approximately **** percent of total domestic deposits, closely followed by Bank of America at nearly ** percent. This distribution reflects the concentrated nature of the U.S. banking industry, where, despite thousands of commercial banks operating nationwide, the market is dominated by the top four institutions. The total value of deposits held at FDIC-insured commercial banks has decreased in recent years, amounting to ***** trillion U.S. dollars in 2023. The U.S. banking industry The banking industry in the United States accounts for tens of trillions of U.S. dollars in assets under management. While there are thousands of commercial banks in the country, the market is dominated by the largest four of these. This is particularly true when considering functions such as private and investment banking. Other measures This ranking presents the market share of domestic assets, but other measures give a slightly different picture. For example, looking at the value of total assets shows a higher market share in the hands of the top four firms. Apart from that, the revenue of leading commercial banks can also give a better idea of banks’ financial standing.