As of March 2024, JPMorgan Chase Bank was the largest bank in the United States by the number of branches, with ***** branches nationwide. It was followed by Wells Fargo Bank, which operated ***** branches, and Bank of America, with ***** branches. For context, Wells Fargo had approximately three times the number of branches as Lloyds Bank, the leading British bank by branch count. Is the U.S. banking sector stable? The stability of the U.S. banking sector has improved steadily since the aftermath of the 2008 financial crisis. The share of non-performing loans held by U.S. banks has consistently decreased over time. As of the first quarter of 2024, all four of the largest U.S. banks—Wells Fargo, JPMorgan Chase, Bank of America, and Citigroup—maintained a Common Equity Tier 1 (CET1) capital ratio well above the Basel-III minimum requirement of *** percent. The CET1 capital ratio, which measures a bank’s core capital against its risk-weighted assets, is a key indicator of a bank's financial strength and resilience. Digital banking in the U.S. With the rise of digital services, many traditional banking functions can now be performed online, reducing the need for a physical presence. Since 2009, the number of bank branches in the United States has steadily declined as consumers increasingly rely on digital banking solutions. This trend accelerated during the COVID-19 pandemic, with more Americans turning to online banking for convenience and cost-effectiveness.

As of September 2024, Agribank had 2,300 branches and transaction offices across Vietnam, making it the bank with the most branches in the country. Agribank, also known as the Vietnam Bank for Agriculture and Rural Development, is a state-owned bank headquartered in Ha Noi, Vietnam.

The widespread adoption of online banking, offering unprecedented speed and convenience, has dramatically reduced the importance of physical bank branches. This shift is particularly evident among the UK's "big four" banks - Barclays, Lloyds, HSBC, and NatWest. Between 2017 and 2024, Barclays, Lloyds, and NatWest closed more than ***** branches nationwide, while their major competitors also implemented substantial branch closure programs. This marked decline in physical locations reflects the banking sector's increasing pivot toward digital services. Does the closure of branches affect employment? The impact of bank branch closures extends beyond customer inconvenience in rural and regional areas. The human cost has been particularly severe, with significant job losses across the banking sector. The number of employees in European credit institutions decreased by approximately ******* between 2009 and 2023, with UK banks contributing heavily to this decline. Two striking examples are Lloyds and NatWest Group, both of which reduced their workforce by nearly half between 2012 and 2023, highlighting the dramatic transformation of traditional banking employment. Key reasons behind closures While the decline of physical bank branches is frequently attributed to the growing popularity of digital banking - with most UK account holders now favoring mobile and online services over in-person banking - this only tells part of the story. Branch closures also represent a strategic cost-cutting measure as banks face increasing pressure on profit margins. This downsizing aligns with broader regulatory requirements for European banks to maintain stronger capital reserves, a safeguard implemented to prevent future financial crises.

The average for 2021 based on 14 countries was 123 bank branches. The highest value was in Saudi Arabia: 1501.22 bank branches and the lowest value was in Palestine: 0.52 bank branches. The indicator is available from 2004 to 2021. Below is a chart for all countries where data are available.

As of November 2024, Banco Bradesco had a total of ***** branches in Brazil, the highest among all banks in the country. It was followed by Caixa Economica Federal, with ***** branches. Banco Santander ranked third, with ***** branches across the country. In 2024, all of these banks were among the most valuable banking brands in Brazil.

Graph and download economic data for Number of Bank Branches for United States (DDAI02USA643NWDB) from 2004 to 2019 about banks, depository institutions, and USA.

As of June 2020, Ghana Commercial Bank (GCB) had *** branches across Ghana, leading in the count among financial institutions the country. This was followed by Consolidated Bank Ghana Limited and Agricultural Development Bank (ADB) Limited with *** and ** branches, respectively. Overall in Ghana, **** percent of the population aged 15 years and older owned a bank account.

The number of FDIC-insured commercial bank branches increased in 2023 for the first time since 2012. At the end of the year, there were 69,997 branches in the country, up from 69,905 a year earlier. In 2024, the downward trend observed prior to 2023 continued, with bank branches dropping to 68,632. After a period of growth from 2000 to 2008, the number of bank branches has been slowly diminishing. In 2024, JPMorgan Chase led the ranking of banks with the highest number of branches. What does the FDIC do? The FDIC (Federal Deposit Insurance Corporation) is an agency created by the United States Congress that guarantees the deposits in commercial banks up to 250,000 U.S. dollars. This protects depositors if the bank becomes insolvent. It also enables banks to issue more loans, since depositors may prefer banks that are insured by the FDIC. Trends in the banking industry While the number of branches has stayed relatively stable, the number of FDIC-insured commercial banks has declined in recent years. At the same time, online banking adoption has surged and is expected to grow even further. Some of the country's leading digital banks now serve over 10,000 users.

The average for 2021 based on 12 countries was 34.41 bank branches. The highest value was in Sweden: 224.79 bank branches and the lowest value was in the Netherlands: 5.45 bank branches. The indicator is available from 2004 to 2021. Below is a chart for all countries where data are available.

As of March 2024, Sumitomo Mitsui Banking Corporation had *** branches and sub-branches in Japan and overseas. Sumitomo Mitsui Banking Corporation is one of five city banks that together operate over *** thousand branches. To cut costs, many banks in Japan have announced plans to reduce the number of bank branches in the coming years.

Series Name: Number of commercial bank branches per 100 000 adultsSeries Code: FB_CBK_BRCHRelease Version: 2020.Q2.G.03 This dataset is the part of the Global SDG Indicator Database compiled through the UN System in preparation for the Secretary-General's annual report on Progress towards the Sustainable Development Goals.Indicator 8.10.1: (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adultsTarget 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for allGoal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allFor more information on the compilation methodology of this dataset, see https://unstats.un.org/sdgs/metadata/

The Foreign Banks industry includes domestic subsidiaries of foreign banks and branches of foreign banks, which have grown over the past few years as soaring interest rates contributed to a sharp revenue rise. The Reserve Bank of Australia (RBA) maintained a relatively low cash rate over the past decade – especially in response to the pandemic – to stimulate economic activity. The low cash rate environment hampered foreign banks' revenue in the three years through 2021-22. In May 2022, this all changed when inflation rose quickly, leading to the fastest and largest hike cycle on record. These trends ensured a revenue explosion in the two years through 2023-24, especially after a decade of cheap money drove extensive private and corporate borrowing in Australia. Overall, industry revenue is expected to grow at an annualised 11.8% over the five years through 2024-25, to $45.6 billion. This includes an anticipated decline of 8.8% in 2024-25 as the RBA cut rates. Foreign banks are typically less exposed than domestic banks to the residential lending market and depend more on commercial lending because of the high number of foreign bank branches, with the noted exception of HSBC Bank, which has substantially grown its mortgage books over the past few years. Meanwhile, foreign bank branches increasingly lent to corporate clients despite a highly competitive market. These long-term trends allowed industry profit margins to heighten. Yet, as interest rates surged in 2022, so did foreign banks’ funding expenses. This weighed on profit’s proportion of revenue despite net earnings growth. Australian foreign banks’ outlook is more mixed over the coming years as interest rates gradually drop. Foreign banks are set to shift their focus towards ESG offerings like responsible lending, to satisfy consumer demand for green loans. In response to the fierce competition from lenders, including non-banks and fintech firms, foreign banks are set to splurge on technology to remain relevant. Funding costs will start easing as interest rates decline, causing profit margins to rebound. Overall, revenue is forecast to fall at an annualised 3.8% over the five years through 2029-30, to $37.8 billion.

Graph and download economic data for Average Loan Size for More than 365 Days, Moderate Risk, U.S. Branches and Agencies of Foreign Banks (DISCONTINUED) (EALMXFBNQ) from Q2 1998 to Q2 2017 about moderate risk, 365 days +, agency, foreign, loans, banks, depository institutions, and USA.

Forecast: Number of Commercial Bank Branches in France 2022 - 2026 Discover more data with ReportLinker!

Graph and download economic data for Percent of Value of Loans Made Under Participation or Syndication for More than 365 Days, U.S. Branches and Agencies of Foreign Banks (DISCONTINUED) (EFLXFBNQ) from Q3 2012 to Q2 2017 about syndication, 365 days +, foreign, participation, percent, loans, banks, depository institutions, and USA.

Forecast: Number of Commercial Bank Branches in the US 2022 - 2026 Discover more data with ReportLinker!

Norway: Bank branches per 100,000 people: The latest value from 2017 is 5.5 bank branches, a decline from 6.16 bank branches in 2016. In comparison, the world average is 31.27 bank branches, based on data from 168 countries. Historically, the average for Norway from 2005 to 2017 is 9.81 bank branches. The minimum value, 5.5 bank branches, was reached in 2017 while the maximum of 12.31 bank branches was recorded in 2007.

The largest German bank with the most extensive branch network in 2021 was Deutsche Bank AG, headquartered in Frankfurt am Main, with ***** branches, followed by Commerzbank AG, with *** branches.

Characteristic for the German banking industry is its three-layered structure. This means the strict separation into the cooperative banks (eg DZ Bank, WGZ Bank), public law institutions (i.e. KfW Bank and Landesbanken, with only local branches, such as i.e. Haspa Savings Bank, which is only present in the region of Hamburg) as well as private commercial banks (eg Deutsche Bank, Commerzbank, Unicredit Bank), present throughout the whole country and internationally.

Forecast: Number of Commercial Bank Branches in Germany 2022 - 2026 Discover more data with ReportLinker!

In 2023, the number of commercial bank branches in Sweden remained nearly unchanged at around ***** branches per 100,000 adults. But still, the number of commercial bank branches reached its lowest value of the observation period in 2023. A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. They make money from a variety of fees and by earning interest income from loans. A bank branch is a physical location of a banking corporation.Find more statistics on other topics about Sweden with key insights such as number of automated teller machines (ATMs), broad money annual growth rate, and ratio of bank capital and reserves to total assets.