In 2024, the Industrial and Commercial Bank of China (ICBC) was the world's largest bank by total assets, reaching nearly 6.7 trillion U.S. dollars. The next three largest banks were also based in China: the Agricultural Bank of China, China Construction Bank, and Bank of China. The largest non-Chinese bank that year was JPMorgan Chase, with total assets exceeding four trillion U.S. dollars. Largest bank by market capitalization The value of total assets is a common measure of a bank's prosperity, and is defined as all assets owned by the bank. Another common indicator is the bank's market capitalization, which is used to determine the size of the bank. The market capitalization is the market price of one share multiplied by the number of shares outstanding. Ranked by market capitalization instead of total assets, JPMorgan Chase was the largest bank in the world in 2024, while ICBC ranked third. How do digital banks compare? Digital banks have surged in popularity over the past decade, attracting millions of customers with their convenient mobile interfaces, lower fees, and innovative financial products. Despite this impressive user growth, their financial footprint remains dwarfed by traditional banking institutions. A prime example is WeBank, which despite boasting approximately 400 million users - making it the world's largest digital bank by customer count - managed total assets of only about 74 billion U.S. dollars in 2023.

Bank Rankings by Total Assets

Tracking the Financial Performance of the Top Banks

By Arthur Keen [source]

About this dataset

This dataset contains the top 100 global banks ranked by total assets on December 31, 2017. With a detailed list of key information for each bank's rank, country, balance sheet and US Total Assets (in billions), this data will be invaluable for those looking to research and study the current status of some of the world's leading financial organizations. From billion-dollar mega-banks such as JP Morgan Chase to small, local savings & loans institutions like BancorpSouth; this comprehensive overview allows researchers and analysts to gain a better understanding of who holds power in the world economy today

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How to use the dataset

This dataset contains the rank and total asset information of the top 100 global banks as of December 31, 2017. It is a useful resource for researchers who wish to study how key financial institutions' asset information relate to each other across countries.

Using this dataset is relatively straightforward – it consists of three columns - rank (the order in which each bank appears in the list), country (the country in which the bank is located) and total assets US billions (the total value expressed in US dollars). Additionally, there is a fourth column containing the balance sheet information for each bank as well.

In order to make full use of this dataset, one should analyse it by creating comparison grids based on different factors such as region, size or ownership structures. This can provide an interesting insight into how financial markets are structured within different economies and allow researchers to better understand some banking sector dynamics that are particularly relevant for certain countries or regions. Additionally, one can compare any two banks side-by-side using their respective balance sheets or distribution plot graphs based on size or concentration metrics by leverage or other financial ratios as well.

Overall, this dataset provides useful resources that can be put into practice through data visualization making an interesting reference point for trends analysis and forecasting purposes focusing on certain banking activities worldwide

Research Ideas

• Analyzing the differences in total assets across countries. By comparing and contrasting data, patterns could be found that give insight into the factors driving differences in banks’ assets between different markets.

• Using predictive models to identify which banks are more likely to perform better based on their balance sheet data, such as by predicting future profits or cashflows of said banks.

• Leveraging the information on holdings and investments of “top-ranked” banks as a guide for personal investments decisions or informing investment strategies of large financial institutions or hedge funds

Acknowledgements

If you use this dataset in your research, please credit the original authors. Data Source

License

License: Dataset copyright by authors - You are free to: - Share - copy and redistribute the material in any medium or format for any purpose, even commercially. - Adapt - remix, transform, and build upon the material for any purpose, even commercially. - You must: - Give appropriate credit - Provide a link to the license, and indicate if changes were made. - ShareAlike - You must distribute your contributions under the same license as the original. - Keep intact - all notices that refer to this license, including copyright notices.

Columns

File: top50banks2017-03-31.csv | Column name | Description | |:----------------------|:------------------------------------------------------------------------| | rank | The rank of the bank globally based on total assets. (Integer) | | country | The country where the bank is located. (String) | | total_assets_us_b | The total assets of a bank expressed in billions of US dollars. (Float) | | balance_sheet | A snapshot of banking activities for a specific date. (Date) |

File: top100banks2017-12-31.csv | Column name | Description | |:----------------------|:--------------------------------------------...

France's banking sector continued to be dominated by traditional powerhouses in 2024, with BNP Paribas leading the pack. The bank's total assets reached an impressive 2.8 trillion U.S. dollars, solidifying its position as the largest bank in France. Crédit Agricole followed closely behind with 2.69 trillion U.S. dollars in assets, while Groupe BPCE and Société Générale rounded out the top four with assets exceeding 1.5 trillion U.S. dollars each. Financial performance and market presence BNP Paribas' leadership extends beyond total assets. The bank's market capitalization also saw substantial growth, reaching 79.3 billion euros in January 2024. This financial strength is further reflected in BNP Paribas' brand value, which exceeded 14 billion U.S. dollars in 2025, making it the most valuable French banking brand globally. Digital banking revolution While traditional banks maintain their dominance, the French banking landscape is experiencing a digital transformation. BoursoBank, a subsidiary of Société Générale, has emerged as the leading digital bank in France with 6.3 million customers in 2024. This growth aligns with the increasing penetration of online banking in France, which reached 72 percent in 2024, surpassing the EU average.

The “big four banks” in the United States are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks are not only the largest in the United States, but also rank among the top banks worldwide by market capitalization, with JPMorgan Chase being the most valuable bank in the world. Total assets of banks As the largest bank in the United States, JPMorgan Chase had total assets worth close to *** trillion U.S. dollars as of December 2024. Despite being the bank with the highest market capitalization in the world, the bank ranked only fifth in terms of total assets worldwide, while the top four positions were all held by Chinese banks. Stability in the banking sector in the United States In the third quarter of 2024, all the "big four" banks in the United States maintained a common equity tier 1 (CET1) capital ratio significantly above the required minimum of *** percent. JPMorgan Chase reported a CET1 ratio of ***** percent. Meanwhile, the highest CET1 ratio among U.S. banks during this period was ***** percent, achieved by TD Bank, the tenth-largest bank in the country in 2024.

As of March 2024, Bangkok Bank was the largest bank in Thailand, with total assets of around **** trillion Thai baht. Other leading banks in terms of total assets were Kasikorn Bank and Krungthai Bank, which were also considered Thailand's leading commercial banks. Thailand’s banking market Despite Bangkok Bank being the largest in terms of total assets, other leading banks in Thailand also include Kasikorn Bank, Bangkok Bank, and Siam Commercial Bank which leads the banking market in terms of net profit. Despite the vast array of financial products and services offered by the major banks, the financial health of these commercial banks is largely determined through the quality of a bank’s loans, which is ultimately driven by the size of non-performing loans. Despite the recent COVID-19 pandemic, banks in Thailand have managed to maintain the quality of their loans through the issuance of soft loans and debt restructuring. Towards digital banking Driven by the high number of mobile phone subscribers and internet penetration rate in Thailand, financial activities have continued to evolve to accommodate more digital platforms. The leading banks in Thailand have now implemented diverse mobile applications and websites to cater for the widening range of online financial activities. In 2017, the Bank of Thailand together with the ministry of finance introduced PromptPay as an easy way to transfer money digitally by using the user’s phone number. Ever since its release, the platform has continuously contributed to the constant rise in Thailand’s digital banking scene.

**** was the largest bank in the United Kingdom in 2024, boasting total assets of over ************** U.S. dollars. As of 2024, **** was also the largest bank in Europe, and it stood as one of the global banking industry's leading institutions. Barclays held the second highest value of assets in the UK, followed by Lloyds. Market capitalization of the banking sector in Europe and the UK A different measure, frequently employed to determine the size of a bank, is market capitalization, or the total dollar market value of a company's outstanding shares. Market capitalization is calculated from the current market price of one share and the number of shares outstanding for a company. In 2024, **** was the largest bank in terms of market capitalization trading on the London Stock Exchange and overall in Europe. What does HSBC do? HSBC is a British multinational bank and financial services institution headquartered in London, United Kingdom. The bank serves customers with commercial banking, global private banking, global banking and markets, and personal financial services. The largest geographical region of the bank, in terms of revenue generation, is Asia. At the end of 2024, the bank had roughly ******* employees around the world.

In 2024, the value of the Industrial and Commercial Bank of China's assets amounted to **** trillion U.S. dollars. The bank was not only the largest bank in China but also the largest bank in the world. When the bank went public in Hong Kong, it was the most valuable IPO in history at the time. Banking industry in China As one of the world’s largest players, the Chinese banking industry documented an increase in total assets, reaching around *** trillion yuan in 2023. Although the banking sector in China developed as a state-owned and policy-driven industry in the early opening up and reforming period, today, it has evolved into a more diversified and competitive market. Most of the leading state-owned banks, such as the Industrial and Commercial Bank of China, were restructured into joint-stock companies in the early 2000s, while a growing body of commercial banks started their operations on a regional level. In addition, more and more banks specialize in segmented areas. For instance, Ping An Bank grew the fastest as a private banking service provider, partly due to synergies with its well-established insurance business. Furthermore, the rapid-expanding internet economy allowed for the rise of non-physical banks like WeBank, which is backed by Tencent and China Zheshang Bank. A thriving yet chaotic digital payments market China’s financial industry is an early adopter of new technologies and innovations, and the fintech-empowered digital payments market in China is one of the fiercest battlefields in this sector. Companies with the most impressive performances are the third-party payment service operators backed by internet tycoons such as WeChat Pay and Alipay. Both had a user base of over *********** as of 2025. Confronted with the increasing threat of non-bank channel payments, traditional commercial banks have been pushing forward their digitalization transition. As of November 2024, monthly active app users of the Industrial and Commercial Bank amounted to almost ** million.

As of March 2024, MUFG Bank was the leading city bank in Japan, with total assets amounting to close to 323.9 trillion Japanese yen. Sumitomo Mitsui Banking Corporation followed with total assets of 272.3 trillion yen. City banks Commercial banks in Japan are regulated under the banking act and supervised by the Financial Services Agency (FSA), Japan’s primary financial regulator. There are a large number of banks in Japan, including five city banks and over 100 different regional banks.City banks, the commercial banking units of the three megabanks, MUFG Bank, Sumitomo Banking Corporation, and Mizuho Bank, are among the largest financial institutions in Japan and operate nationwide through a network of branches in major cities. They offer a wide range of financial services domestically and globally and do business with major corporations in Japan. Regional banks Unlike city banks, which belong to the largest banks in the world, Japanese regional banks focus on the domestic market. Regional banks are smaller than city banks and usually operate in the region where they are headquartered. They offer financial services to local individual customers and small and mid-sized enterprises. For historical reasons, regional banks are divided into regional banks I and II. Both types of banks fulfill the same functions, but are members of different associations. This is because most regional banks II are former mutual banks that have become ordinary commercial banks.

Graph and download economic data for 5-Bank Asset Concentration for Canada (DDOI06CAA156NWDB) from 2000 to 2021 about Canada, assets, banks, and depository institutions.

In 2024, Itaú Unibanco was the largest bank in Brazil based on total assets, with total assets exceeding *** billion U.S. dollars. Banco do Brasil ranked second, with assets amounting to approximately ***** billion U.S. dollars. The total value of assets of Brazilian banks added up to roughly *** trillion U.S. dollars in 2023, a figure that has been consistently increasing since 2002. Brazilian banking network Brazil was the country with the highest number of bank branches in Latin America, with ***** branches in 2023. However, in terms of accessibility, the South American country lags some regional counterparts. In 2023, the density of bank branches in Brazil reached only ** per 100,000 adults; in comparison to ** bank branches per 100,000 adults in Mexico. Digital banks in Brazil With the use of financial technology increasing around the world, online banking is becoming ever more popular, and the Brazilian market is no exception. In fact, Brazil is home to one of the leading digital banks worldwide, Nubank. Nubank's active users increased sharply in 2024, exceeding ** million, and its operating revenue reached over ** billion U.S. dollars.

Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data was reported at 34.250 % in Dec 2024. This records a decrease from the previous number of 34.290 % for Sep 2024. Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data is updated quarterly, averaging 39.110 % from Dec 1998 (Median) to Dec 2024, with 105 observations. The data reached an all-time high of 91.300 % in Dec 1998 and a record low of 33.060 % in Sep 2019. Albania Banks Concentration: Two Largest Banks Weight: in % of Total Deposits data remains active status in CEIC and is reported by Bank of Albania. The data is categorized under Global Database’s Albania – Table AL.KB033: Banks Concentration Indicators.

The total assets of the British bank HSBC increased considerably between 2007 and 2024, despite some fluctuation. In 2024, the total assets of the HSBC bank exceeded three trillion U.S. dollars, which was a slight decline compared to the previous year. Overall, HSBC's assets increased steadily between 2016 and 2024, reflecting the bank's overall financial strength despite changing global market conditions. HSBC - additional information HSBC Holdings plc is a British multinational bank and financial services organization based in London, United Kingdom. The company is a parent of the Hong Kong and Shanghai Banking Corporation Limited, which was founded by Scotsman Sir Thomas Sutherland in 1865. Due to its history, HSBC sees both the Hong Kong and United Kingdom as its home markets and has a dual primary listing on both London and Hong Kong Stock Exchange. The holding company is also counted among the largest banks in the world based on market capitalization, with a total market cap of 176 billion U.S. dollars in 2024.Despite being among the largest banks in the world, HSBC was not listed as one of the most valuable banking brands worldwide in 2024, but remained among the leading banking brands in the United Kingdom.

Switzerland Minimum Reserves: Required Assets: Big Banks data was reported at 4,266.360 CHF mn in Sep 2018. This records an increase from the previous number of 4,256.693 CHF mn for Aug 2018. Switzerland Minimum Reserves: Required Assets: Big Banks data is updated monthly, averaging 4,032.918 CHF mn from Jan 2005 (Median) to Sep 2018, with 165 observations. The data reached an all-time high of 4,551.241 CHF mn in Oct 2012 and a record low of 3,158.709 CHF mn in Jun 2009. Switzerland Minimum Reserves: Required Assets: Big Banks data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.KA006: Minimum Required Reserves. Required Assets are 2.5% of the average of the relevant liabilities at the end of the three months preceding the reporting period.

Deutsche Bank had the largest amount of total assets among German banks as of 2021. Other leading institutions included the DZ Bank and KfW. All of them are headquartered in Frankfurt. Deutsche Bank is the largest bank in the country, totaling over 1.32 trillion euros in assets.

Bank assets

Germany is Europe’s largest economy, housing several banks of international importance which look back on a long history. By definition, assets are owned and have value. Banks hold assets in a variety of forms. The first one that undoubtedly comes to mind is cash; others include share certificates, consumer loans, equipment, property or land. These are further classified based on whether they bring value within a specified time period or not. While Deutsche Bank was ahead in Germany, it is worth noting that asset sums decreased in recent years.

Leadership challenges

Deutsche Bank is among the largest banks in the world as of 2021, based on assets, ranking 22nd in a list published by S&P Global. It also ranks among the ten leading banks in Europe, also referring to total assets. Future asset development, as for many banks around the world, is facing new pressure due to the continued effects of the coronavirus (COVID-19) pandemic and climbing inflation levels.

United States Large Dom Banks: Weekly: sa: Total Assets data was reported at 9,952.500 USD bn in 17 Jul 2019. This records an increase from the previous number of 9,889.325 USD bn for 10 Jul 2019. United States Large Dom Banks: Weekly: sa: Total Assets data is updated weekly, averaging 3,786.242 USD bn from Apr 1985 (Median) to 17 Jul 2019, with 1790 observations. The data reached an all-time high of 9,952.500 USD bn in 17 Jul 2019 and a record low of 1,500.067 USD bn in 03 Apr 1985. United States Large Dom Banks: Weekly: sa: Total Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB034: Balance Sheet: Commercial Banks: Large Domestic Chartered Banks.

United States Large Dom Banks: sa: Other Assets data was reported at 992.717 USD bn in Jun 2019. This records an increase from the previous number of 974.733 USD bn for May 2019. United States Large Dom Banks: sa: Other Assets data is updated monthly, averaging 345.019 USD bn from Apr 1985 (Median) to Jun 2019, with 411 observations. The data reached an all-time high of 1,117.838 USD bn in Oct 2010 and a record low of 78.269 USD bn in Sep 1985. United States Large Dom Banks: sa: Other Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB035: Balance Sheet: Commercial Banks: Large Domestic Chartered Banks: Monthly.

As of December 2024, BBVA led the ranking of largest banks in Mexico, with total assets amounting to over *** billion U.S. dollars. It was followed by Banorte, with total assets worth over *** billion U.S. dollars. Banco Santander ranked third, followed by Citibanamex and HSBC. Digital banking in Mexico Digital banking in Mexico experienced significant growth in recent years, offering convenience and accessibility to a large portion of the population. In 2024, there were a total of ** digital banks in the country, almost twice as many as five years before. The most popular digital banks include Nubank, Ualá, and Klar. Fintech’s future and presence in Mexico Fintech, or financial technology, aims to update and enhance financial services for corporations as well as consumers. The number of fintech users in Mexico is forecast to increase consistently in the future., with the digital payment segment accumulating the largest user base. This coincides with the dominance of the payment and remittances segment of fintech in 2024: There were *** fintech companies operating in the payment and remittances sectors, making it one of the leading segments for the nation’s fintech sector.

Laos Commercial Banks (CB): Total Assets data was reported at 455,953.961 LAK bn in Dec 2024. This records an increase from the previous number of 441,497.677 LAK bn for Nov 2024. Laos Commercial Banks (CB): Total Assets data is updated monthly, averaging 163,071.451 LAK bn from Dec 2016 (Median) to Dec 2024, with 97 observations. The data reached an all-time high of 456,074.640 LAK bn in Aug 2024 and a record low of 113,156.980 LAK bn in Dec 2016. Laos Commercial Banks (CB): Total Assets data remains active status in CEIC and is reported by Bank of the Lao PDR. The data is categorized under Global Database’s Laos – Table LA.KB009: Commercial Bank Assets.

In 2024, the brand value of HSBC amounted to 19.56 billion U.S. dollars, up from 16.71 billion dollars a year earlier. A global giant in the banking and financial services sector: HSBC With roots dating back to 1865, The Hongkong and Shanghai Banking Corporation – known as HSBC Holdings and headquartered in London – ranked seventh among the largest banks worldwide by assets as of December 2023. The bank's total assets reached approximately 2.92 trillion dollars. For comparison, the largest bank in the world, the Industrial and Commercial Bank of China (ICBC), had a total assets of 6.3 trillion dollars. Furthermore, the banking brand ranked second among the leading UK brands worldwide by brand value in 2023. Only telecom giant Vodafone's brand value was higher that year. Status quo of the banking industry in Europe Despite some exceptional years, the banking industry's total assets in the European Union (EU) decreased between 2015 and 2023. The ranking, which excludes the United Kingdom since 2020, showed that the value of the industry's assets stood at approximately 27.14 trillion euros as of the fourth quarter of 2024. In early 2015, it exceeded 33 trillion euros. Meanwhile, the number of banks in the EU continued to follow a downward trend between 2008 and 2022.

The USA: Bank concentration: percent of bank assets held by top three banks: The latest value from 2021 is 38.4 percent, a decline from 39.28 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for the USA from 2000 to 2021 is 33.9 percent. The minimum value, 21.45 percent, was reached in 2000 while the maximum of 42.29 percent was recorded in 2015.