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.

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.

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.

Graph and download economic data for Deposits, Large Domestically Chartered Commercial Banks (DPSLCBM027SBOG) from Apr 1985 to Jun 2025 about large, deposits, domestic, banks, depository institutions, and USA.

Graph and download economic data for Total Assets, Large Domestically Chartered Commercial Banks (TLALCBM027SBOG) from Apr 1985 to Jun 2025 about large, domestic, assets, banks, depository institutions, and USA.

Dataset Summary

This dataset contains information about the largest banks globally, including their rank, name, and total assets (in US$ billion as of 2023). The data was scraped from Wikipedia's List of Largest Banks. It can be used for financial analysis, market research, and educational purposes.

Dataset Structure

Columns

• Rank: The rank of the bank based on total assets.
• Bank Name: The name of the bank.
• Total Assets (2023, US$ billion): The total assets of the bank in billions of US dollars as of 2023.

Example

Source

The data was scraped from Wikipedia's List of Largest Banks using Python and Scrapy.

Usage

This dataset can be used for: - Financial market research. - Trend analysis in global banking. - Educational purposes and data visualization.

Licensing

The data is publicly available under Wikipedia's Terms of Use.

Limitations

• The data may not reflect real-time changes as it was scraped from a static page.
• Possible inaccuracies due to updates or inconsistencies on the source page.

Acknowledgements

Thanks to Wikipedia and the contributors of the "List of Largest Banks" page.

Citation

If you use this dataset, please cite it as: @misc{largestbanks2023, author = {Your Name or Organization}, title = {Largest Banks Dataset}, year = {2023}, publisher = {Hugging Face}, url = {https://huggingface.co/datasets/your-dataset-name} }

JPMorgan Chase Bank reported the highest value of domestic deposits in the United States as of March 31, 2025. The value of total domestic deposits of JPMorgan Chase exceeded ************ U.S. dollars. Bank of America reported the second highest domestic deposits, with a value of around **** trillion U.S. dollars.

Graph and download economic data for Total Assets, All Commercial Banks (TLAACBW027SBOG) from 1973-01-03 to 2025-07-02 about assets, banks, depository institutions, and USA.

Graph and download economic data for Consumer Loans, Banks Ranked 1st to 100th Largest in Size by Assets (ACLT100) from Q1 1985 to Q1 2025 about assets, loans, consumer, banks, depository institutions, and USA.

In 2024, JPMorgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of over 177 billion U.S. dollars. Bank of America and Wells Fargo followed, with 101.9 and 82.3 billion U.S. dollars, respectively. These three banks were also the largest banks in terms of total assets in the United States that year. Commercial banking A commercial bank is a bank that offers financial services to private customers and companies, such as accepting deposits, checking services or loans. Commercial banks earn money through interest rates on the loans that they offer. Such rates are significantly higher than the interest rates paid to the bank customers for depositing their assets in a bank. This difference in rates is called net interest income, which is one of the leading indicators of bank performance. Commercial vs investment banks Some banks specialize only in commercial or investment banking, while some banks combine both divisions in their operations. Investment banks specialize in managing assets of their clients, underwriting securities or supervising merger and acquisition transactions.

The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 were the ***** and ****** largest bank failures in the United States since 2001 in terms of total assets lost. The only larger bank failures were those of Washington Mutual Bank in 2008 and First Republic Bank in May 2023. The loss of assets upon the failure of Silicon Valley Bank and Signature Bank was close to the total amount of assets lost in 2008, when ** banks collapsed.

As of January 2025, the largest all-time bankruptcy in the United States remained Lehman Brothers. The New York-based investment bank had assets worth 691 billion U.S. dollars when it filed for bankruptcy on September 15, 2008. This event was one of the major points in the timeline of the Great Recession, as it was the first time a bank of its size had failed and had a domino effect on the global banking sector, as well as wiping almost five percent of the S&P 500 in one day. Bank failures in the U.S. In March 2023, for the first time since 2021, two banks collapsed in the United States. Both bank failures made the list of largest bankruptcies in terms of total assets lost: The failure of Silicon Valley Bank amounted to roughly 209 billion U.S. dollars worth of assets lost, while Signature Bank had approximately 110.4 billion U.S. dollars when it collapsed. These failures mark the second- and the third-largest bank failures in the U.S. since 2001. Unprofitable banks in the U.S. The collapse of Silicon Valley Bank and Signature Bank painted an alarming picture of the U.S. banking industry. In reality, however, the state of the industry was much better in 2022 than in earlier periods of economic downturns. The share of unprofitable banks, for instance, was 3.4 percent in 2022, which was an increase compared to 2021, but remained well below the share of unprofitable banks in 2020, let alone during the global financial crisis in 2008. The share of unprofitable banks in the U.S. peaked in 2009, when almost 30 percent of all FDIC-insured commercial banks and savings institutions were unprofitable.

The H.8 release provides an estimated weekly aggregate balance sheet for all commercial banks in the United States. The release also includes separate balance sheet aggregations for several bank groups: domestically chartered commercial banks; large domestically chartered commercial banks; small domestically chartered commercial banks; and foreign-related institutions in the United States. Foreign-related institutions include U.S. branches and agencies of foreign banks as well as Edge Act and agreement corporations. Published weekly, the release is typically available to the public by 4:15 p.m. each Friday. If Friday is a federal holiday, then the data are released on Thursday.The H.8 release is primarily based on data that are reported weekly by a sample of approximately 875 domestically chartered banks and foreign-related institutions. As of December 2009, U.S. branches and agencies of foreign banks accounted for about 60 of the weekly reporters and domestically chartered banks made up the rest of the sample. Data for domestically chartered commercial banks and foreign-related institutions that do not report weekly are estimated at a weekly frequency based on quarterly Call Report data.

**** 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.

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.

Brazilian banks continued to dominate the Latin American financial landscape, with the top five largest banks by assets in 2024 all hailing from Brazil. Itaú Unibanco lead the pack with assets exceeding *** billion U.S. dollars, followed by Banco do Brasil and Banco Bradesco. This concentration of financial power in Brazil underscores the country's economic influence in the region, despite challenges faced by other Latin American economies.

HSBC Holdings maintained its position as the largest bank in the United Kingdom throughout the entire period from 2012 to 2024, despite experiencing a modest recovery in recent years. In 2024, HSBC's total assets reached approximately **** trillion British pounds, representing a slight decrease from the previous year. HSBC also ranked among the world's ten largest banks in terms of total assets. Which is the largest bank in Europe? Based on the high value of its total assets, HSBC positioned for many years as the largest bank in Europe. In 2023, HSBC was followed by two French banks, BNP Paribas and Crédit Agricole, whose total assets amounted to **** and **** trillion U.S. dollars, respectively. HSBC also dominates in market capitalization Rankings of banks can be constructed using multiple indicators. Market capitalization - the total dollar market value of a bank's outstanding shares - is frequently used to determine a bank's size. This is calculated by multiplying the current market price of one share by the total number of outstanding shares. In 2024, HSBC was the leading bank in Europe based on market capitalization.

In the first quarter of 2025, the five largest U.S. banks posted strong return on assets, with JPMorgan Chase leading the group at **** percent. Wells Fargo and U.S. Bancorp followed closely, also delivering solid ROA figures.

U.S. commercial banks, bank holding companies, including financial holding companies, and Edge Act and agreement corporations (U.S. banks) are required to file the FR 2502q reporting form for their large branches and banking subsidiaries that are located in the United Kingdom or the Caribbean.

Graph and download economic data for Commercial and Industrial Loans, Banks Ranked 1st to 100th Largest in Size by Assets (ACILT100) from Q1 1985 to Q1 2025 about commercial, assets, loans, banks, depository institutions, industry, and USA.