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.
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.
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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… See the full description on the dataset page: https://huggingface.co/datasets/iamramzan/Largest-Banks.
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Graph and download economic data for Total Assets, Large Domestically Chartered Commercial Banks (TLALCBW027SBOG) from 1985-04-03 to 2025-07-09 about large, domestic, assets, banks, depository institutions, and USA.
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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.
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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.
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Graph and download economic data for Total Assets, All Commercial Banks (TLAACBW027SBOG) from 1973-01-03 to 2025-07-09 about assets, banks, depository institutions, and USA.
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.
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.
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.
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 the second quarter of 2024, JPMorgan Chase had the highest risk-weighted assets (RWA) among the ** largest banks in the United States, totaling approximately *** trillion U.S. dollars. Risk-weighted assets are used to calculate important capital ratios, such as the common equity tier * (CET1) capital ratio, which is determined by dividing a bank's tier * capital by its total risk-weighted assets. TD Bank, which had the highest CET1 capital ratio in the U.S. during the same period, reported risk-weighted assets of ****** billion U.S. dollars.
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United States Large Domestic Banks: Weekly: Total Assets data was reported at 9,903.353 USD bn in 17 Jul 2019. This records an increase from the previous number of 9,869.162 USD bn for 10 Jul 2019. United States Large Domestic Banks: Weekly: Total Assets data is updated weekly, averaging 3,789.942 USD bn from Apr 1985 (Median) to 17 Jul 2019, with 1790 observations. The data reached an all-time high of 9,926.784 USD bn in 03 Jul 2019 and a record low of 1,573.070 USD bn in 24 Apr 1985. United States Large Domestic Banks: Weekly: 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.
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Graph and download economic data for Consumer Loans, Banks Not Among the 100 Largest in Size by Assets (ACLOB) from Q1 1985 to Q1 2025 about assets, loans, consumer, banks, depository institutions, and USA.
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United States Dom Banks: Wkly: sa: Deposits: Large Time data was reported at 910.188 USD bn in 11 Jul 2018. This records a decrease from the previous number of 913.917 USD bn for 04 Jul 2018. United States Dom Banks: Wkly: sa: Deposits: Large Time data is updated weekly, averaging 372.227 USD bn from Jan 1973 (Median) to 11 Jul 2018, with 2376 observations. The data reached an all-time high of 1,165.033 USD bn in 29 Oct 2008 and a record low of 90.848 USD bn in 03 Jan 1973. United States Dom Banks: Wkly: sa: Deposits: Large Time data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB005: Balance Sheet: Commercial Banks: Domestic Chartered Commercial Banks: Weekly.
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.
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United States Commercial Banks: PC: sa: Deposits: Large Time data was reported at 6.200 % in Sep 2018. This records an increase from the previous number of 2.600 % for Jun 2018. United States Commercial Banks: PC: sa: Deposits: Large Time data is updated quarterly, averaging 6.700 % from Jun 1973 (Median) to Sep 2018, with 182 observations. The data reached an all-time high of 38.000 % in Dec 1999 and a record low of -38.200 % in Sep 2011. United States Commercial Banks: PC: sa: Deposits: Large Time 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: Percentage Change. Growth rates are based on the data adjusted for structural and accounting rule changes. Ratio method has been used to fine-tune the data which greatly exaggerates the levels in the earlier years. Ratio method is not applicable on January 1958 data of total assets and liabilities resulting to a huge growth on First Quarter of 1958.
The Federal Reserve Board compiles quarterly data on domestically chartered insured commercial banks that have consolidated assets of $300 million or more and releases the data about twelve weeks after the end of each quarter. The data are obtained from the Consolidated Reports of Condition and Income filed quarterly by banks (FFIEC 031 and 041) and from other information in the Board's National Information Center database. Banks that are located in U.S. territories and possessions are not included in the table.
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Graph and download economic data for Large Time Deposits, All Commercial Banks (LTDACBW027NBOG) from 1973-01-03 to 2025-07-09 about large, deposits, banks, depository institutions, and USA.
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United States - Total Assets, Large Domestically Chartered Commercial Banks was 11.50000 % Chg. at Annual Rate in April of 2025, according to the United States Federal Reserve. Historically, United States - Total Assets, Large Domestically Chartered Commercial Banks reached a record high of 61.70000 in March of 2020 and a record low of -23.50000 in July of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, Large Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on June of 2025.
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.