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 2025, JPMorgan Chase had the highest value of deposits across all FDIC-insured institutions in the United States. JPMorgan Chase's value of deposits amounted to roughly *** trillion U.S. dollars, which was followed by Bank of America, with deposits just above *** trllion U.S. dollars. Wells Fargo and Citibank followed, both with deposits well over *** trillion U.S. dollars.

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.

Graph and download economic data for Total Assets, All Commercial Banks (TLAACBW027SBOG) from 1973-01-03 to 2025-07-23 about assets, banks, depository institutions, and USA.

As of the fourth quarter of 2022, Capital One, Citizens Bank, and PNC had the highest share of deposits below ******* U.S. dollars as a percentage of total deposits among the observed banks. Both Silicon Valley Bank (SVB) and Signature Bank had a disproportionately low share of deposits less than ******* U.S. dollars. As deposits below ******* U.S. dollars are typically insured by the Federal Deposit Insurance Corporation (FDIC), this means that both of these banks were highly exposed to risk of a bank run. The collapse of SVB and Signature Bank in March 2023 were among the largest bank failures in U.S. bank history.

United States - Total Assets, Interest-Earning, All Loans and Leases, Gross, Consumer Loans, Other, Banks Ranked 1st to 100th Largest in Size by Assets was 692921.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Total Assets, Interest-Earning, All Loans and Leases, Gross, Consumer Loans, Other, Banks Ranked 1st to 100th Largest in Size by Assets reached a record high of 888798.00000 in April of 2022 and a record low of 65056.00000 in January of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, Interest-Earning, All Loans and Leases, Gross, Consumer Loans, Other, Banks Ranked 1st to 100th Largest in Size by Assets - last updated from the United States Federal Reserve on July of 2025.

United States - Other Deposits, Large Domestically Chartered Commercial Banks was 10515.73960 Bil. of U.S. $ in June of 2025, according to the United States Federal Reserve. Historically, United States - Other Deposits, Large Domestically Chartered Commercial Banks reached a record high of 11306.49210 in March of 2022 and a record low of 1097.43500 in April of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Other Deposits, Large Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

United States - Cash Assets, Large Domestically Chartered Commercial Banks was -16.50000 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Cash Assets, Large Domestically Chartered Commercial Banks reached a record high of 448.90000 in October of 2008 and a record low of -58.90000 in April of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Cash Assets, Large Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for U.S. Treasury and Agency Securities, MBS, Large Domestically Chartered Commercial Banks (DISCONTINUED) (TAMLCBW027NBOG) from 2015-01-07 to 2022-03-30 about charter, mortgage-backed, agency, large, securities, Treasury, domestic, banks, depository institutions, and USA.

United States - Delinquency Rate on All Loans, Banks Ranked 1st to 100th Largest in Size by Assets was 1.60% in January of 2025, according to the United States Federal Reserve. Historically, United States - Delinquency Rate on All Loans, Banks Ranked 1st to 100th Largest in Size by Assets reached a record high of 7.94 in January of 2010 and a record low of 1.26 in July of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Delinquency Rate on All Loans, Banks Ranked 1st to 100th Largest in Size by Assets - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for Net Unrealized Gains (Losses) on Available-for-Sale Securities, Large Domestically Chartered Commercial Banks (DISCONTINUED) (NUGLCBW027NBOG) from 1996-10-02 to 2022-03-30 about unrealized gains/losses, large, securities, domestic, Net, banks, depository institutions, and USA.

United States - Large Time Deposits, Small Domestically Chartered Commercial Banks was 752.37500 Bil. of U.S. $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Large Time Deposits, Small Domestically Chartered Commercial Banks reached a record high of 763.81270 in October of 2024 and a record low of 332.51850 in May of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Large Time Deposits, Small Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on August of 2025.

United States - Deposits, Large Domestically Chartered Commercial Banks was 1.80000 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Deposits, Large Domestically Chartered Commercial Banks reached a record high of 54.80000 in April of 2020 and a record low of -8.00000 in October of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Deposits, Large Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

United States - Large Time Deposits, Domestically Chartered Commercial Banks was 1525.13680 Bil. of U.S. $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Large Time Deposits, Domestically Chartered Commercial Banks reached a record high of 1571.04830 in October of 2024 and a record low of 669.87440 in April of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Large Time Deposits, Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

The total assets of financial institutions in the United States increased significantly between 2002 and 2023, despite a decline in the value of assets of every major financial institution type in 2022. In 2023, the assets of banks in the U.S. amounted to approximately ***** trillion U.S. dollars, up from ***** trillion U.S. dollars a year earlier. On the other hand, central bank assets were the only category to decline in 2023, dropping to **** trillion U.S. dollars compared to the prior year.

South Africa's ******************* was the largest bank in Africa as of 2024, with total assets worth nearly *** billion U.S. dollars. Operating in 20 countries on the continent, the bank group also led the African banking sector by tier 1 capital. Ranking as the second-biggest bank in Africa, the National Bank of Egypt accumulated an asset value of around *** billion U.S. dollars in 2021. Overall, South Africa concentrated four out of the top 10 institutions with the largest assets in Africa. Main banking markets As of 2021, the total assets of the banking sector in Sub-Saharan Africa corresponded to **** percent of the region's GDP. The ratio, which offers an insight into the relationship between services provided by banks and the economy' size, increased substantially compared to previous years. Among countries, South Africa dominates the African banking industry with financial assets worth around *** billion U.S. dollars in 2021. Additionally, the aggregate tier 1 capital of major South African banks reached roughly **** billion U.S. dollars in 2022. North African nations, such as Egypt and Morocco, follow as main players in Africa’s banking sector. Financial inclusion has improved in Africa Around **** out of 10 Africans had a bank account in 2023, according to Statista forecasts. The banking penetration rate on the continent almost doubled compared to 2013 and might keep increasing in the coming years. By 2025, the share of people with a bank account is expected to reach ** percent. Among financial institutions, the Standard Bank Group and the National Bank of Egypt counted the highest number of customers in Africa, each with around ** million clients in 2020.

United States - Charge-Off Rate on Loans Secured by Real Estate, Banks Not Among the 100 Largest in Size by Assets was 0.05% in October of 2024, according to the United States Federal Reserve. Historically, United States - Charge-Off Rate on Loans Secured by Real Estate, Banks Not Among the 100 Largest in Size by Assets reached a record high of 2.40 in October of 2009 and a record low of 0.00 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Charge-Off Rate on Loans Secured by Real Estate, Banks Not Among the 100 Largest in Size by Assets - last updated from the United States Federal Reserve on July of 2025.

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.

As of January 1, 2024, Sberbank was the largest Russian bank by net assets, which amounted to over ** trillion Russian rubles. VTB bank listed second with approximately ** trillion Russian rubles in net assets. Gazprombank, founded by the Russian energy company Gazprom, ranked in the third place. Sberbank in a nutshell Founded in 1841, Sberbank is one of the largest financial institutions in the country. In 2022, Sberbank reported over ** trillion Russian rubles net annual loans. With a brand value of roughly *** billion U.S. dollars, Sberbank ranked as the most valuable Russian brand in 2021 and was featured in the ranking for the best employers in Russia in 2022. High consumer engagement remains one of the main objectives for the institution, hence in 2022, Sberbank’s customer satisfaction index ranged between the low of ** percent and the high of ** percent. General outlook of the Russian banking industry In 2023, the total assets of the Russian banking sector exceeded *** trillion Russian rubles, having increased from the previous year. The number of bank accounts in the country has been growing steadily even though the count of credit institutions shrank over the past years, from *** in January 2013 to *** in January 2023.

National Bank of Egypt (NBE) as the leading bank in Egypt in terms of asset value held. As of June 2023, the bank held almost 155 billion U.S. dollars. Banque Misr and Commercial International Bank (CIB) followed with 104 billion U.S. dollars and 27 billion U.S. dollars as of December 2022 and 2023, respectively. QNB Al Ahli, Banque du Caire, and Arab African International Bank were also leading banks in Egypt in terms of assets.