As of December 2022, 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 2.44 billion U.S. dollars, which was followed by Bank of America, with deposits just above two billion U.S. dollars. Silicon Valley Bank, which collapsed in March 2022, had 175.38 billion U.S. dollars worth of deposits.

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 over 3.5 trillion U.S. dollars as of September 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 second quarter of 2024, all of the "big four" banks in the United States maintained a common equity tier 1 (CET1) capital ratio significantly above the required minimum of 4.5 percent. JPMorgan Chase reported a CET1 ratio of 15.33 percent. Meanwhile, the highest CET1 ratio among U.S. banks during this period was 16.77 percent, achieved by TD Bank, the tenth-largest bank in the country in 2024.

The largest bank in the world based on total assets in 2023 was the Industrial and Commercial Bank of China (ICBC). The bank's total assets reached approximately 6.3 trillion U.S. dollars that year. The following three largest banks that year were also Chinese: China Construction Bank, Agricultural Bank of China, and China Construction Bank. What are assets?An asset is an economic resource that can take a number of different forms. An asset is anything with economic value that an individual, organization or country can control in the expectation that it will provide future benefit. Tangible assets include anything that is physical and can include vehicles, precious metals, currencies and real estate. As far as banking is concerned, assets come from a broad range of areas. Bank assets consist of various kinds of loans and marketable securities, as well as base money reserves. Their assets are also tied up in physical properties such as buildings, equipment, and furniture. Largest bank by market capitalizationThe 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 2023, while ICBC ranked third.

JPMorgan Chase was the leading bank in the United States as of December 2023, with its market share of total assets amounting to 8.56 percent. This means that the value of assets of JPMorgan Chase was equivalent to 8.56 percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with 6.4 and 4.37 percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded 3.3 trillion U.S. dollars in 2023. JPMorgan Chase: an industry leader in U.S. banking JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits. The New York-based banking giant is also among the largest banks globally. In terms of assets, JPMorgan Chased ranked fifth in 2022, with only four Chinese banks having had higher amounts of assets. Bank failures in the U.S. The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 marked the first bank failures in the U.S. since 2021. The total assets lost in the failure of these two banks amounted to 319.4 billion U.S. dollars. In comparison, the total assets of the 371 U.S. bank failures between 2010 and 2022 amounted to 168 billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than 250,000 U.S. dollars in the fourth quarter of 2022 (2.7 percent and 6.2 percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.

United States - Total Assets, Large Domestically Chartered Commercial Banks was 13198.82020 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Total Assets, Large Domestically Chartered Commercial Banks reached a record high of 13198.82020 in March of 2022 and a record low of 1706.00250 in April of 1985. 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 March of 2025.

Graph and download economic data for Deposits, All Commercial Banks (DPSACBW027SBOG) from 1973-01-03 to 2025-03-12 about deposits, 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 250,000 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 250,000 U.S. dollars. As deposits below 250,000 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 - Residual (Assets Less Liabilities), Large Domestically Chartered Commercial Banks was 1288.57070 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Residual (Assets Less Liabilities), Large Domestically Chartered Commercial Banks reached a record high of 1344.33370 in March of 2020 and a record low of 166.48180 in June of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Residual (Assets Less Liabilities), Large Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on March 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 - Deposits, Large Domestically Chartered Commercial Banks was 11039.18440 Bil. of U.S. $ in March of 2025, according to the United States Federal Reserve. Historically, United States - Deposits, Large Domestically Chartered Commercial Banks reached a record high of 11546.64190 in March of 2022 and a record low of 1294.94680 in April of 1985. 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 March of 2025.

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 701475.00000 Mil. of $ in October of 2024, 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 March of 2025.

In 2023, Itaú Unibanco was the leading bank in Brazil based on total assets, with total assets exceeding 555.7 billion U.S. dollars. Banco do Brasil ranked second, with assets amounting to approximately 447.7 billion U.S. dollars. The total value of assets of Brazilian banks added up to over 2.3 trillion U.S. dollars in 2022, a figure that has been consistently increasing since 2002. Brazilian banking networkBrazil was the country with the highest number of bank branches in Latin America, with more than 17,216 branches in 2022. However, in terms of accessibility, the South American country lags some regional counterparts. In 2022, the density of bank branches in Brazil reached only 10 per 1,000 adults; in comparison to 12 bank branches per 1,000 adults in Mexico. Neobanks in BrazilWith 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 neobanks worldwide, Nubank. Nubank's active users increased sharply in 2023, while its operating revenue almost doubled in 2023, exceeding eight billion U.S. dollars.

In 2023, JPMorgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of over 158 billion U.S. dollars. Bank of America and Wells Fargo followed, with 95.6 and 82.6 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.

Graph and download economic data for Net Unrealized Gains (Losses) on Available-for-Sale Securities, Large Domestically Chartered Commercial Banks (DISCONTINUED) (NUGLCBW027SBOG) from 1996-10-02 to 2022-03-30 about unrealized gains/losses, large, securities, domestic, Net, banks, depository institutions, and USA.

United States - Delinquency Rate on All Loans, Banks Ranked 1st to 100th Largest in Size by Assets was 1.72% in October of 2024, 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 March of 2025.

United States - Large Time Deposits, Domestically Chartered Commercial Banks was 689.77950 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Large Time Deposits, Domestically Chartered Commercial Banks reached a record high of 1146.82800 in October of 2008 and a record low of 92.06080 in January of 1973. 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 March of 2025.

Commercial Bank of Ethiopia was the largest bank in East Africa in terms of assets as of 2022. The institution led the regional ranking, with total assets worth nearly 23 billion U.S. dollars. This value was far above that measured by Kenya's Equity Bank Group, the second in the list. The institution had approximately 11.5 billion U.S. dollars in assets.

As of December 2023, BBVA led the ranking of largest banks in Mexico, with total assets amounting to over 197 billion U.S. dollars. It was followed by Banorte, with total assets worth over 134 billion U.S. dollars. Banco Santander ranked third, whose total assets increased notably in 2023. 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 2022, Mexico was among the leading countries in the world in terms of the number of digital banking users. With more than 32 million users, Mexico ranked eighth, just behind France. 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 amount of fintech users in Mexico is forecast to increase consistently in the future. Furthermore, over 99 percent of these anticipated fintech users in 2025 are expected to utilize its digital payment segment. This coincides with the dominance of the payment and remittances segment of fintech in 2023, when 120 fintech companies' main focus was on payment and remittances, making it one of the leading segments for the nation’s fintech firms.

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 31.13 trillion U.S. dollars, up from 30.35 trillion U.S. dollars a year earlier. On the other hand, central bank assets were the only category to decline in 2023, dropping to 6.79 trillion U.S. dollars compared to the prior year.

As of January 1, 2024, Sberbank was the largest Russian bank by net assets, which amounted to over 51 trillion Russian rubles. VTB bank listed second with approximately 26 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 31 trillion Russian rubles net annual loans. With a brand value of roughly 9.4 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 75 percent and the high of 97 percent.

General outlook of the Russian banking industry

In 2023, the total assets of the Russian banking sector exceeded 134 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 956 in January 2013 to 361 in January 2023.