Taiwan LF: Wells Fargo Bank: Assets data was reported at 1,208.000 NTD mn in May 2018. This records a decrease from the previous number of 1,328.000 NTD mn for Apr 2018. Taiwan LF: Wells Fargo Bank: Assets data is updated monthly, averaging 989.000 NTD mn from Nov 1999 (Median) to May 2018, with 223 observations. The data reached an all-time high of 5,712.000 NTD mn in Feb 2014 and a record low of 252.000 NTD mn in Feb 2007. Taiwan LF: Wells Fargo Bank: Assets data remains active status in CEIC and is reported by Banking Bureau, Financial Supervisory Commission. The data is categorized under Global Database’s Taiwan – Table TW.KB033: Condensed Financial Structure: Local Branches of Foreign Banks.

Wells Fargo's net interest margin fluctuated between 2014 and 2024. As of 2024, the net interest margin of Wells Fargo amounted to 2.73 percent. This metric was calculated by measuring the difference between the interest income generated by Wells Fargo and the amount paid out to their lenders, relative to the amount of their interest-earning assets.

United States WFC: TA: Bank Premises & Fixed Assets data was reported at 11,822,000.000 USD th in Dec 2019. This records a decrease from the previous number of 11,921,000.000 USD th for Sep 2019. United States WFC: TA: Bank Premises & Fixed Assets data is updated quarterly, averaging 7,483,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 12,085,000.000 USD th in Mar 2019 and a record low of 1,515,000.000 USD th in Sep 2003. United States WFC: TA: Bank Premises & Fixed Assets data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

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, 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.

************** was the leading bank in the United States as of December 2024, with its market share of total assets amounting to ***** percent. This means that the value of assets of ************** was equivalent to ***** percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with ***** and **** percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded *** trillion U.S. dollars in 2024. 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 2023, 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 ***** billion U.S. dollars. In comparison, the total assets of the *** U.S. bank failures between 2010 and 2022 amounted to *** billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than ******* U.S. dollars in the fourth quarter of 2022 (*** percent and *** percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.

WFC：TA：Bank Premises & Fixed Assets在12-01-2019达11,822,000.000千美元，相较于09-01-2019的11,921,000.000千美元有所下降。WFC：TA：Bank Premises & Fixed Assets数据按季更新，12-01-2000至12-01-2019期间平均值为7,483,000.000千美元，共77份观测结果。该数据的历史最高值出现于03-01-2019，达12,085,000.000千美元，而历史最低值则出现于09-01-2003，为1,515,000.000千美元。CEIC提供的WFC：TA：Bank Premises & Fixed Assets数据处于定期更新的状态，数据来源于Federal Deposit Insurance Corporation，数据归类于全球数据库的美国 – Table US.KB056：财务数据：联邦存款保险公司：Wells Fargo。

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 US commercial banking market, a significant component of the broader global landscape, is projected to experience steady growth over the forecast period (2025-2033). With a 2025 market size estimated at $700.55 billion (based on the provided global figure and assuming a significant US market share), the sector benefits from a robust and diverse economy. Key drivers include increasing demand for commercial lending to support small and medium-sized enterprises (SMEs) and larger corporations, alongside the expanding need for treasury management solutions and sophisticated financial instruments. Technological advancements, including the adoption of fintech solutions and digital banking platforms, are transforming the sector, enhancing efficiency and customer experience. However, regulatory scrutiny, economic uncertainty, and potential interest rate fluctuations represent potential restraints on growth. The market is segmented by product (commercial lending, treasury management, syndicated loans, capital markets, and other products) and function (deposit acceptance, loan advancement, credit creation, foreign trade financing, agency services, and other functions). Major players such as JPMorgan Chase, Bank of America, Wells Fargo, and Citibank hold significant market share, leveraging their extensive networks and established client bases. The competitive landscape remains dynamic, with smaller institutions and fintech companies vying for market share through innovative offerings and specialized services. Future growth is expected to be driven by strategic partnerships, mergers and acquisitions, and continued technological innovation. The substantial growth observed in recent years is likely to continue, albeit at a moderated pace. The 4.56% CAGR projected for the global market suggests a similar, albeit potentially slightly higher, growth rate for the US. This is attributable to the continuing economic activity and the ever-increasing financial needs of businesses across all sizes and sectors. The strong presence of major banking institutions in the US further contributes to market stability and growth potential. While regulatory changes and economic shifts might introduce short-term volatility, the long-term outlook for the US commercial banking sector remains positive, driven by fundamental economic trends and technological evolution within the financial services sector. Further segmentation analysis at the regional level within the US (e.g., Northeast, Southeast, West Coast) would provide a more granular understanding of market dynamics and growth opportunities. Recent developments include: July 2023: Citi unveiled its trade and working capital eLoans, a financial solution tailored to address immediate and future working capital needs. Citi eLoans, emphasizing simplicity and security, aims to empower eligible clients with the necessary liquidity to sustain their commercial operations.May 2023: JPMorgan Chase made a significant move by acquiring the lion's share of assets, along with deposits and select liabilities, from First Republic Bank in a transaction facilitated by the Federal Deposit Insurance Corporation (FDIC). This acquisition contained First Republic Bank's assets, boasting a loan portfolio of around USD 173 billion and securities valued at approximately USD 30 billion.. Key drivers for this market are: Economic Growth is Driving the Market. Potential restraints include: Economic Growth is Driving the Market. Notable trends are: Increased Digitalization in the Commercial Banking Market.

Strong returns in various financial markets and increased trading volumes have benefited businesses in the industry. Companies provide underwriting, brokering and market-making services for different financial instruments, including bonds, stocks and derivatives. Businesses benefited from improving macroeconomic conditions despite high inflationary economic environment. However, in 2024, the Fed slashed interest rates as inflationary pressures eased , limiting interest income from fixed-income securities for the industry. The Fed seeks to further cut interest rates but will monitor inflation, employment, the effects of tariffs and other economic factors before making further rate cut decisions. Overall, revenue has been growing at a CAGR of 7.0% over the past five years and is expected to total $456.6 billion in 2025, with revenue expected to decline 0.9% in the same year. In addition, industry profit is expected to climb to 13.0% over the five years to 2025. While many industries struggled at the onset of the period due to economic disruptions due to the pandemic and supply chain issues, businesses benefited from the volatility. Primarily, companies have benefited from increased trading activity on behalf of their clients due to fluctuations in asset prices. This has led to higher trade execution fees for firms at the onset of the period. Similarly, debt underwriting increased as many businesses have turned to investment bankers to help raise cash for various ventures. Also, improved scalability of operations, especially regarding trading services conducted by securities intermediates, has helped increase industry profits. Structural changes have forced the industry's smaller businesses to evolve. Because competing in trading services requires massive investments in technology and compliance, boutique investment banks have alternatively focused on advising in merger and acquisition (M&A) activity. Boutique investment banks' total share of M&A revenue is forecast to grow through the end of 2030. Furthermore, the industry will benefit from improved macroeconomic conditions as inflationary pressures are expected to ease. This will help asset values rise and interest rate levels to be cut, thus allowing operators to generate more from equity underwriting and lending activities. Overall, revenue is forecast to grow at a CAGR of 2.2% to $507.9 billion over the five years to 2030.

The asset lending market, valued at $648.24 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 11.7% from 2025 to 2033. This expansion is fueled by several key factors. Increased demand from both Small and Medium-sized Enterprises (SMEs) and large enterprises for financing to acquire assets like equipment, vehicles, and real estate is a primary driver. Favorable economic conditions in key regions, particularly North America and Europe, further stimulate borrowing activities. The market's segmentation into fixed and floating rate loans caters to diverse risk appetites and financial strategies of borrowers, contributing to its overall growth. Furthermore, the rising adoption of digital lending platforms is streamlining the lending process, making asset financing more accessible and efficient. The presence of established players like JPMorgan Chase & Co., Barclays Bank PLC, and Wells Fargo, alongside specialized lenders like SLR Credit Solutions and White Oak Financial, LLC, ensures a competitive and innovative landscape. However, the market's trajectory is not without potential challenges. Economic downturns or shifts in interest rates could impact borrowing activity and lending profitability. Increased regulatory scrutiny and compliance requirements also pose hurdles for lenders. Despite these potential restraints, the overall outlook for the asset lending market remains positive, propelled by ongoing demand for asset financing across diverse sectors and geographic locations. The continued expansion of SMEs and the adoption of innovative technologies within the lending sector are expected to support strong growth throughout the forecast period. This robust growth trajectory indicates significant opportunities for both established lenders and new entrants in the coming years.

JPMorgan Chase dominated the U.S. banking landscape in 2023, reporting a net income of 47.5 billion U.S. dollars, almost 20 billion more than Bank of America, which ranked second. Wells Fargo ranked third, with a net income of roughly 22 billion U.S. dollars. These three banks were also the largest banks based on total assets. The substantial lead held by JPMorgan Chase underscores its position as the financial powerhouse among American banks, reflecting its robust performance across various banking sectors. Market capitalization and global standing JPMorgan Chase's financial prowess extends beyond net income. With a market capitalization of 491.76 billion U.S. dollars as of December 31, 2023, it stood as the most valuable bank in the United States. Its massive market capitalization also made it the largest bank globally, with Bank of America following from a distance. This impressive valuation, coupled with its substantial net income, cements JPMorgan Chase's status as a financial titan. Asset base of JPMorgan Chase JPMorgan Chase's leadership is also evident in its asset base. The bank held 8.56 percent of total banking assets in the United States as of December 2023, surpassing Bank of America and Wells Fargo. This substantial market share translated to over 3.9 trillion U.S. dollars in total assets.

As of December 2024, JPMorgan Chase Bank led U.S. financial institutions with the highest Tier 1 capital, a key measure of a bank's financial strength. Tier 1 capital, comprising core capital including equity and disclosed reserves, is a crucial indicator of a bank's ability to absorb potential losses. JPMorgan Chase's Tier 1 capital surpassed *** billion U.S. dollars in the fourth quarter of 2024, cementing its position as the most well-capitalized bank in the United States. Additionally, the banking giant boasted the highest Tier 1 capital ratio among its American peers, further underscoring its robust financial health. What is the Tier 1 capital ratio? The Tier 1 capital ratio is a critical metric for assessing a bank's resilience to financial stress. It's calculated by dividing a bank's core capital by its total risk-weighted assets, with regulatory requirements mandating a minimum ratio of *** percent. As of 2023, the largest U.S. banks significantly exceeded this threshold. JPMorgan Chase led with a ratio of **** percent, closely followed by Citibank at ***** percent, while Bank of America maintained a strong position at **** percent. These ratios demonstrate the robust capital positions of major American financial institutions, indicating their strong capacity to withstand potential economic downturns or financial shocks. The leading banks in the U.S. The U.S. banking sector is dominated by four major institutions, commonly known as "the big four": JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. JPMorgan Chase stands out as the leader among these financial giants. It holds the top position across several key metrics, including market capitalization, total assets, investment banking revenue, and net income. This comprehensive leadership underscores JPMorgan Chase's dominant role in the American financial landscape and its significant influence on the global banking industry.

As of January 14, 2025, the market capitalization of JPMorgan Chase amounted to 688.68 billion U.S. dollars, making it the largest bank in the United States. By this measure, the second-largest bank was Bank of America, followed by Wells Fargo. JPMorgan Chase and Bank of America were also the two largest banks in the world by market capitalization. What is market capitalization? Market capitalization, or stock market value, is the total value of shares issued by a publicly traded company. It reflects the equity value of a company. Market cap is calculated by multiplying the market price of one share by the number of shares outstanding. For example, the market cap of Bank of America can be calculated by multiplying its share price by the number of shares it has issued. Other measures of company size Total assets also allow to determine the size of a bank. Instead of focusing on the stock price, this metric measures the size of the bank’s operations by counting the size of its balance sheet. Bank revenue and income are also common indicators used to compare banks and their performance.

The statistic depicts the revenue of the largest investment banks worldwide as of January 2017, by product group. The revenue of Goldman Sachs in the Mergers & Acquisitions segment amounted to approximately 2.45 billion U.S. dollars.

Investment banks – additional information

In 2016, JP Morgan Chase & Co. topped a ranking of the leading investment banks worldwide, in terms of revenue. The American, multinational bank which was formed in 2000, when Chase Manhattan Corporation merged with JP Morgan & Co. generated approximately 5.93 billion U.S. dollars in its 16th operating year. In comparison, Goldman Sachs, reported the revenue of 4.85 billion U.S. dollars for the same year.

When it comes to a ranking of the leading private banks worldwide in 2015, by assets under management, JP Morgan Chase & Co. was ranked seventh with 437 billion U.S. dollars. UBS, on the other hand, founded in Switzerland in 1854, lead the ranking with approximately 1.74 trillion U.S. dollars of assets under management.

Wells Fargo Bank was the leading employer in the U.S. banking market, with more than 235 thousand people employed in 2016. JP Morgan Chase was ranked second, with 184.48 thousand employees.

The number of JPMorgan Chase employees has increased since 2016, when the bank employed 234,335 people. In 2024, the bank had around 317 thousand employees. Along with Wells Fargo, JPMorgan Chase is one of the largest U.S. employers in the banking sector. JPMorgan Chase – additional information JPMorgan Chase, along with Wells Fargo, Bank of America and Citigroup, is one of the leading banks in the United States. Headquartered in New York, JPMorgan Chase ranked fifth among the largest banks worldwide in terms of total assets in 2023. JPMorgan Chase was also the largest banks in the world with regard to market capitalization. As of December 2024, the company's market cap amounted to approximately 679 billion U.S. dollars.

In the first quarter of 2025, TD Bank's U.S. operations distinguished itself with the highest common equity tier 1 (CET1) capital ratio among major U.S. banks by total assets. The bank's CET1 ratio of 17.56 percent significantly surpassed the regulatory minimum of 4.5 percent. By comparison, JPMorgan Chase, the largest U.S. bank, recorded a CET1 ratio of 15.42 percent during the same period. What is CET1 capital ratio? The Basel III framework, established by the Basel Committee on Banking Supervision, sets international standards for bank capital requirements to ensure global financial stability. Developed in response to the 2007-2009 financial crisis, these regulations require banks to maintain adequate capital to withstand unexpected losses and economic downturns. The framework mandates a total capital requirement of eight percent of risk-weighted assets, with Common Equity Tier 1 (CET1) - the highest quality capital - comprising at least 4.5 percent of that total. In 2024, JPMorgan Chase had the highest Tier 1 capital among all banks in the United States. Worldwide Tier 1 capital levels of banks JPMorgan Chase, while leading U.S. banks in Tier 1 capital, ranked fifth globally in 2024. Four Chinese banks outperformed it: Industrial and Commercial Bank of China (ICBC), China Construction Bank, Agricultural Bank of China, and Bank of China. Among these, ICBC emerged as the world's top bank in Tier 1 capital.

As of December 31, 2024, the largest bank in the world in terms of market capitalization was the U.S.-based J*************. The American banking giant's market cap exceeded *** billion U.S. dollars, which was significantly higher than ***************'s, which ranked second with a market cap of approximately ****** billion U.S. dollars. ************** was also the largest bank in the United States in terms of total assets but ranked only fifth globally, behind four Chinese banks. What is market capitalization? Market capitalization, also known as stock market value, is the total value of issued shares of a publicly traded company. It is equal to the share price multiplied by the number of shares outstanding. It applies only to publicly traded companies or companies that have made their stock market debut, also known as an initial public offering, or IPO. Due to the nature of the capitalist system and the practice of buying and selling stocks in public markets, market capitalization can be used as a proxy for the wider public’s opinion of a company’s net worth, making it therefore a determining factor in calculating other theoretical values of companies and their stocks, for example, stock valuation. How were banks affected by the coronavirus outbreak? The outbreak of the coronavirus left no industries unaffected and had a significant impact on the global financial markets. This can be seen in the banking industry, as the market capitalization of the largest banks worldwide dropped markedly between December 2019 and March 2020. For the largest bank, JPMorgan Chase, it was not until February 2021 that the market capitalization saw pre-pandemic figures again.