Leading Banks in the U.S.

United States

JPMorgan Chase & Co (NYSE: JPM) is the largest financial institution in America in terms of assets, deposits and market capitalization. The company employs over 285,000 people and has about 4,800 branches across the nation. It operates through the following business segments: Corporate & Investment Bank, Consumer & Community Banking, Asset Management and Commercial Banking. As of December 31, 2023, JPMorgan Chase had $3.9 trillion in total assets.

Bank of America Corp (NYSE: BAC) is the second largest financial institution in the US by total assets and market capitalization. The bank employs more than 210,000 people and serves over 65 million retail and small business customers through about 4,300 branches and 17,000 ATMs. The company’s market capitalization was $270 billion as of March 1, 2024.

Citigroup Inc (NYSE: C) is the third largest bank in the United States as well as one of the largest credit card issuers in the world with approximately $500 billion in annual purchase sales. The company’s mortgage loan portfolio amounted to $90 billion in 2020. Citi's Institutional Clients Group serves corporates, institutions, public sector, and high-net-worth individuals in more than 100 countries.

Wells Fargo & Co (NYSE: WFC), established in 1852, is one of the Big Four banks in the United States. With over 265,000 employees, the company maintains over 5,000 branches and 13,000 ATMs across the nation, and serves more than 70 million clients worldwide. It operates through three business lines: Community Banking, Wholesale Banking, and Wealth Management.

U.S. Bancorp (NYSE: USB) is one of the leading financial institutions in America with over 2,500 branches in 25 states and 4,500 ATMs mainly in the Midwestern United States. The company employs about 77,000 staff and is headquartered in Minneapolis, Minnesota. For the financial year ended December 31, 2022, it reported net income of $6 billion, revenue of $24.3 billion, total assets of $675 billion, deposits of $525 billion and loans of $381 billion. Diluted earnings per common share amounted to $3.69 in 2022.

Capital One Financial, located in McLean, Virginia, is one of the leading consumer banks in the US. It maintains a network of over 300 branches, including Capital One Cafés, and around 1,300 ATMs. Capital One is one of the largest car finance companies and issuers of MasterCard and Visa credit cards in the nation.