Largest U.S. Banks by Market Capitalization

J.P. Morgan Chase & Co is the largest bank in the United States by market capitalization. The company is headquartered in New York and employs around 310,000 people. It maintains an extensive network of over 4,900 branches and 15,500 ATMs across the nation. Bank of America and Wells Fargo are the second and third largest banks in the U.S. based on market cap. The top 10 and top 20 U.S. banks have combined market capitalization of $1.8 trillion and $2.04 trillion, respectively.

Rank Name Market Capitalization (US$B)
1 JPMorgan Chase & Co 565.50
2 Bank of America Corp 289.32
3 Wells Fargo & Co 205.01
4 Morgan Stanley 149.38
5 Goldman Sachs Group 129.08
6 Charles Schwab Corp 127.10
7 Citigroup Inc 115.17
8 U.S. Bancorp 67.72
9 PNC Financial Services 61.19
10 Capital One Financial 53.93
11 Truist Financial Corp 49.14
12 Bank of New York Mellon 42.27
13 Discover Financial 31.51
14 Fifth Third Bancorp 25.02
15 M&T Bank Corp 23.86
16 First Citizens BancShares 22.98
17 State Street 22.29
18 Huntington Bancshares 19.29
19 Regions Financial Corp 18.17
20 Northern Trust Corp 17.15
21 Citizens Financial Group 15.97
22 KeyCorp 14.04
23 Ally Financial Inc 12.14
24 East West Bancorp Inc 10.63
25 Webster Financial Corp 8.54
26 First Horizon Corp  8.51
27 Comerica Inc 6.86
28 Western Alliance Bancorp 6.79
29 Pinnacle Financial Partners 6.38
30 Zions Bancorp 6.12
31 Wintrust Financial Corp 6.10
32 Synovus Financial Corp 5.65

* Market capitalization as of March 20, 2024