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Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

February 13, 2017, 2:19 p.m. EST 1 Min Read

Full-time equivalent, as of Sept. 30, 2016. Dollars in thousands.

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Bank Holding Companies with the Most Employees
Rank Company City State Sept. 30 Year earlier Change Assets
1 Wells Fargo & Co. San Francisco Calif. $268,816 $265,161 1.38% $1,942,124,000
2 Citigroup Inc. New York N.Y. 235,928 259,933 -9.24 1,818,117,000
3 JPMorgan Chase & Co. New York N.Y. 234,661 229,064 2.44 2,521,029,000
4 Bank of America Corp. Charlotte N.C. 209,009 215,193 -2.87 2,198,884,000
5 Hy-Vee Inc. West Des Moines Iowa 83,000 81,357 2.02 2,857,402
6 U.S. Bancorp Minneapolis Minn. 69,510 66,499 4.53 454,134,000
7 American Express Co. New York N.Y. 56,475 54,150 4.29 153,367,000
8 Morgan Stanley New York N.Y. 55,256 56,267 -1.80 813,891,000
9 Bank of New York Mellon Corp. New York N.Y. 52,300 51,300 1.95 374,114,000
10 PNC Financial Services Group Inc. Pittsburgh Pa. 51,412 52,700 -2.44 369,441,905
11 Capital One Financial Corp. McLean Va. 50,635 49,556 2.18 345,187,277
12 United Services Automobile Association San Antonio Texas 40,715 36,240 12.35 147,006,478
13 BB&T Corp. Winston-Salem N.C. 37,662 35,002 7.60 222,622,299
14 Goldman Sachs Group Inc. New York N.Y. 34,900 36,900 -5.42 880,006,000
15 State Street Corp. Boston Mass. 33,332 31,860 4.62 256,145,013
16 Synchrony Financial Stamford Conn. 26,493 NA NA 87,158,600
17 SunTrust Banks Inc. Atlanta Ga. 23,854 24,124 -1.12 205,247,179
18 Regions Financial Corp. Birmingham Ala. 22,214 23,422 -5.16 125,307,103
19 KeyCorp Cleveland Ohio 19,862 14,124 40.63 136,228,389
20 First American Financial Corp. Santa Ana Calif. 18,403 17,181 7.11 9,246,477
21 Fifth Third Bancorp Cincinnati Ohio 18,072 18,311 -1.31 143,278,886
22 Citizens Financial Group Inc. Providence R.I. 17,625 17,817 -1.08 147,442,174
23 Northern Trust Corp. Chicago Ill. 16,911 16,036 5.46 120,084,996
24 M&T Bank Corp. Buffalo N.Y. 16,709 15,456 8.11 126,841,028
25 Charles Schwab Corp. San Francisco Calif. 16,069 15,408 4.29 209,337,000
26 Huntington Bancshares Inc. Columbus Ohio 15,976 12,382 29.03 100,765,412
27 Discover Financial Services Riverwoods Ill. 14,208 14,018 1.36 90,540,758
28 Raymond James Financial Inc. St. Petersburg Fla. 10,276 10,016 2.60 31,591,708
29 Zions Bancorp. Salt Lake City Utah 9,968 10,219 -2.46 61,038,860
30 Comerica Inc. Dallas Texas 8,476 8,941 -5.20 74,396,636
31 Popular Inc. Hato Rey Puerto Rico 7,866 7,839 0.34 39,054,000
32 Ally Financial Inc. Detroit Mich. 7,545 7,133 5.78 157,397,000
33 Stifel Financial Corp. St. Louis Mo. 7,060 6,740 4.75 17,204,908
34 First Citizens BancShares Inc. Raleigh N.C. 6,075 5,847 3.90 32,971,910
35 Arvest Bank Group Inc. Bentonville Ark. 6,074 5,934 2.36 17,061,107
36 TCF Financial Corp. Wayzata Minn. 6,030 6,415 -6.00 21,098,356
37 Hilltop Holdings Inc. Dallas Texas 5,459 5,265 3.68 12,423,276
38 People's United Financial Inc. Bridgeport Conn. 4,984 4,963 0.42 40,663,387
39 BOK Financial Corp. Tulsa Okla. 4,900 4,804 2.00 32,904,792
40 Woodforest Financial Group Inc. The Woodlands Texas 4,877 4,602 5.98 4,867,102
41 First National of Nebraska Inc. Omaha Neb. 4,839 4,654 3.98 18,695,571
42 Commerce Bancshares Inc. Kansas City Mo. 4,776 4,774 0.04 24,751,420
43 CIT Group Inc. New York N.Y. 4,629 4,960 -6.67 65,965,190
44 Associated Banc-Corp Green Bay Wis. 4,458 4,377 1.85 29,152,764
45 Umpqua Holdings Corp. Portland Ore. 4,308 4,422 -2.58 24,744,301
46 First Horizon National Corp. Memphis Tenn. 4,244 4,175 1.65 28,450,442
47 Synovus Financial Corp. Columbus Ga. 4,187 4,280 -2.17 29,727,096
48 Cullen/Frost Bankers Inc. San Antonio Texas 4,159 4,197 -0.91 29,639,276
49 BancorpSouth Inc. Tupelo Miss. 3,981 3,919 1.58 14,610,174
50 Hawaiian Electric Industries Inc. Honolulu Hawaii 3,819 3,950 -3.32 12,198,985
51 Wintrust Financial Corp. Rosemont Ill. 3,787 3,788 -0.03 25,323,786
52 E-Trade Financial Corp. New York N.Y. 3,785 3,415 10.83 49,199,420
53 Scottrade Financial Services Inc. St. Louis Mo. 3,758 3,731 0.72 23,609,976
54 Hancock Holding Co. Gulfport Miss. 3,747 3,863 -3.00 23,114,262
55 UMB Financial Corp. Kansas City Mo. 3,727 3,887 -4.12 19,726,146
56 F.N.B. Corp. Pittsburgh Pa. 3,562 2,944 20.99 21,583,914
57 Fulton Financial Corp. Lancaster Pa. 3,497 3,436 1.78 18,663,287
58 New York Community Bancorp Inc. Westbury N.Y. 3,481 3,483 -0.06 49,462,620
59 MB Financial Inc. Chicago Ill. 3,438 2,936 17.10 19,341,882
60 Chemical Financial Corp. Midland Mich. 3,282 2,143 53.15 17,383,637
61 International Bancshares Corp. Laredo Texas 3,195 3,210 -0.47 11,937,413
62 Iberiabank Corp. Lafayette La. 3,129 3,214 -2.64 20,788,566
63 Webster Financial Corp. Waterbury Conn. 3,096 2,846 8.78 25,643,811
64 Prosperity Bancshares Inc. Houston Texas 3,071 3,051 0.66 21,405,613
65 Old National Bancorp Evansville Ind. 2,910 2,675 8.79 14,711,298
66 EverBank Financial Corp Jacksonville Fla. 2,905 3,056 -4.94 28,703,045
67 Flagstar Bancorp Inc. Troy Mich. 2,881 2,677 7.62 14,272,486
68 First Community Bancshares Inc. Killeen Texas 2,856 2,868 -0.42 1,791,205
69 Valley National Bancorp Wayne N.J. 2,845 2,846 -0.04 22,368,453
70 East West Bancorp Inc. Pasadena Calif. 2,834 2,560 10.70 33,269,938
71 Trustmark Corp. Jackson Miss. 2,787 2,963 -5.94 13,161,538
72 First BanCorp. San Juan Puerto Rico 2,664 2,691 -1.00 12,075,253
73 Central Bancompany Inc. Jefferson City Mo. 2,615 2,606 0.35 12,402,517
74 FirstBank Holding Co. Lakewood Colo. 2,462 2,347 4.90 16,668,143
75 Midland Financial Co. Oklahoma City Okla. 2,458 2,397 2.54 12,939,709
76 HomeStreet Inc. Seattle Wash. 2,431 2,100 15.76 6,226,574
77 Bank of the Ozarks Inc. Little Rock Ark. 2,315 1,654 39.96 18,451,783
78 SVB Financial Group Santa Clara Calif. 2,280 2,054 11.00 43,287,937
79 Community Bank System Inc. De Witt N.Y. 2,268 1,985 14.26 8,727,746
80 Northwest Bancshares Inc. Warren Pa. 2,268 2,209 2.67 9,773,396
81 Glacier Bancorp Inc. Kalispell Mont. 2,207 2,040 8.19 9,316,875
82 Cenlar Capital Corp. Ewing N.J. 2,149 1,485 44.71 1,049,782
83 Bank of Hawaii Corp. Honolulu Hawaii 2,125 2,154 -1.35 16,063,775
84 Banner Corp. Walla Walla Wash. 2,078 1,240 67.58 9,841,028
85 United National Corp. Sioux Falls S.D. 2,045 1,927 6.12 2,431,923
86 South State Corp. Columbia S.C. 2,039 2,083 -2.11 8,797,165
87 Simmons First National Corp. Pine Bluff Ark. 1,985 1,967 0.92 8,226,992
88 Renasant Corp. Tupelo Miss. 1,969 1,996 -1.35 8,542,471
89 United Community Banks Inc. Blairsville Ga. 1,939 1,876 3.36 10,299,725
90 WesBanco Inc. Wheeling W.Va. 1,936 1,637 18.27 9,815,249
91 First Midwest Bancorp Inc. Itasca Ill. 1,896 1,773 6.94 11,578,197
92 Bremer Financial Corp. St. Paul Minn. 1,858 1,728 7.52 11,480,163
93 Heartland Financial USA Inc. Dubuque Iowa 1,846 1,736 6.34 8,202,215
94 Washington Federal Inc. Seattle Wash. 1,806 1,838 -1.74 14,888,063
95 Columbia Banking System Inc. Tacoma Wash. 1,797 1,884 -4.62 9,586,754
96 BancFirst Corp. Oklahoma City Okla. 1,784 1,687 5.75 6,783,544
97 Investors Bancorp Inc. Short Hills N.J. 1,782 1,768 0.79 22,548,347
98 Pinnacle Bancorp Inc. Omaha Neb. 1,778 1,636 8.68 9,596,305
99 Eastern Bank Corp. Boston Mass. 1,764 1,702 3.64 9,967,007
100 Banc of California Inc. Irvine Calif. 1,734 1,633 6.18 11,216,404
101 Park National Corp. Newark Ohio 1,733 1,804 -3.94 7,371,086
102 NBT Bancorp Inc. Norwich N.Y. 1,728 1,697 1.83 8,773,024
103 United Bankshares Inc. Charleston W.Va. 1,728 1,742 -0.80 14,344,696
104 First Interstate BancSystem Inc. Billings Mont. 1,727 1,741 -0.80 8,968,918
105 PacWest Bancorp Beverly Hills Calif. 1,673 1,425 17.40 21,315,309
106 BankUnited Inc. Miami Lakes Fla. 1,661 1,671 -0.60 27,265,014
107 State Bankshares Inc. Fargo N.D. 1,655 950 74.21 4,100,148
108 John Deere Capital Corp. Reno Nev. 1,630 1,574 3.56 34,609,507
109 Great Western Bancorp Inc. Sioux Falls S.D. 1,594 1,411 12.97 11,531,180
110 Western Alliance Bancorp. Phoenix Ariz. 1,563 1,438 8.69 17,042,602
111 Home BancShares Inc. Conway Ark. 1,466 1,378 6.39 9,764,238
112 First Merchants Corp. Muncie Ind. 1,443 1,441 0.14 7,022,904
113 OFG Bancorp San Juan Puerto Rico 1,420 1,469 -3.34 6,592,113
114 Texas Capital Bancshares Inc. Dallas Texas 1,419 1,281 10.77 22,216,404
115 First Financial Bancorp. Cincinnati Ohio 1,402 1,394 0.57 8,368,481
116 Hope Bancorp Inc. Los Angeles Calif. 1,400 941 48.78 13,510,629
117 Union Bankshares Corp. Richmond Va. 1,391 1,418 -1.90 8,272,077
118 Astoria Financial Corp. Lake Success N.Y. 1,383 1,555 -11.06 14,813,942
119 Capital Bank Financial Corp. Charlotte N.C. 1,326 1,385 -4.26 7,797,147
120 First Busey Corp. Champaign Ill. 1,320 789 67.30 5,592,241
121 First Financial Bankshares Inc. Abilene Texas 1,296 1,271 1.97 6,686,736
122 PrivateBancorp Inc. Chicago Ill. 1,292 1,224 5.56 19,105,560
123 Fidelity Southern Corp. Atlanta Ga. 1,274 1,156 10.21 4,393,930
124 Ameris Bancorp Moultrie Ga. 1,270 1,328 -4.37 6,493,495
125 Berkshire Hills Bancorp Inc. Pittsfield Mass. 1,208 1,102 9.62 7,937,083
126 Cadence Bancorp, LLC Houston Texas 1,204 1,260 -4.44 9,444,364
127 Johnson Financial Group Inc. Racine Wis. 1,188 1,128 5.32 4,600,354
128 Dickinson Financial Corp. II Kansas City Mo. 1,182 1,301 -9.15 2,144,079
129 First Commonwealth Financial Corp. Indiana Pa. 1,179 1,263 -6.65 6,666,483
130 Pinnacle Financial Partners Inc. Nashville Tenn. 1,178 1,074 9.68 10,978,390
131 Yadkin Financial Corp. Raleigh N.C. 1,175 826 42.25 7,351,348
132 1st Source Corp. South Bend Ind. 1,149 1,156 -0.61 5,448,700
133 Great Southern Bancorp Inc. Springfield Mo. 1,143 1,152 -0.78 4,446,233
134 Cathay General Bancorp Los Angeles Calif. 1,095 1,106 -0.99 14,098,789
135 Independent Bank Corp. Rockland Mass. 1,088 1,062 2.45 7,502,009
136 S&T Bancorp Inc. Indiana Pa. 1,086 1,053 3.13 6,718,205
137 WSFS Financial Corp. Wilmington Del. 1,082 884 22.40 6,627,593
138 FB Financial Corp. Nashville Tenn. 1,071 908 17.95 3,187,180
139 National Bank Holdings Corp. Greenwood Village Colo. 1,053 970 8.56 4,606,413
140 First Banks Inc. Clayton Mo. 1,040 1,031 0.87 6,182,035
141 TriCo Bancshares Chico Calif. 1,023 924 10.71 4,467,131
142 Tompkins Financial Corp. Ithaca N.Y. 1,017 997 2.01 6,102,215
143 MidCountry Financial Corp. Macon Ga. 1,015 994 2.11 1,303,693
144 Third Federal Savings and Loan Association of Cleveland MHC Cleveland Ohio 1,010 992 1.81 12,906,015
145 Provident Financial Services Inc. Iselin N.J. 1,005 1,003 0.20 9,390,000
146 First Security Bancorp Searcy Ark. 1,001 987 1.42 5,416,308
147 Sterling Bancorp Montebello N.Y. 995 1,138 -12.57 13,622,965
148 Community Trust Bancorp Inc. Pikeville Ky. 991 980 1.12 3,930,226
149 Green Dot Corp. Pasadena Calif. 944 982 -3.87 1,555,105
150 Cass Information Systems Inc. St. Louis Mo. 936 913 2.52 1,547,653
151 W.T.B. Financial Corp. Spokane Wash. 933 876 6.51 5,373,077
152 CenterState Banks Inc. Winter Haven Fla. 929 780 19.10 5,014,512
153 Durant Bancorp Inc. Durant Okla. 918 847 8.38 3,378,317
154 Guaranty Financial MHC Milwaukee Wis. 906 960 -5.63 999,833
155 Univest Corp. of Pennsylvania Souderton Pa. 905 709 27.64 4,140,444
156 Republic Bancorp Inc. Louisville Ky. 899 769 16.91 4,827,277
157 Boston Private Financial Holdings Inc. Boston Mass. 897 898 -0.11 7,681,639
158 Bessemer Group Inc. Woodbridge N.J. 896 860 4.19 3,196,426
159 BNC Bancorp High Point N.C. 886 856 3.50 6,801,561
160 LegacyTexas Financial Group Inc. Plano Texas 873 831 5.05 8,442,990
161 MainSource Financial Group Inc. Greensburg Ind. 870 810 7.41 4,013,943
162 Waterstone Financial Inc. Wauwatosa Wis. 858 776 10.57 1,793,852
163 First Financial Corp. Terre Haute Ind. 841 900 -6.56 3,010,618
164 Fremont Bancorp. Fremont Calif. 841 763 10.22 3,596,658
165 Cardinal Financial Corp. McLean Va. 838 823 1.82 4,219,648
166 Capital City Bank Group Inc. Tallahassee Fla. 835 864 -3.36 2,738,840
167 City Holding Co. Cross Lanes W.Va. 834 830 0.48 3,865,520
168 Bridgeview Bancorp Inc. Bridgeview Ill. 833 696 19.68 1,184,717
169 Apple Financial Holdings Inc. New York N.Y. 832 808 2.97 12,874,658
170 First Bancorp Southern Pines N.C. 829 805 2.98 3,538,100
171 Intrust Financial Corp. Wichita Kan. 827 833 -0.72 4,829,902
172 Westamerica Bancorp. San Rafael Calif. 800 836 -4.31 5,310,042
173 Peoples Bancorp Inc. Marietta Ohio 799 821 -2.68 3,363,585
174 Independent Bank Corp. Grand Rapids Mich. 793 788 0.63 2,538,319
175 Alerus Financial Corp. Grand Forks N.D. 791 637 24.18 1,938,514
176 TrustCo Bank Corp NY Glenville N.Y. 791 778 1.67 4,812,572
177 Central Pacific Financial Corp. Honolulu Hawaii 788 824 -4.37 5,319,947
178 CVB Financial Corp. Ontario Calif. 771 755 2.12 8,044,993
179 Beneficial Bancorp Inc. Philadelphia Pa. 763 780 -2.18 5,583,367
180 BancPlus Corp. Ridgeland Miss. 762 780 -2.31 2,702,024
181 Customers Bancorp Inc. Wyomissing Pa. 757 484 56.40 9,602,610
182 Heritage Financial Corp. Olympia Wash. 742 749 -0.93 3,846,376
183 Heartland Bancorp Inc. Bloomington Ill. 736 667 10.34 2,979,735
184 Seacoast Banking Corp. of Florida Stuart Fla. 731 659 10.93 4,513,934
185 First Bancshares Inc. Merrillville Ind. 728 704 3.41 3,458,333
186 Sandy Spring Bancorp Inc. Olney Md. 728 719 1.25 4,810,611
187 Farmers & Merchants Investment Inc. Lincoln Neb. 723 726 -0.41 3,605,132
188 Brookline Bancorp Inc. Boston Mass. 720 692 4.05 6,397,022
189 First Western Mortgage Corp. Fort Worth Texas 718 704 1.99 1,204,614
190 Bangor Bancorp MHC Bangor Maine 717 679 5.60 3,588,173
191 Community Bancshares of Mississippi Inc. Brandon Miss. 715 689 3.77 2,808,223
192 Midland States Bancorp Inc. Effingham Ill. 711 696 2.16 3,247,727
193 Triumph Bancorp Inc. Dallas Texas 709 497 42.66 2,575,490
194 Ocean Bankshares Inc. Miami Fla. 700 687 1.89 3,431,846
195 United Financial Bancorp Inc. Glastonbury Conn. 695 667 4.20 6,549,979
196 Southside Bancshares Inc. Tyler Texas 691 702 -1.57 5,464,903
197 RCB Holding Co. Inc. Claremore Okla. 685 621 10.31 2,859,580
198 Byline Bancorp Inc. Chicago Ill. 682 791 -13.78 2,747,929
199 Origin Bancorp Inc. Ruston La. 681 670 1.64 3,938,833
200 State Bank Financial Corp. Atlanta Ga. 673 675 -0.30 3,619,443

Note: Includes employees of holding companies and subsidiaries. Based on Y9C filings for top-tier bank holding companies.
Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Feb. 10, 2017.
© 2017 American Banker
Source: SNL Financial, Charlottesville, Va.

(www.snl.com
)

Banks, thrifts and holding companies