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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

August 12, 2019, 10:37 a.m. EDT 1 Min Read

Full-time equivalent, as of Mar. 31, 2019. Dollars in thousands.

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Bank Holding Companies with the Most Employees
Rank Company City State Mar. 31 Year earlier Change Assets
1 Wells Fargo & Company San Francisco Calif. $262,091 $265,735 -1.37 $1,887,792,000
2 JPMorgan Chase & Co. New York N.Y. 249,462 247,451 0.81 2,737,188,000
3 Citigroup Inc. New York N.Y. 213,320 222,796 -4.25 1,958,413,000
4 Bank of America Corporation Charlotte N.C. 202,627 205,253 -1.28 2,377,362,000
5 Hy-Vee, Inc. West Des Moines Iowa 83,000 83,000 0.00 3,014,820
6 U.S. Bancorp Minneapolis Minn. 72,484 72,933 -0.62 475,775,000
7 American Express Company New York N.Y. 60,654 55,588 9.11 197,187,000
8 Morgan Stanley New York N.Y. 60,469 57,810 4.60 875,964,000
9 Capital One Financial Corporation McLean Va. 53,543 50,573 5.87 373,191,353
10 PNC Financial Services Group, Inc. Pittsburgh Pa. 52,177 52,795 -1.17 392,853,923
11 Bank of New York Mellon Corporation New York N.Y. 49,800 52,100 -4.41 346,205,000
12 United Services Automobile Association San Antonio Tex. 45,299 42,931 5.52 165,315,229
13 State Street Corporation Boston Mass. 39,969 37,192 7.47 228,332,000
14 Goldman Sachs Group, Inc. New York N.Y. 35,900 37,300 -3.75 925,362,000
15 BB&T Corporation Winston-Salem N.C. 35,334 35,908 -1.60 227,683,000
16 Synchrony Financial Stamford Conn. 26,870 27,379 -1.86 105,384,000
17 SunTrust Banks, Inc. Atlanta Ga. 22,626 23,211 -2.52 220,666,913
18 Fifth Third Bancorp Cincinnati Ohio 20,115 18,344 9.65 167,853,328
19 Regions Financial Corporation Birmingham Ala. 20,056 21,349 -6.06 129,089,000
20 Charles Schwab Corporation San Francisco Calif. 19,963 18,175 9.84 282,815,000
21 Northern Trust Corporation Chicago Ill. 19,127 18,212 5.02 121,869,424
22 KeyCorp Cleveland Ohio 18,149 19,507 -6.96 141,953,655
23 Citizens Financial Group, Inc. Providence R.I. 18,078 17,546 3.03 161,724,204
24 M&T Bank Corporation Buffalo N.Y. 17,080 16,531 3.32 120,025,205
25 First American Financial Corporation Santa Ana Calif. 16,967 18,005 -5.77 11,160,268
26 Discover Financial Services Riverwoods Ill. 16,126 16,090 0.22 110,720,477
27 Huntington Bancshares Incorporated Columbus Ohio 15,722 15,638 0.54 108,203,287
28 Raymond James Financial, Inc. Saint Petersburg Fla. 12,642 11,414 10.76 38,175,448
29 Ally Financial Inc. Detroit Mich. 8,308 8,007 3.76 180,117,000
30 Popular, Inc. Hato Rey P.R. 8,242 7,808 5.56 48,681,000
31 Comerica Incorporated Dallas Tex. 7,675 7,942 -3.36 70,796,000
32 Stifel Financial Corp. Saint Louis Mo. 7,619 7,348 3.69 24,183,559
33 First Citizens BancShares, Inc. Raleigh N.C. 6,689 6,580 1.66 35,961,670
34 Arvest Bank Group, Inc. Bentonville Ark. 6,137 5,712 7.44 19,174,539
35 People's United Financial, Inc. Bridgeport Conn. 5,710 5,408 5.58 48,095,076
36 First Horizon National Corporation Memphis Tenn. 5,469 5,840 -6.35 41,100,448
37 BOK Financial Corporation Tulsa Okla. 5,267 4,886 7.80 40,022,893
38 Synovus Financial Corp. Columbus Ga. 5,173 4,384 18.00 46,630,026
39 Hilltop Holdings Inc. Dallas Tex. 5,064 5,368 -5.66 13,549,370
40 TCF Financial Corporation Detroit Mich. 5,052 5,402 -6.48 24,433,780
41 Woodforest Financial Group, Inc. The Woodlands Tex. 4,885 4,755 2.73 6,467,305
42 Commerce Bancshares, Inc. Kansas City Mo. 4,841 4,799 0.88 25,050,001
43 First National of Nebraska, Inc. Omaha Neb. 4,828 4,740 1.86 21,724,095
44 Wintrust Financial Corporation Rosemont Ill. 4,667 4,454 4.78 32,348,753
45 Associated Banc-Corp Green Bay Wis. 4,630 4,925 -5.99 33,700,866
46 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,427 4,280 3.43 31,717,729
47 F.N.B. Corporation Pittsburgh Pa. 4,186 4,589 -8.78 33,720,778
48 E*TRADE Financial Corporation New York N.Y. 4,105 3,768 8.94 67,517,898
49 Flagstar Bancorp, Inc. Troy Mich. 3,996 3,659 9.21 19,444,871
50 Umpqua Holdings Corporation Portland Ore. 3,911 4,241 -7.78 27,355,625
51 Hancock Whitney Corporation Gulfport Miss. 3,885 3,775 2.91 28,499,484
52 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,852 3,928 -1.93 13,360,105
53 CIT Group Inc. New York N.Y. 3,611 4,157 -13.13 50,781,535
54 UMB Financial Corporation Kansas City Mo. 3,609 3,591 0.50 23,556,760
55 Fulton Financial Corporation Lancaster Pa. 3,485 3,560 -2.11 20,925,776
56 IBERIABANK Corporation Lafayette La. 3,384 3,726 -9.18 31,260,189
57 International Bancshares Corporation Laredo Tex. 3,303 3,152 4.79 12,027,705
58 Webster Financial Corporation Waterbury Conn. 3,294 3,304 -0.30 28,256,431
59 East West Bancorp, Inc. Pasadena Calif. 3,241 2,844 13.96 42,091,433
60 Valley National Bancorp Wayne N.J. 3,083 3,325 -7.28 32,476,991
61 Prosperity Bancshares, Inc. Houston Tex. 3,065 3,027 1.26 22,362,841
62 Old National Bancorp Evansville Ind. 2,908 2,721 6.87 20,084,448
63 FirstBank Holding Company Lakewood Colo. 2,900 2,671 8.57 19,104,821
64 Trustmark Corporation Jackson Miss. 2,839 2,905 -2.27 13,478,017
65 New York Community Bancorp, Inc. Westbury N.Y. 2,805 3,069 -8.60 52,131,045
66 SVB Financial Group Santa Clara Calif. 2,742 2,512 9.16 60,269,321
67 First BanCorp. San Juan P.R. 2,706 2,597 4.20 12,376,780
68 Central Bancompany, Inc. Jefferson City Mo. 2,677 2,674 0.11 13,410,897
69 Community Bank System, Inc. De Witt N.Y. 2,668 2,640 1.06 10,916,467
70 Glacier Bancorp, Inc. Kalispell Mont. 2,634 2,492 5.70 12,073,779
71 Midland Financial Co. Oklahoma City Okla. 2,627 2,496 5.25 19,356,953
72 Simmons First National Corporation Pine Bluff Ark. 2,602 2,626 -0.91 16,096,427
73 South State Corporation Columbia S.C. 2,589 2,700 -4.11 15,406,887
74 Renasant Corporation Tupelo Miss. 2,372 2,096 13.17 12,862,395
75 WesBanco, Inc. Wheeling W.Va. 2,329 1,939 20.11 12,607,887
76 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,324 2,148 8.19 25,557,858
77 First Interstate BancSystem, Inc. Billings Mont. 2,318 2,210 4.89 13,493,568
78 United Community Banks, Inc. Blairsville Ga. 2,291 2,288 0.13 12,508,442
79 United Bankshares, Inc. Charleston W.Va. 2,216 2,341 -5.34 19,645,133
80 Northwest Bancshares, Inc. Warren Pa. 2,205 2,105 4.75 10,415,970
81 First Midwest Bancorp, Inc. Chicago Ill. 2,177 2,138 1.82 15,817,769
82 Banner Corporation Walla Walla Wash. 2,144 2,095 2.34 11,740,285
83 Columbia Banking System, Inc. Tacoma Wash. 2,143 2,135 0.37 13,064,436
84 First Hawaiian, Inc. Honolulu Hawaii 2,130 NA NA 20,441,136
85 Bank of Hawaii Corporation Honolulu Hawaii 2,112 2,138 -1.22 17,446,413
86 United National Corporation Sioux Falls S.D. 2,110 2,088 1.05 3,059,600
87 CenterState Bank Corporation Winter Haven Fla. 2,091 1,749 19.55 12,587,637
88 First Financial Bancorp. Cincinnati Ohio 2,087 1,289 61.91 14,074,263
89 Pinnacle Bancorp, Inc. Omaha Neb. 2,019 1,909 5.76 11,278,499
90 Heartland Financial USA, Inc. Dubuque Iowa 1,976 2,022 -2.27 11,312,495
91 Atlantic Union Bankshares Corporation Richmond Va. 1,947 1,824 6.74 16,904,096
92 HomeStreet, Inc. Seattle Wash. 1,937 2,384 -18.75 7,171,405
93 Investors Bancorp, Inc. Short Hills N.J. 1,922 1,901 1.10 26,614,380
94 Washington Federal, Inc. Seattle Wash. 1,921 1,855 3.56 16,435,208
95 BancFirst Corporation Oklahoma City Okla. 1,918 1,898 1.05 7,709,349
96 WSFS Financial Corporation Wilmington Del. 1,903 1,148 65.77 12,184,417
97 Berkshire Hills Bancorp, Inc. Boston Mass. 1,888 1,941 -2.73 12,177,391
98 Sterling Bancorp Montebello N.Y. 1,855 2,016 -7.99 30,026,755
99 Home BancShares, Inc. Conway Ark. 1,823 1,760 3.58 15,179,501
100 Cadence Bancorporation Houston Tex. 1,822 NA NA 17,452,911
101 PacWest Bancorp Beverly Hills Calif. 1,801 1,781 1.12 26,324,138
102 Western Alliance Bancorporation Phoenix Ariz. 1,791 1,731 3.47 23,792,846
103 Park National Corporation Newark Ohio 1,790 1,750 2.29 7,852,246
104 Eastern Bank Corporation Boston Mass. 1,789 1,799 -0.56 11,332,739
105 NBT Bancorp Inc. Norwich N.Y. 1,779 1,726 3.07 9,533,510
106 Ameris Bancorp Moultrie Ga. 1,766 1,457 21.21 11,656,275
107 BankUnited, Inc. Miami Lakes Fla. 1,720 1,752 -1.83 32,702,976
108 First Merchants Corporation Muncie Ind. 1,713 1,682 1.84 10,214,189
109 Bremer Financial Corporation Saint Paul Minn. 1,711 1,830 -6.50 12,623,882
110 John Deere Capital Corporation Reno Nev. 1,647 1,626 1.29 38,451,498
Texas Capital Bancshares, Inc. Dallas Tex. 1,647 1,587 3.78 28,383,179
112 Great Western Bancorp, Inc. Sioux Falls S.D. 1,613 1,658 -2.71 12,830,162
113 First Busey Corporation Champaign Ill. 1,589 1,278 24.33 9,537,334
114 Independent Bank Group, Inc. McKinney Tex. 1,530 932 64.16 14,145,383
115 Durant Bancorp, Inc. Durant Okla. 1,517 1,457 4.12 7,222,213
116 Hope Bancorp, Inc. Los Angeles Calif. 1,482 1,517 -2.31 15,398,789
117 First Commonwealth Financial Corporation Indiana Pa. 1,417 1,365 3.81 7,972,673
118 OFG Bancorp San Juan P.R. 1,392 1,370 1.61 6,603,191
119 Dollar Mutual Bancorp Pittsburgh Pa. 1,366 NA NA 8,591,949
120 FB Financial Corporation Nashville Tenn. 1,363 1,383 -1.45 5,335,156
121 First Financial Bankshares, Inc. Abilene Tex. 1,348 1,348 0.00 7,945,895
122 National Bank Holdings Corporation Greenwood Village Colo. 1,280 1,244 2.89 5,802,666
123 Meta Financial Group, Inc. Sioux Falls S.D. 1,231 916 34.39 6,050,060
124 Cathay General Bancorp Los Angeles Calif. 1,228 1,266 -3.00 17,119,092
125 Johnson Financial Group, Inc. Racine Wis. 1,194 1,185 0.76 5,024,930
126 State Bankshares, Inc. Fargo N.D. 1,188 1,827 -34.98 6,115,008
127 Independent Bank Corp. Rockland Mass. 1,172 1,187 -1.26 8,999,381
128 1st Source Corporation South Bend Ind. 1,159 1,148 0.96 6,379,547
129 Triumph Bancorp, Inc. Dallas Tex. 1,150 824 39.56 4,529,781
130 TriCo Bancshares Chico Calif. 1,138 1,008 12.90 6,471,852
131 Great Southern Bancorp, Inc. Springfield Mo. 1,093 1,101 -0.73 4,781,493
132 Midland States Bancorp, Inc. Effingham Ill. 1,085 1,182 -8.21 5,641,780
133 First Bancorp Southern Pines N.C. 1,081 1,061 1.89 6,051,284
134 FB Corporation Creve Coeur Mo. 1,075 1,124 -4.36 6,272,656
135 Republic Bancorp, Inc. Louisville Ky. 1,073 1,003 6.98 5,365,768
136 Apple Financial Holdings, Inc. New York N.Y. 1,050 900 16.67 14,335,163
137 First Security Bancorp Searcy Ark. 1,049 1,017 3.15 5,578,836
138 Tompkins Financial Corporation Ithaca N.Y. 1,039 1,033 0.58 6,738,719
139 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,030 1,016 1.38 14,206,575
140 EB Acquisition Company, LLC Dallas Tex. 1,029 965 6.63 6,045,496
S&T Bancorp, Inc. Indiana Pa. 1,029 1,036 -0.68 7,229,262
142 Cass Information Systems, Inc. Saint Louis Mo. 1,025 984 4.17 1,684,881
143 Pacific Premier Bancorp, Inc. Irvine Calif. 1,014 883 14.84 11,580,495
144 CVB Financial Corp. Ontario Calif. 1,013 798 26.94 11,304,957
145 Bessemer Group, Incorporated New York N.Y. 1,012 949 6.64 3,275,292
146 Axos Financial, Inc. San Diego Calif. 1,010 725 39.31 10,875,561
147 Provident Financial Services, Inc. Jersey City N.J. 998 1,018 -1.96 9,802,614
148 W.T.B. Financial Corporation Spokane Wash. 995 973 2.26 6,393,519
149 Community Trust Bancorp, Inc. Pikeville Ky. 988 986 0.20 4,313,293
150 FirstSun Capital Bancorp Denver Colo. 984 864 13.89 3,849,006
151 City Holding Company Cross Lanes W.Va. 929 832 11.66 4,917,199
152 Byline Bancorp, Inc. Chicago Ill. 927 853 8.68 5,009,925
153 Independent Bank Corporation Grand Rapids Mich. 925 830 11.45 3,383,606
154 Sandy Spring Bancorp, Inc. Olney Md. 910 913 -0.33 8,327,900
155 OceanFirst Financial Corp. Toms River N.J. 906 933 -2.89 8,098,782
156 Seacoast Banking Corporation of Florida Stuart Fla. 902 814 10.81 6,783,389
157 TrustCo Bank Corp NY Glenville N.Y. 899 827 8.71 5,155,247
158 Bangor Bancorp, MHC Bangor Maine 891 780 14.23 4,451,035
159 Amerant Bancorp Inc. Coral Gables Fla. 889 939 -5.32 7,902,355
160 Heritage Financial Corporation Olympia Wash. 884 796 11.06 5,342,099
161 LegacyTexas Financial Group, Inc. Plano Tex. 875 851 2.82 9,349,828
162 Peoples Bancorp Inc. Marietta Ohio 858 802 6.98 4,017,119
163 Customers Bancorp, Inc. Wyomissing Pa. 842 784 7.40 10,144,014
164 Univest Financial Corporation Souderton Pa. 840 844 -0.47 5,035,527
165 Southside Bancshares, Inc. Tyler Tex. 838 862 -2.78 6,217,196
166 First Mid Bancshares, Inc. Mattoon Ill. 832 591 40.78 3,897,996
167 INTRUST Financial Corporation Wichita Kan. 825 813 1.48 5,190,138
168 First Bancshares, Inc. Merrillville Ind. 824 784 5.10 4,512,190
Waterstone Financial, Inc. Wauwatosa Wis. 824 926 -11.02 1,925,470
170 Central Pacific Financial Corp. Honolulu Hawaii 816 823 -0.85 5,841,352
Farmers & Merchants Investment, Inc. Lincoln Neb. 816 785 3.95 4,259,276
172 First Financial Corporation Terre Haute Ind. 812 834 -2.64 3,024,976
173 Capital City Bank Group, Inc. Tallahassee Fla. 801 787 1.78 3,042,262
174 Community Bancshares of Mississippi, Inc. Brandon Miss. 797 764 4.32 3,339,234
175 Amarillo National Bancorp, Inc. Amarillo Tex. 792 660 20.00 5,313,222
176 Fremont Bancorporation Fremont Calif. 790 803 -1.62 4,150,800
177 RCB Holding Company, Inc. Claremore Okla. 781 705 10.78 3,160,378
178 Brookline Bancorp, Inc. Boston Mass. 779 768 1.43 7,545,845
179 QCR Holdings, Inc. Moline Ill. 771 639 20.66 5,066,662
180 Boston Private Financial Holdings, Inc. Boston Mass. 766 925 -17.19 8,572,175
181 Origin Bancorp, Inc. Ruston La. 764 691 10.56 4,872,449
182 United Financial Bancorp, Inc. Hartford Conn. 761 783 -2.81 7,346,892
183 Westamerica Bancorporation San Rafael Calif. 759 790 -3.92 5,568,883
184 Banc of California, Inc. Santa Ana Calif. 758 776 -2.32 9,886,525
185 Horizon Bancorp, Inc. Michigan City Ind. 757 693 9.24 5,051,639
186 Heartland Bancorp, Inc. Bloomington Ill. 743 688 7.99 3,257,667
187 German American Bancorp, Inc. Jasper Ind. 737 622 18.49 3,896,766
188 BancPlus Corporation Ridgeland Miss. 736 724 1.66 2,948,783
Capitol Federal Financial, Inc. Topeka Kan. 736 641 14.82 9,551,126
190 Carolina Financial Corporation Charleston S.C. 734 730 0.55 3,842,521
191 Alpine Banks of Colorado Glenwood Springs Colo. 720 649 10.94 3,728,707
192 First Command Financial Services, Inc. Fort Worth Tex. 717 696 3.02 1,104,789
193 First State Bancshares, Inc. Farmington Mo. 710 681 4.26 2,523,914
194 Stockman Financial Corporation Miles City Mont. 706 684 3.22 3,677,473
195 Lakeland Bancorp, Inc. Oak Ridge N.J. 704 641 9.83 6,366,400
196 Landrum Company Columbia Mo. 699 687 1.75 3,239,834
Ocean Bankshares, Inc. Miami Fla. 699 692 1.01 4,147,987
198 First American Bank Corporation Elk Grove Village Ill. 698 625 11.68 5,582,448
199 Happy Bancshares, Inc. Canyon Tex. 695 683 1.76 3,479,897
200 Financial Institutions, Inc. Warsaw N.Y. 687 638 7.68 4,302,541

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 August 9, 2019.
© 2019 American Banker
Source:

https://www.spglobal.com/en/

Workforce management Banks, thrifts and holding companies