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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

November 04, 2019, 9:31 a.m. EST 1 Min Read

Full-time equivalent, as of Jun. 30, 2019. Dollars in thousands.

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Bank Holding Companies with the Most Employees
Rank Company City State Jun. 30 Year earlier Change Assets
1 Wells Fargo & Company San Francisco Calif. 262,756 264,489 -0.66 $1,923,388,000
2 JPMorgan Chase & Co. New York N.Y. 248,464 246,676 0.72 2,727,379,000
3 Citigroup Inc. New York N.Y. 211,754 220,141 -3.81 1,988,226,000
4 Bank of America Corporation Charlotte N.C. 206,271 205,292 0.48 2,396,484,000
5 Hy-Vee, Inc. West Des Moines Iowa 83,000 83,000 0.00 3,629,509
6 U.S. Bancorp Minneapolis Minn. 72,052 73,612 -2.12 481,719,000
7 American Express Company New York N.Y. 62,686 56,840 10.29 197,598,000
8 Morgan Stanley New York N.Y. 59,513 58,010 2.59 891,959,000
9 Capital One Financial Corporation McLean Va. 55,842 51,193 9.08 373,618,924
10 PNC Financial Services Group, Inc. Pittsburgh Pa. 51,969 53,453 -2.78 405,855,135
11 Bank of New York Mellon Corporation New York N.Y. 49,100 52,000 -5.58 381,213,000
12 United Services Automobile Association San Antonio Tex. 47,446 43,967 7.91 168,532,297
13 State Street Corporation Boston Mass. 39,483 38,113 3.59 241,540,000
14 Goldman Sachs Group, Inc. New York N.Y. 35,600 38,000 -6.32 944,916,000
15 BB&T Corporation Winston-Salem N.C. 34,771 35,782 -2.83 230,872,000
16 Synchrony Financial Stamford Conn. 27,654 26,898 2.81 106,388,000
17 SunTrust Banks, Inc. Atlanta Ga. 22,726 22,961 -1.02 222,530,203
18 Charles Schwab Corporation San Francisco Calif. 20,521 18,676 9.88 276,321,000
19 Regions Financial Corporation Birmingham Ala. 19,765 20,969 -5.74 127,871,000
20 Fifth Third Bancorp Cincinnati Ohio 19,758 18,163 8.78 168,802,058
21 Northern Trust Corporation Chicago Ill. 19,435 18,333 6.01 126,550,913
22 Citizens Financial Group, Inc. Providence R.I. 18,207 17,699 2.87 163,345,723
23 KeyCorp Cleveland Ohio 17,918 19,164 -6.50 145,121,356
24 M&T Bank Corporation Buffalo N.Y. 17,516 16,760 4.51 121,554,895
25 First American Financial Corporation Santa Ana Calif. 17,052 18,246 -6.54 11,443,178
26 Discover Financial Services Riverwoods Ill. 16,744 16,530 1.29 110,706,938
27 Huntington Bancshares Incorporated Columbus Ohio 15,821 15,844 -0.15 108,247,199
28 Raymond James Financial, Inc. Saint Petersburg Fla. 12,691 11,649 8.94 38,676,680
29 Ameriprise Financial, Inc. Minneapolis Minn. 12,156 NA NA 148,682,169
30 Ally Financial Inc. Detroit Mich. 8,603 8,212 4.76 180,448,000
31 Popular, Inc. Hato Rey P.R. 8,371 7,958 5.19 50,617,000
32 Stifel Financial Corp. Saint Louis Mo. 7,847 7,589 3.40 24,343,597
33 Comerica Incorporated Dallas Tex. 7,693 7,868 -2.22 72,592,000
34 First Citizens BancShares, Inc. Raleigh N.C. 6,799 6,657 2.13 37,655,094
35 Arvest Bank Group, Inc. Bentonville Ark. 6,180 5,819 6.20 19,327,036
36 People's United Financial, Inc. Bridgeport Conn. 5,825 5,419 7.49 51,622,915
37 First Horizon National Corporation Memphis Tenn. 5,243 5,977 -12.28 42,173,326
38 Synovus Financial Corp. Columbus Ga. 5,158 4,411 16.93 47,318,203
39 BOK Financial Corporation Tulsa Okla. 5,112 4,893 4.48 42,003,496
40 Hilltop Holdings Inc. Dallas Tex. 5,095 5,409 -5.81 14,265,870
41 TCF Financial Corporation Detroit Mich. 5,007 5,378 -6.90 24,646,061
42 Woodforest Financial Group, Inc. The Woodlands Tex. 4,966 4,815 3.14 6,448,449
43 Wintrust Financial Corporation Rosemont Ill. 4,948 4,701 5.25 33,628,866
44 Commerce Bancshares, Inc. Kansas City Mo. 4,871 4,795 1.58 25,789,450
45 Associated Banc-Corp Green Bay Wis. 4,733 4,825 -1.91 33,272,628
46 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,504 4,287 5.06 31,899,154
47 E*TRADE Financial Corporation New York N.Y. 4,261 4,095 4.05 61,590,119
48 F.N.B. Corporation Pittsburgh Pa. 4,253 4,517 -5.84 33,913,150
49 Flagstar Bancorp, Inc. Troy Mich. 4,147 3,682 12.63 20,205,545
50 Hancock Whitney Corporation Gulfport Miss. 3,930 3,780 3.97 28,774,563
51 Umpqua Holdings Corporation Portland Ore. 3,914 4,130 -5.23 27,986,075
52 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,858 3,894 -0.92 13,537,766
53 UMB Financial Corporation Kansas City Mo. 3,589 3,552 1.04 24,016,276
54 CIT Group Inc. New York N.Y. 3,562 3,857 -7.65 50,557,624
55 Fulton Financial Corporation Lancaster Pa. 3,523 3,577 -1.51 21,275,133
56 IBERIABANK Corporation Lafayette La. 3,418 3,543 -3.53 31,446,532
57 Webster Financial Corporation Waterbury Conn. 3,360 3,370 -0.30 28,975,029
58 SVB Financial Group Santa Clara Calif. 3,314 2,626 26.20 63,801,058
59 International Bancshares Corporation Laredo Tex. 3,298 3,237 1.88 12,227,016
60 East West Bancorp, Inc. Pasadena Calif. 3,261 2,863 13.90 42,892,358
61 Valley National Bancorp Wayne N.J. 3,088 3,332 -7.32 33,027,741
62 Prosperity Bancshares, Inc. Houston Tex. 3,046 3,044 0.07 22,404,604
63 FirstBank Holding Company Lakewood Colo. 2,950 2,745 7.47 19,251,894
64 Old National Bancorp Evansville Ind. 2,829 2,683 5.44 20,145,314
65 Trustmark Corporation Jackson Miss. 2,819 2,890 -2.46 13,548,958
66 New York Community Bancorp, Inc. Westbury N.Y. 2,813 3,107 -9.46 52,776,254
67 Community Bank System, Inc. De Witt N.Y. 2,723 2,629 3.58 10,745,388
68 First BanCorp. San Juan P.R. 2,710 2,638 2.73 12,537,196
69 Glacier Bancorp, Inc. Kalispell Mont. 2,703 2,605 3.76 12,676,361
70 Simmons First National Corporation Pine Bluff Ark. 2,700 2,659 1.54 17,937,705
71 Central Bancompany, Inc. Jefferson City Mo. 2,692 2,647 1.70 13,278,754
72 Midland Financial Co. Oklahoma City Okla. 2,648 2,484 6.60 20,086,391
73 South State Corporation Columbia S.C. 2,544 2,654 -4.14 15,683,337
74 First Interstate BancSystem, Inc. Billings Mont. 2,479 2,181 13.66 14,414,512
75 Renasant Corporation Tupelo Miss. 2,456 2,157 13.86 12,892,653
76 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,361 2,199 7.37 26,540,355
77 WesBanco, Inc. Wheeling W.Va. 2,353 2,040 15.34 12,501,903
78 United Community Banks, Inc. Blairsville Ga. 2,316 2,289 1.18 12,792,742
79 Northwest Bancshares, Inc. Warren Pa. 2,241 2,118 5.81 10,633,873
80 United Bankshares, Inc. Charleston W.Va. 2,212 2,300 -3.83 19,882,539
81 Bank of Hawaii Corporation Honolulu Hawaii 2,152 2,173 -0.97 17,688,845
82 Columbia Banking System, Inc. Tacoma Wash. 2,151 2,101 2.38 13,091,917
83 Banner Corporation Walla Walla Wash. 2,149 1,977 8.70 11,847,374
84 United National Corporation Sioux Falls S.D. 2,128 2,115 0.61 3,103,052
85 First Hawaiian, Inc. Honolulu Hawaii 2,123 NA NA 20,527,546
86 First Midwest Bancorp, Inc. Chicago Ill. 2,121 2,068 2.56 17,462,233
87 CenterState Bank Corporation Winter Haven Fla. 2,091 1,685 24.09 17,036,597
88 First Financial Bancorp. Cincinnati Ohio 2,076 2,118 -1.98 14,437,663
89 Heartland Financial USA, Inc. Dubuque Iowa 2,040 2,216 -7.94 12,160,290
90 Berkshire Hills Bancorp, Inc. Boston Mass. 2,037 2,004 1.65 13,663,492
91 Pinnacle Bancorp, Inc. Omaha Neb. 2,009 1,969 2.03 11,612,282
92 Investors Bancorp, Inc. Short Hills N.J. 1,962 1,964 -0.10 27,125,818
Washington Federal, Inc. Seattle Wash. 1,962 1,869 4.98 16,468,525
94 Park National Corporation Newark Ohio 1,939 1,725 12.41 8,657,453
95 BancFirst Corporation Oklahoma City Okla. 1,937 1,935 0.10 7,642,041
96 Atlantic Union Bankshares Corporation Richmond Va. 1,931 1,702 13.45 17,161,910
97 WSFS Financial Corporation Wilmington Del. 1,914 1,188 61.11 12,156,595
98 Home BancShares, Inc. Conway Ark. 1,841 1,767 4.19 15,287,575
99 Western Alliance Bancorporation Phoenix Ariz. 1,826 1,796 1.67 25,314,785
100 Sterling Bancorp Montebello N.Y. 1,820 2,037 -10.65 30,250,724
101 NBT Bancorp Inc. Norwich N.Y. 1,812 1,824 -0.66 9,635,718
102 Eastern Bank Corporation Boston Mass. 1,806 1,829 -1.26 11,521,429
103 Cadence Bancorporation Houston Tex. 1,805 1,172 54.01 17,504,007
104 PacWest Bancorp Beverly Hills Calif. 1,778 1,814 -1.98 26,344,414
105 Ameris Bancorp Atlanta Ga. 1,777 1,882 -5.58 11,889,460
106 First Merchants Corporation Muncie Ind. 1,744 1,682 3.69 10,737,857
107 Bremer Financial Corporation Saint Paul Minn. 1,688 1,814 -6.95 12,745,024
108 Texas Capital Bancshares, Inc. Dallas Tex. 1,679 1,622 3.51 29,970,386
109 John Deere Capital Corporation Reno Nev. 1,673 1,646 1.64 40,331,101
110 Great Western Bancorp, Inc. Sioux Falls S.D. 1,632 1,667 -2.10 12,954,896
111 First Busey Corporation Champaign Ill. 1,579 1,288 22.59 9,612,667
112 BankUnited, Inc. Miami Lakes Fla. 1,575 1,757 -10.36 33,092,265
113 Spend Life Wisely Company, Inc. Durant Okla. 1,537 1,486 3.43 7,574,792
114 Hope Bancorp, Inc. Los Angeles Calif. 1,457 1,504 -3.13 15,338,934
115 Independent Bank Group, Inc. McKinney Tex. 1,451 1,031 40.74 14,708,922
116 First Commonwealth Financial Corporation Indiana Pa. 1,438 1,438 0.00 8,070,854
117 FB Financial Corporation Nashville Tenn. 1,437 1,405 2.28 5,940,402
118 OFG Bancorp San Juan P.R. 1,417 1,357 4.42 6,464,127
119 Independent Bank Corp. Rockland Mass. 1,373 1,164 17.96 11,605,624
120 Dollar Mutual Bancorp Pittsburgh Pa. 1,364 NA NA 8,704,665
121 First Financial Bankshares, Inc. Abilene Tex. 1,360 1,334 1.95 7,979,293
122 National Bank Holdings Corporation Greenwood Village Colo. 1,299 1,229 5.70 5,858,002
123 Cathay General Bancorp Los Angeles Calif. 1,225 1,246 -1.69 17,606,006
124 HomeStreet, Inc. Seattle Wash. 1,221 2,253 -45.81 7,200,790
125 State Bankshares, Inc. Fargo N.D. 1,220 1,899 -35.76 6,151,075
126 Meta Financial Group, Inc. Sioux Falls S.D. 1,218 932 30.69 6,101,101
127 1st Source Corporation South Bend Ind. 1,188 1,178 0.85 6,650,331
128 Johnson Financial Group, Inc. Racine Wis. 1,171 1,182 -0.93 5,145,762
129 TriCo Bancshares Chico Calif. 1,151 1,008 14.19 6,395,172
130 Green Dot Corporation Pasadena Calif. 1,123 1,089 3.12 2,502,048
131 Triumph Bancorp, Inc. Dallas Tex. 1,122 962 16.63 4,783,187
132 First Bancorp Southern Pines N.C. 1,091 1,078 1.21 6,012,614
133 Republic Bancorp, Inc. Louisville Ky. 1,089 1,013 7.50 5,723,134
134 Apple Financial Holdings, Inc. New York N.Y. 1,088 928 17.24 15,103,583
135 FB Corporation Creve Coeur Mo. 1,087 1,116 -2.60 6,048,260
136 First Security Bancorp Searcy Ark. 1,069 1,053 1.52 5,684,218
137 S&T Bancorp, Inc. Indiana Pa. 1,056 1,041 1.44 7,334,605
138 Midland States Bancorp, Inc. Effingham Ill. 1,051 1,213 -13.36 5,546,055
139 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,050 1,040 0.96 14,371,687
140 Tompkins Financial Corporation Ithaca N.Y. 1,049 1,019 2.94 6,654,390
141 Pacific Premier Bancorp, Inc. Irvine Calif. 1,041 896 16.18 11,783,781
142 Cass Information Systems, Inc. Saint Louis Mo. 1,036 992 4.44 1,728,684
143 Great Southern Bancorp, Inc. Springfield Mo. 1,033 1,129 -8.50 4,874,974
144 FirstSun Capital Bancorp Denver Colo. 1,031 841 22.59 3,992,132
145 EB Acquisition Company, LLC Dallas Tex. 1,027 1,040 -1.25 6,299,309
146 Bessemer Group, Incorporated New York N.Y. 1,013 997 1.60 2,678,245
147 Axos Financial, Inc. Las Vegas Nev. 1,007 801 25.72 11,220,238
148 W.T.B. Financial Corporation Spokane Wash. 1,004 979 2.55 6,561,914
149 Byline Bancorp, Inc. Chicago Ill. 1,003 950 5.58 5,391,236
150 Community Trust Bancorp, Inc. Pikeville Ky. 1,002 988 1.42 4,377,257
151 Provident Financial Services, Inc. Jersey City N.J. 992 1,013 -2.07 9,938,246
152 CVB Financial Corp. Ontario Calif. 986 788 25.13 11,171,583
153 Independent Bank Corporation Grand Rapids Mich. 944 932 1.29 3,438,302
154 City Holding Company Cross Lanes W.Va. 937 849 10.37 4,940,036
155 Sandy Spring Bancorp, Inc. Olney Md. 920 920 0.00 8,398,519
156 Bangor Bancorp, MHC Bangor Maine 919 876 4.91 4,551,127
157 Peoples Bancorp Inc. Marietta Ohio 918 862 6.50 4,276,376
158 LegacyTexas Financial Group, Inc. Plano Tex. 883 847 4.25 9,939,744
159 Heritage Financial Corporation Olympia Wash. 877 814 7.74 5,376,686
160 OceanFirst Financial Corp. Toms River N.J. 874 871 0.34 8,034,675
161 Univest Financial Corporation Souderton Pa. 870 859 1.28 5,154,298
162 Customers Bancorp, Inc. Wyomissing Pa. 864 822 5.11 11,182,548
163 TrustCo Bank Corp NY Glenville N.Y. 858 829 3.50 5,228,082
164 Southside Bancshares, Inc. Tyler Tex. 854 841 1.55 6,372,870
165 Seacoast Banking Corporation of Florida Stuart Fla. 852 826 3.15 6,824,886
166 First Bancshares, Inc. Merrillville Ind. 851 808 5.32 4,748,754
167 Amerant Bancorp Inc. Coral Gables Fla. 839 940 -10.74 7,926,826
168 Amarillo National Bancorp, Inc. Amarillo Tex. 837 663 26.24 5,429,600
169 INTRUST Financial Corporation Wichita Kan. 831 811 2.47 5,383,093
170 First Mid Bancshares, Inc. Mattoon Ill. 826 711 16.17 3,842,841
171 Waterstone Financial, Inc. Wauwatosa Wis. 825 989 -16.58 2,012,403
172 Farmers & Merchants Investment, Inc. Lincoln Neb. 824 791 4.17 4,300,596
173 MidWestOne Financial Group, Inc. Iowa City Iowa 818 619 32.15 4,662,463
174 Central Pacific Financial Corp. Honolulu Hawaii 813 820 -0.85 5,920,006
Fremont Bancorporation Fremont Calif. 813 823 -1.22 4,245,533
176 Horizon Bancorp, Inc. Michigan City Ind. 811 713 13.74 5,098,682
177 First Financial Corporation Terre Haute Ind. 809 793 2.02 3,060,715
178 Community Bancshares of Mississippi, Inc. Brandon Miss. 805 790 1.90 3,355,665
179 Capital City Bank Group, Inc. Tallahassee Fla. 803 773 3.88 3,002,362
180 Enterprise Financial Services Corp Clayton Mo. 797 632 26.11 7,181,855
181 Brookline Bancorp, Inc. Boston Mass. 796 779 2.18 7,651,825
182 Boston Private Financial Holdings, Inc. Boston Mass. 774 890 -13.03 8,713,069
183 QCR Holdings, Inc. Moline Ill. 773 666 16.07 5,194,852
RCB Holding Company, Inc. Claremore Okla. 773 763 1.31 3,155,682
185 United Financial Bancorp, Inc. Hartford Conn. 767 804 -4.60 7,354,957
186 Origin Bancorp, Inc. Ruston La. 759 711 6.75 5,119,966
187 German American Bancorp, Inc. Jasper Ind. 758 663 14.33 3,971,272
188 Westamerica Bancorporation San Rafael Calif. 751 777 -3.35 5,540,149
189 HBT Financial, Inc. Bloomington Ill. 742 677 9.60 3,224,160
190 BancPlus Corporation Ridgeland Miss. 739 735 0.54 2,947,840
Capitol Federal Financial, Inc. Topeka Kan. 739 642 15.11 9,307,154
192 Alpine Banks of Colorado Glenwood Springs Colo. 735 676 8.73 3,697,401
193 Carolina Financial Corporation Charleston S.C. 728 749 -2.80 3,891,853
194 Stockman Financial Corporation Miles City Mont. 720 699 3.00 3,726,794
195 First American Bank Corporation Elk Grove Village Ill. 714 659 8.35 4,308,981
196 Lakeland Bancorp, Inc. Oak Ridge N.J. 713 668 6.74 6,407,442
197 First State Bancshares, Inc. Farmington Mo. 711 702 1.28 2,532,912
Happy Bancshares, Inc. Canyon Tex. 711 697 2.01 3,513,457
199 Banc of California, Inc. Santa Ana Calif. 703 736 -4.48 9,359,931
200 Landrum Company Columbia Mo. 690 695 -0.72 3,291,633

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 November 1, 2019.
© 2019 American Banker
Source:

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

Workforce management Banks, thrifts and holding companies