20 bank holding companies with the largest business loan portfolios

March 31, 2025 9:05 AM

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The top five bank holding companies in the ranking had combined business loan portfolios of more than $2.6 trillion as of Dec. 31. Several banks increased their loans over the previous year, with Charles Schwab seeing the largest increase at 33.2%.

Scroll through to see which bank holding companies, listed by their U.S. headquarters, are in the top 20 and how they fared in the 12 months ended December 2024.

Bank holding companies with the largest business loan portfolios

Rank	Company	City	State	Total business loans 2024 Q4	Total business loans 2023 Q4
20	American Express	New York		$69,232,000,000	$64,705,000,000
19	Citizens Bank	Providence	RI	$70,745,797,000	$76,179,880,000
18	KeyCorp	Cleveland		$72,594,868,000	$78,023,585,000
17	Huntington Bank	Columbus	OH	$73,247,042,000	$68,212,130,000
16	Fifth Third Bank	Cincinnati		$73,745,000,000	$73,171,000,000
15	M&T Bank	Buffalo	NY	$88,252,682,000	$89,977,017,000
14	Charles Schwab	Westlake	TX	$89,320,000,000	$67,057,000,000
13	Capital One	McLean	VA	$101,459,310,000	$104,734,877,000
12	TD Bank	Cherry Hill	NJ	$104,646,317,000	$108,902,956,000
11	BMO Bank	Chicago		$108,822,095,000	$111,512,760,000
10	First Citizens Bank	Raleigh	NC	$112,207,000,000	$106,225,558,000
9	Truist Bank	Charlotte	NC	$186,155,000,000	$192,703,000,000
8	U.S. Bank	Minneapolis		$192,433,000,000	$189,534,000,000
7	Morgan Stanley	New York		$194,310,000,000	$173,960,000,000
6	PNC Bank	Pittsburgh		$217,344,983,000	$220,839,568,000
5	Goldman Sachs	New York		$220,896,000,000	$205,105,000,000
4	Citibank	New York		$365,236,000,000	$362,713,000,000
3	Wells Fargo	San Francisco		$541,271,000,000	$551,364,000,000
2	Bank of America	Charlotte	NC	$707,133,000,000	$654,988,000,000
1	JPMorgan Chase	New York		$788,382,000,000	$757,642,000,000