The top five bank holding companies in the ranking have combined total consumer loan portfolios of more than $1.95 trillion as of December 31, 2023. Several increased their loans over the previous year, with one seeing an increase of 23.7%.
Scroll through to see which bank holding companies are in the top 20 and how they fared in the 12 months ending December 2023.
The incoming Trump administration is expected to prioritize an activities-based oversight approach to nonbank entities, just as the Biden administration has. It may also leave its designation power intact, but unused.
The top five community banks averaged a return on average equity of 115.97% as of June 30.
California's banking market, shaken up by big acquisitions and last year's crisis, is drawing financial institutions seeking opportunity.
The agency had been on the verge of downgrading Philadelphia-based Republic First Bancorp's CAMELS rating to the lowest level but opted for a less severe remedy after a November 2020 visit.
The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.
The Dallas-based bank is accusing the Consumer Financial Protection Bureau of "pursuing an aggressive and overreaching investigation" into its role in a Treasury Department prepaid card program.
