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20 banks and thrifts with the largest portfolios of total securities

By Editorial Staff
August 28, 2024 5:30 AM
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The top five banks and thrifts in the ranking have more than $2.6 trillion in combined securities as of March 31. While many saw a decrease in their securities portfolios over the previous year, one achieved an increase of 24.7%.

Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ending March 31.

Top banks ranked by total securities

Rank Company name City State/
territory		 2024Q1 total securities* ($000) 2023Q1 total securities* ($000) YOY change (%) 2024Q1
total assets
($000)
1 Bank of America Charlotte NC 900,983,000 787,412,000 14.4 3,273,803,000
2 JPMorgan Chase New York NY 572,891,000 611,312,000 -6.3 4,090,727,000
3 Citibank New York NY 501,895,000 500,114,000 0.4 2,432,510,000
4 Wells Fargo San Francisco CA 398,865,000 423,199,000 -5.8 1,959,160,000
5 Charles Schwab Westlake TX 270,265,000 324,835,000 -16.8 468,784,000
6 TD Bank Wilmington DE 163,542,282 190,275,628 -14 530,324,236
7 U.S. Bank Minneapolis MN 155,393,000 153,984,000 0.9 683,606,000
8 Morgan Stanley New York NY 153,095,000 158,075,000 -3.2 1,228,503,000
9 BNY New York NY 139,669,000 139,361,000 0.2 434,728,000
10 PNC Bank Pittsburgh PA 130,962,466 139,332,442 -6 566,181,447
11 Goldman Sachs New York NY 127,354,000 102,169,000 24.7 1,698,440,000
12 Truist Bank Charlotte NC 119,690,000 129,647,000 -7.7 534,959,000
13 USAA San Antonio TX 110,215,000 111,654,000 -1.3 217,199,000
14 State Street Bank Boston MA 102,668,000 108,865,000 -5.7 338,003,000
15 Capital One Bank McLean VA 79,337,528 82,709,838 -4.1 481,719,684
16 BMO Chicago IL 62,432,403 60,822,302 2.6 295,575,074
17 Ameriprise Financial Minneapolis MN 56,511,162 50,426,243 12.1 179,842,656
18 Fifth Third Bank Cincinnati OH 49,561,000 49,864,000 -0.6 214,506,000
19 Northern Trust Chicago IL 48,816,265 48,899,531 -0.2 156,110,990
20 KeyBank Cleveland OH 45,569,334 49,061,567 -7.1 187,530,705
American Banker_20 banks and thrifts with the largest portfolios of total securities__20.jpg
KeyBank ranked 20th with $45,569,334,000 in total securities.
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Northern Trust ranked 19th with $48,816,265,000 in total securities.
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Fifth Third Bank ranked 18th with $49,561,000,000 in total securities.
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Ameriprise Financial ranked 17th with $56,511,162,000 in total securities.
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BMO ranked 16th with $62,432,403,000 in total securities.
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Capital One Bank ranked 15th with $79,337,528,000 in total securities.
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State Street Bank ranked 14th with $102,668,000,000 in total securities.
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USAA ranked 13th with $,110,215,000000 in total securities.
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Truist Bank ranked 12th with $119,690,000,000 in total securities.
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Goldman Sachs ranked 11th with $127,354,000,000 in total securities.
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PNC Bank ranked 10th with $130,962,466,000 in total securities.
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BNY ranked 9th with $139,669,000,000 in total securities.
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Morgan Stanley ranked 8th with $,153,095,000000 in total securities.
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U.S. Bank ranked 7th with $155,393,000,000 in total securities.
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TD Bank ranked 6th with $163,542,282,000 in total securities.
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Charles Schwab ranked 5th with $270,265,000,000 in total securities.
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Wells Fargo ranked 4th with $398,865,000,000 in total securities.
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Citibank ranked 3rd with $501,895,000,000 in total securities.
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JPMorgan Chase ranked 2nd with $572,891,000,000 in total securities.
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Bank of America ranked 1st with $900,983,000,000 in total securities.
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