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The top five companies in the ranking had combined assets of more than $13 trillion as of Sept. 30. Seventeen of the top 20 increased their assets over the previous year, with one seeing a rise of 19%. Of the companies that saw their assets shrink, the year-on-year declines ranged from 1.9% to 3.6%.
Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ended on September 30.
Source: S&P
Banks and thrifts ranked by assets in Q3
| Rank | Company name | Total assets 2024 Q3 | Total assets 2023 Q3 | YOY change |
| 20 | Citizens Bank | $220,309,167,000 | $225,635,456,000 | -2.4% |
| 19 | First Citizens Bank | $220,567,000,000 | $213,766,300,000 | 3.2% |
| 18 | USAA | $221,838,000,000 | $208,052,000,000 | 6.6% |
| 17 | HSBC | $233,747,630,000 | $224,496,230,000 | 4.1% |
| 16 | American Express | $270,979,000,000 | $250,587,000,000 | 8.1% |
| 15 | BMO | $297,929,924,000 | $291,182,212,000 | 2.3% |
| 14 | State Street Bank | $338,481,000,000 | $284,415,000,000 | 19.0% |
| 13 | BNY | $427,461,000,000 | $405,248,000,000 | 5.5% |
| 12 | Charles Schwab | $466,055,000,000 | $475,204,000,000 | -1.9% |
| 11 | Capital One | $486,432,796,000 | $471,434,737,000 | 3.2% |
| 10 | Truist Bank | $523,434,000,000 | $542,966,000,000 | -3.6% |
| 9 | TD Bank | $560,480,560,000 | $511,769,848,000 | 9.5% |
| 8 | PNC Bank | $565,085,257,000 | $557,355,743,000 | 1.4% |
| 7 | U.S. Bank | $686,469,000,000 | $668,039,000,000 | 2.8% |
| 6 | Morgan Stanley | $1,258,027,000,000 | $1,169,013,000,000 | 7.6% |
| 5 | Goldman Sachs | $1,728,080,000,000 | $1,577,153,000,000 | 9.6% |
| 4 | Wells Fargo | $1,922,125,000,000 | $1,909,261,000,000 | 0.7% |
| 3 | Citibank | $2,430,663,000,000 | $2,368,477,000,000 | 2.6% |
| 2 | Bank of America | $3,324,293,000,000 | $3,153,090,000,000 | 5.4% |
| 1 | JPMorgan Chase | $4,210,048,000,000 | $3,898,333,000,000 | 8.0% |
