20 banks and thrifts with the most deposits at the end of Q1

Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.

The top five banks and thrifts in the ranking have combined total assets of more than $7 trillion as of March 31, 2023. Several increased their assets over the previous year, with one seeing a rise of 53.29%.

Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ending March 2023.

American Banker_banks and thrifts with the most deposits Q1 2023_Huntington Bancshares_20.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Ally Financial_19.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_M&T_18.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Fifth Third Bancorp_17.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Citizens_16.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_BMO_15.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_State Street_14.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_BNY Mellon_13.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Charles Schwab_12.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_TD Bank_11.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Morgan Stanley_10.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Capital One_9.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Goldman Sachs_8.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Truist_7.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_PNC_6.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_U.S. Bancorp_5.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Citi_4.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Wells Fargo_3.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_Bank of America_2.jpg
American Banker_banks and thrifts with the most deposits Q1 2023_JPMorgan Chase_1.jpg
MORE FROM AMERICAN BANKER