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The top five companies in the ranking have combined deposits of nearly $7.5 trillion as of June 30. Eleven out of the top 20 saw an increase in their deposits over the previous year, with one seeing a rise of 8.3%.
Scroll through to see which banks, listed by their U.S. headquarters, are in the top 20 and how they fared in the 12 months ending in June.
Source: S&P
Banks ranked by total deposits in the second quarter
| Rank | Company name | Total deposits 2024Q2 | Total deposits 2023Q2 | YOY change |
| 20 | Ally Bank | $152,154,000,000 | $154,310,000,000 | -1.40% |
| 19 | Huntington Bank | $154,631,540,000 | $148,249,964,000 | 4.30% |
| 18 | M&T Bank | $159,906,008,000 | $162,056,787,000 | -1.30% |
| 17 | Fifth Third Bank | $166,768,000,000 | $164,127,000,000 | 1.60% |
| 16 | Citizens Bank | $176,885,109,000 | $178,183,835,000 | -0.70% |
| 15 | BMO | $202,075,389,000 | $200,571,401,000 | 0.70% |
| 14 | State Street Bank | $239,160,000,000 | $222,316,000,000 | 7.60% |
| 13 | Charles Schwab | $252,441,000,000 | $304,430,000,000 | -17.10% |
| 12 | BNY | $304,369,000,000 | $292,072,000,000 | 4.20% |
| 11 | TD Bank | $312,736,192,000 | $330,365,206,000 | -5.30% |
| 10 | Morgan Stanley | $348,893,000,000 | $348,513,000,000 | 0.10% |
| 9 | Capital One Bank | $351,449,936,000 | $343,710,168,000 | 2.30% |
| 8 | Truist Bank | $385,411,000,000 | $406,043,000,000 | -5.10% |
| 7 | PNC Bank | $416,410,277,000 | $427,506,839,000 | -2.60% |
| 6 | Goldman Sachs | $431,161,000,000 | $398,116,000,000 | 8.30% |
| 5 | U.S. Bank | $523,785,000,000 | $521,600,000,000 | 0.40% |
| 4 | Citibank | $1,278,137,000,000 | $1,330,516,000,000 | -3.90% |
| 3 | Wells Fargo | $1,365,991,000,000 | $1,344,694,000,000 | 1.60% |
| 2 | Bank of America | $1,910,491,000,000 | $1,877,209,000,000 | 1.80% |
| 1 | JPMorgan Chase | $2,396,530,000,000 | $2,398,962,000,000 | -0.10% |
