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Banking

20 largest banks and thrifts by assets

ByEditorial Staff
October 16, 2024 5:30 AM
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The top five banks and thrifts in the ranking had combined assets of more than $13 trillion as of June 30. A majority of the top 20 increased their assets over the previous year, with American Express seeing the largest increase of 11.2%.

Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ended June 30.

Source: S&P

Banks with the most assets in the second quarter

Rank
 Company name
 Total assets 2024Q2
 Total assets 2023Q2
YOY change
20
 USAA
 $218,144,000,000
 $206,564,000,000
 5.6%
19
 First Citizens Bank
 $219,832,000,000
 $209,515,076,000
 4.9%
18
 Citizens Bank
 $220,373,586,000
 $223,468,136,000
 -1.4%
17
 HSBC
 $229,968,259,000
 $223,656,483,000
 2.8%
16
 American Express
 $272,219,000,000
 $244,904,000,000
 11.2%
15
 BMO
 $293,524,120,000
 $293,074,484,000
 0.2%
14
 State Street Bank
 $325,603,000,000
 $294,561,000,000
 10.5%
13
 BNY
 $428,539,000,000
 $430,382,000,000
 -0.4%
12
 Charles Schwab
 $449,675,000,000
 $511,505,000,000
 -12.1%
11
 Capital One Bank
 $480,017,822,000
 $467,799,623,000
 2.6%
10
 Truist Bank
 $519,853,000,000
 $554,549,000,000
 -6.3%
9
 TD Bank
 $523,648,352,000
 $516,128,603,000
 1.5%
8
 PNC Bank
 $556,539,109,000
 $558,222,918,000
 -0.3%
7
 U.S. Bank
 $680,058,000,000
 $680,825,000,000
 -0.1%
6
 Morgan Stanley
 $1,212,447,000,000
 $1,164,911,000,000
 4.1%
5
 Goldman Sachs Group
 $1,653,313,000,000
 $1,571,386,000,000
 5.2%
4
 Wells Fargo
 $1,940,074,000,000
 $1,876,322,000,000
 3.4%
3
 Citibank
 $2,405,686,000,000
 $2,423,675,000,000
 -0.7%
2
 Bank of America
 $3,257,996,000,000
 $3,123,198,000,000
 4.3%
1
 JPMorgan Chase
 $4,143,003,000,000
 $3,868,240,000,000
 7.1%
American Banker_20 largest banks and thrifts by assets__20.jpg
USAA ranked 20th with $218,144,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__19.jpg
First Citizens Bank ranked 19th with $219,832,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__18.jpg
Citizens Bank ranked 18th with $220,373,586,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__17.jpg
HSBC ranked 17th with $229,968,259,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__16.jpg
American Express ranked 16th with $272,219,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__15.jpg
BMO ranked 15th with $293,524,120,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__14.jpg
State Street Bank ranked 14th with $325,603,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__13.jpg
BNY ranked 13th with $428,539,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__12.jpg
Charles Schwab ranked 12th with $449,675,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__11.jpg
Capital One Bank ranked 11th with $480,017,822,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__10.jpg
Truist Bank ranked 10th with $519,853,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__9.jpg
TD Bank ranked 9th with $523,648,352,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__8.jpg
PNC Bank ranked 8th with $556,539,109,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__7.jpg
U.S. Bank ranked 7th with $680,058,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__6.jpg
Morgan Stanley ranked 6th with $1,212,447,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__5.jpg
Goldman Sachs ranked 5th with $1,653,313,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__4.jpg
Wells Fargo ranked 4th with $1,940,074,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__3.jpg
Citibank ranked 3rd with $2,405,686,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__2.jpg
Bank of America ranked 2nd with $3,257,996,000,000 total assets in the second quarter.
American Banker_20 largest banks and thrifts by assets__.jpg
JPMorgan Chase ranked 1st with $4,143,003,000,000 total assets in the second quarter.
Editorial Staff
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