20 US banks with the largest CRE loan volume

20 banks with the most CRE loans in Q4

Published April 3, 2025 9:25 AM

Updated April 3, 2025 2:51 PM

1 Min Read

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The top five banks had a combined commercial real estate loan volume of more than $482 billion as of Dec. 31. While loan volume decreased at most of the following 20 banks over the previous year, First Citizens Bank saw an increase of 11.3%.

Scroll through to see which banks were in the top 20 and how much their CRE totals changed from the previous year.

Source: S&P

Rank	Bank	Total CRE loans (millions)	YOY change	Proportion of total loans	Proportion of total assets	Leverage ratio	Total assets (millions)
20	KeyBank	$17,450	-7.90%	16.60%	9.50%	9.42%	$184,460
19	Santander Bank	$17,700	-2.60%	34.50%	17.20%	11.54%	$102,700
18	East West Bank	$18,500	0.60%	34.40%	24.40%	9.81%	$75,840
17	Webster Bank	$19,670	-1.30%	37.40%	24.90%	9.04%	$78,960
16	Bank OZK	$21,010	7.20%	70.10%	54.90%	13.73%	$38,260
15	First Citizens Bank	$22,950	11.30%	16.40%	10.30%	9.78%	$223,540
14	BMO	$23,290	-4.50%	15.70%	8.80%	9.85%	$263,650
13	Valley National Bank	$24,290	-12.40%	49.70%	38.90%	9.91%	$62,450
12	TD Bank	$24,950	-3.50%	13.70%	6.70%	9.94%	$372,780
11	Citizens Bank	$28,220	-7.00%	20.10%	13.00%	9.56%	$217,180
10	M&T Bank	$31,120	-15.50%	22.90%	15.00%	9.48%	$207,560
9	Citibank	$38,430	5.20%	5.80%	2.30%	9.01%	$1,696,820
8	Truist Bank	$40,020	-3.70%	13.00%	7.70%	10.13%	$523,130
7	Flagstar Bank	$44,070	-9.10%	63.70%	44.00%	8.05%	$100,100
6	Capital One	$44,360	-7.20%	13.50%	9.10%	10.69%	$487,190
5	PNC Bank	$45,800	-6.30%	14.40%	8.20%	9.84%	$556,140
4	U.S. Bank	$49,940	-10.30%	13.10%	7.50%	9.28%	$662,910
3	Bank of America	$83,680	1.10%	7.60%	3.20%	7.63%	$2,589,060
2	Wells Fargo	$127,380	-8.80%	14.50%	7.50%	8.72%	$1,705,540
1	JPMorgan Chase	$175,740	1.40%	12.90%	5.10%	7.90%	$3,459,260