20 US banks with the largest CRE loan volume in the second quarter

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The top five banks had a combined commercial real estate loan volume of nearly $500 billion as of June 30. Loan volume increased at several of the following 20 banks over the previous year, with one reporting a rise of 22.0%.

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

Banks with the largest CRE loan volume

Company (top-level ticker) Total Assets ($B) Total CRE Loans ($B) YoY Change (%) Proportion of Total Loans (%) Proportion of Total Assets (%) Leverage Ratio (%)
JPMorgan Chase Bank NA (JPM) 3,510.54 173.84 1.6 13 5 8.13
Wells Fargo Bank NA (WFC) 1,719.84 137 -4.4 15.5 8 8.68
Bank of America NA (BAC) 2,550.58 86.57 11.4 8.2 3.4 7.63
U.S. Bank NA (USB) 664.92 54.17 -4 14.3 8.1 9.2
PNC Bank NA (PNC) 552.53 48.18 -3.7 14.9 8.7 8.71
Flagstar Bank NA (NYCB) 118.99 46.76 -4.4 56.7 39.3 7.82
Capital One NA (COF) 477.3 46.05 -8.9 14.4 9.6 10.55
Truist Bank (TFC) 511.93 40.74 -6.2 13.3 8 10.31
Citibank NA (C) 1,678.94 37.49 0.5 5.7 2.2 8.99
Manufacturers and Traders Trust Co. (MTB) 208.38 34.11 -15.7 25.3 16.4 9.22
Citizens Bank NA (CFG) 219.63 29.24 -4.1 20.5 13.3 9.16
Valley National Bank (VLY) 62.05 26.31 -3.6 52.3 42.4 9.15
TD Bank NA (TD) 370.33 24.8 4.7 13.4 6.7 10.93
BMO Bank NA (BMO) 262 24.3 -0.4 16.3 9.3 9.38
First Citizens Bank & Trust Co. (FCNC.A) 219.69 21.73 13.5 15.6 9.9 10.15
Bank OZK (OZK) 36.84 20.88 22 72.8 56.7 13.52
Webster Bank NA (WBS) 76.76 20.8 7.3 40.1 27.1 9.07
East West Bank (EWBC) 72.33 18.27 2.3 34.6 25.3 9.85
KeyBank NA (KEY) 184.96 18.16 -9.7 16.8 9.8 9.35
Santander Bank NA (SAN) 100.56 18.07 -0.5 32.8 18 11.77
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Santander Bank ranked 20th with $18,070,000,000 in CRE loans.
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KeyBank ranked 19th with $18,160,000,000 in CRE loans.
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East West Bank ranked 18th with $18,270,000,000 in CRE loans.
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Webster Bank ranked 17th with $20,800,000,000 in CRE loans.
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Bank OZK ranked 16th with $20,880,000,000 in CRE loans.
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First Citizens Bank ranked 15th with $21730,000,000 in CRE loans.
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BMO ranked 14th with $24,300,000,000 in CRE loans.
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TD Bank ranked 13th with $24,800,000,000 in CRE loans.
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Valley National Bank ranked 12th with $26,310,000,000 in CRE loans.
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Citizens Bank ranked 11th with $29,240,000,000 in CRE loans.
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M&T Bank ranked 10th with $34,110,000,000 in CRE loans.
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Citibank ranked 9th with $37,490,000,000 in CRE loans.
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Truist Bank ranked 8th with $40,740,000,000 in CRE loans.
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Capital One Bank ranked 7th with $46,050,000,000 in CRE loans.
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Flagstar Bank ranked 6th with $46,760,000,000 in CRE loans.
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PNC Bank ranked 5th with $48,180,000,000 in CRE loans.
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U.S. Bank ranked 4th with $54,170,000,000 in CRE loans.
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Bank of America ranked 3rd with $86,570,000,000 in CRE loans.
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Wells Fargo ranked 2nd with $137,000,000,000 in CRE loans.
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JPMorgan Chase ranked 2nd with $173,840,000,000 in CRE loans.
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