Here is a list of the largest banks in the United States based on total assets (as of the latest data in 2024):
Top Largest Banks in the United States by Total Assets
- JPMorgan Chase & Co.
- Headquarters: New York, NY
- Total Assets: Approximately $4.0 trillion
- Notable for: Being the largest bank in the U.S. and a global leader in investment banking.
- Bank of America
- Headquarters: Charlotte, NC
- Total Assets: Approximately $3.2 trillion
- Notable for: Its consumer banking services and strong credit card portfolio.
- Citigroup
- Headquarters: New York, NY
- Total Assets: Approximately $2.4 trillion
- Notable for: International operations and presence in over 160 countries.
- Wells Fargo
- Headquarters: San Francisco, CA
- Total Assets: Approximately $1.9 trillion
- Notable for: Its large retail banking network.
- U.S. Bancorp (U.S. Bank)
- Headquarters: Minneapolis, MN
- Total Assets: Approximately $700 billion
- Notable for: Specializing in regional banking and payments services.
- Truist Financial
- Headquarters: Charlotte, NC
- Total Assets: Approximately $540 billion
- Notable for: Formed from the merger of BB&T and SunTrust.
- PNC Financial Services Group
- Headquarters: Pittsburgh, PA
- Total Assets: Approximately $550 billion
- Notable for: Expanding its retail banking footprint across the U.S.
- Goldman Sachs Group
- Headquarters: New York, NY
- Total Assets: Approximately $500 billion
- Notable for: Investment banking and wealth management.
- Morgan Stanley
- Headquarters: New York, NY
- Total Assets: Approximately $480 billion
- Notable for: Strong wealth management and investment banking divisions.
- TD Bank (U.S. Division of Toronto-Dominion Bank)
- Headquarters: Cherry Hill, NJ (U.S. operations)
- Total Assets: Approximately $400 billion
- Notable for: Retail banking and customer service.
Other Noteworthy Large Banks:
- Capital One Financial Corporation
- Headquarters: McLean, VA
- Notable for: Credit cards and consumer banking services.
- Charles Schwab Corporation
- Headquarters: Westlake, TX
- Focused on: Brokerage and wealth management.
These rankings are based on the most recent publicly available data and are subject to change as banks release new quarterly earnings reports. Would you like further insights into any specific bank?