List of largest banks

The following are lists of the largest banks in the world, as measured by total assets.[1]

The ICBC building on the Bund, Shanghai.

By total assets

The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments.[1]

Accounting treatment affects the assets reported: for example, the United States uses US GAAP (as opposed to IFRS), which only reports the net derivative position in most cases, leading to US banks having fewer derivative assets than comparable non-US banks.[2] If JPMorgan Chase reported under the IFRS, it would be ranked 4th on the list as of 2022, rather than 5th.[1]

Rank Bank name Total assets
(2021)
(US$ billion)
1 Industrial and Commercial Bank of China Limited 5,536.53
2 China Construction Bank 4,762.46
3 Agricultural Bank of China 4,575.95
4 Bank of China 4,206.53
5 JPMorgan Chase 3,743.57
6 Mitsubishi UFJ Financial Group 3,176.84
7 Bank of America 3,169.50
8 HSBC 2,953.64
9 BNP Paribas 2,905.83
10 Crédit Agricole 2,674.35
11 Citigroup Inc. 2,291.41
12 SMBC Group 2,176.94
13 Japan Post Bank 1,998.98
14 Postal Savings Bank of China 1,981.53
15 Mizuho Financial Group 1,957.87
16 Wells Fargo 1,948.07
17 Barclays 1,874.40
18 Bank of Communications 1,836.38
19 Banco Santander 1,814.90
20 Groupe BPCE 1,724.12
21 Société Générale 1,665.47
22 Deutsche Bank 1,505.74
23 Toronto-Dominion Bank 1,486.40
24 Goldman Sachs 1,463.99
25 China Merchants Bank 1,455.94
26 Royal Bank of Canada 1,376.79
27 Industrial Bank (China) 1,354.25
28 China CITIC Bank 1,266.08
29 Shanghai Pudong Development Bank 1,251.38
30 Crédit Mutuel 1,249.36
31 Intesa Sanpaolo 1,215.74
32 Lloyds Banking Group 1,200.41
33 Morgan Stanley 1,188.14
34 UBS 1,117.18
35 China Minsheng Bank 1,094.48
36 ING Group 1,081.87
37 NatWest Group 1,058.86
38 UniCredit 1,042.50
39 Scotiabank 978.48
40 China Everbright Bank 929.08
41 Norinchukin Bank 927.77
42 Bank of Montreal 908.62
43 La Banque postale 878.32
44 Commonwealth Bank 836.05
45 Credit Suisse 829.12
46 Standard Chartered 827.82
47 Banco Bilbao Vizcaya Argentaria 818.21
48 Ping An Bank 774.70
49 CaixaBank 773.38
50 Rabobank 727.37
51 DZ Bank 713.38
52 Australia and New Zealand Banking Group 709.01
53 State Bank of India 694.90
54 Westpac 677.88
55 Canadian Imperial Bank of Commerce 676.95
56 National Australia Bank 670.70
57 Resona Holdings 662.32
58 Nordea 648.64
59 Danske Bank 602.01
60 U.S. Bancorp 573.28
61 KB Financial Group Inc 557.35
62 PNC Financial Services 557.19
63 Sumitomo Mitsui Trust Holdings 553.87
64 Huaxia Bank 550.75
65 Sberbank of Russia 548.58
66 Shinhan Bank 544.14
67 Truist Financial Corp 541.24
68 Commerzbank 536.65
69 DBS Bank 508.89
70 China Guangfa Bank 493.36
71 Bank of Beijing 474.36
72 ABN AMRO 453.90
73 The Bank of New York Mellon 444.44
74 Capital One 432.38
75 Nonghyup Bank 425.58
76 Hana Financial Group 421.81
77 Bank of Shanghai 411.53
78 OCBC Bank 402.16
79 Bank of Jiangsu 400.75
80 KBC Bank 393.17
81 Nomura Holdings 392.71
82 Nationwide Building Society 385.40
83 Woori Bank 375.42
84 Itaú Unibanco 371.38
85 Handelsbanken 370.13
86 SEB Group 365.43
87 China Zheshang Bank 359.97
88 Erste Group 350.96
89 DNB ASA 342.97
90 Banco do Brasil 340.89
91 United Overseas Bank 340.70
92 Industrial Bank of Korea 334.19
93 Landesbank Baden-Württemberg 321.05
94 State Street Corporation 314.62
95 Desjardins Group 313.78
96 Raiffeisen Gruppe 312.07
97 Swedbank 304.20
98 Bayerische Landesbank 303.14
99 Banco Bradesco 300.73
100 Qatar National Bank 300.24

Banks by country or territory
Number of banks in the top 100 by total assets [1]
RankCountryNumber
1 China19
2 United States12
3 Japan8
4  United Kingdom6
 France6
 South Korea6
 Canada6
8  Germany5
9 Australia4
10  Brazil3
 Netherlands3
 Singapore3
 Spain3
 Sweden3
 Switzerland3
16 Italy2
17  India1
 Austria1
 Belgium1
 Denmark1
 Finland1
 Norway1
 Russia1
 Qatar1

By market capitalization

The list is based on Relbanks.com's ranking as at 1 July 2019, where the data are derived from annual reports and financial statements of the companies.[3]

Rank Bank name Market cap
(US$ billion)
1 JPMorgan Chase 368.78
2 Industrial and Commercial Bank of China 295.65
3 Bank of America 279.73
4 Wells Fargo 214.34
5 China Construction Bank 207.98
6 Agricultural Bank of China 181.49
7 HSBC Holdings PLC 169.47
8 Citigroup Inc. 163.58
9 Bank of China 151.15
10 China Merchants Bank 133.37
11 Royal Bank of Canada 113.80
12 Toronto-Dominion Bank 106.61
13 Commonwealth Bank 99.77
14 Itaú Unibanco 85.68
15 U.S. Bancorp 84.40
17 Goldman Sachs 78.70
18 Banco Santander 75.47
19 Morgan Stanley 73.93
20 Westpac 67.84
21 Mitsubishi UFJ Financial Group 66.20
22 Scotiabank 65.48
23 PNC Financial Services 63.11
24 Bank of Communications 61.85
25 BNP Paribas 59.36
26 Australia and New Zealand Banking Group 54.88
27 National Australia Bank 51.68
28 Lloyds Banking Group 51.19
29 Sumitomo Mitsui Financial Group 49.85
30 Bank of Montreal 48.12
31 UBS 45.92
32 ING Group 44.97
33 Capital One 43.22
34 The Bank of New York Mellon 42.58
35 China Minsheng Bank 39.13
36 China CITIC Bank 38.55
37 Banco Bilbao Vizcaya Argentaria 37.42
38 Mizuho Financial Group 36.95
39 Intesa Sanpaolo 36.90
40 Crédit Agricole 34.89
41 Canadian Imperial Bank of Commerce 34.87
42 NatWest Group 33.95
43 Barclays 33.26
44 Credit Suisse 30.75
45 Nordea 29.59
46 Standard Chartered 29.37
47 KBC Bank 27.40
48 UniCredit 26.88
49 Société Générale 21.27
50 Deutsche Bank 15.77

See also

References
  1. Yamaguchi, Yuzo; Terris, Harry; Ahmad, Rehan (2022-04-11). "The world's 100 largest banks, 2022". spglobal.com. S&P Global Market Intelligence. Retrieved 2022-12-04.
  2. "World's 100 Biggest Banks: China's ICBC #1". Forbes. February 12, 2014.
  3. "World's Largest Banks 2019". Relbanks.com. July 1, 2019.
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