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Top 10 US Commercial Banks by Total Assets (2024 Rankings)
Which US banks hold the most assets? Together the US banking system controls roughly $23.7 trillion, and the top four banks alone account for about 42% of that total. Below we rank the 10 largest US commercial banks by total assets, from JPMorgan Chase at the top to Capital One at #10. Vote for the bank you trust most, and tell us in the comments if we missed one.
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Frequently Asked Questions About the Largest US Banks
What are the Big Four US banks? The Big Four are JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. Together they hold roughly 42% of all US banking assets.
How is 'total assets' measured? Total assets is the sum of everything a bank owns or is owed: loans, securities, cash, and physical property. Regulators require banks to report this figure regularly.
Why did regional banks fall in 2023? In March 2023, Silicon Valley Bank, Signature Bank, and First Republic failed after rapid deposit withdrawals exposed weaknesses in their bond portfolios.
Is this list ranked by deposits or assets? This list is ranked by total assets, the most common measure of a bank's size.
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