Leading U.S. Banks by Asset Size: Top 10 Rankings

Overview of the Largest Banks in the United States by Assets

Recent years have challenged Wall Street, prompting many banks to ramp up digital marketing to stay competitive. Understanding the stability of your banking institution is crucial in volatile times. Here is a list of the top 10 American banks based on total assets, highlighting their financial strength and scale.

JPMorgan Chase & Co.
Assets: $2.35 trillion
This bank was established in 1996 through mergers, combining Chase and JPMorgan. It is currently the largest bank in the U.S., based in New York City, with 94 branches and nearly 230,000 employees across 100 countries.

Bank of America
Assets: $2.18 trillion
Founded in 1904 by Amadeo Giannini, originally as Bank of Italy, it evolved to Bank of America. Headquartered in Charlotte, North Carolina, it boasts over 5,100 branches and more than 150,000 employees.

Wells Fargo
Assets: $1.84 trillion
Founded in 1852 by Henry Wells and William Fargo, this San Francisco-based bank emphasizes sustainability and environmental initiatives. It employs over 265,000 staff across 35 countries, operating more than 8,700 branches.

The bank serves millions through its extensive branch network and is known for its commitment to green initiatives in banking.

Citigroup
Assets: $1.8 trillion
Established in 1812, Citigroup's flagship, Citibank, operates with a significant presence in North America, running 983 branches and serving over 15 million clients from its Manhattan headquarters.

Goldman Sachs Group
Assets: $878 billion
Founded in 1869 by Marcus Goldman and Samuel Sachs, this global investment bank is based in New York and has a presence across Asia, Europe, and the Americas, with over 35,000 employees.

Morgan Stanley
Assets: $807 billion
This international financial services firm is headquartered in Manhattan. It operates more than 1,300 offices worldwide with a workforce of approximately 60,000 employees.

U.S. Bancorp
Assets: $428 billion
Founded in 1929, it is the fifth-largest domestic commercial bank, with a network of over 3,000 branches across 25 states and belongs to U.S. Bank National Association.

Bank of New York Mellon
Assets: $372 billion
Established in 2007 but tracing roots back to 1784, BNY Mellon combines legacy with modern banking solutions, serving clients with extensive experience in financial management.

PNC Financial Services
Assets: $361 billion
Operating more than 2,600 branches and 9,000 ATMs, PNC offers comprehensive banking, online, and mobile services, serving millions nationwide.

Capital One
Assets: $330 billion
This firm, founded in 1994 and renamed in 2005, specializes in credit cards, auto, and home loans, offering a range of banking solutions to consumers.