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The top five banks and thrifts in the ranking had combined assets of more than $13 trillion as of June 30. A majority of the top 20 increased their assets over the previous year, with American Express seeing the largest increase of 11.2%.
Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ended June 30.
Source: S&P
Banks with the most assets in the second quarter
Rank |
Company name |
Total assets 2024Q2 |
Total assets 2023Q2 |
YOY change |
20 |
USAA |
$218,144,000,000 |
$206,564,000,000 |
5.6% |
19 |
First Citizens Bank |
$219,832,000,000 |
$209,515,076,000 |
4.9% |
18 |
Citizens Bank |
$220,373,586,000 |
$223,468,136,000 |
-1.4% |
17 |
HSBC |
$229,968,259,000 |
$223,656,483,000 |
2.8% |
16 |
American Express |
$272,219,000,000 |
$244,904,000,000 |
11.2% |
15 |
BMO |
$293,524,120,000 |
$293,074,484,000 |
0.2% |
14 |
State Street Bank |
$325,603,000,000 |
$294,561,000,000 |
10.5% |
13 |
BNY |
$428,539,000,000 |
$430,382,000,000 |
-0.4% |
12 |
Charles Schwab |
$449,675,000,000 |
$511,505,000,000 |
-12.1% |
11 |
Capital One Bank |
$480,017,822,000 |
$467,799,623,000 |
2.6% |
10 |
Truist Bank |
$519,853,000,000 |
$554,549,000,000 |
-6.3% |
9 |
TD Bank |
$523,648,352,000 |
$516,128,603,000 |
1.5% |
8 |
PNC Bank |
$556,539,109,000 |
$558,222,918,000 |
-0.3% |
7 |
U.S. Bank |
$680,058,000,000 |
$680,825,000,000 |
-0.1% |
6 |
Morgan Stanley |
$1,212,447,000,000 |
$1,164,911,000,000 |
4.1% |
5 |
Goldman Sachs Group |
$1,653,313,000,000 |
$1,571,386,000,000 |
5.2% |
4 |
Wells Fargo |
$1,940,074,000,000 |
$1,876,322,000,000 |
3.4% |
3 |
Citibank |
$2,405,686,000,000 |
$2,423,675,000,000 |
-0.7% |
2 |
Bank of America |
$3,257,996,000,000 |
$3,123,198,000,000 |
4.3% |
1 |
JPMorgan Chase |
$4,143,003,000,000 |
$3,868,240,000,000 |
7.1% |
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