largest banks By market capitalization
By market capitalization, the U.S. bank JPMorgan Chase was the largest worldwide as of December 31, 2021.
JPMorgan Chase’s market capitalization reached around 450 billion+ U.S. dollars at that time, which was quite above the market capitalization of Bank of America.
As a result, it ranked second, at a value of around 364 billion U.S. dollars. JPMorgan Chase is also the biggest bank in the United States in total assets, but from a global viewpoint only the fifth largest in total assets.
Here are the top 50 largest banks by market capitalization worldwide.
largest banks By market capitalization
Bane Name | Market Cap (US$ Billion) |
JPMorgan Chase | 400.37 |
Industrial and Commercial Bank of China | 295.65 |
Bank of America | 279.73 |
Wells Fargo | 214.34 |
China Construction Bank | 207.98 |
Agricultural Bank of China | 181.49 |
HSBC Holdings PLC | 169.47 |
Citigroup Inc. | 163.58 |
Bank of China | 151.15 |
China Merchants Bank | 133.37 |
Royal Bank of Canada | 113.80 |
Toronto-Dominion Bank | 106.61 |
HDFC Bank | 105.9 |
Commonwealth Bank | 99.77 |
U.S. Bancorp | 84.40 |
Goldman Sachs | 78.70 |
Banco Santander | 75.47 |
Banco Bradesco | 74.67 |
Morgan Stanley | 73.93 |
Westpac | 67.84 |
Mitsubishi UFJ Financial Group | 66.20 |
Scotiabank | 65.48 |
PNC Financial Services | 63.11 |
Bank of Communications | 61.85 |
BNP Paribas | 59.36 |
Australia and New Zealand Banking Group | 54.88 |
National Australia Bank | 51.68 |
Lloyds Banking Group | 51.19 |
Sumitomo Mitsui Financial Group | 49.85 |
Bank of Montreal | 48.12 |
UBS | 45.92 |
ING Group | 44.97 |
Capital One | 43.22 |
The Bank of New York Mellon | 42.58 |
China Minsheng Bank | 39.13 |
China CITIC Bank | 38.55 |
Banco Bilbao Vizcaya Argentaria | 37.42 |
Mizuho Financial Group | 36.95 |
Intesa Sanpaolo | 36.90 |
Crédit Agricole | 34.89 |
Canadian Imperial Bank of Commerce | 34.87 |
Royal Bank of Scotland | 33.95 |
Barclays | 33.26 |
Credit Suisse | 30.75 |
Nordea | 29.59 |
Standard Chartered | 29.37 |
KBC Group | 27.40 |
UniCredit | 26.88 |
Société Générale | 21.27 |
Deutsche Bank | 15.77 |
FAQ about largest banks By market capitalization
Which bank has the largest market share?
JPMorgan Chase was the leading bank in the United States as of June 2021, with a market share of almost 14 percent.
What is the largest US bank based on market capitalization and loans?
As of December 31, 2021, the market capitalization of JPMorgan Chase amounted to 468 billion U.S. dollars making it the largest bank in the United States.
Which is the most valued bank in the world?
The fifth most valuable banking brand, and the most valuable banking brand outside China was the U.S. Bank of America, worth around 32.8 billion U.S. dollars.
What is the total market cap of banks?
The market capitalization of the global banking sector was 7.5 trillion euros in the second quarter of 2021.
Who is the oldest bank in the world?
Banca Monte dei Paschi di Siena
What is the world’s largest bank?
The Industrial and Commercial Bank Of China Ltd
Which bank has most branches in the world?
This bank provides services all over the world, with over 18,000 locations and 106 overseas branches.