List of largest banks

The following are lists of the largest commercial banks in the world, as measured by total assets and market capitalization.

By total assets

This list is based on the April 2025 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] Another publication which compiles an annual list of the world's largest banks is The Banker magazine. It publishes a list of the World 1000 Largest Banks every July.[2] The financial data published by the July yearly issue of The Banker are much more extensive compared to the S&P Top 100 banks, but it is not a publication intended for the general public.

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.[3] When adjusted forward this netting, JPMorgan Chase would have US$4,607.43 billion in total assets, rather than US$4,002.81 billion.[1] However, this has no impact on the ranking of the bank.

Rank Bank name Total assets
(2025)
(US$ billion)
1 Industrial and Commercial Bank of China 6,688.74
2 Agricultural Bank of China 5,923.76
3 China Construction Bank 5,558.38
4 Bank of China 4,803.51
5 JPMorgan Chase 4,002.81
6 Bank of America 3,261.52
7 HSBC 2,989.81
8 BNP Paribas 2,809.83
9 Crédit Agricole 2,693.58
10 Mitsubishi UFJ Financial Group 2,628.12
11 Postal Savings Bank of China 2,340.69
12 Citigroup 2,151.95
13 Bank of Communications 2,041.45
14 SMBC Group 1,977.18
15 Wells Fargo 1,929.85
16 Banco Santander 1,901.94
17 Barclays 1,900.67
18 Mizuho Financial Group 1,805.52
19 Goldman Sachs 1,675.97
20 China Merchants Bank 1,664.87
21 Groupe BPCE 1,646.53
22 Société Générale 1,601.74
23 UBS 1,563.32
24 Japan Post Bank 1,546.95
25 Royal Bank of Canada 1,513.86
26 Toronto-Dominion Bank 1,446.51
27 Industrial Bank 1,439.62
28 Deutsche Bank 1,436.15
29 China CITIC Bank 1,306.01
30 Shanghai Pudong Development Bank 1,296.31
31 Crédit Mutuel 1,252.10
32 Morgan Stanley 1,215.07
33 Lloyds Banking Group 1,135.12
34 China Minsheng Bank 1,070.68
35 ING Group 1,056.57
36 Bank of Montreal 1,014.36
37 Scotiabank 978.47
38 Intesa Sanpaolo 966.23
39 China Everbright Bank 953.41
40 NatWest Group 886.34
41 ANZ Group 852.19
42 Standard Chartered 849.69
43 State Bank of India 846.64
44 UniCredit 811.68
45 Commonwealth Bank 809.81
46 Banco Bilbao Vizcaya Argentaria 799.67
47 Ping An Bank 790.41
48 La Banque postale 766.91
49 National Australia Bank 748.98
50 Canadian Imperial Bank of Commerce 747.91
51 Westpac 747.10
52 DZ Bank 682.93
53 U.S. Bancorp 678.32
54 CaixaBank 653.28
55 Rabobank 651.47
56 Nordea 645.36
57 Capital One 637.78
58 DBS Group 606.13
59 Huaxia Bank 599.59
60 Commerzbank 574.23
61 Bank of Beijing 574.14
62 Norinchukin Bank 560.75
63 PNC Financial Services 560.04
64 Sberbank of Russia 557.48
65 Bank of Jiangsu 541.41
66 Truist Financial Corp 531.18
67 Danske Bank 515.87
68 KB Financial Group 513.01
69 Shinhan Financial Group 500.77
70 Nationwide Building Society 498.77
71 Sumitomo Mitsui Trust Holdings 498.16
72 China Guangfa Bank 494.93
73 HDFC Bank 494.06
74 Itaú Unibanco 492.90
75 Resona Holdings 491.13
76 Charles Schwab Corporation 479.84
77 Oversea-Chinese Banking Corporation 458.00
78 China Zheshang Bank 455.61
79 Bank of Shanghai 442.06
80 Hana Financial Group 431.78
81 Bank of Ningbo 428.16
82 Nonghyup Bank 419.37
83 BNY Mellon 416.06
84 ABN AMRO 411.66
85 United Overseas Bank 393.97
86 Banco do Brasil 393.52
87 Woori Financial Group 393.34
88 KBC Group 386.22
89 Nomura Holdings 385.00
90 Landesbank Baden-Württemberg 368.98
91 Erste Group 366.22
92 National Bank of Canada 365.25
93 State Street Corporation 362.95
94 Qatar National Bank 356.52
95 Bank of Nanjing 355.03
96 SEB Group 339.65
97 Raiffeisen Group 337.25
98 Banco Bradesco 331.96
99 VTB Bank 330.43
100 First Abu Dhabi Bank 330.32

Banks by country or territory

Number of banks in the top 100 by total assets [1]
Rank Country Number
1 China 21
2 United States 13
3 Japan 8
4 Canada 6
France 6
United Kingdom 6
7 South Korea 5
8 Australia 4
Germany 4
10 Brazil 3
Netherlands 3
Singapore 3
Spain 3
14 India 2
Italy 2
Russia 2
 Switzerland 2
18 Austria 1
Belgium 1
Denmark 1
Finland 1
Qatar 1
Sweden 1
United Arab Emirates 1

By market capitalization

Many of the largest banks in the world are part of larger bank holding companies. This structure allows them to offer various financial services, making them more resilient and competitive in the global market. GlobalData and Forbes India maintain their own lists of the top ten largest banks in the world ranked by their market capitalization.[4][5]

JPMorgan Chase, the largest bank in the world by market capitalization
Bank name GlobalData

(as of 30 September 2024)[4]

Forbes India

(as of 4 October 2024)[5]

Rank Market cap
(US$ billion)
Rank Market cap
(US$ billion)
JPMorgan Chase 1 599.931 1 583.91
Bank of America 2 307.900 2 304.56
Industrial and Commercial Bank of China 3 303.543 3 288.06
Agricultural Bank of China 4 232.836 4 231.00
Bank of China 5 209.295 6 187.79
China Construction Bank 6 192.715 5 197.15
Wells Fargo 7 192.279 7 187.13
HSBC 8 163.544 10 159.35
Commonwealth Bank 9 156.639
Goldman Sachs 10 156.356
Royal Bank of Canada 8 173.86
Morgan Stanley 9 169.17

See also

References

  1. ^ a b c Jimenea, Adrian; Wu, John; Terris, Harry; Singh, Yuvraj; Lozano, Cheska (15 April 2025). "The world's largest banks by assets, 2025". spglobal.com. S&P Global Market Intelligence. Retrieved 2 October 2025.
  2. ^ Banker, The. "Top 1000". www.thebanker.com. Retrieved 26 August 2023.
  3. ^ "World's 100 Biggest Banks: China's ICBC #1". Forbes. 12 February 2014.
  4. ^ a b "Top 10 Banks in the World by Market Capitalization". globaldata.com. 30 September 2024. Retrieved 26 October 2024.
  5. ^ a b "The 10 Largest Banks In The World In 2024". Forbes India. 4 October 2024. Retrieved 26 October 2024.