Top 10 Largest Banks in the United States (2024)

1. JPMorgan Chase & Co:

Widely recognized as the largest bank in the U.S., it offers a range of financial services, including consumer banking, investment banking, asset management, and more.

2. Bank of America Corp:

Known for its diverse range of services, including consumer and business banking, wealth management, investment banking, and insurance.

3. Wells Fargo & Co:

Offers various financial services, including banking, mortgage, investing, credit cards, and commercial banking.

4. Citigroup Inc:

Provides a broad range of financial products and services, including consumer banking, corporate and investment banking, securities brokerage, and wealth management.

5. Goldman Sachs Group Inc:

Primarily focused on investment banking, asset management, institutional client services, and securities.

6.*Morgan Stanley:

Offers services in investment banking, securities, wealth management, and investment management.

7. U.S. Bancorp:

Provides banking, investment, mortgage, trust, and payment services to individuals, businesses, governmental entities, and other financial institutions.

8. Truist Financial Corporation:

Formed from the merger of BB&T Corporation and SunTrust Banks, Inc., offering banking, lending, asset management, and insurance services.

9. PNC Financial Services Group Inc.

Offers retail banking, corporate and institutional banking, asset management, and residential mortgage banking services.

10. TD Group US Holdings LLC (TD Bank):

A subsidiary of the Toronto-Dominion Bank, it provides retail banking, wealth management, and commercial banking services.

These rankings are subject to change due to various factors, including mergers, acquisitions, and fluctuations in financial performance. It’s advisable to refer to updated financial reports or authoritative financial news sources for the most current information.

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