Largest American Banks by Market Capitalization

JPMorgan Chase, created by the merger of J.P. Morgan & Co. and Chase Manhattan Company, is the largest bank in the United States and the world’s largest bank by market capitalization. It is one of the “Big Four” American banks — alongside Bank of America, Citigroup, and Wells Fargo — all of which are considered systemically important by the Financial Stability Board.

These institutions, along with Goldman Sachs and Morgan Stanley, trade primarily on the NYSE in USD. The U.S. banking sector spans several distinct business lines:

• Retail Banking: Personal financial services such as savings deposits, mortgages, loans, and lines of credit — served by all major universal banks.
• Commercial Banking: Account management and credit services tailored to businesses, from small firms to large corporations. Wells Fargo, founded in 1852, remains primarily domestic-focused with more than 95% of its revenue from U.S. consumers and U.S.-based companies.
• Investment Banking: Corporate lending, sales and trading, and mergers and acquisitions advisory. Goldman Sachs and Morgan Stanley — founded in 1935 and now operating in more than 40 countries — are the leading names here.
• Wealth Management: A fast-growing segment generating revenue through retail brokerage and asset management. U.S. Bancorp, which holds the second oldest bank charter in the nation, combines this with a strong retail and commercial presence.
• Consumer Credit: Capital One Financial (COF), listed on the NYSE, is best known for its credit card offerings alongside traditional banking services.

Thousands of commercial banks and savings and loan associations in the United States are insured by the Federal Deposit Insurance Corporation (FDIC). The KBW Nasdaq Bank Index (BKX), a modified market-capitalization-weighted index tracking 24 leading U.S. banking stocks, serves as the sector’s main benchmark. The Invesco KBW Bank ETF (KBWB) tracks this index. For a broader view of the largest financial companies globally, or to compare with the largest European banks and the largest Chinese and Asian banks, see our dedicated pages.

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The table below ranks the leading publicly traded US banking institutions by market capitalization, with live prices and valuations updated throughout the trading day.