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
(December 2025)
(US$ billion)
1 Industrial and Commercial Bank of China 7,585.85
2 Agricultural Bank of China 6,979.43
3 China Construction Bank 6,204.37
4 Bank of China 5,248.22
5 JPMorgan Chase 4,424.90
6 Bank of America 3,410.39
7 HSBC 3,233.03
8 BNP Paribas 3,221.24
9 Crédit Agricole 2,789.12
10 Mitsubishi UFJ Financial Group 2,723.00
11 Postal Savings Bank of China 2,697.74
12 Citigroup 2,657.32
13 Bank of Communications 2,247.40
14 Wells Fargo 2,148.63
15 Barclays 2,079.00
16 SMBC Group 2,024.00
17 Banco Santander 1,942.50
18 Mizuho Financial Group 1,826.49
19 Société Générale 1,816.00
20 Goldman Sachs 1,810.00
21 China Merchants Bank 1,776.38
22 Groupe BPCE 1,720.10
23 Royal Bank of Canada 1,659.82
24 Deutsche Bank 1,623.48
25 UBS 1,610.45
26 Japan Post Bank 1,568.20
27 Industrial Bank 1,540.12
28 Toronto-Dominion Bank 1,498.00
29 China CITIC Bank 1,396.44
30 Crédit Mutuel 1,325.10
31 Shanghai Pudong Development Bank 1,316.42
32 Morgan Stanley 1,300.00
33 Lloyds Banking Group 1,263.61
34 ING Group 1,238.00
35 Intesa Sanpaolo 1,107.00
36 China Minsheng Bank 1,105.40
37 Bank of Montreal 1,054.29
38 Scotiabank 1,044.00
39 China Everbright Bank 982.15
40 NatWest Group 978.08
41 Commonwealth Bank 955.00
42 Standard Chartered 919.96
43 State Bank of India 911.00
44 Itaú Unibanco 898.00
45 ANZ Group 897.00
46 UniCredit 855.40
47 Banco Bilbao Vizcaya Argentaria 825.30
48 Ping An Bank 815.60
49 Canadian Imperial Bank of Commerce 798.89
50 La Banque postale 795.20
51 Westpac 766.40
52 DZ Bank 766.40
53 National Australia Bank 748.98
54 U.S. Bancorp 692.35
55 CaixaBank 675.40
56 Rabobank 672.10
57 Capital One 669.01
58 Nordea 665.80
59 DBS Group 665.00
60 Huaxia Bank 615.20
61 Commerzbank 595.40
62 Bank of Beijing 592.30
63 Sberbank of Russia 585.20
64 Norinchukin Bank 575.60
65 PNC Financial Services 573.57
66 Bank of Jiangsu 560.10
67 Truist Financial Corp 547.54
68 Danske Bank 535.40
69 KB Financial Group 532.10
70 Shinhan Financial Group 515.60
71 HDFC Bank 515.00
72 Nationwide Building Society 512.40
73 Sumitomo Mitsui Trust Holdings 510.90
74 China Guangfa Bank 505.30
75 Resona Holdings 502.10
76 Charles Schwab Corporation 495.20
77 Oversea-Chinese Banking Corporation 475.60
78 ABN AMRO 472.30
79 BNY Mellon 472.30
80 China Zheshang Bank 472.10
81 Bank of Shanghai 455.40
82 Hana Financial Group 445.60
83 Bank of Ningbo 442.30
84 Nonghyup Bank 432.10
85 United Overseas Bank 410.20
86 Banco do Brasil 405.30
87 Woori Financial Group 402.10
88 KBC Group 395.40
89 Nomura Holdings 392.10
90 Landesbank Baden-Württemberg 382.40
91 Erste Group 375.60
92 National Bank of Canada 372.10
93 State Street Corporation 366.05
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.