Largest Banks in the US (2026)

JPMorgan Chase Bank is the largest commercial bank in the United States, with consolidated assets of US$4.09tn at 30 June 2026, well ahead of the second-ranked bank. Its parent, JPMorganChase, is headquartered in New York and ranked first in the Forbes Global 2000 for 2026, with revenue of US$284.8bn and 318,512 employees. The group says its consumer and community banking business serves 80 million individuals, families and businesses.

Bank of America's national bank subsidiary held US$2.65tn of consolidated assets at mid-2026, of which US$2.49tn were domestic, a higher domestic share than any other bank in the top five. The parent company, Bank of America Corporation, is based in Charlotte and placed seventh in the Forbes Global 2000 for 2026 with revenue of US$195.0bn; Forbes records its founding by Amadeo Peter Giannini in 1904.

Citibank reported consolidated assets of US$1.98tn at 30 June 2026, but only US$1.21tn of that total was booked domestically, reflecting the size of its overseas branch network. The bank is headquartered for regulatory purposes in Sioux Falls, South Dakota, while its parent Citigroup is based in New York and ranked 18th in the Forbes Global 2000 for 2026, with revenue of US$173.9bn.

Wells Fargo Bank held US$1.91tn of consolidated assets at 30 June 2026, almost all of it domestic, placing it fourth among US commercial banks and close behind Citibank. Its parent, Wells Fargo & Company, is headquartered in San Francisco according to Forbes, which ranked it 20th in the 2026 Global 2000 with revenue of US$125.9bn and 205,000 employees.

Goldman Sachs Bank USA is a New York state-chartered member of the Federal Reserve System and reported consolidated assets of US$758.8bn at mid-2026. It is the deposit-taking arm of The Goldman Sachs Group, whose total group assets are far larger because most of its trading business sits outside the bank; Forbes lists the group's 2026 assets at US$2.06tn and revenue at US$129.0bn.

U.S. Bank, with consolidated assets of US$705.6bn at 30 June 2026, is the largest bank in the list that is not part of one of the four money-centre groups or Goldman Sachs. The bank's charter is based in Cincinnati, while its holding company U.S. Bancorp is headquartered in Minneapolis; Forbes records 68,520 employees and revenue of US$43.4bn for the group.

Capital One's bank held US$662.2bn of consolidated assets at mid-2026, virtually all of it domestic. The parent, Capital One Financial, is headquartered in McLean, Virginia, and was founded by Richard D. Fairbank, who still leads it according to Forbes; the group reported revenue of US$75.0bn in the 2026 Global 2000.

PNC Bank reported consolidated assets of US$609.8bn at 30 June 2026. Its charter is domiciled in Wilmington, Delaware, while the holding company is headquartered in Pittsburgh; Forbes records PNC Financial Services' founding in 1983 and revenue of US$34.6bn in its 2026 list.

Truist Bank held US$548.3bn of consolidated assets at mid-2026 and is the largest state-chartered non-member bank in the top ten. Its holding company, Truist Financial, is headquartered in Charlotte; Forbes gives the holding company's founding date as 6 December 2019 and records revenue of US$30.6bn.

The Bank of New York Mellon, the main banking subsidiary of the BNY group, reported consolidated assets of US$425.1bn at 30 June 2026. Its business is concentrated in custody, asset servicing and payments rather than consumer lending. Forbes traces the group to Alexander Hamilton's founding of the Bank of New York in 1784 and lists revenue of US$40.7bn.

Morgan Stanley Bank, chartered in Salt Lake City, held US$419.3bn of consolidated assets at mid-2026. Morgan Stanley operates a second national bank, Morgan Stanley Private Bank, which appears separately at 17th place; the Federal Reserve ranks each charter individually rather than combining them by parent. Forbes lists the parent group's 2026 revenue at US$123.7bn.

State Street Bank and Trust reported consolidated assets of US$412.6bn at 30 June 2026, with about a quarter booked outside the United States. The Boston-based State Street Corporation is one of the large custody banks; Forbes records its founding in 1792 and lists revenue of US$21.6bn and 51,503 employees.

TD Bank held US$342.8bn of consolidated assets at mid-2026, all of them domestic. The bank is owned through TD Group US Holdings by the Toronto-Dominion Bank of Canada, which Forbes ranks 34th in the 2026 Global 2000 and which held about US$1.55tn of assets group-wide.

Fifth Third Bank reported consolidated assets of US$299.2bn at 30 June 2026. Its holding company, Fifth Third Bancorp, is headquartered in Cincinnati and recorded revenue of US$14.1bn and 18,676 employees in the Forbes 2026 data.

Huntington National Bank held US$283.1bn of consolidated assets at mid-2026, all domestic. Forbes dates the group to 1866 and lists Huntington Bancshares, headquartered in Columbus, with revenue of US$13.1bn and 19,618 employees.

BMO Bank, headquartered in Chicago, reported consolidated assets of US$255.0bn at 30 June 2026. It is owned through BMO Financial Corp. by the Bank of Montreal, which Forbes lists under the name BMO with headquarters in Montréal and a 2026 Global 2000 rank of 80.

Morgan Stanley Private Bank, based in Purchase, New York, held US$250.4bn of consolidated assets at mid-2026. It is the second Morgan Stanley charter in the Federal Reserve's table; taken together, the two Morgan Stanley banks held US$669.7bn, which would place the group's banking assets between Capital One and U.S. Bank on a combined basis.

First-Citizens Bank & Trust reported consolidated assets of US$236.3bn at 30 June 2026. The holding company, First Citizens BancShares, is headquartered in Raleigh; Forbes lists Frank B. Holding as chief executive and records revenue of US$14.4bn and 18,141 employees.

Citizens Bank held US$232.5bn of consolidated assets at mid-2026. Its parent, Citizens Financial Group, is headquartered in Providence, Rhode Island; Forbes traces it to 1828 and lists 2026 revenue of US$12.1bn and 17,398 employees.

Manufacturers and Traders Trust Company, which trades as M&T Bank, reported consolidated assets of US$218.8bn at 30 June 2026. The holding company is headquartered in Buffalo, New York; Forbes gives a founding date of 30 August 1856 and revenue of US$13.2bn.

American Express National Bank, chartered in Sandy, Utah, held US$213.9bn of consolidated assets at mid-2026. It funds the card lending of American Express Company, the New York-based payments group that Forbes ranks 50th in the 2026 Global 2000 with revenue of US$82.4bn.

KeyBank reported consolidated assets of US$188.6bn at 30 June 2026. Its parent KeyCorp is headquartered in Cleveland and recorded revenue of US$11.1bn and 17,883 employees in the Forbes 2026 data.

Ally Bank, a Utah-chartered state member bank, held US$188.2bn of consolidated assets at mid-2026, only about US$0.4bn less than KeyBank. Its parent Ally Financial is headquartered in Detroit; Forbes traces the business to 1919 and lists 2026 revenue of US$15.6bn.

The Northern Trust Company reported consolidated assets of US$178.6bn at 30 June 2026, of which US$125.2bn were domestic. The Chicago group focuses on custody, asset servicing and wealth management; Forbes gives a founding date of 12 August 1889 and revenue of US$14.6bn.

HSBC Bank USA held US$173.1bn of consolidated assets at mid-2026, placing it 25th. It is owned through HSBC North America Holdings by HSBC Holdings plc of London, which reported group total assets of US$3.23tn at the end of 2025.