Company Rankings

Largest Banks in the World (2026)

The 25 largest banks in the world ranked by total assets at the end of 2025, from S&P Global Market Intelligence's 2026 ranking.

The size of a bank is conventionally measured by total assets, the sum of the loans, securities and other holdings on its balance sheet. The most widely cited global ranking is compiled each year by S&P Global Market Intelligence; its 2026 edition ranks banks on assets reported at 31 December 2025, converted to US dollars.

Industrial and Commercial Bank of China leads the 2026 ranking with US$7.65tn of assets, and China's four largest state-owned banks occupy the first four places. JPMorganChase, with US$4.42tn, is the largest bank outside China.

This list covers the top 25. By country, China has 7 banks in it, the United States 5, France 4, Japan 3 and the United Kingdom 2, with one each from Spain, Canada, Germany and Switzerland.

Contents
  1. How bank size is measured
  2. Concentration of assets
  3. Methodology
  4. The list
  5. Comparison table
  6. Banks just outside the top 25
  7. Frequently asked questions
  8. See also

At a glance

  1. Industrial and Commercial Bank of China (ICBC) — World's largest bank by total assets
  2. Agricultural Bank of China — Second-largest bank, with a large rural network
  3. China Construction Bank — Third of China's 'big four' state banks
  4. Bank of China — Most international of the large Chinese banks
  5. JPMorganChase — Largest bank outside China
  6. Bank of America — Second-largest US banking group
  7. BNP Paribas — Largest bank in Europe by assets in the 2026 ranking
  8. HSBC Holdings — Largest UK-headquartered bank
  9. Crédit Agricole Group — French cooperative banking group
  10. Postal Savings Bank of China — Deposit-rich bank built on China's postal network
  11. Mitsubishi UFJ Financial Group — Japan's largest banking group
  12. Citigroup — US bank with the widest international footprint
  13. Banco Santander — Largest bank in Spain by assets
  14. Bank of Communications — Shanghai-based state-controlled bank
  15. Wells Fargo — Large US retail and commercial bank
  16. Barclays — UK universal and investment bank
  17. Sumitomo Mitsui Financial Group — Japanese megabank group
  18. Groupe BPCE — French cooperative group behind Banque Populaire and Caisse
  19. Mizuho Financial Group — Third of Japan's megabank groups
  20. China Merchants Bank — Shenzhen-based joint-stock commercial bank
  21. Société Générale — Paris-based universal bank
  22. Goldman Sachs — Investment bank with a large balance sheet
  23. Royal Bank of Canada — Canada's largest bank
  24. Deutsche Bank — Germany's largest bank
  25. UBS — Swiss wealth-management and investment bank

How bank size is measured

Total assets is the standard yardstick for comparing banks, but it is sensitive to accounting conventions and exchange rates. Because the ranking is expressed in US dollars, movements in the renminbi, euro, yen and sterling against the dollar can change the order between two years without any change in the underlying business.

Other measures give different results. The Forbes Global 2000, which combines sales, profits, assets and market value, ranked JPMorganChase first overall in 2026, ahead of ICBC in sixth place, because of JPMorganChase's higher profit and market value.

Concentration of assets

The 100 banks in the S&P Global 2026 ranking held about US$132.5tn of assets combined, as summed by Wall-Street.ro from the published table. The four Chinese state-owned banks at the top accounted for about US$26.6tn of that, and the top ten for about US$46.8tn.

European banks numbered 31 in the top 100 but only three in the top ten: BNP Paribas, HSBC and Crédit Agricole Group.

Methodology

Entries are the first 25 banks of S&P Global Market Intelligence's ranking of the world's largest banks by assets for 2026, in S&P's order. The metric is total assets at 31 December 2025 in US dollars, as compiled by S&P. The S&P article itself returned an access error during research, so the figures are taken from the full top-100 table as republished by Wall-Street.ro on 29 July 2026, which credits S&P as its source.

Headquarters cities, employee numbers, revenue, profits and founding dates in the entry descriptions come from the Forbes Global 2000 for 2026, published on 24 June 2026; Forbes figures relate to the listed parent company and may cover a different period from the S&P asset figures. Groupe BPCE does not appear in the Forbes list, and for Crédit Agricole the Forbes figures relate to the listed subsidiary rather than the whole group, so they are not shown.

The list

1

Industrial and Commercial Bank of China (ICBC)

Best for: World's largest bank by total assets

ICBC is the largest bank in the world by total assets, with US$7.65tn at the end of 2025 in S&P Global Market Intelligence's 2026 ranking. The Beijing-based state-controlled lender also has the most employees of any bank in the Forbes 2026 data, at 409,758, and ranked sixth overall in the Forbes Global 2000 with revenue of US$210.3bn. Forbes dates the bank's founding to 1 January 1984.

Total assets (31 Dec 2025)
US$7,645.80bn
Country
China
Headquarters
Beijing
Forbes Global 2000 rank (2026)
6
Revenue (Forbes 2026)
US$210.3bn
Employees (Forbes 2026)
409,758
2

Agricultural Bank of China

Best for: Second-largest bank, with a large rural network

Agricultural Bank of China held US$6.97tn of assets at the end of 2025, ranking second worldwide. The Beijing-based bank was 10th in the Forbes Global 2000 for 2026, with revenue of US$196.1bn and profit of US$39.2bn; Forbes gives its founding date as 10 July 1951.

Total assets (31 Dec 2025)
US$6,974.82bn
Country
China
Headquarters
Beijing
Forbes Global 2000 rank (2026)
10
Revenue (Forbes 2026)
US$196.1bn
3

China Construction Bank

Best for: Third of China's 'big four' state banks

China Construction Bank reported US$6.52tn of total assets at end-2025 in the S&P ranking. Forbes ranks it ninth in the 2026 Global 2000, with US$192.3bn of revenue, US$48.2bn of profit and 378,344 employees, and records its founding in October 1954.

Total assets (31 Dec 2025)
US$6,524.05bn
Country
China
Headquarters
Beijing
Forbes Global 2000 rank (2026)
9
Revenue (Forbes 2026)
US$192.3bn
Employees (Forbes 2026)
378,344
4

Bank of China

Best for: Most international of the large Chinese banks

Bank of China completes the group of four Chinese state-owned banks at the top of the ranking, with US$5.48tn of assets at the end of 2025. Forbes dates the bank to 5 February 1912, making it the oldest of the four, and lists 2026 revenue of US$173.8bn and 313,746 employees.

Total assets (31 Dec 2025)
US$5,484.11bn
Country
China
Headquarters
Beijing
Forbes Global 2000 rank (2026)
12
Revenue (Forbes 2026)
US$173.8bn
Employees (Forbes 2026)
313,746
5

JPMorganChase

Best for: Largest bank outside China

JPMorganChase is the largest bank outside China, with US$4.42tn of assets at the end of 2025. It ranked first overall in the Forbes Global 2000 for 2026, with revenue of US$284.8bn and profit of US$58.6bn, and its US national bank subsidiary is the largest commercial bank in the United States.

Total assets (31 Dec 2025)
US$4,424.90bn
Country
United States
Headquarters
New York
Forbes Global 2000 rank (2026)
1
Revenue (Forbes 2026)
US$284.8bn
Employees (Forbes 2026)
318,512
6

Bank of America

Best for: Second-largest US banking group

Bank of America reported US$3.41tn of total assets at end-2025, sixth in the world. The Charlotte-based group placed seventh in the Forbes Global 2000 for 2026 with revenue of US$195.0bn and 213,000 employees.

Total assets (31 Dec 2025)
US$3,411.74bn
Country
United States
Headquarters
Charlotte
Forbes Global 2000 rank (2026)
7
Revenue (Forbes 2026)
US$195.0bn
Employees (Forbes 2026)
213,000
7

BNP Paribas

Best for: Largest bank in Europe by assets in the 2026 ranking

BNP Paribas held US$3.28tn of assets at the end of 2025, placing it ahead of HSBC as the largest European bank in the S&P Global 2026 ranking. The Paris-based group reported revenue of US$165.3bn and 177,990 employees in the Forbes 2026 data.

Total assets (31 Dec 2025)
US$3,279.30bn
Country
France
Headquarters
Paris
Forbes Global 2000 rank (2026)
37
Revenue (Forbes 2026)
US$165.3bn
Employees (Forbes 2026)
177,990
8

HSBC Holdings

Best for: Largest UK-headquartered bank

HSBC is the largest bank headquartered in the United Kingdom, with US$3.21tn of assets in the S&P ranking. Its own 2025 annual results show total assets of US$3,233bn and profit before tax of US$29.9bn for the year to 31 December 2025. Forbes ranked HSBC 13th in the 2026 Global 2000.

Total assets (31 Dec 2025)
US$3,212.35bn
Country
United Kingdom
Headquarters
London
Forbes Global 2000 rank (2026)
13
Revenue (Forbes 2026)
US$133.6bn
Employees (Forbes 2026)
209,000
9

Crédit Agricole Group

Best for: French cooperative banking group

The Crédit Agricole Group, a French mutual and cooperative banking group, held US$3.15tn of assets at the end of 2025, ninth in the world. The S&P figure covers the whole group; the listed subsidiary Crédit Agricole S.A., which Forbes includes in its Global 2000 with headquarters in Montrouge, is a smaller part of it.

Total assets (31 Dec 2025)
US$3,148.91bn
Country
France
10

Postal Savings Bank of China

Best for: Deposit-rich bank built on China's postal network

Postal Savings Bank of China completed the top ten with US$2.67tn of assets at end-2025. Forbes lists the Beijing-based bank with revenue of US$79.6bn and 196,779 employees, placing it 60th in the 2026 Global 2000.

Total assets (31 Dec 2025)
US$2,671.00bn
Country
China
Headquarters
Beijing
Forbes Global 2000 rank (2026)
60
Revenue (Forbes 2026)
US$79.6bn
Employees (Forbes 2026)
196,779
11

Mitsubishi UFJ Financial Group

Best for: Japan's largest banking group

MUFG is the largest Japanese bank in the ranking, with US$2.67tn of assets at the end of 2025, just US$4.3bn behind Postal Savings Bank of China. The Tokyo-based holding company was formed on 2 April 2001 according to Forbes and ranked 30th in the 2026 Global 2000.

Total assets (31 Dec 2025)
US$2,666.71bn
Country
Japan
Headquarters
Tokyo
Forbes Global 2000 rank (2026)
30
Revenue (Forbes 2026)
US$84.3bn
12

Citigroup

Best for: US bank with the widest international footprint

Citigroup reported US$2.62tn of total assets at the end of 2025, ranking 12th worldwide. The New York group recorded revenue of US$173.9bn and 226,000 employees in the Forbes 2026 data, which dates the business to 1812.

Total assets (31 Dec 2025)
US$2,622.20bn
Country
United States
Headquarters
New York
Forbes Global 2000 rank (2026)
18
Revenue (Forbes 2026)
US$173.9bn
Employees (Forbes 2026)
226,000
13

Banco Santander

Best for: Largest bank in Spain by assets

Banco Santander held US$2.25tn of assets at end-2025, the largest of the Spanish banks. Forbes records its founding on 21 March 1857 and lists 2026 revenue of US$122.0bn and 198,403 employees. Its UK subsidiary Santander UK completed the acquisition of TSB on 30 April 2026.

Total assets (31 Dec 2025)
US$2,251.97bn
Country
Spain
Headquarters
Madrid
Forbes Global 2000 rank (2026)
25
Revenue (Forbes 2026)
US$122.0bn
Employees (Forbes 2026)
198,403
14

Bank of Communications

Best for: Shanghai-based state-controlled bank

Bank of Communications, headquartered in Shanghai, held US$2.22tn of assets at the end of 2025. Forbes dates it to 1908 and lists 97,932 employees and revenue of US$72.0bn.

Total assets (31 Dec 2025)
US$2,222.98bn
Country
China
Headquarters
Shanghai
Forbes Global 2000 rank (2026)
58
Revenue (Forbes 2026)
US$72.0bn
Employees (Forbes 2026)
97,932
15

Wells Fargo

Best for: Large US retail and commercial bank

Wells Fargo reported US$2.15tn of assets at end-2025, 15th in the world. Forbes lists the San Francisco-headquartered group 20th in the 2026 Global 2000 with revenue of US$125.9bn and 205,000 employees.

Total assets (31 Dec 2025)
US$2,148.63bn
Country
United States
Headquarters
San Francisco
Forbes Global 2000 rank (2026)
20
Revenue (Forbes 2026)
US$125.9bn
Employees (Forbes 2026)
205,000
16

Barclays

Best for: UK universal and investment bank

Barclays held US$2.08tn of assets in the S&P ranking, the second-largest UK bank after HSBC. In sterling, its 2025 full-year results report total assets of £1,544.2bn at 31 December 2025. Forbes classifies Barclays as a diversified financial company and ranks it 108th in the 2026 Global 2000.

Total assets (31 Dec 2025)
US$2,078.28bn
Country
United Kingdom
Headquarters
London
Forbes Global 2000 rank (2026)
108
Revenue (Forbes 2026)
US$39.7bn
Employees (Forbes 2026)
93,000
17

Sumitomo Mitsui Financial Group

Best for: Japanese megabank group

Sumitomo Mitsui Financial Group reported US$2.02tn of assets at the end of 2025. The Tokyo-based group, formed on 2 December 2002 according to Forbes, ranked 49th in the 2026 Global 2000 with revenue of US$65.6bn.

Total assets (31 Dec 2025)
US$2,020.13bn
Country
Japan
Headquarters
Tokyo
Forbes Global 2000 rank (2026)
49
Revenue (Forbes 2026)
US$65.6bn
18

Groupe BPCE

Best for: French cooperative group behind Banque Populaire and Caisse

Groupe BPCE, a French cooperative banking group, held US$1.99tn of assets at the end of 2025, ranking 18th. As a cooperative group without a listed parent, it does not appear in the Forbes Global 2000, which covers publicly traded companies.

Total assets (31 Dec 2025)
US$1,986.83bn
Country
France
20

China Merchants Bank

Best for: Shenzhen-based joint-stock commercial bank

China Merchants Bank reported US$1.87tn of total assets at the end of 2025. The Shenzhen-based lender, founded on 31 March 1987 according to Forbes, recorded profit of US$20.0bn and 117,201 employees in the Forbes 2026 data.

Total assets (31 Dec 2025)
US$1,868.71bn
Country
China
Headquarters
Shenzhen
Forbes Global 2000 rank (2026)
42
Revenue (Forbes 2026)
US$69.5bn
Employees (Forbes 2026)
117,201
21

Société Générale

Best for: Paris-based universal bank

Société Générale held US$1.81tn of assets at end-2025, the fourth French group in the top 25. Forbes records its founding on 4 May 1864 and lists 110,000 employees and revenue of US$85.1bn.

Total assets (31 Dec 2025)
US$1,813.02bn
Country
France
Headquarters
Paris
Forbes Global 2000 rank (2026)
109
Revenue (Forbes 2026)
US$85.1bn
Employees (Forbes 2026)
110,000
22

Goldman Sachs

Best for: Investment bank with a large balance sheet

Goldman Sachs reported US$1.81tn of total assets at the end of 2025. The New York group, founded by Marcus Goldman in 1869 according to Forbes, had 47,400 employees, far fewer than other banks of similar balance-sheet size, reflecting its focus on investment banking and trading.

Total assets (31 Dec 2025)
US$1,809.32bn
Country
United States
Headquarters
New York
Forbes Global 2000 rank (2026)
19
Revenue (Forbes 2026)
US$129.0bn
Employees (Forbes 2026)
47,400
23

Royal Bank of Canada

Best for: Canada's largest bank

Royal Bank of Canada is the largest Canadian bank in the ranking, with US$1.73tn of assets. Forbes lists the Toronto-based bank 24th in the 2026 Global 2000 with revenue of US$97.8bn and 96,628 employees.

Total assets (31 Dec 2025)
US$1,726.91bn
Country
Canada
Headquarters
Toronto
Forbes Global 2000 rank (2026)
24
Revenue (Forbes 2026)
US$97.8bn
Employees (Forbes 2026)
96,628
24

Deutsche Bank

Best for: Germany's largest bank

Deutsche Bank held US$1.68tn of assets at the end of 2025, the only German bank in the top 25. Forbes records its founding on 10 March 1870 and lists the Frankfurt-based group with 89,879 employees and revenue of US$68.6bn.

Total assets (31 Dec 2025)
US$1,684.94bn
Country
Germany
Headquarters
Frankfurt
Forbes Global 2000 rank (2026)
109
Revenue (Forbes 2026)
US$68.6bn
Employees (Forbes 2026)
89,879
25

UBS

Best for: Swiss wealth-management and investment bank

UBS completes the top 25 with US$1.62tn of assets at the end of 2025. The Zurich-based group recorded 103,177 employees and revenue of US$79.6bn in the Forbes 2026 data.

Total assets (31 Dec 2025)
US$1,617.43bn
Country
Switzerland
Headquarters
Zurich
Forbes Global 2000 rank (2026)
46
Revenue (Forbes 2026)
US$79.6bn
Employees (Forbes 2026)
103,177

Comparison table

RankBankCountryTotal assets, 31 Dec 2025 (US$bn)Forbes Global 2000 rank (2026)
1Industrial and Commercial Bank of China (ICBC)China7,645.806
2Agricultural Bank of ChinaChina6,974.8210
3China Construction BankChina6,524.059
4Bank of ChinaChina5,484.1112
5JPMorganChaseUnited States4,424.901
6Bank of AmericaUnited States3,411.747
7BNP ParibasFrance3,279.3037
8HSBC HoldingsUnited Kingdom3,212.3513
9Crédit Agricole GroupFrance3,148.91Not listed
10Postal Savings Bank of ChinaChina2,671.0060
11Mitsubishi UFJ Financial GroupJapan2,666.7130
12CitigroupUnited States2,622.2018
13Banco SantanderSpain2,251.9725
14Bank of CommunicationsChina2,222.9858
15Wells FargoUnited States2,148.6320
16BarclaysUnited Kingdom2,078.28108
17Sumitomo Mitsui Financial GroupJapan2,020.1349
18Groupe BPCEFrance1,986.83Not listed
19Mizuho Financial GroupJapan1,897.9167
20China Merchants BankChina1,868.7142
21Société GénéraleFrance1,813.02109
22Goldman SachsUnited States1,809.3219
23Royal Bank of CanadaCanada1,726.9124
24Deutsche BankGermany1,684.94109
25UBSSwitzerland1,617.4346

Banks just outside the top 25

The banks ranked 26th to 35th in the 2026 S&P table were Industrial Bank (China, US$1.59tn), Toronto-Dominion Bank (Canada), Japan Post Bank, China CITIC Bank, Crédit Mutuel Group, Shanghai Pudong Development Bank, Morgan Stanley, Lloyds Banking Group, ING and Intesa Sanpaolo. The highest-ranked Australian bank, Commonwealth Bank of Australia, was 43rd, and the highest-ranked Indian bank, State Bank of India, was 45th.

Frequently asked questions

What is the largest bank in the world?

Industrial and Commercial Bank of China (ICBC) is the largest bank in the world by total assets, with US$7.65tn at the end of 2025 according to S&P Global Market Intelligence's 2026 ranking. It is a state-controlled bank headquartered in Beijing.

Why are Chinese banks the largest in the world?

China's four largest state-owned banks, ICBC, Agricultural Bank of China, China Construction Bank and Bank of China, held a combined US$26.6tn at the end of 2025, about a fifth of the total assets of the 100 largest banks. All four are state-controlled and headquartered in Beijing, and each employs more than 300,000 people where Forbes reports a figure.

What is the largest bank in the United States?

JPMorganChase is the largest US bank and the fifth-largest in the world, with US$4.42tn of assets at the end of 2025. Its subsidiary JPMorgan Chase Bank, N.A. is also the largest US commercial bank in the Federal Reserve's quarterly table.

What is the largest bank in Europe?

In the 2026 S&P Global ranking, BNP Paribas was the largest European bank with US$3.28tn of assets, slightly ahead of HSBC at US$3.21tn and Crédit Agricole Group at US$3.15tn. The three are the only European banks in the global top ten.

How many banks have more than US$2 trillion in assets?

Seventeen banks reported more than US$2tn of total assets at the end of 2025 in the S&P Global ranking, from ICBC down to Sumitomo Mitsui Financial Group at US$2.02tn. Six of them are Chinese, four American, two French, two British, two Japanese and one Spanish.

See also

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