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
- How bank size is measured
- Concentration of assets
- Methodology
- The list
- Comparison table
- Banks just outside the top 25
- Frequently asked questions
- See also
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
IA
World's largest bank by total assets
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
AB
Second-largest bank, with a large rural network
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
Third of China's 'big four' state banks
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
BO
Most international of the large Chinese banks
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
Largest bank outside China
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
Second-largest US banking group
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
Largest bank in Europe by assets in the 2026 ranking
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
Largest UK-headquartered bank
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
CA
French cooperative banking 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
PS
Deposit-rich bank built on China's postal network
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
Japan's largest banking 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
C
US bank with the widest international footprint
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
Largest bank in Spain by assets
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
BO
Shanghai-based state-controlled bank
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
Large US retail and commercial bank
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
UK universal and investment bank
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
SM
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
GB
French cooperative group behind Banque Populaire and Caisse d'Epargne
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
19
Third of Japan's megabank groups
Best for: Third of Japan's megabank groups
Mizuho Financial Group held US$1.90tn of assets at end-2025. Forbes ranks the Tokyo-based group 67th in the 2026 Global 2000, with revenue of US$56.8bn and profit of US$8.3bn.
- Total assets (31 Dec 2025)
- US$1,897.91bn
- Country
- Japan
- Headquarters
- Tokyo
- Forbes Global 2000 rank (2026)
- 67
- Revenue (Forbes 2026)
- US$56.8bn
20
Shenzhen-based joint-stock commercial 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
SG
Paris-based universal bank
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
Investment bank with a large balance sheet
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
RB
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
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
Swiss wealth-management and investment bank
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
Banks just outside the top 25
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.
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