Banking Industry Statistics

As of December 31, 2011, the Federal Deposit Insurance Corporation (FDIC) reported that 7,357 depositary institutions held $13.9 trillion in assets. (to access the latest data on depositary institutions use the following link: http://www.fdic.gov/bank/statistical/stats/index.html)

There were 6,290 commercial banks and 1,067 savings institutions.

Table 1. Top 25 Bank Holding Companies, December 2011

 

INSTITUTION NAME

HEADQUARTER LOCATION

ASSETS
($Billions)

1

JPMORGAN CHASE & CO.

NEW YORK, NY

2,266

2

BANK OF AMERICA CORPORATION

CHARLOTTE, NC

2,137

3

CITIGROUP INC.

NEW YORK, NY

1,874

4

WELLS FARGO & COMPANY

SAN FRANCISCO, CA

1,314

5

GOLDMAN SACHS GROUP

NEW YORK, NY

924

6

METLIFE, INC.

NEW YORK, NY

800

7

MORGAN STANLEY

NEW YORK, NY

750

8

TAUNUS CORPORATION

NEW YORK, NY

355

9

U.S. BANCORP

MINNEAPOLIS, MN

340

10

HSBC NORTH AMERICA HOLDINGS

NEW YORK, NY

331

11

BANK OF NEW YORK MELLON

NEW YORK, NY

326

12

PNC FINANCIAL SERVICES GROUP

PITTSBURGH, PA

271

13

STATE STREET

BOSTON, MA

216

14

CAPITAL ONE FINANCIAL

MCLEAN, VA

206

15

TD BANK US HOLDING

PORTLAND, ME

201

16

ALLY FINANCIAL INC.

DETROIT, MI

184

17

SUNTRUST BANKS, INC.

ATLANTA, GA

177

18

BB&T CORPORATION

WINSTON-SALEM, NC

175

19

AMERICAN EXPRESS COMPANY

NEW YORK, NY

152

20

CITIZENS FINANCIAL GROUP

PROVIDENCE, RI

130

21

REGIONS FINANCIAL

BIRMINGHAM, AL

127

22

BMO FINANCIAL CORP.

WILMINGTON, DE

117

23

FIFTH THIRD BANCORP

CINCINNATI, OH

117

24

NORTHERN TRUST

CHICAGO, IL

100

25

UNIONBANCAL CORPORATION

SAN FRANCISCO, CA

90

 

Source: Adapted from http://www.ffiec.gov/nicpubweb/nicweb/top50form.aspx accessed March 11, 2012

Note: the source at the website of the Federal Financial Institutions Examination Council (FFIEC) provides data on top 50 bank holding companies in the U.S. The data are updated quarterly check out the website for the most current information on the top 50 bank holding companies in the U.S. In the original table on the website, the number you see in parenthesis after the company name (RSSD ID) is a unique identifier assigned to every bank holding company in the U.S.

Table 2. Top 25 Banks in the World, by market capitalization

January 2012

Rank

Bank

Country

Market cap ($b, 20/1/2012)

1

Industrial & Commercial Bank of China

China

241.0

2

China Construction Bank

China

195.9

3

Wells Fargo & Co

US

160.7

4

HSBC Holdings

UK

150.9

5

Agricultural Bank of China

China

141.7

6

JP Morgan Chase

US

141.0

7

Bank of China

China

128.8

8

Itau Unibanco

Brazil

88.2

9

Citigroup

US

86.7

10

Commonwealth

Australia

82.6

11

Royal Bank Canada

Canada

76.6

12

Bank of America

US

71.8

13

Toronto-Dominion Bank

Canada

70.5

14

Banco Santander

Spain

67.3

15

Westpac

Australia

65.8

16

Mitsubishi UFJ Financial

Japan

64.3

17

Banco Bradesco

Brazil

63.9

18

Sberbank of Russia

Russia

59.4

19

ANZ Banking

Australia

58.5

20

Bank of Nova Scotia

Canada

58.2

21

Standard Chartered

UK

57.7

22

National Australia Bank

Australia

56.0

23

US Bancorp

US

54.9

24

BNP Paribas

France

54.2

25

Goldman Sachs Group

US

53.5

Source: Adapted from http://www.relbanks.com/worlds-top-banks/market-cap accessed March 11, 2012.

Table 3. FDIC Insurance Limit (per account per bank)

1934 (January)

$2500

1934 (July)

$5000

1950

$10,000

1966

$15,000

1969

$20,000

1974

$40,000

1980

$100,000

2008

$250,000*

*From December 31, 2010 through December 31, 2012, at all FDIC-insured institutions, deposits held in noninterest-bearing transaction accounts will be fully insured regardless of the amount in the account.

Source: www.fdic.gov

 

Table 3. Top 10 U.S. commercial banks: assets, loans and deposits ($billions), Q4 2006 and 2011

2011

 

Institution Name

Assets

Loans

Deposits

Loans/Assets

Deposits/Loans

1

JPMORGAN CHASE & CO.

1,951

693

1,240

36%

179%

2

BANK OF AMERICA

1,665

886

1,202

53%

136%

3

CITIGROUP INC.

1,302

579

884

44%

153%

4

WELLS FARGO & COMPANY

1,216

771

945

63%

122%

5

U.S. BANCORP

336

210

236

62%

113%

6

BANK OF NEW YORK MELLON

273

32

226

12%

699%

7

PNC FINANCIAL

263

158

197

60%

125%

8

STATE STREET

212

10

163

5%

1609%

9

HSBC HOLDINGS PLC

209

77

149

37%

194%

10

CAPITAL ONE FINANCIAL

205

132

138

64%

104%

 

 

 

 

 

 

 

 

Top 10

7,634

3,547

5,379

46%

152%

 

Top 10 share

55%

49%

53%

 

 

 

Total

13,931

7,298

10,217

52%

140%

2006

 

Institution Name

Assets

Loans

Deposits

Loans/Assets

Deposits/Loans

1

BANK OF AMERICA

1,376

745

771

54%

104%

2

JPMORGAN CHASE & CO.

1,264

472

683

37%

145%

3

CITIGROUP INC.

1,121

639

699

57%

109%

4

WACHOVIA CORPORATION

683

428

427

63%

100%

5

WELLS FARGO & COMPANY

429

310

327

72%

105%

6

Washington Mutual Bank

346

268

219

78%

82%

7

U.S. BANCORP

222

145

136

65%

94%

8

SUNTRUST BANKS, INC.

183

132

127

72%

96%

9

HSBC HOLDINGS PLC

168

89

107

53%

120%

10

ROYAL BANK OF SCOTLAND

164

105

102

64%

97%

 

Top 10

5,955

3,334

3,599

56%

108%

Top 10 share

50%

47%

46%

 

Total

11,878

7,162

7,832

60%

109%

Source: FDIC, Call Report

 

Figure 1. Assets of top 10 banks in 2011 vs. 2006

Note: Wachovia and Washington Mutual were acquired in 2008