List of largest banks in North America

JPMorgan Chase, the largest bank in North America

List of the largest banks in North America by total assets as of 2023.[1] Information from 2023 S&P Global Market Intelligence, and all of the largest banks on the continent are based in two countries - the United States and Canada.[2][3][4]

Rank Bank name Country Total assets
(2023)
(billions of US$)
Headquarter city
1 JPMorgan Chase  United States $3,898.33 New York City
2 Bank of America  United States $3,051.38 Charlotte
3 Citigroup  United States $2,416.68 New York City
4 Wells Fargo  United States $1,881.02 San Francisco
5 Royal Bank of Canada  Canada $1,544.17 Montreal
6 TD Bank  Canada $1,524.83 Toronto
7 Goldman Sachs  United States $1,441.80 New York City
8 Morgan Stanley  United States $1,180.23 New York City
9 Scotiabank  Canada $1,029.80 Toronto
10 Bank of Montreal  Canada $859.05 Montreal
11 CIBC  Canada $691.31 Toronto
12 U.S. Bancorp  United States $674.81 Minneapolis
13 PNC Financial  United States $557.26 Pittsburgh
14 Truist Financial  United States $555.26 Charlotte
15 Capital One  United States $455.25 McLean
16 BNY  United States $405.78 New York City
17 National Bank of Canada  Canada $312.67 Montreal
18 State Street  United States $290.81 Boston
19 Citizens Financial Group  United States $222.25 Providence
20 First Citizens BancShares  United States $214.65 Raleigh

Banks by country

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Number of banks in the top 20 by total assets [5]
Rank Country Number
1.  United States 14
2.  Canada 6

See also

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References

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  1. ^ "The world's 100 largest banks, 2023". www.spglobal.com. Retrieved 2023-08-17.
  2. ^ "Top 100 Banks in the World by Asset Size". www.advratings.com. Retrieved 2023-08-17.
  3. ^ Touryalai, Halah. "World's 100 Biggest Banks: China's ICBC #1, No U.S. Banks In Top 5". Forbes. Retrieved 2023-08-17.
  4. ^ "FRB: Large Commercial Banks-- March 31, 2023". www.federalreserve.gov. Retrieved 2023-08-17.
  5. ^ Khan, Zia; Terris, Harry; Meggeson, Ben (26 April 2023). "The world's 100 largest banks, 2023". spglobal.com. S&P Global Market Intelligence. Retrieved 16 June 2023.