AMERICA”S 10 BIGGEST BANKS

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AMERICA”S 10 BIGGEST BANKS

by AMANDA DIXON for Bankrate

 

In the years since the financial crisis, the nation’s biggest banks have grown substantially bigger. Together, the top 10 largest banks now hold $11.8 trillion in assets.

For a sense of the vast scale of that wealth, $11.8 trillion is enough to buy every one of the 7.35 billion human beings on Earth a 13-inch MacBook Pro, with a little left over for accessories.

Of course, every year sees some shakeup in this exclusive club. Larger banks trade places with one another, and smaller banks drop out, replaced by faster-growing rivals.

This year, just to get in, you need at least $348.55 billion in assets, a sum so large that, if converted into $100 bills laid end to end, would reach the moon (with several thousand miles left over to check out the view).

Here are the 10 largest banks in the U.S. by assets, according to the latest numbers from S&P Global Market Intelligence, a financial industry research firm.

Rank Bank name Total assets
1 JPMorgan Chase & Co. $2.55 trillion
2 Bank of America Corp. $2.25 trillion
3 Wells Fargo & Co. $1.95 trillion
4 Citigroup Inc. $1.82 trillion
5 Goldman Sachs Group Inc. $894.09 billion
6 Morgan Stanley $832.39 billion
7 U.S. Bancorp $449.52 billion
8 PNC Financial Services Group Inc. $371.28 billion
9 TD Group US Holdings LLC $353.62 billion
10 Capital One Financial Corp. $348.55 billion

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