Here is a list of the largest banks in the United States by total assets as of 2024:
- JPMorgan Chase: $3.67 trillion in assets, headquartered in New York, NY. It is the largest bank in the U.S. and one of the largest globally, offering a wide range of financial services
- Bank of America: $2.55 trillion in assets, based in Charlotte, NC. Known for its extensive retail banking and wealth management services through Merrill
- Wells Fargo: $1.8 trillion in assets, headquartered in San Francisco, CA. It operates one of the largest branch and ATM networks in the U.S.
- Citibank (Citigroup): $1.7 trillion in assets, based in New York, NY. It has a strong presence in international markets
- U.S. Bank (U.S. Bancorp): $669 billion in assets, headquartered in Minneapolis, MN. It focuses on regional banking and has grown significantly through acquisitions
- PNC Bank: $562 billion in assets, based in Pittsburgh, PA. Offers a range of personal and business banking products.
- Goldman Sachs: $549 billion in assets, headquartered in New York, NY. Primarily known for investment banking and wealth management
- Truist Bank: $527 billion in assets, based in Charlotte, NC. Created through the merger of BB&T and SunTrust【7†source】【8†source】.
- Capital One: $479 billion in assets, headquartered in McLean, VA. Focuses heavily on credit cards and digital banking
- TD Bank: $370 billion in assets, headquartered in Wilmington, DE. It operates over 1,000 branches across the U.S.【7†source】【8†source】.
These rankings are based on total reported assets and reflect the dominance of diversified financial services and investment banking institutions in the U.S. market.