Largest Banks in Europe 2024

The top 20 largest banks and banking holdings in Europe by market value.

British multinational banking and financial services company HSBC Holdings plc is currently the biggest bank in Europe in terms of market capitalization. The top 20 European banks have a combined market capitalization of more than US$ 969 billion (January 8, 2024).

# Company Country Market cap,
US$ billion
1 HSBC Holdings UK 156.5
2 UBS Switzerland 97.0
3 BNP Paribas France 79.3
4 Santander Spain 68.1
5 Intesa Sanpaolo Italy 55.8
6 BBVA Spain 54.7
7 ING Group Netherlands 48.7
8 UniCredit Italy 48.0
9 Nordea Bank Sweden 44.6
10 Credit Agricole France 44.0
11 Lloyds Banking Group UK 38.3
12 CaixaBank Spain 32.5
13 Barclays UK 30.4
14 SEB Sweden 28.3
15 Deutsche Bank Germany 27.6
16 NatWest Group UK 25.2
17 Danske Bank Denmark 24.1
18 Swedbank Sweden 22.7
19 Standard Chartered UK 22.6
20 Societe Generale France 21.4
Total market capitalization 969.8

Source: Stock Market Data