Top 50 Banks in the World 2024

The World's largest banks and banking groups by market value

The U.S. banking giant JPMorgan Chase & Co. is currently the largest bank in the World in terms of market capitalization. The world's 50 biggest banks have a combined market cap of more than US$ 5.02 trillion (January 8, 2024).

# Bank Country Market cap,
US$ billion
1 JP Morgan Chase 🇺🇸 USA 498.0
2 Bank of America 🇺🇸 USA 272.5
3 ICBC 🇨🇳 China 221.6
4 Wells Fargo 🇺🇸 USA 181.3
5 Agricultural Bank of China 🇨🇳 China 177.7
6 HDFC Bank 🇮🇳 India 165.9
7 HSBC Holdings 🇬🇧 UK 156.5
8 Morgan Stanley 🇺🇸 USA 153.0
9 Bank of China 🇨🇳 China 152.2
10 China Construction Bank 🇨🇳 China 149.3
11 Royal Bank of Canada 🇨🇦 Canada 141.8
12 Goldman Sachs 🇺🇸 USA 126.0
13 Commonwealth Bank of Australia 🇦🇺 Australia 125.7
14 Charles Schwab 🇺🇸 USA 122.5
15 Toronto-Dominion Bank 🇨🇦 Canada 115.4
16 Mitsubishi UFJ Financial Group 🇯🇵 Japan 106.3
17 Citigroup 🇺🇸 USA 104.0
18 UBS 🇨🇭 Switzerland 97.0
19 China Merchants Bank 🇨🇳 China 95.1
20 Al Rajhi Bank 🇸🇦 Saudi Arabia 94.8
21 ICICI Bank 🇮🇳 India 84.5
22 BNP Paribas 🇫🇷 France 79.3
23 Bank Central Asia 🇮🇩 Indonesia 76.0
24 Bank of Montreal 🇨🇦 Canada 70.4
25 U.S. Bancorp 🇺🇸 USA 68.2
26 Saudi National Bank 🇸🇦 Saudi Arabia 68.2
27 Banco Santander 🇪🇸 Spain 68.1
28 State Bank of India 🇮🇳 India 67.7
29 Itau Unibanco Holding 🇧🇷 Brazil 67.5
30 Sumitomo Mitsui Financial Group 🇯🇵 Japan 65.9
31 National Australia Bank 🇦🇺 Australia 63.8
32 DBS Group 🇸🇬 Singapore 63.7
33 PNC Financial Services Group 🇺🇸 USA 62.2
34 Postal Savings Bank of China 🇨🇳 China 58.4
35 Scotiabank 🇨🇦 Canada 57.6
36 Intesa Sanpaolo 🇮🇹 Italy 55.8
37 Bank Rakyat Indonesia 🇮🇩 Indonesia 54.7
38 BBVA 🇪🇸 Spain 54.6
39 Bank of Communications 🇨🇳 China 53.7
40 Westpac Banking 🇦🇺 Australia 53.7
41 ANZ Bank 🇦🇺 Australia 51.6
42 Capital One 🇺🇸 USA 50.4
43 Truist Financial 🇺🇸 USA 50.1
44 ING Group 🇳🇱 Netherlands 48.6
45 UniCredit 🇮🇹 Italy 48.0
46 Macquarie 🇦🇺 Australia 46.0
47 Mizuho Financial Group 🇯🇵 Japan 45.1
48 Nordea Bank 🇸🇪 Sweden 44.6
49 CIBC 🇨🇦 Canada 44.4
50 Credit Agricole 🇫🇷 France 44.0
 Total market capitalization 5,023

Source: Stock Market Data


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