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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 (January 8, 2024). The world's 50 biggest banks have a combined market capitalization of more than US$ 5.02 trillion. Archive since 2014



Rank 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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