Following are the largest banks in the world ranked by market capitalization. JPMorgan Chase (NYSE: JPM), a U.S. based financial institution, is the world’s largest bank with a market value of approximately $390 billion.
Rank 01/2017 |
Rank 2018 | Bank | Country | Market cap, US$b (January 12, 2018) |
1 | 1 | JP Morgan Chase & Co | US | 390.934 |
3 | 2 | Industrial & Commercial Bank of China (ICBC) | China | 345.214 |
4 | 3 | Bank of America | US | 325.331 |
2 | 4 | Wells Fargo & Co | US | 308.013 |
5 | 5 | China Construction Bank | China | 257.399 |
6 | 6 | HSBC Holdings | UK | 219.270 |
8 | 7 | Agricultural Bank of China | China | 203.244 |
7 | 8 | Citigroup Inc | US | 203.165 |
9 | 9 | Bank of China | China | 181.469 |
22 | 10 | China Merchants Bank | China | 122.616 |
11 | 11 | Royal Bank of Canada | Canada | 122.564 |
19 | 12 | Banco Santander | Spain | 115.696 |
10 | 13 | Commonwealth Bank of Australia | Australia | 112.227 |
14 | 14 | Mitsubishi UFJ Financial Group (MUFG) | Japan | 111.660 |
13 | 15 | Toronto-Dominion Bank | Canada | 108.449 |
17 | 16 | BNP Paribas | France | 103.258 |
12 | 17 | Goldman Sachs Group | US | 100.705 |
25 | 18 | Sberbank of Russia | Russia | 99.840 |
18 | 19 | Morgan Stanley | US | 99.651 |
15 | 20 | US Bancorp | US | 94.558 |
33 | 21 | HDFC Bank Limited | India | 88.435 |
20 | 22 | Itau Unibanco Holding | Brazil | 86.203 |
16 | 23 | Westpac Banking Corporation | Australia | 84.560 |
21 | 24 | Bank of Nova Scotia (Scotiabank) | Canada | 78.947 |
31 | 25 | ING Group | Netherlands | 78.920 |
24 | 26 | UBS Group AG | Switzerland | 75.482 |
32 | 27 | Charles Schwab | US | 74.255 |
29 | 28 | PNC Financial Services | US | 72.246 |
28 | 29 | Lloyds Banking Group | UK | 71.253 |
30 | 30 | Sumitomo Mitsui Financial | Japan | 67.328 |
27 | 31 | Bank of Communications | China | 67.078 |
23 | 32 | Australia & New Zealand Banking (ANZ) | Australia | 66.448 |
34 | 33 | Banco Bradesco | Brazil | 64.816 |
26 | 34 | National Australia Bank | Australia | 63.794 |
45 | 35 | Intesa Sanpaolo | Italy | 62.032 |
46 | 36 | BBVA | Spain | 60.678 |
35 | 37 | Japan Post Bank | Japan | 60.525 |
40 | 38 | Bank of New York Mellon | US | 59.823 |
36 | 39 | Shanghai Pudong Development Bank | China | 58.796 |
43 | 40 | Industrial Bank Co | China | 57.388 |
48 | 41 | BOC Hong Kong | Hong Kong | 55.449 |
37 | 42 | Bank of Montreal (BMO) | Canada | 53.181 |
51 | 43 | Credit Agricole SA | France | 52.141 |
55 | 44 | DBS Group Holdings | Singapore | 51.185 |
38 | 45 | Nordea Bank | Sweden | 51.475 |
47 | 46 | Capital One Financial | US | 51.107 |
56 | 47 | Royal Bank of Scotland Group | UK | 50.490 |
42 | 48 | Mizuho Financial Group | Japan | 50.018 |
57 | 49 | Credit Suisse Group | Switzerland | 48.462 |
n/a | 50 | Postal Savings Bank Of China | China | 47.948 |
39 | 51 | China Minsheng Banking Corp (CMBC) | China | 47.921 |
n/a | 52 | UniCredit SpA | Italy | 47.777 |
44 | 53 | China Citic Bank | China | 47.451 |
50 | 54 | Hang Seng Bank | Hong Kong | 46.171 |
49 | 55 | Societe Generale | France | 46.051 |
41 | 56 | Barclays Plc | UK | 45.850 |
54 | 57 | Canadian Imperial Bank of Commerce | Canada | 43.544 |
n/a | 58 | Bank Central Asia Tbk | Indonesia | 43.344 |
53 | 59 | BB&T Corp | US | 41.923 |
n/a | 60 | Oversea-Chinese Banking Corp | Singapore | 41.362 |
n/a | 61 | State Bank of India | India | 40.562 |
- | 62 | State Street Corp | US | 39.769 |
- | 63 | Deutsche Bank AG | Germany | 38.649 |
- | 64 | KBC Group NV | Belgium | 38.394 |
- | 65 | Danske Bank A/S | Denmark | 38.223 |
- | 66 | Ping An Bank Co Ltd | China | 37.993 |
- | 67 | Standard Chartered | UK | 37.319 |
- | 68 | United Overseas Bank | Singapore | 35.128 |
- | 69 | Qatar National Bank | Qatar | 33.560 |
- | 70 | Bank Rakyat | Indonesia | 33.081 |