Banks around the World

World's Largest Banks by market cap 2013

The following list shows the largest banks in the world by market value. Industrial and Commercial bank of China (ICBC) is the world’s largest bank in terms of market capitalization, profitability and customer deposits. ICBC is a state-owned commercial bank with over 286 million individual and corporate customers, about 409,000 employees and 18,000 outlets including 239 overseas branches. China Construction Bank (CCB) is the second largest bank in the world with market cap of CNY1.28 trillion ($208 billion). Four of the top 10 largest banks are Chinese financial institutions.

Rank Bank Country M cap, US$b, 30/04/2013 M cap, US$b, 25/01/2013
1 Industrial & Commercial bank of China (ICBC) China 233.6 237.97
2 China Construction Bank China 207.6 188.12
3 HSBC Holdings UK 202.4 207.34
4 Wells Fargo & Co US 200.2 185.06
5 JP Morgan Chase & Co US 187.6 179.40
6 Agricultural Bank of China China 142.9 147.27
7 Citigroup US 141.8 129.97
8 Bank of America US 133.2 125.24
9 Bank of China China 130.0 132.85
10 Commonwealth Bank of Australia Australia 122.3 105.77
11 Westpac Banking Corporation Australia 108.5 88.84
12 Mitsubishi UFJ Financial Group (MUFG) Japan 96.37 75.10
13 Australia and New Zealand Banking (ANZ) Australia 90.37 74.03
14 Royal Bank of Canada Canada 87.17 89.18
15 National Australia Bank Australia 82.38 65.37
16 Itau Unibanco Brazil 77.37 79.62
17 Banco Santander Spain 75.79 91.83
18 Toronto-Dominion Bank Canada 75.67 76.08
19 American Express US 75.57 65.75
20 Sberbank of Russia Russia 71.45 73.40
21 Banco Bradesco Brazil 71.00 71.85
22 BNP Paribas France 68.83 77.15
23 Bank of Nova Scotia (Scotiabank) Canada 68.83 68.85
24 Goldman Sachs Group US 68.00 67.89
25 UBS AG Switzerland 67.88 65.48
26 Sumitomo Mitsui Financial Japan 66.85 49.83
27 US Bancorp US 62.03 61.99
28 Standard Chartered UK 60.46 63.11
29 Lloyds Banking Group UK 59.89 59.86
30 Bank of Communications China 57.28 60.90
31 Barclays Plc UK 57.03 58.45
32 BBVA Spain 53.40 56.73
33 Mizuho Financial Group Japan 53.15 45.62
34 Royal Bank of Scotland Group * UK 53.11 65.23
35 Nordea Bank Sweden 47.94 41.19
36 Deutsche Bank AG Germany 46.61 45.83
37 China Minsheng Banking Corp (CMBC) China 44.02 na
38 Credit Suisse Group Switzerland 43.44 38.31
39 Morgan Stanley US 43.44 44.81
40 China Merchants Bank China 43.11 46.77
41 Bank of Montreal (BMO) Canada 40.86 41.49
42 Industrial Bank Co China 37.52 na
43 BOC Hong Kong Hong Kong 36.37 36.24
44 Banco do Brasil Brazil 35.90 35.89
45 PNC Financial Services US 35.87 32.72
46 Capital One Financial Corp US 33.64 32.79
47 Bank of New York Mellon US 32.79 31.51
48 Canadian Imperial Bank of Commerce Canada 31.98 33.58
49 Hang Seng Bank Hong Kong 31.98 30.67
50 China Citic Bank China 30.45 36.41
51 UniCredit SpA Italy 30.04 36.18
52 HDFC Bank Limited India 29.95 32.21
53 Shanghai Pudong Development Bank China 29.89 31.94
54 Intesa Sanpaolo Italy 29.41 32.65
55 State Bank of India India 28.58 31.48
56 Societe Generale France 28.21 35.17
57 Banco Santander (Brasil) Brazil 27.92 27.86
58 Manulife Financial Corp Canada 27.01 26.89
59 State Street Corp US 26.71 25.89
60 ICICI Bank Limited India 24.78 26.74

* Market capitalization and Sharecount include consideration of 51 billion B shares issued to the UK Government.