Following are the biggest banks in the world ranked by market capitalization. Wells Fargo is the largest bank in the world with market capitalization of over $260 billion. ICBC is the second largest bank in the world by market capitalization and the world’s largest bank by total assets and deposits. The top 10 banks include 4 US banks, 4 Chinese banks, 1 UK bank and 1 Japanese bank.
Rank | Bank | Country | Market cap, US$b (September 30, 2015) |
1 | Wells Fargo & Co | US | 263.60B |
2 | Industrial & Commercial Bank of China (ICBC) | China | 233.25B |
3 | JP Morgan Chase & Co | US | 225.47B |
4 | China Construction Bank | China | 171.56B |
5 | Bank of America | US | 163.10B |
6 | Bank of China | China | 162.11B |
7 | Agricultural Bank of China | China | 154.95B |
8 | Citigroup Inc | US | 149.32B |
9 | HSBC Holdings | UK | 147.85B |
10 | Mitsubishi UFJ Financial Group (MUFG) | Japan | 86.29B |
11 | Commonwealth Bank of Australia | Australia | 85.24B |
12 | Lloyds Banking Group | UK | 82.20B |
13 | Royal Bank of Canada | Canada | 79.74B |
14 | Goldman Sachs Group | US | 78.50B |
15 | Banco Santander | Spain | 75.61B |
16 | BNP Paribas | France | 73.70B |
17 | US Bancorp | US | 72.22B |
18 | Toronto-Dominion Bank | Canada | 71.71B |
19 | UBS Group AG | Switzerland | 71.29B |
20 | China Merchants Bank | China | 68.71B |
21 | Westpac Banking Corporation | Australia | 67.05B |
22 | Bank of Communications | China | 62.75B |
23 | Barclays Plc | UK | 62.01B |
24 | Morgan Stanley | US | 61.53B |
25 | Australia and New Zealand Banking (ANZ) | Australia | 55.30B |
26 | National Australia Bank | Australia | 55.25B |
27 | Intesa Sanpaolo | Italy | 54.83B |
28 | Royal Bank of Scotland Group | UK | 54.19B |
29 | Sumitomo Mitsui Financial | Japan | 53.90B |
30 | Bank of Nova Scotia (Scotiabank) | Canada | 53.23B |
31 | BBVA | Spain | 52.78B |
32 | HDFC Bank Limited | India | 51.28B |
33 | Shanghai Pudong Development Bank | China | 48.82B |
34 | China Minsheng Banking Corp (CMBC) | China | 46.72B |
35 | Mizuho Financial Group | Japan | 46.04B |
36 | PNC Financial Services | US | 45.81B |
37 | Nordea Bank | Sweden | 44.83B |
38 | Industrial Bank Co | China | 44.15B |
39 | Bank of New York Mellon | US | 42.91B |
40 | Credit Suisse Group | Switzerland | 39.37B |
41 | Capital One Financial | US | 39.34B |
42 | Itau Unibanco | Brazil | 39.04B |
43 | China Citic Bank | China | 38.89B |
44 | Charles Schwab | US | 37.57B |
45 | UniCredit SpA | Italy | 37.35B |
46 | Deutsche Bank AG | Germany | 37.20B |
47 | Societe Generale | France | 36.04B |
48 | Bank of Montreal (BMO) | Canada | 35.04B |
49 | Hang Seng Bank | Hong Kong | 34.60B |
50 | BOC Hong Kong | Hong Kong | 30.77B |
51 | Danske Bank A/S | Denmark | 30.26B |
52 | Credit Agricole SA | France | 29.77B |
53 | Banco Bradesco | Brazil | 29.13B |
54 | Canadian Imperial Bank of Commerce | Canada | 28.59B |
55 | DBS Group Holdings | Singapore | 28.50B |
56 | State Bank of India | India | 27.60B |
57 | State Street Corp | US | 27.43B |
58 | Svenska Handelsbanken | Sweden | 27.31B |
59 | China Everbright Bank | China | 27.30B |
60 | Sberbank of Russia | Russia | 26.55B |
61 | BB&T Corp | US | 25.80B |
62 | Swedbank | Sweden | 25.12B |
63 | Oversea-Chinese Banking Corp | Singapore | 24.66B |