Leading Banks in the U.S.

JPMorgan Chase & Co (NYSE: JPM) is the largest financial institution in America in terms of assets, deposits and market capitalization. The company employs over 317,000 people and has about 4,970 branches across the nation. It operates through the following business segments: Corporate & Investment Bank, Consumer & Community Banking, Asset Management and Commercial Banking. As of December 31, 2024, JPMorgan Chase had $4.0 trillion in total assets and $2.4 trillion in deposits.

Bank of America Corp (NYSE: BAC) is the second largest financial institution in the US by total assets and market capitalization. The bank employs more than 210,000 people and serves over 65 million retail and small business customers through about 3,700 branches and 15,000 ATMs. The company’s market capitalization was $360 billion as of February 10, 2025.

Citigroup Inc (NYSE: C) is the third largest bank in the United States as well as one of the largest credit card issuers in the world with over $500 billion in annual purchase sales. The company’s total deposits and loans amounted to $1.3 trillion and $671 billion, respectively, in 2024. Citi's Institutional Clients Group serves corporates, institutions, public sector and high-net-worth individuals in more than 100 countries.

Wells Fargo & Co (NYSE: WFC), established in 1852, is one of the Big Four banks in the United States. With over 265,000 employees, the company maintains over 5,000 branches and 13,000 ATMs across the nation, and serves more than 70 million clients worldwide. It operates through three business lines: Community Banking, Wholesale Banking, and Wealth Management.

U.S. Bancorp (NYSE: USB) is one of the leading financial institutions in America with about 2,160 branches in 25 states and 4,500 ATMs mainly in the Midwestern United States. The company employs about 77,000 staff and is headquartered in Minneapolis, Minnesota. For the financial year ended December 31, 2024, it reported net income of $6.3 billion, total revenue of $27.5 billion, total assets of $678 billion, deposits of $518 billion, net loans of $372 billion and shareholders' equity of $59 billion. Diluted earnings per common share amounted to $3.79.

Capital One Financial, located in McLean, Virginia, is one of the leading consumer banks in the US. It maintains a network of over 300 offices including Capital One Cafés and around 1,300 ATMs. Capital One is one of the largest car finance companies and issuers of MasterCard and Visa credit cards in the nation.