Financial Services - Top 10 Banks in the World in 2021 by Revenue (2024)

FAQs

Which bank has the highest revenue in the world? ›

The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank.

US-based JPMorgan Chase & Co is the leading bank in the US by revenues in 2021.

In 2022, J.P. Morgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of 128.7 billion U.S. dollars. Bank of America and Wells Fargo followed, with 94.95 and 78.79 billion U.S. dollars, respectively.

The global financial services market is dominated by major companies including Visa Inc. (NYSE:V), JPMorgan Chase & Co. (NYSE:JPM), Mastercard Incorporated (NYSE:MA), and Bank Of America Corporation (NYSE:BAC).

BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM). The size of these firms allows them to offer a multitude of services to their clients.

1. JPMorgan Chase. JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.

What is the most profitable bank in the USA? ›

Bank of America Corporation (NYSE:BAC), The Goldman Sachs Group, Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Company (NYSE:WFC) are some of the most profitable banks in America.

JP Morgan Private Bank

“J.P. Morgan Private Bank is the more elite program serving ultra-high-net-worth individuals,” Naghibi said.

Industrial and Commercial Bank of China (ICBC)

The Industrial and Commercial Bank of China Limited is the largest bank in both the People's Republic of China and the world when considering total assets.

The United States was a leading force in the establishment of the International Bank for Reconstruction and Development (IBRD) in 1944 and remains the largest shareholder of the World Bank Group today.

Largest Banks in the World, List of Top-10. JPMorgan Chase Bank of New York, USA, with the market capitalization value of $459.95 billion, holds the title of largest bank in the world, followed by Bank of America, Industrial and Commercial Bank of China Limited and Agricultural Bank of China.