Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Management Strategies

09:57 AM
Connect Directly

JPMorgan Chase Remains Largest U.S. Bank

Top 7 banks remain the same from last quarter, according to research from SNL Financial.

JPMorgan Chase remained the largest U.S. bank by asset size for the first quarter of 2013, according to financial research firm SNL Financial.

JPMorgan Chase retained the top spot from the 4th quarter of 2012, with $2.389 trillion in total assets, followed by Bank of America with $2.17 trillion in total assets, Citigroup with $1.88 trillion and Wells Fargo with $1.43. No other banks had more than $1 trillion in assets.

The "big four" banks were followed by BNY Mellon, U.S. Bank and HSBC North America, as the top 7 remained unchanged from the fourth quarter of 2012. PNC moved up one spot to eighth, switching places with Capital One. TD Bank rounded out the top ten, replacing State Street Corp., which fell to 11th.

The largest jumps in the top 50 included Chicago-based BMO Financial Corp., moving up to No. 19 from No. 21, and Pasadena, Calif.-based East West Bancorp Inc., jumping to No. 48 from No. 50, according to SNL.

[See Also: JPMorgan Chase is Now Largest Bank in the U.S]

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.