Top 10 Largest Banks in USA 2023
by J Nandhini
Updated Mar 14, 2023
Top 10 Largest Banks in USA 2023
Here is the list of top 10 banks in the USA in 2023.
Rank
Bank
Assets (in trillions)
Number of Branches
Number of ATMs
1
JPMorgan Chase & Co.
$3.7
4,700
16,000
2
Bank of America
$2.8
4,300
17,000
3
Wells Fargo
$1.9
5,400
13,000
4
Citigroup
$1.8
700
1,800
5
U.S. Bancorp
$553 billion
2,900
4,600
6
PNC Financial Services
$523 billion
2,400
18,000
7
Capital One
$425 billion
500
2,000
8
TD Bank
$384 billion
1,200
2,800
9
HSBC USA
$175 billion
200
330
10
Ally Bank
$180 billion
Online-only
Extensive ATM network
1. JPMorgan Chase & Co.
JPMorgan Chase & Co. is the largest bank in the United States, with assets totaling over $3.2 trillion. The bank offers a wide range of financial services, including personal banking, credit cards, investment banking, and wealth management. With over 5,000 branches and 16,000 ATMs nationwide, JPMorgan Chase & Co. is also one of the most accessible banks for customers. The bank has received high ratings for customer service and mobile banking capabilities.
2. Bank of America
Bank of America is another giant in the banking industry, with assets totaling over $2.8 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. Bank of America has an extensive network of branches and ATMs, making it easy for customers to access their accounts. The bank has also received high ratings for its mobile banking app and customer service.
3. Wells Fargo
Wells Fargo is the third-largest bank in the United States, with assets totaling over $1.8 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. Wells Fargo has over 7,200 branches and 13,000 ATMs nationwide, making it one of the most accessible banks for customers. The bank has also received high ratings for its mobile banking app and customer service.
4. Citigroup
Citigroup is another major player in the banking industry, with assets totaling over $1.7 trillion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. Citigroup has a global presence, with operations in over 160 countries. The bank has received high ratings for its mobile banking app and customer service.
5. U.S. Bancorp
U.S. Bancorp is the fifth-largest bank in the United States, with assets totaling over $553 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. U.S. Bancorp has over 3,000 branches and 4,000 ATMs nationwide, making it one of the most accessible banks for customers. The bank has received high ratings for its mobile banking app and customer service.
6. PNC Financial Services
PNC Financial Services is a regional bank with assets totaling over $470 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. PNC Financial Services has over 2,300 branches and 9,000 ATMs in 21 states, making it one of the largest regional banks in the country. The bank has received high ratings for its customer service and mobile banking capabilities.
7. Capital One
Capital One is a major player in the banking industry, with assets totaling over $425 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. Capital One has over 500 branches and 2,000 ATMs nationwide, and it's known for its innovative and user-friendly mobile banking app. The bank has received high ratings for its customer service and mobile banking capabilities.
8. TD Bank
TD Bank is a Canadian bank with a significant presence in the United States, with assets totaling over $384 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. TD Bank has over 1,200 branches and 2,800 ATMs in 15 states on the East Coast, making it a popular choice for customers in that region. The bank has received high ratings for its customer service and mobile banking app.
9. HSBC USA
HSBC USA is a subsidiary of HSBC Holdings, a global banking and financial services company. The bank has assets totaling over $175 billion and offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. HSBC USA has over 200 branches and 330 ATMs in the United States, and it's known for its global reach and expertise. The bank has received high ratings for its mobile banking app and customer service.
10. Ally Bank
Ally Bank is an online-only bank with assets totaling over $180 billion. The bank offers a range of financial services, including personal banking, credit cards, investment banking, and wealth management. Ally Bank has no physical branches, but it has an extensive network of ATMs and offers 24/7 customer support. The bank is known for its competitive interest rates, low fees, and user-friendly online and mobile banking capabilities.
Choosing the right bank is an important decision, and the top 10 banks in the USA in 2023 offer a range of financial services to meet the needs of different customers. JPMorgan Chase & Co., Bank of America, and Wells Fargo are the largest banks in the country, with extensive networks of branches and ATMs. Citigroup and U.S. Bancorp are also popular choices for customers, with strong mobile banking capabilities and customer service. PNC Financial Services, Capital One, TD Bank, HSBC USA, and Ally Bank are other reputable options, each with their own unique strengths and features. Ultimately, the right bank for you will depend on your individual needs, so be sure to consider factors like fees, interest rates, convenience, and customer service when making your decision.
