The financial industry in the United States is dominated by a handful of powerful institutions. These largest banks in the United States not only manage trillions of dollars in assets but also play a key role in the global economy. Whether you’re looking for personal banking services or exploring financial investment options, knowing the biggest banks in America gives you valuable insight into market stability and trends.
In this guide, we rank the largest banks in the US by total assets as of 2025. These banks lead in services such as retail banking, commercial lending, investment banking, and wealth management.
What Is the Largest Bank in the United States?
JPMorgan Chase holds the title of the biggest bank in the US, with assets surpassing $4 trillion. It serves millions of customers through thousands of branches across the country and has a significant international footprint.
10 Biggest Banks in America by Total Assets (2025)
1. JPMorgan Chase & Co.
Total Assets: $4.08 trillion
The biggest bank in America, JPMorgan Chase provides retail, corporate, and investment banking services. It operates in more than 100 global markets and is a key driver of the U.S. economy.
2. Bank of America
Total Assets: $3.17 trillion
Bank of America is one of the largest banks in the US, offering banking, investing, and lending services to more than 66 million consumers and small businesses.
3. Citigroup (Citi)
Total Assets: $2.38 trillion
Citi operates in over 160 countries and focuses on global financial services, investment banking, and credit cards, making it one of the biggest banks in the United States.
4. Wells Fargo
Total Assets: $1.89 trillion
Wells Fargo provides diversified financial services, including mortgage lending, personal banking, and commercial loans. It is one of the most recognized banks in the United States.
5. U.S. Bancorp (U.S. Bank)
Total Assets: $669 billion
U.S. Bank is a regional powerhouse that continues to expand its digital banking offerings and consumer services across the country.
6. PNC Financial Services
Total Assets: $556 billion
Based in Pittsburgh, PNC is one of the biggest banks in America with strong consumer and commercial banking divisions.
7. Financial
Total Assets: $546 billion
Formed from the merger of BB&T and SunTrust, Truist is a rising name among the largest banks in the United States, particularly in the Southeast.
8. Goldman Sachs
Total Assets: $501 billion
A leader in investment banking, wealth management, and trading, Goldman Sachs is a key financial institution for corporations and governments worldwide.
9. TD Bank, N.A.
Total Assets: $415 billion
The U.S. arm of Canada’s Toronto-Dominion Bank, TD Bank has earned a reputation for customer service and is expanding across the Eastern U.S.
10. Capital One
Total Assets: $410 billion
Known primarily for its credit card business, Capital One is also a full-service bank and one of the largest banks in the US by deposits and customer accounts.
Interesting Facts About the Largest U.S. Banks
- JPMorgan Chase manages more than $4 trillion in assets, making it the undisputed biggest bank in the US.
- Bank of America serves clients in all 50 states and more than 35 countries.
- Citigroup operates one of the largest global banking networks.
- Wells Fargo’s mortgage lending arm was once the largest in the country.
- Digital banking growth has reshaped the strategies of nearly all the largest banks in the US.
Why These Banks Matter
These institutions shape monetary policy, offer stability to the financial system, and provide employment to millions. Whether it’s offering loans to small businesses or helping large corporations raise capital, the largest banks in the United States are integral to the country’s economic infrastructure.
Final Thoughts: The banking landscape in America continues to evolve with the rise of digital platforms, mergers, and changing consumer demands. However, these 10 biggest banks in the US remain firmly at the top, offering robust services and massive financial resources. As the economy grows and new fintech players emerge, it will be interesting to see how this list changes in the future.
