Top Banking Companies in USA

In 1780, the banking system came to the United States. Bank of Pennsylvania Discovered for American Revolutionary War.

After The Bank of North America was opened for advanced financial transaction in the merchant of Thirteen Colonies.

According to 2018, many banks in the United States were ahead of other banks like JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs.

There are different characterizations and contracts that a bank can get in the US and contingent upon their grouping, they might be directed by the Central bank and regulated by either the FDIC or OCC.

Here is the list of bank classification in the USA.

National Bank
State Bank
State non-member bank
Federal Savings association
State Savings associations
FDIC charter class table

Here is the list of best top banking companies in USA.

Top Banking Companies in USA

1. JPMorgan Chase Bank

JPMorgan Chase Bank is an USA multinational investment bank and financial services holdings company. Headquarters of the company is the New York City and incorporated in Delaware.

In 2022, JPMorgan Chase Bank is the greatest bank in the United States. And also JPMorgan Chase is the greatest bank in the world by market capitalization.

As of 2022, the total assets in the bank is US$3.954 trillion. The Company was founded on December 1, 2002 by John Pierpont Morgan. In 2021, revenue of the company was US$121.65 billion. And net income of the company was US$48.33 billion.

Recently this bank was known as Chemical Bank. After that the company's name has changed to Chase Manhattan.

2. Bank of America

The Bank of America corporation is an USA multinational investment bank & financial services holding company. Headquarters of the Bank of America in Charlotte, North Carolina. The company was founded on 1998 by Amadeo Giannini.

According to webreport, the company has almost 4000 branches and 17,000 ATMs. Digital app of the bank users around 55 million.

Recently, Bank of America reported that it had settled a non-substantial asset expense -- which is a fee charged by a bank for repaying an installment because there is not enough cash on record.

According to 2021, the total revenue of the bank is $89.11 billion and the net income of the company was $30.56 billion.

3. Wells Fargo

Wells Fargo bank is an USA multinational financial services company. Headquarters of San Francisco, California. This bank is operating in 35 countries all over the world and there are about 70 million customers in the world. The company founded on 1929 by Henry Wells William Fargo.

As of 2021, the total number of branches of the company is 5,200 and the total number of ATMs is 13,000.

The Company services many types of products that is Asset management, Investment banking, banking, commodities, credit card, equities trading, global market, insurance, investment management, mortgage loans, mutual funds, private equity, risk management, wealth management.

According to 2021, the revenue of the company is $78.492 billion and the net income of the company is $21.548 billion.

4. Citibank

The Citibank is an USA multinational financial services bank. In 1831, the first time was stolen inside the Citibank by two thieves. A huge number of dollars of bank notes, and 398 gold doubloons. By the way, the Citibank was founded on June 16, 1812. Headquarters of the bank is New York.

Citibank is the retail banking arm of worldwide monetary administration goliath Citigroup. New York-based Citibank serves nearly 200 million client accounts in 160 nations.

There are total 723 branches in United States. The bank has a total of 2,649 branches in 19 countries. The Company has three product and services that is private wealth services, Digital Wallet Support, Multi-factor authentication.

5. U.S. Bancorp

The US Bankcorp is an USA bank holding company. In the United States, mainly U.S.bank is considered.The company founded on July 13, 1863 and headquarters of the company is U.S. Bancorp Center, Minneapolis, Minnesota, U.S.

The U.S. Bank name previously showed up as US Public Bank of Portland, laid out in Portland, Oregon, in 1891. In 1902, it converged with Ainsworth Public Bank of Portland, however kept the U.S. Public Bank name. It changed its name to the US Public Bank of Oregon in 1964.

The company has a total of 3,067 branches and 4,771 automated teller machines. As of 2021, the total revenue of the bank is $22.72 billion and the net income is US$7.96 billion.