#1
JPMorgan Chase — $4.43 trillion
JPMorgan Chase is the largest bank in the Western Hemisphere by a wide margin, with a footprint spanning consumer banking, investment banking, asset management, and commercial banking under one roof.[1]
Money & Business
The Largest Banks in North America by Assets
Ranked by total assets as of year-end 2025 — the four largest U.S. banks alone hold more than $12.6 trillion, over double the combined assets of Canada's "Big Five."
| Rank | Bank | Total assets | Country |
|---|---|---|---|
| 1 | JPMorgan Chase | $4.43T | United States |
| 2 | Bank of America | $3.41T | United States |
| 3 | Citigroup | $2.66T | United States |
| 4 | Wells Fargo | $2.15T | United States |
| 5 | Goldman Sachs | $1.80T | United States |
| 6 | Royal Bank of Canada | $1.70T | Canada |
| 7 | Morgan Stanley | $1.58T | United States |
| 8 | TD Bank Group | $1.53T | Canada |
| 9 | Bank of Montreal | $1.08T | Canada |
| 10 | Scotiabank | $1.07T | Canada |
| 11 | CIBC | $815B | Canada |
| 12 | U.S. Bancorp | $676B | United States |
| 13 | Capital One | $659B | United States |
| 14 | PNC Financial Services Group | $574B | United States |
| 15 | National Bank of Canada | $421B | Canada |
No matching rows.
The Top 5
#2
Bank of America — $3.41 trillion
Bank of America serves more than 69 million consumer and small-business clients through one of the largest retail branch and ATM networks in the United States.[1]
#3
Citigroup — $2.66 trillion
Citigroup's institutional business spans more countries than any other U.S. bank, a legacy of its long history as one of the first genuinely global banks.[1]
#4
Wells Fargo — $2.15 trillion
Wells Fargo traces its roots to the stagecoach express business of the California Gold Rush era, and remains one of the largest mortgage and small-business lenders in the country today.[1]
#5
Goldman Sachs — $1.80 trillion
Goldman Sachs is the only bank in North America's top five built primarily around investment banking and trading rather than traditional consumer deposits, a distinct business mix among its peers on this list.[1]
Sources
- S&P Global Market Intelligence, "50 largest US banks by total assets, Q4 2025," and company annual reports/SEC filings for U.S. banks, year-end 2025.
- Company-reported total assets from year-end/fiscal Q1 2025 shareholder reports (Royal Bank of Canada, TD Bank Group, Bank of Montreal, Scotiabank, CIBC, and National Bank of Canada), converted from CAD to USD at year-end 2025 exchange rates.