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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

February 26, 2018, 2:58 p.m. EST 1 Min Read

Full-time equivalent, as of Sep. 30, 2017. Dollars in thousands.

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Bank Holding Companies with the Most Employees
Rank Company City State Sep. 30 Year earlier Change Assets
1 Wells Fargo & Company San Francisco Calif. 267,995 268,816 -0.31 $1,934,939,000
2 JPMorgan Chase & Co. New York N.Y. 243,659 234,661 3.83 2,563,074,000
3 Citigroup Inc. New York N.Y. 228,264 235,928 -3.25 1,889,133,000
4 Bank of America Corporation Charlotte N.C. 207,029 209,009 -0.95 2,285,062,000
5 Hy-Vee, Inc. West Des Moines Iowa 83,000 83,000 0.00 2,908,609
6 U.S. Bancorp Minneapolis Minn. 71,646 69,510 3.07 459,227,000
7 Morgan Stanley New York N.Y. 57,702 55,256 4.43 853,693,000
8 American Express Company New York N.Y. 55,127 56,475 -2.39 168,568,000
9 Capital One Financial Corporation McLean Va. 53,782 50,635 6.22 361,401,885
10 Bank of New York Mellon Corporation New York N.Y. 52,900 52,300 1.15 354,397,000
11 PNC Financial Services Group, Inc. Pittsburgh Pa. 51,893 51,412 0.94 375,255,765
12 United Services Automobile Association San Antonio Tex. 45,709 40,715 12.27 155,464,508
13 BB&T Corporation Winston-Salem N.C. 37,189 37,662 -1.26 220,340,000
14 State Street Corporation Boston Mass. 36,303 33,332 8.91 235,999,818
15 Goldman Sachs Group, Inc. New York N.Y. 35,800 34,900 2.58 930,161,000
16 Synchrony Financial Stamford Conn. 28,172 26,493 6.34 92,547,974
17 SunTrust Banks, Inc. Atlanta Ga. 24,215 23,854 1.51 208,366,352
18 Regions Financial Corporation Birmingham Ala. 22,101 22,214 -0.51 123,518,484
19 KeyCorp Cleveland Ohio 19,409 19,862 -2.28 137,129,912
20 First American Financial Corporation Santa Ana Calif. 18,280 18,403 -0.67 9,347,047
21 Northern Trust Corporation Chicago Ill. 18,030 16,911 6.62 131,400,245
22 Fifth Third Bancorp Cincinnati Ohio 17,797 18,072 -1.52 142,264,097
23 Citizens Financial Group, Inc. Providence R.I. 17,696 17,625 0.40 151,763,761
24 Charles Schwab Corporation San Francisco Calif. 17,257 16,069 7.39 230,714,000
25 M&T Bank Corporation Buffalo N.Y. 16,478 16,709 -1.38 120,401,804
26 Discover Financial Services Riverwoods Ill. 15,401 14,208 8.40 97,607,888
27 Huntington Bancshares Incorporated Columbus Ohio 15,353 15,976 -3.90 101,988,125
28 Raymond James Financial, Inc. Saint Petersburg Fla. 11,408 10,276 11.02 34,883,457
29 Zions Bancorporation Salt Lake City Utah 10,041 9,968 0.73 65,563,954
30 Ally Financial Inc. Detroit Mich. 8,038 7,545 6.53 164,013,000
31 Comerica Incorporated Dallas Tex. 7,974 8,476 -5.92 72,268,506
32 Popular, Inc. Hato Rey P.R. 7,787 7,866 -1.00 42,601,000
33 Stifel Financial Corp. Saint Louis Mo. 7,237 7,060 2.51 20,484,080
34 First Citizens BancShares, Inc. Raleigh N.C. 6,606 6,075 8.74 34,584,154
35 TCF Financial Corporation Wayzata Minn. 5,852 6,030 -2.95 23,019,204
36 Arvest Bank Group, Inc. Bentonville Ark. 5,754 6,074 -5.27 16,933,213
37 Hilltop Holdings Inc. Dallas Tex. 5,433 5,459 -0.48 13,532,800
38 People's United Financial, Inc. Bridgeport Conn. 5,175 4,984 3.83 43,975,251
39 BOK Financial Corporation Tulsa Okla. 4,873 4,900 -0.55 33,304,584
40 Commerce Bancshares, Inc. Kansas City Mo. 4,822 4,776 0.96 25,004,003
41 Woodforest Financial Group, Inc. The Woodlands Tex. 4,743 4,877 -2.75 5,310,562
42 First National of Nebraska, Inc. Omaha Neb. 4,741 4,839 -2.03 19,425,800
43 F.N.B. Corporation Pittsburgh Pa. 4,579 3,562 28.55 31,123,295
44 Umpqua Holdings Corporation Portland Ore. 4,375 4,308 1.56 25,695,663
45 Associated Banc-Corp Green Bay Wis. 4,361 4,458 -2.18 30,064,547
46 Synovus Financial Corp. Columbus Ga. 4,313 4,187 3.01 31,642,123
47 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,276 4,159 2.81 31,031,511
48 First Horizon National Corporation Memphis Tenn. 4,244 4,244 0.00 29,624,384
49 CIT Group Inc. New York N.Y. 4,242 4,629 -8.36 49,335,542
50 Wintrust Financial Corporation Rosemont Ill. 4,030 3,787 6.42 27,359,794
51 Hancock Holding Company Gulfport Miss. 3,979 3,747 6.19 26,824,851
52 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,874 3,819 1.44 12,742,850
53 IBERIABANK Corporation Lafayette La. 3,646 3,129 16.52 27,976,635
54 UMB Financial Corporation Kansas City Mo. 3,633 3,727 -2.52 20,279,503
55 E*TRADE Financial Corporation New York N.Y. 3,584 3,785 -5.31 60,375,233
56 Fulton Financial Corporation Lancaster Pa. 3,568 3,497 2.03 19,979,023
57 Flagstar Bancorp, Inc. Troy Mich. 3,495 2,881 21.31 16,880,117
58 MB Financial, Inc. Chicago Ill. 3,453 3,438 0.44 20,116,535
59 Webster Financial Corporation Waterbury Conn. 3,274 3,096 5.75 26,364,345
60 New York Community Bancorp, Inc. Westbury N.Y. 3,270 3,481 -6.06 48,457,891
61 International Bancshares Corporation Laredo Tex. 3,215 3,195 0.63 12,173,651
62 Chemical Financial Corporation Midland Mich. 3,113 3,282 -5.15 19,354,308
63 Prosperity Bancshares, Inc. Houston Tex. 2,993 3,071 -2.54 22,147,651
64 Trustmark Corporation Jackson Miss. 2,878 2,787 3.27 13,884,655
65 East West Bancorp, Inc. Pasadena Calif. 2,870 2,834 1.27 36,328,931
66 First Community Bancshares, Inc. Killeen Tex. 2,856 2,856 0.00 1,959,768
67 Valley National Bancorp Wayne N.J. 2,848 2,845 0.11 23,780,661
68 First BanCorp. San Juan P.R. 2,618 2,664 -1.73 12,173,648
69 Community Bank System, Inc. De Witt N.Y. 2,611 2,268 15.12 10,839,219
70 Central Bancompany, Inc. Jefferson City Mo. 2,610 2,615 -0.19 12,600,582
71 Cenlar Capital Corporation Ewing N.J. 2,609 2,149 21.41 1,068,345
72 Old National Bancorp Evansville Ind. 2,592 2,910 -10.93 15,065,845
73 FirstBank Holding Company Lakewood Colo. 2,575 2,462 4.59 17,392,225
74 Midland Financial Co. Oklahoma City Okla. 2,479 2,458 0.85 14,882,527
75 HomeStreet, Inc. Seattle Wash. 2,463 2,431 1.32 6,796,328
76 United Bankshares, Inc. Charleston W.Va. 2,451 1,728 41.84 19,129,978
77 SVB Financial Group Santa Clara Calif. 2,433 2,280 6.71 50,756,864
78 Glacier Bancorp, Inc. Kalispell Mont. 2,352 2,207 6.57 9,798,602
79 South State Corporation Columbia S.C. 2,255 2,039 10.59 11,169,110
80 First Interstate BancSystem, Inc. Billings Mont. 2,215 1,727 28.26 12,206,273
81 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,195 1,178 86.33 21,790,371
82 First Midwest Bancorp, Inc. Itasca Ill. 2,175 1,896 14.72 14,267,142
83 Northwest Bancshares, Inc. Warren Pa. 2,137 2,268 -5.78 9,545,410
84 Bank of Hawaii Corporation Honolulu Hawaii 2,120 2,125 -0.24 17,268,302
85 Banner Corporation Walla Walla Wash. 2,115 2,078 1.78 10,443,086
86 United National Corporation Sioux Falls S.D. 2,107 2,045 3.03 2,607,776
87 Renasant Corporation Tupelo Miss. 2,102 1,969 6.75 10,323,687
88 Heartland Financial USA, Inc. Dubuque Iowa 2,024 1,846 9.64 9,755,627
89 United Community Banks, Inc. Blairsville Ga. 2,020 1,939 4.18 11,130,747
90 Investors Bancorp, Inc. Short Hills N.J. 1,973 1,782 10.72 24,795,214
91 WesBanco, Inc. Wheeling W.Va. 1,944 1,936 0.41 9,922,646
92 Simmons First National Corporation Pine Bluff Ark. 1,921 1,985 -3.22 9,535,818
93 Pinnacle Bancorp, Inc. Omaha Neb. 1,893 1,778 6.47 10,126,300
94 Bremer Financial Corporation Saint Paul Minn. 1,841 1,858 -0.91 11,774,222
95 Washington Federal, Inc. Seattle Wash. 1,818 1,806 0.66 15,253,580
96 Columbia Banking System, Inc. Tacoma Wash. 1,810 1,797 0.72 9,814,578
97 BancFirst Corporation Oklahoma City Okla. 1,801 1,784 0.95 7,132,179
98 Berkshire Hills Bancorp, Inc. Pittsfield Mass. 1,789 1,208 48.10 9,768,284
99 Eastern Bank Corporation Boston Mass. 1,762 1,764 -0.11 10,732,783
100 Park National Corporation Newark Ohio 1,759 1,733 1.50 7,864,451
101 NBT Bancorp Inc. Norwich N.Y. 1,751 1,728 1.33 9,155,396
102 State Bankshares, Inc. Fargo N.D. 1,748 1,655 5.62 4,695,030
103 First Merchants Corporation Muncie Ind. 1,722 1,443 19.33 9,050,844
104 BankUnited, Inc. Miami Lakes Fla. 1,706 1,661 2.71 29,554,831
105 Western Alliance Bancorporation Phoenix Ariz. 1,682 1,563 7.61 19,922,221
106 PacWest Bancorp Beverly Hills Calif. 1,678 1,673 0.30 22,242,933
107 Home BancShares, Inc. Conway Ark. 1,627 1,466 10.98 14,255,967
108 Great Western Bancorp, Inc. Sioux Falls S.D. 1,626 1,594 2.01 11,690,011
109 John Deere Capital Corporation Reno Nev. 1,616 1,630 -0.86 34,975,668
110 Texas Capital Bancshares, Inc. Dallas Tex. 1,524 1,419 7.40 24,401,126
111 OFG Bancorp San Juan P.R. 1,463 1,420 3.03 6,288,217
112 Hope Bancorp, Inc. Los Angeles Calif. 1,447 1,400 3.36 14,150,134
113 Ameris Bancorp Moultrie Ga. 1,437 1,270 13.15 7,649,820
114 Durant Bancorp, Inc. Durant Okla. 1,431 918 55.88 6,176,820
115 Union Bankshares Corporation Richmond Va. 1,427 1,391 2.59 9,043,767
116 FB Financial Corporation Nashville Tenn. 1,414 1,071 32.03 4,581,943
117 First Busey Corporation Champaign Ill. 1,382 1,320 4.70 6,913,789
118 Fidelity Southern Corporation Atlanta Ga. 1,377 1,274 8.08 4,501,907
119 First Commonwealth Financial Corporation Indiana Pa. 1,366 1,179 15.86 7,384,339
120 First Financial Bancorp. Cincinnati Ohio 1,363 1,402 -2.78 8,761,689
121 First Financial Bankshares, Inc. Abilene Tex. 1,299 1,296 0.23 7,009,164
122 Cathay General Bancorp Los Angeles Calif. 1,227 1,095 12.05 15,728,417
123 CenterState Bank Corporation Winter Haven Fla. 1,192 929 28.31 6,822,861
124 Cadence Bancorp, LLC Houston Tex. 1,191 1,204 -1.08 10,503,109
125 Johnson Financial Group, Inc. Racine Wis. 1,187 1,188 -0.08 4,771,336
126 1st Source Corporation South Bend Ind. 1,131 1,149 -1.57 5,809,141
127 WSFS Financial Corporation Wilmington Del. 1,121 1,082 3.60 6,875,344
128 Independent Bank Corp. Rockland Mass. 1,117 1,088 2.67 8,054,205
129 Great Southern Bancorp, Inc. Springfield Mo. 1,103 1,143 -3.50 4,516,138
130 S&T Bancorp, Inc. Indiana Pa. 1,068 1,086 -1.66 7,170,179
131 First Banks, Inc. Hazelwood Mo. 1,033 1,040 -0.67 6,176,376
132 Tompkins Financial Corporation Ithaca N.Y. 1,032 1,017 1.47 6,524,060
133 Green Dot Corporation Pasadena Calif. 1,017 944 7.73 1,892,903
134 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,013 1,010 0.30 13,692,513
135 First Security Bancorp Searcy Ark. 1,010 1,001 0.90 5,515,603
136 First Bancorp Southern Pines N.C. 1,009 829 21.71 4,592,365
137 Provident Financial Services, Inc. Iselin N.J. 1,003 1,005 -0.20 9,495,146
138 Community Trust Bancorp, Inc. Pikeville Ky. 996 991 0.50 4,135,895
TriCo Bancshares Chico Calif. 996 1,023 -2.64 4,656,435
140 Sterling Bancorp Montebello N.Y. 992 995 -0.30 16,785,971
141 EB Acquisition Company, LLC Dallas Tex. 986 458 115.28 5,702,388
142 Republic Bancorp, Inc. Louisville Ky. 984 899 9.45 4,993,174
143 Dickinson Financial Corporation II Kansas City Mo. 983 1,182 -16.84 2,358,379
144 Independent Bank Group, Inc. McKinney Tex. 975 546 78.57 8,891,114
145 W.T.B. Financial Corporation Spokane Wash. 972 933 4.18 6,062,192
146 Cass Information Systems, Inc. Saint Louis Mo. 953 936 1.82 1,556,750
147 Waterstone Financial, Inc. Wauwatosa Wis. 949 858 10.61 1,851,585
148 MainSource Financial Group, Inc. Greensburg Ind. 930 870 6.90 4,601,500
149 Boston Private Financial Holdings, Inc. Boston Mass. 917 897 2.23 8,269,519
MidCountry Financial Corp. Macon Ga. 917 1,015 -9.66 1,271,425
151 Bessemer Group, Incorporated Woodbridge N.J. 910 896 1.56 3,106,230
152 Midland States Bancorp, Inc. Effingham Ill. 888 711 24.89 4,347,761
153 FirstSun Capital Bancorp Denver Colo. 886 508 74.41 3,710,543
154 National Bank Holdings Corporation Greenwood Village Colo. 873 1,053 -17.09 4,768,972
155 LegacyTexas Financial Group, Inc. Plano Tex. 864 873 -1.03 9,071,565
156 Independent Bank Corporation Grand Rapids Mich. 858 793 8.20 2,753,446
157 Apple Financial Holdings, Inc. New York N.Y. 856 832 2.88 12,808,976
158 Univest Corporation of Pennsylvania Souderton Pa. 841 905 -7.07 4,417,363
159 First Financial Corporation Terre Haute Ind. 838 841 -0.36 2,982,063
160 City Holding Company Cross Lanes W.Va. 835 834 0.12 4,098,418
161 Meta Financial Group, Inc. Sioux Falls S.D. 827 672 23.07 5,228,346
162 Byline Bancorp, Inc. Chicago Ill. 824 682 20.82 3,305,442
163 State Bank Financial Corporation Atlanta Ga. 821 673 21.99 5,148,483
164 TrustCo Bank Corp NY Glenville N.Y. 815 791 3.03 4,871,816
165 CVB Financial Corp. Ontario Calif. 809 771 4.93 8,304,012
166 Capital City Bank Group, Inc. Tallahassee Fla. 804 835 -3.71 2,777,087
Fremont Bancorporation Fremont Calif. 804 841 -4.40 3,870,011
INTRUST Financial Corporation Wichita Kan. 804 827 -2.78 4,987,383
169 Central Pacific Financial Corp. Honolulu Hawaii 796 788 1.02 5,569,230
170 Peoples Bancorp Inc. Marietta Ohio 778 799 -2.63 3,552,412
171 Alerus Financial Corporation Grand Forks N.D. 776 791 -1.90 2,065,210
172 First Bancshares, Inc. Merrillville Ind. 772 728 6.04 3,774,639
Westamerica Bancorporation San Rafael Calif. 772 800 -3.50 5,447,200
174 Customers Bancorp, Inc. Wyomissing Pa. 771 757 1.85 10,471,927
175 Farmers & Merchants Investment, Inc. Lincoln Neb. 770 723 6.50 3,764,640
176 Beneficial Bancorp, Inc. Philadelphia Pa. 769 763 0.79 5,821,303
177 Bangor Bancorp, MHC Bangor Maine 765 717 6.69 3,765,032
178 Seacoast Banking Corporation of Florida Stuart Fla. 762 731 4.24 5,340,299
179 Brookline Bancorp, Inc. Boston Mass. 754 720 4.72 6,703,647
180 Heritage Financial Corporation Olympia Wash. 746 742 0.54 4,050,056
181 United Financial Bancorp, Inc. Hartford Conn. 745 695 7.19 6,989,048
182 BancPlus Corporation Ridgeland Miss. 733 762 -3.81 2,739,855
183 Community Bancshares of Mississippi, Inc. Brandon Miss. 730 715 2.10 2,969,956
184 Bridgeview Bancorp, Inc. Bridgeview Ill. 728 833 -12.61 1,145,439
185 Banc of California, Inc. Santa Ana Calif. 725 1,734 -58.19 10,280,028
186 Heartland Bancorp, Inc. Bloomington Ill. 722 736 -1.90 2,934,122
Sandy Spring Bancorp, Inc. Olney Md. 722 728 -0.82 5,334,788
188 Pacific Premier Bancorp, Inc. Irvine Calif. 714 448 59.38 6,532,334
189 First Western Mortgage Corporation Fort Worth Tex. 713 718 -0.70 1,106,206
190 Triumph Bancorp, Inc. Dallas Tex. 711 709 0.28 2,906,161
191 BofI Holding, Inc. San Diego Calif. 708 626 13.10 8,581,628
192 RCB Holding Company, Inc. Claremore Okla. 707 685 3.21 2,749,968
193 First Command Financial Services, Inc. Fort Worth Tex. 705 623 13.16 1,057,511
194 Ocean Bankshares, Inc. Miami Fla. 697 700 -0.43 3,844,856
195 FCB Financial Holdings, Inc. Weston Fla. 685 656 4.42 10,229,332
196 Origin Bancorp, Inc. Ruston La. 681 681 0.00 4,089,063
197 Happy Bancshares, Inc. Canyon Tex. 678 631 7.45 3,317,207
Landrum Company Columbia Mo. 678 666 1.80 2,689,327
199 Capitol Federal Financial, Inc. Topeka Kan. 666 639 4.23 9,211,858
200 Stockman Financial Corporation Miles City Mont. 664 640 3.75 3,395,027

Note: Includes employees of holding companies and subsidiaries. Based on Y9C filings for top tier bank holding companies.
Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of Feb. 16, 2018.
© 2017 American Banker
Source: Financial Information Systems LLC (

www.FEDFIS.com
)

Workforce management Banks, thrifts and holding companies