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Bank Holding Companies with the Most Employees

February 24, 2020, 7:20 a.m. EST 1 Min Read
Rank Company City State Sept. 30 Year earlier Change Assets
1 Wells Fargo & Company San Francisco Calif. $261,424 $261,742 -0.12 $1,943,950,000
2 JPMorgan Chase & Co. New York N.Y. 250,691 248,956 0.70 2,764,661,000
3 Citigroup Inc. New York N.Y. 209,653 218,831 -4.19 2,014,802,000
4 Bank of America Corporation Charlotte N.C. 205,853 202,024 1.90 2,426,330,000
5 Hy-Vee, Inc. West Des Moines Iowa 83,000 NA NA 3,724,635
6 U.S. Bancorp Minneapolis Minn. 71,068 73,919 -3.86 487,671,000
7 American Express Company New York N.Y. 63,905 57,757 10.64 194,178,000
8 Morgan Stanley New York N.Y. 60,532 59,835 1.16 902,604,000
9 Capital One Financial Corporation McLean Va. 57,255 51,675 10.80 378,810,387
10 PNC Financial Services Group, Inc. Pittsburgh Pa. 51,860 52,813 -1.80 409,007,227
11 Bank of New York Mellon Corporation New York N.Y. 48,700 52,000 -6.35 373,275,000
12 United Services Automobile Association San Antonio Tex. 48,215 45,706 5.49 173,748,031
13 State Street Corporation Boston Mass. 39,099 39,020 0.20 244,609,000
14 Goldman Sachs Group, Inc. New York N.Y. 37,800 39,800 -5.03 1,007,335,000
15 Truist Financial Corporation Charlotte N.C. 34,723 36,233 -4.17 236,750,000
16 Synchrony Financial Stamford Conn. 27,217 27,041 0.65 105,943,000
17 Charles Schwab Corporation San Francisco Calif. 20,088 19,143 4.94 278,987,000
18 Northern Trust Corporation Chicago Ill. 19,558 18,636 4.95 124,355,847
19 Regions Financial Corporation Birmingham Ala. 19,549 19,868 -1.61 128,436,000
20 Fifth Third Bancorp Cincinnati Ohio 19,478 17,512 11.23 171,078,869
21 Citizens Financial Group, Inc. Providence R.I. 18,116 18,332 -1.18 164,974,535
22 KeyCorp Cleveland Ohio 17,595 18,680 -5.81 147,321,059
23 M&T Bank Corporation Buffalo N.Y. 17,536 16,798 4.39 125,500,926
24 First American Financial Corporation Santa Ana Calif. 17,292 17,871 -3.24 11,804,092
25 Discover Financial Services Riverwoods Ill. 16,048 15,897 0.95 110,785,547
26 Huntington Bancshares Incorporated Columbus Ohio 15,636 15,771 -0.86 108,735,233
27 Raymond James Financial, Inc. Saint Petersburg Fla. 13,149 12,387 6.15 38,829,557
28 Ameriprise Financial, Inc. Minneapolis Minn. 12,187 NA NA 149,516,483
29 Popular, Inc. Hato Rey P.R. 8,457 8,363 1.12 52,480,000
30 Ally Financial Inc. Detroit Mich. 8,432 8,136 3.64 181,485,000
31 Stifel Financial Corp. Saint Louis Mo. 7,985 7,559 5.64 24,160,777
32 TCF Financial Corporation Detroit Mich. 7,883 5,290 49.02 45,727,683
33 Comerica Incorporated Dallas Tex. 7,725 7,834 -1.39 73,081,000
34 First Citizens BancShares, Inc. Raleigh N.C. 6,770 6,486 4.38 37,748,324
35 Arvest Bank Group, Inc. Bentonville Ark. 6,271 5,830 7.56 19,353,410
36 People's United Financial, Inc. Bridgeport Conn. 5,810 5,471 6.20 52,068,945
37 Synovus Financial Corp. Columbus Ga. 5,229 4,434 17.93 47,661,182
38 BOK Financial Corporation Tulsa Okla. 5,078 4,844 4.83 43,279,426
39 First Horizon National Corporation Memphis Tenn. 5,050 5,554 -9.07 43,718,832
40 Woodforest Financial Group, Inc. The Woodlands Tex. 5,028 4,867 3.31 6,331,464
41 Hilltop Holdings Inc. Dallas Tex. 4,977 5,262 -5.42 14,837,029
42 Commerce Bancshares, Inc. Kansas City Mo. 4,908 4,798 2.29 25,908,935
43 Wintrust Financial Corporation Rosemont Ill. 4,856 4,603 5.50 34,902,953
44 Associated Banc-Corp Green Bay Wis. 4,760 4,676 1.80 32,596,460
45 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,631 4,307 7.52 33,179,016
46 E*TRADE Financial Corporation Arlington Va. 4,297 4,091 5.04 61,706,779
47 F.N.B. Corporation Pittsburgh Pa. 4,203 4,311 -2.51 34,353,479
48 Flagstar Bancorp, Inc. Troy Mich. 4,171 3,496 19.31 22,048,362
49 Umpqua Holdings Corporation Portland Ore. 3,946 4,023 -1.91 28,930,855
50 Hancock Whitney Corporation Gulfport Miss. 3,894 3,858 0.93 30,551,447
51 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,839 3,885 -1.18 13,517,970
52 UMB Financial Corporation Kansas City Mo. 3,622 3,548 2.09 24,143,092
53 CIT Group Inc. New York N.Y. 3,551 3,751 -5.33 51,403,140
54 Fulton Financial Corporation Lancaster Pa. 3,515 3,530 -0.42 21,677,505
55 IBERIABANK Corporation Lafayette La. 3,397 3,429 -0.93 31,734,598
56 Webster Financial Corporation Waterbury Conn. 3,343 3,295 1.46 29,941,592
57 East West Bancorp, Inc. Pasadena Calif. 3,282 2,930 12.01 43,274,659
58 International Bancshares Corporation Laredo Tex. 3,261 3,225 1.12 11,966,035
59 SVB Financial Group Santa Clara Calif. 3,232 2,835 14.00 68,466,759
60 Valley National Bancorp Wayne N.J. 3,065 3,262 -6.04 33,765,539
61 Prosperity Bancshares, Inc. Houston Tex. 3,044 3,029 0.50 22,093,140
62 FirstBank Holding Company Lakewood Colo. 2,967 2,810 5.59 19,592,914
63 Ameris Bancorp Atlanta Ga. 2,906 1,847 57.34 17,764,277
64 Trustmark Corporation Jackson Miss. 2,835 2,889 -1.87 13,584,786
65 Glacier Bancorp, Inc. Kalispell Mont. 2,802 2,572 8.94 13,718,792
66 Old National Bancorp Evansville Ind. 2,778 2,554 8.77 20,438,812
67 New York Community Bancorp, Inc. Westbury N.Y. 2,774 3,026 -8.33 52,537,629
68 Community Bank System, Inc. De Witt N.Y. 2,767 2,719 1.77 11,597,297
69 First BanCorp. San Juan P.R. 2,717 2,690 1.00 12,530,713
70 CenterState Bank Corporation Winter Haven Fla. 2,705 2,060 31.31 17,420,376
71 Simmons First National Corporation Pine Bluff Ark. 2,701 2,635 2.50 17,758,574
72 Central Bancompany, Inc. Jefferson City Mo. 2,650 2,620 1.15 14,025,609
73 Midland Financial Co. Oklahoma City Okla. 2,645 2,566 3.08 21,631,353
74 South State Corporation Columbia S.C. 2,544 2,640 -3.64 15,752,082
75 Renasant Corporation Tupelo Miss. 2,511 2,384 5.33 13,039,673
76 First Interstate BancSystem, Inc. Billings Mont. 2,422 2,372 2.11 14,701,947
77 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,412 2,250 7.20 27,547,834
78 EB Acquisition Company II LLC Dallas Tex. 2,338 NA NA 17,299,341
EB Acquisition Company, LLC Dallas Tex. 2,338 1,020 129.22 17,299,341
80 WesBanco, Inc. Wheeling W.Va. 2,330 2,404 -3.08 12,593,904
81 United Community Banks, Inc. Blairsville Ga. 2,319 2,300 0.83 12,814,281
82 United Bankshares, Inc. Charleston W.Va. 2,231 2,289 -2.53 19,751,461
83 Northwest Bancshares, Inc. Warren Pa. 2,218 2,133 3.98 10,736,134
84 Banner Corporation Walla Walla Wash. 2,171 2,030 6.95 12,097,842
85 Columbia Banking System, Inc. Tacoma Wash. 2,137 2,125 0.56 13,758,475
86 First Midwest Bancorp, Inc. Chicago Ill. 2,127 2,012 5.72 18,013,454
87 Bank of Hawaii Corporation Honolulu Hawaii 2,124 2,143 -0.89 17,672,140
88 First Hawaiian, Inc. Honolulu Hawaii 2,099 2,166 -3.09 20,598,220
89 United National Corporation Sioux Falls S.D. 2,077 2,075 0.10 3,153,797
90 First Financial Bancorp. Cincinnati Ohio 2,064 2,028 1.78 14,480,445
91 Pinnacle Bancorp, Inc. Omaha Neb. 1,995 1,934 3.15 12,010,644
92 BancFirst Corporation Oklahoma City Okla. 1,963 1,925 1.97 8,389,183
93 Heartland Financial USA, Inc. Dubuque Iowa 1,962 2,211 -11.26 12,569,262
94 Washington Federal, Inc. Seattle Wash. 1,956 1,877 4.21 16,474,910
95 Atlantic Union Bankshares Corporation Richmond Va. 1,946 1,621 20.05 17,443,777
96 First Merchants Corporation Muncie Ind. 1,942 1,693 14.71 12,325,061
97 Park National Corporation Newark Ohio 1,936 1,783 8.58 8,726,864
98 Home BancShares, Inc. Conway Ark. 1,889 1,784 5.89 14,901,935
99 Investors Bancorp, Inc. Short Hills N.J. 1,887 1,951 -3.28 26,786,430
100 Western Alliance Bancorporation Phoenix Ariz. 1,838 1,818 1.10 26,324,245
101 Cadence Bancorporation Houston Tex. 1,821 1,170 55.64 17,856,213
102 PacWest Bancorp Beverly Hills Calif. 1,810 1,821 -0.60 26,724,627
103 WSFS Financial Corporation Wilmington Del. 1,792 1,152 55.56 12,272,673
104 Berkshire Hills Bancorp, Inc. Boston Mass. 1,790 1,970 -9.14 13,537,048
105 Eastern Bank Corporation Boston Mass. 1,784 1,794 -0.56 11,508,089
106 NBT Bancorp Inc. Norwich N.Y. 1,778 1,794 -0.89 9,661,386
107 Texas Capital Bancshares, Inc. Dallas Tex. 1,697 1,640 3.48 33,526,714
108 Sterling Bancorp Montebello N.Y. 1,689 1,959 -13.78 30,087,578
109 Bremer Financial Corporation Saint Paul Minn. 1,669 1,784 -6.45 13,114,874
John Deere Capital Corporation Reno Nev. 1,669 1,644 1.52 40,497,683
111 Great Western Bancorp, Inc. Sioux Falls S.D. 1,610 1,619 -0.56 12,788,301
112 First Busey Corporation Champaign Ill. 1,595 1,298 22.88 9,753,760
113 Spend Life Wisely Company, Inc. Durant Okla. 1,576 1,442 9.29 7,877,710
114 BankUnited, Inc. Miami Lakes Fla. 1,520 1,769 -14.08 32,950,535
115 First Commonwealth Financial Corporation Indiana Pa. 1,511 1,417 6.63 8,152,027
116 Hope Bancorp, Inc. Los Angeles Calif. 1,452 1,515 -4.16 15,381,197
117 OFG Bancorp San Juan P.R. 1,424 1,365 4.32 6,333,505
118 Independent Bank Group, Inc. McKinney Tex. 1,421 1,036 37.16 14,959,127
119 FB Financial Corporation Nashville Tenn. 1,419 1,433 -0.98 6,088,895
120 Dollar Mutual Bancorp Pittsburgh Pa. 1,383 NA NA 8,998,544
121 First Financial Bankshares, Inc. Abilene Tex. 1,359 1,326 2.49 8,113,839
122 Independent Bank Corp. Rockland Mass. 1,340 1,155 16.02 11,540,121
123 National Bank Holdings Corporation Greenwood Village Colo. 1,267 1,218 4.02 5,990,050
124 State Bankshares, Inc. Fargo N.D. 1,259 1,923 -34.53 6,378,301
125 Cathay General Bancorp Los Angeles Calif. 1,228 1,261 -2.62 18,004,966
126 Johnson Financial Group, Inc. Racine Wis. 1,187 1,179 0.68 5,310,242
127 Meta Financial Group, Inc. Sioux Falls S.D. 1,186 1,219 -2.71 6,182,913
128 Green Dot Corporation Pasadena Calif. 1,184 NA NA 2,127,913
129 1st Source Corporation South Bend Ind. 1,164 1,141 2.02 6,691,540
130 TriCo Bancshares Chico Calif. 1,159 1,130 2.57 6,384,883
131 Midland States Bancorp, Inc. Effingham Ill. 1,142 1,105 3.35 6,113,904
132 HomeStreet, Inc. Seattle Wash. 1,132 2,053 -44.86 6,835,878
133 Apple Financial Holdings, Inc. New York N.Y. 1,117 965 15.75 15,107,701
134 Triumph Bancorp, Inc. Dallas Tex. 1,101 1,117 -1.43 5,039,696
135 First Bancorp Southern Pines N.C. 1,100 1,108 -0.72 6,069,387
136 Republic Bancorp, Inc. Louisville Ky. 1,093 1,034 5.71 6,103,647
137 FB Corporation Creve Coeur Mo. 1,087 1,096 -0.82 6,157,966
138 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,070 1,025 4.39 14,542,301
139 S&T Bancorp, Inc. Indiana Pa. 1,051 1,035 1.55 7,571,991
140 Tompkins Financial Corporation Ithaca N.Y. 1,049 1,038 1.06 6,627,982
141 First Security Bancorp Searcy Ark. 1,042 1,028 1.36 5,880,953
142 CVB Financial Corp. Ontario Calif. 1,033 1,106 -6.60 11,332,762
143 Cass Information Systems, Inc. Saint Louis Mo. 1,026 1,002 2.40 1,781,010
144 Axos Financial, Inc. Las Vegas Nev. 1,021 809 26.21 11,770,861
145 FirstSun Capital Bancorp Denver Colo. 1,017 936 8.65 4,039,616
146 Bessemer Group, Incorporated New York N.Y. 1,013 997 1.60 2,960,546
W.T.B. Financial Corporation Spokane Wash. 1,013 992 2.12 6,811,084
148 Great Southern Bancorp, Inc. Springfield Mo. 1,006 1,024 -1.76 4,977,076
149 Byline Bancorp, Inc. Chicago Ill. 1,004 924 8.66 5,438,278
150 Community Trust Bancorp, Inc. Pikeville Ky. 1,001 979 2.25 4,337,663
151 Pacific Premier Bancorp, Inc. Irvine Calif. 998 1,140 -12.46 11,811,497
152 Provident Financial Services, Inc. Jersey City N.J. 988 1,018 -2.95 9,918,397
153 First Financial Corporation Terre Haute Ind. 979 809 21.01 3,984,400
154 Independent Bank Corporation Grand Rapids Mich. 928 913 1.64 3,550,837
155 City Holding Company Cross Lanes W.Va. 920 848 8.49 4,957,021
156 Sandy Spring Bancorp, Inc. Olney Md. 919 910 0.99 8,437,538
157 Peoples Bancorp Inc. Marietta Ohio 910 849 7.18 4,396,148
158 Bangor Bancorp, MHC Bangor Maine 906 864 4.86 4,599,985
159 OceanFirst Financial Corp. Toms River N.J. 890 852 4.46 8,139,673
160 INTRUST Financial Corporation Wichita Kan. 886 822 7.79 5,374,300
161 Heritage Financial Corporation Olympia Wash. 879 878 0.11 5,515,185
162 Seacoast Banking Corporation of Florida Stuart Fla. 865 835 3.59 6,890,645
163 Univest Financial Corporation Souderton Pa. 862 845 2.01 5,353,611
164 Customers Bancorp, Inc. Wyomissing Pa. 853 820 4.02 11,727,078
165 Fremont Bancorporation Fremont Calif. 852 798 6.77 4,512,497
166 First Bancshares, Inc. Merrillville Ind. 849 812 4.56 4,816,548
167 Southside Bancshares, Inc. Tyler Tex. 842 837 0.60 6,542,075
168 German American Bancorp, Inc. Jasper Ind. 841 651 29.19 4,356,434
169 Amarillo National Bancorp, Inc. Amarillo Tex. 840 657 27.85 5,407,363
170 Amerant Bancorp Inc. Coral Gables Fla. 838 948 -11.60 7,864,260
171 Central Pacific Financial Corp. Honolulu Hawaii 831 810 2.59 5,976,716
172 First Mid Bancshares, Inc. Mattoon Ill. 830 686 20.99 3,837,729
173 TrustCo Bank Corp NY Glenville N.Y. 823 807 1.98 5,223,883
174 Farmers & Merchants Investment, Inc. Lincoln Neb. 821 792 3.66 4,460,653
175 Capital City Bank Group, Inc. Tallahassee Fla. 818 797 2.63 2,919,524
176 Enterprise Financial Services Corp Clayton Mo. 812 640 26.88 7,346,791
177 Waterstone Financial, Inc. Wauwatosa Wis. 809 975 -17.03 2,003,923
178 Horizon Bancorp, Inc. Michigan City Ind. 804 706 13.88 5,186,714
179 Brookline Bancorp, Inc. Boston Mass. 793 768 3.26 7,889,157
180 Community Bancshares of Mississippi, Inc. Brandon Miss. 791 778 1.67 3,307,287
181 Boston Private Financial Holdings, Inc. Boston Mass. 785 890 -11.80 8,691,245
182 RCB Holding Company, Inc. Claremore Okla. 767 773 -0.78 3,119,524
183 QCR Holdings, Inc. Moline Ill. 766 728 5.22 5,292,382
184 Westamerica Bancorporation San Rafael Calif. 761 771 -1.30 5,636,609
185 Origin Bancorp, Inc. Ruston La. 759 763 -0.52 5,397,373
186 MidWestOne Financial Group, Inc. Iowa City Iowa 757 602 25.75 4,648,287
187 HBT Financial, Inc. Bloomington Ill. 750 NA NA 3,166,613
188 Alpine Banks of Colorado Glenwood Springs Colo. 747 687 8.73 3,844,241
189 Capitol Federal Financial, Inc. Topeka Kan. 738 733 0.68 9,359,095
190 Carolina Financial Corporation Charleston S.C. 735 760 -3.29 3,982,940
First American Bank Corporation Elk Grove Village Ill. 735 686 7.14 4,510,843
192 Stockman Financial Corporation Miles City Mont. 729 688 5.96 3,832,436
193 First Command Financial Services, Inc. Fort Worth Tex. 728 696 4.60 1,117,592
194 BancPlus Corporation Ridgeland Miss. 723 737 -1.90 2,973,978
195 Happy Bancshares, Inc. Canyon Tex. 716 695 3.02 3,679,648
196 First State Bancshares, Inc. Farmington Mo. 700 689 1.60 2,568,773
197 Financial Institutions, Inc. Warsaw N.Y. 699 686 1.90 4,332,737
198 Lakeland Bancorp, Inc. Oak Ridge N.J. 698 643 8.55 6,493,567
199 Banc of California, Inc. Santa Ana Calif. 693 708 -2.12 8,625,339
200 First Defiance Financial Corp. Defiance Ohio 675 661 2.12 3,351,003

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. 21, 2020.
© 2020 American Banker
Source:

https://www.spglobal.com/en/