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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

May 28, 2019, 11:28 a.m. EDT 1 Min Read

Full-time equivalent, as of Dec. 31, 2018. Dollars in thousands.

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Bank Holding Companies with the Most Employees
Rank Company City State Dec. 31 Year earlier Change Assets
1 Wells Fargo & Company San Francisco Calif. 258,686 262,722 -1.54 $1,895,883,000
2 JPMorgan Chase & Co. New York N.Y. 249,632 246,337 1.34 2,622,532,000
3 Citigroup Inc. New York N.Y. 217,058 223,495 -2.88 1,917,383,000
4 Bank of America Corporation Charlotte N.C. 201,834 206,986 -2.49 2,354,980,000
5 Hy-Vee, Inc. West Des Moines Iowa 83,000 83,000 0.00 3,114,228
6 U.S. Bancorp Minneapolis Minn. 73,333 72,402 1.29 467,374,000
7 Morgan Stanley New York N.Y. 60,348 57,633 4.71 853,531,000
8 American Express Company New York N.Y. 58,959 54,969 7.26 188,596,000
9 PNC Financial Services Group, Inc. Pittsburgh Pa. 52,713 52,408 0.58 382,334,643
10 Capital One Financial Corporation McLean Va. 51,820 52,133 -0.60 372,537,597
11 Bank of New York Mellon Corporation New York N.Y. 51,300 52,500 -2.29 363,012,000
12 United Services Automobile Association San Antonio Tex. 46,043 45,871 0.37 158,695,224
13 State Street Corporation Boston Mass. 40,142 36,643 9.55 244,626,063
14 Goldman Sachs Group, Inc. New York N.Y. 36,600 36,600 0.00 931,798,000
15 BB&T Corporation Winston-Salem N.C. 35,852 36,484 -1.73 225,697,000
16 Synchrony Financial Stamford Conn. 26,380 27,932 -5.56 106,792,000
17 SunTrust Banks, Inc. Atlanta Ga. 22,899 23,785 -3.73 215,741,757
18 Regions Financial Corporation Birmingham Ala. 19,969 21,714 -8.04 125,767,146
19 Charles Schwab Corporation San Francisco Calif. 19,519 17,575 11.06 296,482,000
20 Northern Trust Corporation Chicago Ill. 18,751 18,117 3.50 132,212,517
21 KeyCorp Cleveland Ohio 18,405 19,884 -7.44 140,037,790
22 Citizens Financial Group, Inc. Providence R.I. 18,140 17,594 3.10 161,004,687
23 Fifth Third Bancorp Cincinnati Ohio 17,437 18,125 -3.80 146,069,355
24 First American Financial Corporation Santa Ana Calif. 17,371 17,831 -2.58 10,630,635
25 M&T Bank Corporation Buffalo N.Y. 16,938 16,456 2.93 120,097,403
26 Huntington Bancshares Incorporated Columbus Ohio 15,624 15,412 1.38 108,781,444
27 Discover Financial Services Riverwoods Ill. 15,564 15,452 0.72 109,552,902
28 Raymond James Financial, Inc. Saint Petersburg Fla. 12,517 11,410 9.70 38,543,458
29 Popular, Inc. Hato Rey P.R. 8,474 7,784 8.86 47,605,000
30 Ally Financial Inc. Detroit Mich. 8,203 7,893 3.93 178,869,000
31 Comerica Incorporated Dallas Tex. 7,865 7,999 -1.68 70,906,003
32 Stifel Financial Corp. Saint Louis Mo. 7,667 7,278 5.34 24,519,598
33 First Citizens BancShares, Inc. Raleigh N.C. 6,522 6,611 -1.35 35,408,629
34 Arvest Bank Group, Inc. Bentonville Ark. 6,165 5,747 7.27 18,576,135
35 People's United Financial, Inc. Bridgeport Conn. 5,774 5,160 11.90 47,833,478
36 First Horizon National Corporation Memphis Tenn. 5,576 5,903 -5.54 40,834,325
37 TCF Financial Corporation Wayzata Minn. 5,278 5,774 -8.59 23,709,187
38 BOK Financial Corporation Tulsa Okla. 5,230 4,929 6.11 38,212,385
39 Hilltop Holdings Inc. Dallas Tex. 5,151 5,392 -4.47 13,683,572
40 Woodforest Financial Group, Inc. The Woodlands Tex. 4,933 4,850 1.71 5,952,532
41 First National of Nebraska, Inc. Omaha Neb. 4,836 4,759 1.62 21,647,511
42 Commerce Bancshares, Inc. Kansas City Mo. 4,790 4,774 0.34 25,504,279
43 Wintrust Financial Corporation Rosemont Ill. 4,727 4,075 16.00 31,244,849
44 Associated Banc-Corp Green Bay Wis. 4,655 4,388 6.08 33,647,859
45 Synovus Financial Corp. Columbus Ga. 4,466 4,352 2.62 32,669,192
46 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,370 4,270 2.34 32,370,165
47 F.N.B. Corporation Pittsburgh Pa. 4,266 4,626 -7.78 33,112,625
48 E*TRADE Financial Corporation New York N.Y. 4,035 3,607 11.87 65,003,334
49 Flagstar Bancorp, Inc. Troy Mich. 3,938 3,525 11.72 18,531,442
50 Hancock Whitney Corporation Gulfport Miss. 3,933 3,887 1.18 28,244,914
51 Umpqua Holdings Corporation Portland Ore. 3,928 4,411 -10.95 26,939,781
52 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,898 3,880 0.46 13,104,051
53 CIT Group Inc. New York N.Y. 3,645 4,177 -12.74 48,537,362
54 UMB Financial Corporation Kansas City Mo. 3,573 3,570 0.08 23,351,119
55 Fulton Financial Corporation Lancaster Pa. 3,522 3,594 -2.00 20,641,001
56 IBERIABANK Corporation Lafayette La. 3,403 3,552 -4.19 30,833,015
57 Webster Financial Corporation Waterbury Conn. 3,265 3,302 -1.12 27,630,529
58 International Bancshares Corporation Laredo Tex. 3,214 3,194 0.63 11,871,953
59 East West Bancorp, Inc. Pasadena Calif. 3,196 2,933 8.97 41,042,356
60 Valley National Bancorp Wayne N.J. 3,192 2,842 12.32 31,863,088
61 Chemical Financial Corporation Detroit Mich. 3,117 3,010 3.55 21,498,341
62 Prosperity Bancshares, Inc. Houston Tex. 3,036 3,017 0.63 22,700,836
63 New York Community Bancorp, Inc. Westbury N.Y. 2,913 3,096 -5.91 51,899,376
64 SVB Financial Group Santa Clara Calif. 2,900 2,438 18.95 57,020,489
65 Old National Bancorp Evansville Ind. 2,892 2,801 3.25 19,728,445
66 Trustmark Corporation Jackson Miss. 2,856 2,893 -1.28 13,286,460
67 FirstBank Holding Company Lakewood Colo. 2,837 2,630 7.87 18,578,162
68 First BanCorp. San Juan P.R. 2,714 2,583 5.07 12,243,561
69 Midland Financial Co. Oklahoma City Okla. 2,699 2,483 8.70 17,253,182
70 Community Bank System, Inc. De Witt N.Y. 2,675 2,617 2.22 10,607,294
71 Central Bancompany, Inc. Jefferson City Mo. 2,669 2,624 1.71 13,194,170
72 Simmons First National Corporation Pine Bluff Ark. 2,654 2,640 0.53 16,548,240
73 Glacier Bancorp, Inc. Kalispell Mont. 2,623 2,354 11.43 12,115,484
74 South State Corporation Columbia S.C. 2,602 2,719 -4.30 14,676,328
75 WesBanco, Inc. Wheeling W.Va. 2,388 1,940 23.09 12,475,575
76 Renasant Corporation Tupelo Miss. 2,359 2,102 12.23 12,934,878
77 First Interstate BancSystem, Inc. Billings Mont. 2,330 2,208 5.53 13,297,831
78 United Community Banks, Inc. Blairsville Ga. 2,312 2,137 8.19 12,576,300
79 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,297 2,132 7.74 25,031,044
80 United Bankshares, Inc. Charleston W.Va. 2,230 2,381 -6.34 19,250,498
81 Banner Corporation Walla Walla Wash. 2,187 2,078 5.25 11,871,317
82 First Hawaiian, Inc. Honolulu Hawaii 2,155 NA NA 20,695,678
83 Columbia Banking System, Inc. Tacoma Wash. 2,137 2,123 0.66 13,095,145
84 Northwest Bancshares, Inc. Warren Pa. 2,128 2,106 1.04 9,707,179
85 Bank of Hawaii Corporation Honolulu Hawaii 2,122 2,132 -0.47 17,143,974
86 CenterState Bank Corporation Winter Haven Fla. 2,113 1,200 76.08 12,337,588
87 United National Corporation Sioux Falls S.D. 2,077 2,105 -1.33 2,984,913
88 First Financial Bancorp. Cincinnati Ohio 2,073 1,304 58.97 13,986,660
89 First Midwest Bancorp, Inc. Chicago Ill. 2,046 2,152 -4.93 15,505,649
90 Heartland Financial USA, Inc. Dubuque Iowa 2,045 2,008 1.84 11,408,006
91 HomeStreet, Inc. Seattle Wash. 2,036 2,419 -15.83 7,042,221
92 State Bankshares, Inc. Fargo N.D. 1,993 1,796 10.97 5,522,113
93 Pinnacle Bancorp, Inc. Omaha Neb. 1,954 1,904 2.63 10,970,611
94 Investors Bancorp, Inc. Short Hills N.J. 1,928 1,959 -1.58 26,310,872
95 Berkshire Hills Bancorp, Inc. Boston Mass. 1,917 1,992 -3.77 12,215,537
96 Washington Federal, Inc. Seattle Wash. 1,910 1,829 4.43 16,188,126
97 Sterling Bancorp Montebello N.Y. 1,907 2,076 -8.14 31,395,303
98 BancFirst Corporation Oklahoma City Okla. 1,906 1,782 6.96 7,574,260
99 PacWest Bancorp Beverly Hills Calif. 1,828 1,801 1.50 25,731,354
100 Eastern Bank Corporation Boston Mass. 1,821 1,766 3.11 11,381,576
101 Home BancShares, Inc. Conway Ark. 1,815 1,745 4.01 15,302,438
102 Western Alliance Bancorporation Phoenix Ariz. 1,813 1,747 3.78 23,109,486
103 Ameris Bancorp Moultrie Ga. 1,804 1,460 23.56 11,443,515
104 Bremer Financial Corporation Saint Paul Minn. 1,794 1,849 -2.97 12,192,038
105 NBT Bancorp Inc. Norwich N.Y. 1,791 1,733 3.35 9,556,363
106 Park National Corporation Newark Ohio 1,782 1,746 2.06 7,804,308
107 BankUnited, Inc. Miami Lakes Fla. 1,763 1,731 1.85 32,164,326
108 First Merchants Corporation Muncie Ind. 1,702 1,684 1.07 9,889,040
109 John Deere Capital Corporation Reno Nev. 1,661 1,618 2.66 36,864,139
110 Texas Capital Bancshares, Inc. Dallas Tex. 1,645 1,561 5.38 28,258,337
111 Atlantic Union Bankshares Corporation Richmond Va. 1,609 1,419 13.39 13,765,293
Great Western Bancorp, Inc. Sioux Falls S.D. 1,609 1,661 -3.13 12,573,641
113 Hope Bancorp, Inc. Los Angeles Calif. 1,507 1,490 1.14 15,308,146
114 Durant Bancorp, Inc. Durant Okla. 1,452 1,452 0.00 7,038,868
115 First Commonwealth Financial Corporation Indiana Pa. 1,426 1,372 3.94 7,828,255
116 Fidelity Southern Corporation Atlanta Ga. 1,407 1,394 0.93 4,733,796
117 OFG Bancorp San Juan P.R. 1,392 1,419 -1.90 6,583,352
118 FB Financial Corporation Nashville Tenn. 1,383 1,384 -0.07 5,136,764
119 Dollar Mutual Bancorp Pittsburgh Pa. 1,339 NA NA 8,514,086
120 First Financial Bankshares, Inc. Abilene Tex. 1,315 1,276 3.06 7,731,854
121 First Busey Corporation Champaign Ill. 1,270 1,347 -5.72 7,702,357
122 Cathay General Bancorp Los Angeles Calif. 1,250 1,236 1.13 16,784,737
123 Meta Financial Group, Inc. Sioux Falls S.D. 1,229 878 39.98 6,182,836
124 National Bank Holdings Corporation Greenwood Village Colo. 1,202 863 39.28 5,676,666
125 Independent Bank Corp. Rockland Mass. 1,188 1,108 7.22 8,853,863
126 WSFS Financial Corporation Wilmington Del. 1,177 1,159 1.55 7,248,870
127 Johnson Financial Group, Inc. Racine Wis. 1,173 1,181 -0.68 5,042,662
128 Cadence Bancorporation Houston Tex. 1,170 NA NA 12,730,303
129 1st Source Corporation South Bend Ind. 1,153 1,133 1.77 6,293,749
130 TriCo Bancshares Chico Calif. 1,141 988 15.49 6,352,441
131 Triumph Bancorp, Inc. Dallas Tex. 1,121 821 36.54 4,559,779
132 FB Corporation Creve Coeur Mo. 1,097 1,034 6.09 6,383,291
133 Midland States Bancorp, Inc. Effingham Ill. 1,096 841 30.32 5,637,673
134 First Bancorp Southern Pines N.C. 1,076 1,140 -5.61 5,865,088
135 Independent Bank Group, Inc. McKinney Tex. 1,059 901 17.54 9,849,965
136 Republic Bancorp, Inc. Louisville Ky. 1,051 997 5.42 5,240,404
137 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,041 1,027 1.36 14,238,626
138 S&T Bancorp, Inc. Indiana Pa. 1,040 1,080 -3.70 7,252,221
139 Tompkins Financial Corporation Ithaca N.Y. 1,039 1,041 -0.19 6,758,436
140 EB Acquisition Company, LLC Dallas Tex. 1,036 975 6.26 6,032,147
141 Great Southern Bancorp, Inc. Springfield Mo. 1,034 1,112 -7.01 4,680,443
142 First Security Bancorp Searcy Ark. 1,024 1,012 1.19 5,412,242
143 CVB Financial Corp. Ontario Calif. 1,023 804 27.24 11,529,153
Pacific Premier Bancorp, Inc. Irvine Calif. 1,023 842 21.50 11,487,387
145 Bessemer Group, Incorporated Woodbridge N.J. 1,012 938 7.89 4,064,845
146 Cass Information Systems, Inc. Saint Louis Mo. 1,010 965 4.66 1,695,176
147 Provident Financial Services, Inc. Jersey City N.J. 1,002 1,006 -0.40 9,725,769
148 Apple Financial Holdings, Inc. New York N.Y. 1,001 865 15.72 14,307,254
149 W.T.B. Financial Corporation Spokane Wash. 994 961 3.43 6,552,350
150 Community Trust Bancorp, Inc. Pikeville Ky. 978 990 -1.21 4,201,616
151 FirstSun Capital Bancorp Denver Colo. 962 846 13.71 3,868,854
152 Byline Bancorp, Inc. Chicago Ill. 943 844 11.73 4,942,574
153 Independent Bank Corporation Grand Rapids Mich. 915 848 7.90 3,358,872
154 Mercantil Bank Holding Corporation Coral Gables Fla. 911 944 -3.50 8,124,347
155 Sandy Spring Bancorp, Inc. Olney Md. 910 730 24.66 8,243,272
156 Seacoast Banking Corporation of Florida Stuart Fla. 902 805 12.05 6,747,658
157 City Holding Company Cross Lanes W.Va. 894 839 6.56 4,897,935
158 Waterstone Financial, Inc. Wauwatosa Wis. 888 927 -4.21 1,912,060
159 Bangor Bancorp, MHC Bangor Maine 884 769 14.95 4,415,179
160 Axos Financial, Inc. San Diego Calif. 873 711 22.78 9,810,096
161 Peoples Bancorp Inc. Marietta Ohio 871 774 12.53 3,993,963
162 LegacyTexas Financial Group, Inc. Plano Tex. 866 853 1.52 9,058,408
163 Heritage Financial Corporation Olympia Wash. 859 735 16.87 5,316,927
164 TrustCo Bank Corp NY Glenville N.Y. 854 849 0.59 4,960,546
165 OceanFirst Financial Corp. Toms River N.J. 850 645 31.78 7,524,903
166 Univest Financial Corporation Souderton Pa. 840 849 -1.06 4,984,347
167 Southside Bancshares, Inc. Tyler Tex. 837 873 -4.12 6,123,494
168 Customers Bancorp, Inc. Wyomissing Pa. 827 765 8.10 9,833,505
169 First Bancshares, Inc. Merrillville Ind. 820 776 5.67 4,431,257
170 First Financial Corporation Terre Haute Ind. 818 847 -3.42 3,009,730
First Mid Bancshares, Inc. Mattoon Ill. 818 592 38.18 3,839,734
172 INTRUST Financial Corporation Wichita Kan. 816 814 0.25 5,219,500
173 Farmers & Merchants Investment, Inc. Lincoln Neb. 806 777 3.73 4,209,594
174 Central Pacific Financial Corp. Honolulu Hawaii 805 808 -0.37 5,807,026
175 Community Bancshares of Mississippi, Inc. Brandon Miss. 798 735 8.57 3,249,930
176 Capital City Bank Group, Inc. Tallahassee Fla. 789 789 0.00 2,949,396
177 Fremont Bancorporation Fremont Calif. 783 812 -3.57 3,952,709
178 Boston Private Financial Holdings, Inc. Boston Mass. 777 921 -15.64 8,495,788
179 Brookline Bancorp, Inc. Boston Mass. 775 745 4.03 7,410,777
180 RCB Holding Company, Inc. Claremore Okla. 774 713 8.56 3,139,842
181 United Financial Bancorp, Inc. Hartford Conn. 770 774 -0.52 7,362,954
182 Westamerica Bancorporation San Rafael Calif. 762 785 -2.93 5,580,659
183 Origin Bancorp, Inc. Ruston La. 761 687 10.77 4,821,923
184 Carolina Financial Corporation Charleston S.C. 757 754 0.40 3,793,253
185 QCR Holdings, Inc. Moline Ill. 755 641 17.78 4,949,710
186 German American Bancorp, Inc. Jasper Ind. 747 621 20.29 3,929,766
187 Banc of California, Inc. Santa Ana Calif. 741 738 0.41 10,630,067
188 BancPlus Corporation Ridgeland Miss. 740 730 1.37 2,773,954
189 Capitol Federal Financial, Inc. Topeka Kan. 739 655 12.82 9,320,043
190 Horizon Bancorp, Inc. Michigan City Ind. 716 701 2.14 4,246,688
191 Alpine Banks of Colorado Glenwood Springs Colo. 714 638 11.91 3,709,954
192 First Command Financial Services, Inc. Fort Worth Tex. 707 685 3.21 1,073,220
Ocean Bankshares, Inc. Miami Fla. 707 703 0.57 3,888,253
194 Happy Bancshares, Inc. Canyon Tex. 705 680 3.68 3,446,382
195 First State Bancshares, Inc. Farmington Mo. 704 669 5.23 2,470,741
196 Financial Institutions, Inc. Warsaw N.Y. 702 640 9.69 4,311,698
197 Stockman Financial Corporation Miles City Mont. 694 691 0.43 3,663,699
198 First American Bank Corporation Elk Grove Village Ill. 688 626 9.90 5,338,360
199 South Plains Financial, Inc. Lubbock Tex. 684 612 11.76 2,712,746
200 Landrum Company Columbia Mo. 681 688 -1.02 3,132,938

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 May. 23, 2019.
© 2018 American Banker
Source:

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

Workforce management Banks, thrifts and holding companies