Bank Holding Companies with the Most Employees

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Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most EmployeesFull-time equivalent on June 30, 2009. Dollars in thousands
Published November 5, 2009

Rank   June 30 Year earlier Change Assets
1 Citigroup Inc. New York 303,798 389,230 -21.9% $1,848,533,000
2 Bank of America Corp. Charlotte 282,408 206,894 36.5 2,256,059,674
3 Wells Fargo & Co. San Francisco 269,900 160,500 68.2 1,284,176,000
4 JPMorgan Chase & Co. New York 212,748 188,692 12.7 2,026,642,000
5 Morgan Stanley New York 62,215 NA NA 676,957,000
6 American Express Co. New York 60,728 NA NA 115,975,155
7 PNC Financial Services Group Inc. Pittsburgh 56,440 28,075 101 279,788,303
8 U.S. Bancorp Minneapolis 54,418 53,965 0.8 265,560,000
9 MetLife Inc. New York 52,865 50,277 5.1 509,457,014
10 Bank of New York Mellon Corp. 41,800 43,100 -3.0 203,246,000
11 Regions Financial Corp. Birmingham, Ala. 29,838 31,564 -5.5 142,824,610
12 Goldman Sachs Group Inc. New York 29,400 NA NA 890,137,000
13 BB&T Corp. Winston-Salem, N.C. 28,763 30,089 -4.4 152,398,410
14 SunTrust Banks Inc. Atlanta 28,520 31,602 -9.8 176,854,034
15 State Street Corp. Boston 26,950 28,690 -6.1 152,921,189
16 Capital One Financial Corp. McLean, Va. 26,646 23,968 11.2 171,911,307
17 GMAC Inc. Detroit 21,106 NA NA 181,250,000
18 Fifth Third Bancorp Cincinnati 20,702 21,617 -4.2 115,983,653
19 KeyCorp Cleveland 17,117 18,187 -5.9 98,389,472
20 Northern Trust Corp. Chicago 12,355 11,797 4.7 75,045,238
21 Zions Bancorp. Salt Lake City 10,632 10,985 -3.2 52,906,728
22 Huntington Bancshares Inc. Columbus, Ohio 10,252 11,258 -8.9 51,485,101
23 Discover Financial Services Riverwoods, Ill. 9,988 NA NA 41,250,577
24 Popular Inc. Hato Rey, Puerto Rico 9,900 11,233 -11.9 36,499,000
25 Comerica Inc. Dallas 9,497 10,530 -9.8 63,859,610
26 Marshall & Ilsley Corp. Milwaukee 9,136 9,554 -4.4 59,749,122
27 Franklin Resources Inc. San Mateo, Calif. 7,806 8,958 -12.9 9,190,483
28 TCF Financial Corp. Wayzata, Minn. 6,778 6,995 -3.1 17,503,325
29 Synovus Financial Corp. Columbus, Ga. 6,248 7,000 -10.7 34,349,670
30 First Horizon National Corp. Memphis 5,971 9,245 -35.4 28,759,618
31 Commerce Bancshares Inc. Kansas City, Mo. 5,142 5,233 -1.7 17,733,266
32 Associated Banc-Corp Green Bay, Wis. 5,094 5,224 -2.5 24,013,567
33 Arvest Bank Group Inc. Bentonville, Ark. 5,006 4,797 4.4 10,769,626
34 CIT Group Inc. New York 4,690 NA NA 71,019,240
35 Woodforest Financial Group Inc. The Woodlands, Texas 4,640 4,331 7.1 3,261,352
36 BOK Financial Corp. Tulsa 4,509 4,226 6.7 22,785,019
37 BancorpSouth Inc. Tupelo, Miss. 4,496 4,556 -1.3 13,300,821
38 First Citizens BancShares Inc. Raleigh 4,434 4,616 -3.9 17,317,880
39 FBOP Corp. Oak Park, Ill. 3,998 4,191 -4.6 18,574,217
40 Cullen/Frost Bankers Inc. San Antonio 3,967 3,851 3.0 15,854,035
41 Stifel Financial Corp. St. Louis 3,735 2,922 27.8 2,287,993
42 Fulton Financial Corp. Lancaster, Pa. 3,631 3,667 -1.0 16,875,852
43 International Bancshares Corp. Laredo, Texas 3,584 3,675 -2.5 11,451,499
44 UMB Financial Corp. Kansas City, Mo. 3,269 3,315 -1.4 9,955,126
45 Susquehanna Bancshares Inc. Lititz, Pa. 2,949 3,145 -6.2 13,872,483
46 Wilmington Trust Corp. Del. 2,909 2,879 1.0 11,434,166
47 Old National Bancorp Evansville, Ind. 2,875 2,499 15.0 8,012,219
48 City National Corp. Los Angeles 2,866 3,013 -4.9 17,664,367
49 Webster Financial Corp. Waterbury, Conn. 2,825 3,029 -6.7 17,471,449
50 First BanCorp. San Juan, Puerto Rico 2,815 2,909 -3.2 20,012,887
51 Valley National Bancorp Wayne, N.J. 2,744 2,612 5.1 14,132,031
52 United National Corp. Sioux Falls, S.D. 2,734 2,698 1.3 1,590,021
53 Whitney Holding Corp. New Orleans 2,663 2,458 8.3 11,977,003
54 New York Community Bancorp Inc. Westbury 2,605 2,831 -8.0 32,887,597
55 Sterling Financial Corp. Spokane 2,594 2,545 1.9 12,414,007
56 Trustmark Corp. Jackson, Miss. 2,562 2,637 -2.8 9,626,870
57 FirstMerit Corp. Akron 2,540 2,679 -5.2 10,698,415
58 Bank of Hawaii Corp. Honolulu 2,533 2,534 0.0 12,194,694
59 Central Bancompany Inc. Jefferson City, Mo. 2,486 2,587 -3.9 8,945,418
60 F.N.B. Corp. Hermitage, Pa. 2,340 2,335 0.2 8,710,320
61 South Financial Group Inc. Greenville, S.C. 2,339 2,572 -9.1 12,588,757
62 PlainsCapital Corp. Dallas 2,311 1,369 68.8 4,407,674
63 First Community Bancshares Inc. Killeen, Texas 2,300 2,309 -0.4 1,043,911
64 Wintrust Financial Corp. Lake Forest, Ill. 2,286 2,010 13.7 11,359,536
65 Dickinson Financial Corp. II Kansas City, Mo. 2,209 2,285 -3.3 5,608,875
66 Citizens Republic Bancorp Inc. Flint, Mich. 2,157 2,321 -7.1 12,315,213
67 First Banks Inc. Clayton, Mo. 2,137 2,341 -8.7 10,382,531
68 Park National Corp. Newark, Ohio 2,074 2,069 0.2 7,007,610
69 FirstBank Holding Co. Lakewood, Colo. 2,003 1,893 5.8 9,595,472
70 Hancock Holding Co. Gulfport, Miss. 1,911 1,903 0.4 7,065,862
71 National Penn Bancshares Inc. Boyertown, Pa. 1,826 1,811 0.8 9,757,913
72 Umpqua Holdings Corp. Portland, Ore. 1,821 1,695 7.4 8,664,291
73 United Community Banks Inc. Blairsville, Ga. 1,811 1,894 -4.4 8,403,046
74 First Citizens Bancorp. Inc. Columbia, S.C. 1,793 1,728 3.8 7,099,295
75 First Midwest Bancorp Inc. Itasca, Ill. 1,766 1,828 -3.4 7,767,361
76 First Interstate BancSystem Inc. Billings, Mont. 1,757 1,883 -6.7 6,773,036
77 Bremer Financial Corp. St. Paul 1,745 1,719 1.5 7,625,136
78 First Commonwealth Financial Corp. Indiana, Pa. 1,675 1,589 5.4 6,451,938
79 Prosperity Bancshares Inc. Houston 1,634 1,397 17.0 8,844,804
80 Community Bank System Inc. De Witt, N.Y. 1,621 1,468 10.4 5,336,987
81 Eastern Bank Corp. Boston 1,619 1,509 7.3 6,834,950
82 Glacier Bancorp Inc. Kalispell, Mont. 1,594 1,525 4.5 5,638,424
83 UCBH Holdings Inc. San Francisco 1,502 1,548 -3.0 12,823,598
84 United Bankshares Inc. Charleston, W.Va. 1,502 1,568 -4.2 7,847,502
85 BancFirst Corp. Oklahoma City 1,489 1,488 0.1 4,269,325
86 WesBanco Inc. Wheeling, W.Va. 1,473 1,539 -4.3 5,739,494
87 R&G Financial Corp. Hato Rey, Puerto Rico 1,466 1,704 -14.0 6,694,421
88 Iberiabank Corp. Lafayette, La. 1,456 1,381 5.4 5,702,887
89 NBT Bancorp Inc. Norwich, N.Y. 1,456 1,322 10.1 5,417,057
90 W Holding Co. Inc. Mayaguez, Puerto Rico 1,448 1,584 -8.6 14,420,720
91 Chemical Financial Corp. Midland, Mich. 1,447 1,446 0.1 3,998,756
92 Capitol Bancorp Ltd. Lansing, Mich. 1,392 1,655 -15.9 5,725,253
93 Johnson Financial Group Inc. Racine, Wis. 1,359 1,346 1.0 6,108,855
94 MB Financial Inc. Chicago 1,348 1,368 -1.5 8,402,065
95 Pinnacle Bancorp Inc. Central City, Neb. 1,306 1,345 -2.9 5,313,323
96 Independent Bank Corp. Ionia, Mich. 1,264 1,224 3.3 2,978,295
97 SVB Financial Group Santa Clara, Calif. 1,260 1,209 4.2 11,467,115
98 East West Bancorp Inc. Pasadena, Calif. 1,253 1,374 -8.8 12,719,561
99 First Merchants Corp. Muncie, Ind. 1,241 1,156 7.4 4,716,574
100 Boston Private Financial Holdings Inc. 1,216 1,225 -0.7 7,285,212
101 Pacific Capital Bancorp Santa Barbara, Calif. 1,210 1,404 -13.8 7,312,772
102 1st Source Corp. South Bend, Ind. 1,199 1,291 -7.1 4,545,649
103 Doral GP Ltd. San Juan, Puerto Rico 1,166 2,040 -42.8 9,669,303
104 Westamerica Bancorp. San Rafael, Calif. 1,153 895 28.8 5,193,137
105 Simmons First National Corp. Pine Bluff, Ark. 1,103 1,135 -2.8 2,897,831
106 Western Alliance Bancorp. Las Vegas 1,076 963 11.7 5,701,536
107 Banner Corp. Walla Walla, Wash. 1,072 1,141 -6.0 4,532,542
108 NewAlliance Bancshares Inc. New Haven 1,071 1,114 -3.9 8,581,463
109 Amcore Financial Inc. Rockford, Ill. 1,058 1,346 -21.4 4,886,120
110 Harleysville National Corp. Pa. 1,054 840 25.5 5,210,327
111 First Financial Bancorp. Cincinnati 1,048 1,058 -0.9 3,783,353
112 Sterling Bancshares Inc. Houston 1,038 1,126 -7.8 4,914,551
113 Capital City Bank Group Inc. Tallahassee, Fla. 1,032 1,067 -3.3 2,511,258
114 Heartland Financial USA Inc. Dubuque, Iowa 1,020 1,002 1.8 3,766,731
115 Central Pacific Financial Corp. Honolulu 1,011 1,051 -3.8 5,525,287
116 Community Trust Bancorp Inc. Pikeville, Ky. 1,007 1,006 0.1 3,035,967
117 Metro Bancorp Inc. Harrisburg, Pa. 994 910 9.2 2,081,173
118 New York Private Bank and Trust Corp. 982 1,221 -19.6 15,956,752
119 First Security Bancorp Searcy, Ark. 974 892 9.2 3,007,747
120 Cathay General Bancorp El Monte, Calif. 971 1,034 -6.1 11,396,190
121 Intrust Financial Corp. Wichita 971 993 -2.2 3,529,935
122 First Mariner Bancorp Baltimore 969 1,057 -8.3 1,459,991
123 First Financial Bankshares Inc. Abilene, Texas 964 953 1.2 3,077,535
124 Provident Financial Services Inc. Jersey City 957 925 3.5 6,668,844
125 Independent Bank Corp. Rockland, Mass. 954 862 10.7 4,455,059
126 S&T Bancorp Inc. Indiana, Pa. 944 949 -0.5 4,243,876
127 MainSource Financial Group Inc. Greensburg, Ind. 934 806 15.9 2,928,661
128 Ocean Bankshares Inc. Miami 904 1,081 -16.4 4,435,870
129 Great Southern Bancorp Inc. Springfield, Mo. 883 664 33.0 3,335,788
130 Riverside Banking Co. Fort Pierce, Fla. 871 979 -11.0 3,477,129
131 PacWest Bancorp San Diego 859 881 -2.5 4,477,578
132 First National Bank Group Inc. Edinburg, Texas 838 986 -15.0 3,815,051
133 City Holding Co. Charleston, W.Va. 831 817 1.7 2,631,289
134 StellarOne Corp. Charlottesville, Va. 831 901 -7.8 3,056,915
135 First Bancorp Troy, N.C. 828 641 29.2 3,527,407
136 Renasant Corp. Tupelo, Miss. 824 912 -9.6 3,701,957
137 Metropolitan Bank Group Inc. Chicago 816 860 -5.1 3,174,725
138 Integra Bank Corp. Evansville, Ind. 812 868 -6.5 3,346,262
139 PrivateBancorp Inc. Chicago 807 712 13.3 10,989,350
140 First Busey Corp. Urbana, Ill. 797 993 -19.7 4,276,514
141 Cass Information Systems Inc. Bridgeton, Mo. 794 853 -6.9 938,558
142 BancPlus Corp. Belzoni, Miss. 789 768 2.7 2,063,937
143 Republic Bancorp Inc. Louisville 767 710 8.0 3,104,340
144 First Financial Corp. Terre Haute, Ind. 762 771 -1.2 2,354,973
145 Sun Bancorp Inc. Vineland, N.J. 762 758 0.5 3,561,110
146 W.T.B. Financial Corp. Spokane 754 740 1.9 4,068,613
147 Pinnacle Financial Partners Inc. Nashville 746 705 5.8 5,036,742
148 Valley View Bancshares Inc. Overland Park, Kan. 743 766 -3.0 3,137,229
149 West Coast Bancorp Lake Oswego, Ore. 743 820 -9.4 2,613,483
150 Green Bankshares Inc. Greeneville, Tenn. 730 795 -8.2 2,629,834

Note: Includes employees of holding companies and subsidiaries. Domestic subsidiaries of foreign holding companies were excluded. 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 October 23, 2009.

Source:

SNL Financial
, Charlottesville, Va.
© 2009 American Banker