Bank Holding Companies with the Most Employees

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Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most Employees
Full-time equivalent, on March 31, 2004. Dollars in thousands
Published September 22, 2004
Rank   March 31, 2004 Year earlier Change Assets
1 Citigroup Inc. New York 293,923 262,059 12.16% $1,317,591,000
2 Wells Fargo & Co. San Francisco 139,900 131,600 6.31 397,354,000
3 Bank of America Corp. Charlotte 134,734 132,583 1.62 819,841,647
4 J.P. Morgan Chase & Co. New York 93,285 93,878 -0.63 801,078,000
5 Wachovia Corp. Charlotte 85,460 79,555 7.42 410,991,000
6 Bank One Corp. Chicago 66,592 69,318 -3.93 319,590,000
7 MetLife Inc. New York 50,265 47,407 6.03 337,213,871
8 FleetBoston Financial Corp. 48,146 50,344 -4.37 199,790,000
9 U.S. Bancorp Minneapolis 47,708 51,601 -7.54 192,093,000
10 Countrywide Financial Corp. Calabasas, Calif. 35,744 31,539 13.33 100,267,575
11 National City Corp. Cleveland 33,339 32,826 1.56 111,355,060
12 SunTrust Banks Inc. Atlanta 27,802 27,311 1.80 125,244,501
13 MBNA Corp. Wilmington, Del. 27,670 25,824 7.15 61,127,881
14 BB&T Corp. Winston-Salem, N.C. 26,575 22,816 16.48 94,281,503
15 PNC Financial Services Group Pittsburgh 24,575 24,128 1.85 74,123,297
16 Bank of New York Co. Inc. 22,820 19,491 17.08 92,702,844
17 Mellon Financial Corp. Pittsburgh 21,367 23,519 -9.15 33,969,738
18 State Street Corp. Boston 19,940 22,028 -9.48 92,895,673
19 KeyCorp Cleveland 19,581 20,221 -3.17 84,023,602
20 Fifth Third Bancorp Cincinnati 18,583 19,573 -5.06 93,732,210
21 Charles Schwab Corp. San Francisco 16,930 16,469 2.80 46,284,135
22 Regions Financial Corp Birmingham, Ala. 16,258 16,040 1.36 48,933,144
23 Royal Bank of Scotland Group Edinburgh 14,191 13,745 3.24 80,556,722
24 ABM Amro Amsterdam 13,223 13,365 -1.06 110,474,737
25 M&T Bank Corp. Buffalo 13,146 8,751 50.22 50,832,480
26 HSBC Holdings PLC London 12,816 14,577 -12.08 103,986,358
27 AmSouth Bancorp. Birmingham, Ala. 12,486 11,724 6.50 47,449,290
28 SouthTrust Corp. Birmingham, Ala. 12,407 12,950 -4.19 52,867,510
29 First Tennessee National Corp. Memphis 11,574 10,985 5.36 27,085,546
30 Synovus Financial Corp. Columbus, Ga. 11,559 11,247 2.77 22,292,951
31 Popular Inc. San Juan, Puerto Rico 11,457 11,147 2.78 38,088,000
32 Marshall & Ilsley Corp. Milwaukee 11,333 11,403 -0.61 35,506,596
33 Comerica Inc. Detroit 11,237 11,477 -2.09 54,771,586
34 Union Planters Corp. Memphis 10,334 10,786 -4.19 31,516,681
35 Mitsubishi Tokyo Financial Group Tokyo 10,174 9,459 7.56 51,437,170
36 Commerce Bancorp Inc. Cherry Hill, N.J. 8,679 7,312 18.70 24,970,141
37 Northern Trust Corp. Chicago 7,994 9,336 -14.37 40,178,901
38 Zions Bancorp. Salt Lake City 7,943 7,914 0.37 29,789,703
39 Huntington Bancshares Inc. Columbus, Ohio 7,915 8,134 -2.69 31,214,021
40 Charter One Financial Inc. Cleveland 7,843 7,198 8.96 41,354,245
41 Compass Bancshares Birmingham, Ala. 7,653 7,303 4.79 27,521,222
42 BNP Paribas Paris 7,436 7,672 -3.08 39,422,356
43 TCF Financial Corp. Wayzata, Minn. 6,982 6,750 3.44 11,836,834
44 Banknorth Group Inc. Portland, Maine 6,739 6,818 -1.16 26,883,941
45 Franklin Resources Inc. San Mateo, Calif. 6,337 6,619 -4.26 7,852,538
46 Royal Bank of Canada Montreal 6,055 6,280 -3.58 20,207,944
47 Bank of Montreal Montreal 5,412 5,769 -6.19 32,897,600
48 National Commerce Financial Corp. Memphis 5,403 5,564 -2.89 23,034,758
49 Hibernia Corp. New Orleans 5,374 5,544 -3.07 18,716,765
50 Commerce Bancshares Inc. Kansas City, Mo. 4,847 5,013 -3.31 14,501,934
51 GreenPoint Financial Corp. New York 4,678 4,732 -1.14 23,842,795
52 First Citizens Bancshares Raleigh 4,622 4,612 0.22 12,706,955
53 Arvest Bank Group Inc. Bentonville, Ark. 4,176 3,120 33.85 7,056,067
54 Colonial BancGroup Inc. Montgomery, Ala. 4,056 3,773 7.50 16,512,208
55 Associated Banc-Corp Green Bay, Wis. 3,975 4,037 -1.54 15,541,210
56 BancorpSouth Inc. Tupelo, Miss. 3,960 3,800 4.21 10,582,977
57 FBOP Corp. Oak Park, Ill. 3,839 3,204 19.82 11,791,118
58 UMB Financial Corp. Kansas City, Mo. 3,705 4,007 -7.54 6,861,265
59 Mercantile Bankshares Corp. Baltimore 3,575 2,939 21.64 14,142,382
60 Sky Financial Group Inc. Bowling Green, Ohio 3,545 3,166 11.97 12,093,391
61 BOK Financial Corp. Tulsa, Okla. 3,463 3,414 1.44 13,800,316
62 Irwin Financial Corp. Columbus, Ind. 3,348 3,459 -3.21 5,121,766
63 Cullen/Frost Bankers Inc. San Antonio 3,256 3,176 2.52 10,060,189
64 Provident Financial Group Cincinnati 3,237 3,333 -2.88 16,844,033
65 FirstMerit Corp. Akron 3,160 3,142 0.57 10,450,679
66 North Fork Bancorp. Melville, N.Y. 2,988 2,844 5.06 21,974,933
67 Old National Bancorp Evansville, Ind. 2,936 2,895 1.42 9,259,872
68 Fulton Financial Corp. Lancaster, Pa. 2,911 2,847 2.25 9,616,006
69 People's Mutual Holdings Bridgeport, Conn. 2,718 3,469 -21.65 10,696,431
70 Bank of Hawaii Corp. Honolulu 2,703 2,891 -6.50 10,019,733
71 Deutsche Bank Frankfurt 2,643 2,916 -9.36 34,688,646
72 R&G Financial Corp. San Juan, Puerto Rico 2,490 2,140 16.36 8,584,177
73 Investors Financial Services Boston 2,443 2,512 -2.75 10,100,317
74 Doral Financial Corp. San Juan, Puerto Rico 2,439 2,121 14.99 12,076,555
75 Trustmark Corp. Jackson, Miss. 2,425 2,283 6.22 8,090,463
76 Greater Bay Bancorp Palo Alto, Calif. 2,376 1,712 38.79 7,652,444
77 City National Corp. Beverly Hills 2,341 2,250 4.04 13,222,357
78 Wilmington Trust Corp. Wilmington, Del. 2,340 2,342 -0.09 9,202,797
79 Whitney Holding Corp. New Orleans 2,309 2,325 -0.69 7,857,110
80 Citizens Banking Corp. Flint, Mich. 2,302 2,415 -4.68 7,691,647
81 Valley National Bancorp Wayne, N.J. 2,287 2,285 0.09 10,139,088
82 Central Bancompany Jefferson City, Mo. 2,130 2,148 -0.84 6,307,590
83 Community First Bankshares Fargo, N.D. 2,125 2,171 -2.12 5,466,821
84 First Bancorp San Juan, Puerto Rico 2,046 1,859 10.06 13,347,462
85 First Banks Inc. St. Louis 1,986 2,028 -2.07 7,341,796
86 International Bancshares Corp. Laredo, Tex. 1,983 1,917 3.44 6,587,572
87 New York Community Bancorp Inc. Westbury 1,962 1,455 34.85 26,495,880
88 United National Corp. Sioux Falls, S.D. 1,961 2,109 -7.02 1,019,156
89 Chittenden Corp. Burlington, Vt. 1,935 2,041 -5.19 5,807,632
90 South Financial Group Greenville, S.C. 1,934 1,646 17.50 10,858,102
91 Susquehanna Bancshares Inc. Lititz, Pa. 1,894 1,749 8.29 6,049,768
92 Southwest Bancorp of Texas Houston 1,839 1,528 20.35 6,110,953
93 Hudson United Bancorp Mahwah, N.J. 1,833 1,879 -2.45 7,978,382
94 First Community Bancshares Inc. Houston 1,827 1,195 52.89 696,298
95 FirstBank Holding Co. Lakewood, Colo. 1,785 1,797 -0.67 6,978,304
96 Hancock Holding Co. Gulfport, Miss. 1,717 1,747 -1.72 4,365,666
97 Dickinson Financial Corp II Kansas City, Mo. 1,690 1,634 3.43 3,278,175
98 Texas Regional Bancshares McAllen 1,674 1,204 39.04 5,453,371
99 Park National Corp. Newark, Ohio 1,657 1,617 2.47 4,995,957
100 First Midwest Bancorp Inc. Itasca, Ill. 1,632 1,526 6.95 6,851,856
101 First Financial Bancorp Hamilton, Ohio 1,610 1,632 -1.35 3,918,625
102 Provident Bankshares Corp. Baltimore 1,601 1,625 -1.48 5,269,548
103 F.N.B. Corp. Naples, Fla. 1,585 3,005 -47.25 4,635,436
104 United Bankshares Inc. Charleston, W.Va. 1,549 1,500 3.27 6,430,653
105 First National Bank Holding Scottsdale, Ariz. 1,542 1,068 44.38 2,108,186
106 First Citizens Bancorp Inc. Columbia, S.C. 1,533 1,529 0.26 4,412,106
107 Amcore Financial Inc. Rockford, Ill. 1,500 1,417 5.86 4,621,274
108 Banco Santander S.A. Spain 1,489 1,511 -1.46 7,323,176
109 Alabama National Bancorp Birmingham 1,465 1,224 19.69 4,835,703
110 First Commonwealth Financial Corp. Indiana, Pa. 1,460 1,433 1.88 5,226,593
111 Chemical Financial Corp. Midland, Mich. 1,446 1,438 0.56 3,910,572
112 First Interstate BancSystem Billings, Mont. 1,430 1,639 -12.75 3,882,465
113 BancFirst Corp. Oklahoma City 1,385 1,347 2.82 3,051,011
114 Riggs National Corp. Washington 1,377 1,471 -6.39 6,163,871
115 Pacific Capital Bancorp Santa Barbara, Calif. 1,363 1,218 11.90 5,629,675
116 United Community Banks Inc. Blairsville Ga. 1,320 1,084 21.77 4,118,188
117 Eastern Bank Corp. Boston 1,315 1,084 21.31 4,718,066
118 First National Bankshares of Fla. Naples 1,314 NA NA 3,998,528
119 NBT Bancorp Inc. Norwich, N.Y. 1,312 1,217 7.81 4,016,733
120 ESB Acquisition Corp. New York 1,311 NA NA 9,924,857
121 Community Bank System Inc. Dewitt, N.Y. 1,244 1,110 12.07 3,823,345
122 1st Source Corp. South Bend, Ind. 1,233 1,272 -3.07 3,223,962
123 Banco Bilbao Vizcaya Argenta Spain 1,168 1,216 -3.95 5,289,263
124 Republic Bancorp Inc. Owosso, Mich. 1,164 1,213 -4.04 5,550,459
125 Woodforest Financial Group Inc. The Woodlands, Tex. 1,152 995 15.78 1,417,996
126 First Merchants Corp. Muncie, Ind. 1,135 1,187 -4.38 3,025,141
127 W Holding Co. Inc. Mayaguez, Puerto Rico 1,133 1,075 5.40 12,145,941
128 WesBanco Inc. Wheeling, W.Va. 1,133 1,137 -0.35 3,376,512
129 Independent Bank Corp. Ionia, Mich. 1,112 1,049 6.01 2,411,405
130 Pinnacle Bancorp Inc. Central City, Neb. 1,104 1,184 -6.76 3,377,353
131 Simmons First National Corp. Pine Bluff, Ark. 1,086 973 11.61 2,394,862
132 Sterling Bancshares Inc. Houston 1,044 1,038 0.58 3,165,883
133 First Charter Corp. Charlotte 1,025 966 6.11 4,247,976
134 Johnson Financial Group Inc. Racine, Wis. 1,011 874 15.68 3,065,188
135 Westamerica Bancorp San Rafael, Calif. 997 1,041 -4.23 4,426,243
136 Umpqua Holdings Corp. Portland, Ore. 987 995 -0.80 2,997,038
137 Wintrust Financial Corp Lake Forest, Ill. 985 829 18.82 4,962,773
138 Intrust Financial Corp. Wichita 979 971 0.82 2,690,111
139 Silicon Valley Bancshares Santa Clara, Calif. 969 985 -1.62 4,485,096
140 MB Financial Inc. Chicago 961 1,012 -5.04 4,432,980
141 National Penn Bancshares Boyertown, Pa. 943 995 -5.23 3,569,464
142 Ocean Bankshares Inc. Miami 936 929 0.75 4,374,402
143 Community Trust Bancorp Inc. Pikeville, Ky. 915 884 3.51 2,460,433
144 Riverside Banking Co. Fort Pierce, Fla. 912 810 12.59 2,008,348
145 Capital City Bank Group Inc. Tallahassee 889 782 13.68 1,957,106
146 Integra Bank Corp. Evansville, Ind. 874 899 -2.78 2,648,729
147 CIB Marine Bancshares Inc. Pewaukee, Wis. 869 872 -0.34 3,136,430
148 Seacoast Financial Services Corp. New Bedford, Mass. 851 745 14.23 4,452,865
149 Sterling Financial Corp. Lancaster, Pa. 842 737 14.25 2,333,269
150 Local Financial Corp. Oklahoma City 834 835 -0.12 2,867,331

Note: Includes employees of holding company and subsidiaries. For foreign holding companies, numbers are for U.S. only. Data from consolidated Y-9C reports filed with the Federal Reserve

Source: Highline Banking Data Services (877-299-9424)
© 2004 American Banker