Bank Holding Companies with the Most Employees
Published September 22, 2004, 10:08 a.m. EDT
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Updated January 02, 1970, 9:08 a.m. EST
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Bank Holding Companies with the Most Employees
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| 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