Bank Holding Companies with the Most Employees
June 13, 2008, 10:08 a.m. EDT 1 Min Read
View Table
Printer Friendly Version
Bank Holding Companies with the Most Employees
Bank Holding Companies with the Most EmployeesFull-time equivalent, on Sept. 30, 2007. Dollars in thousands | |||||
|---|---|---|---|---|---|
| Rank | Sept. 30 | Year earlier | Change | Assets | |
| 1 | Citigroup Inc. New York | 406,037 | 355,899 | 14.1% | $2,358,266,000 |
| 2 | Bank of America Corp. Charlotte | 197,302 | 202,198 | -2.4% | 1,582,330,249 |
| 3 | JPMorgan Chase & Co. New York | 172,871 | 164,744 | 4.9% | 1,479,575,000 |
| 4 | Wells Fargo & Co. San Francisco | 158,800 | 156,400 | 1.5% | 548,727,000 |
| 5 | Wachovia Corp. Charlotte | 109,724 | 97,060 | 13.0% | 754,168,000 |
| 6 | U.S. Bancorp Minneapolis | 51,629 | 50,102 | 3.0% | 227,628,000 |
| 7 | MetLife Inc. New York | 47,401 | 46,555 | 1.8% | 563,077,378 |
| 8 | Bank of New York Mellon Corp. | 40,600 | 23,808 | 70.5% | 184,166,000 |
| 9 | National City Corp. Cleveland | 34,240 | 33,396 | 2.5% | 154,175,761 |
| 10 | Regions Financial Corp. Birmingham, Ala. | 32,994 | 24,077 | 37.0% | 138,237,249 |
| 11 | SunTrust Banks Inc. Atlanta | 32,903 | 34,293 | -4.1% | 175,857,229 |
| 12 | BB&T Corp. Winston-Salem, N.C. | 28,886 | 29,112 | -0.8% | 130,781,281 |
| 13 | Capital One Financial Corp. McLean, Va. | 27,128 | 20,586 | 31.8% | 147,154,835 |
| 14 | State Street Corp. Boston | 26,422 | 21,496 | 22.9% | 140,085,020 |
| 15 | PNC Financial Services Group Inc. Pittsburgh | 26,125 | 25,720 | 1.6% | 131,477,883 |
| 16 | Fifth Third Bancorp Cincinnati | 20,775 | 21,301 | -2.5% | 104,265,371 |
| 17 | KeyCorp Cleveland | 18,366 | 20,161 | -8.9% | 96,829,723 |
| 18 | Marshall & Ilsley Corp. Milwaukee | 14,480 | 14,045 | 3.1% | 60,774,554 |
| 19 | Synovus Financial Corp. Columbus, Ga. | 13,772 | 13,455 | 2.4% | 33,628,448 |
| 20 | Commerce Bancorp Inc. Cherry Hill, N.J. | 13,012 | 11,717 | 11.1% | 50,164,333 |
| 21 | M&T Bank Corp. Buffalo | 12,534 | 12,814 | -2.2% | 60,008,123 |
| 22 | Popular Inc. Hato Rey, Puerto Rico | 12,181 | 12,580 | -3.2% | 47,280,000 |
| 23 | Huntington Bancshares Inc. Columbus, Ohio | 11,921 | 8,077 | 47.6% | 55,303,286 |
| 24 | First Horizon National Corp. Memphis | 11,052 | 12,324 | -10.3% | 37,479,725 |
| 25 | Zions Bancorp. Salt Lake City | 11,007 | 10,146 | 8.5% | 50,044,686 |
| 26 | Comerica Inc. Dallas | 10,683 | 10,735 | -0.5% | 60,284,675 |
| 27 | Northern Trust Corp. Chicago | 10,600 | 9,518 | 11.4% | 63,098,902 |
| 28 | Franklin Resources Inc. San Mateo, Calif. | 8,699 | 7,982 | 9.0% | 9,939,073 |
| 29 | TCF Financial Corp. Wayzata, Minn. | 6,964 | 7,382 | -5.7% | 15,607,861 |
| 30 | First National of Nebraska Inc. Omaha | 6,323 | 6,390 | -1.0% | 15,284,709 |
| 31 | Associated Banc-Corp Green Bay, Wis. | 5,156 | 5,082 | 1.5% | 20,940,007 |
| 32 | Commerce Bancshares Inc. Kansas City | 5,130 | 4,965 | 3.3% | 16,037,069 |
| 33 | Arvest Bank Group Inc. Bentonville, Ark. | 4,530 | 4,375 | 3.5% | 9,280,531 |
| 34 | Colonial BancGroup Inc. Montgomery, Ala. | 4,507 | 4,718 | -4.5% | 24,544,177 |
| 35 | First Citizens BancShares Inc. Raleigh | 4,453 | 4,415 | 0.9% | 16,320,468 |
| 36 | BancorpSouth Inc. Tupelo, Miss. | 4,280 | 4,079 | 4.9% | 13,145,047 |
| 37 | BOK Financial Corp. Tulsa | 4,223 | 3,844 | 9.9% | 19,951,889 |
| 38 | FBOP Corp. Oak Park, Ill. | 4,064 | 3,949 | 2.9% | 14,400,045 |
| 39 | Fulton Financial Corp. Lancaster, Pa. | 3,896 | 3,984 | -2.2% | 15,438,177 |
| 40 | Cullen/Frost Bankers Inc. San Antonio | 3,719 | 3,516 | 5.8% | 13,301,951 |
| 41 | International Bancshares Corp. Laredo, Tex. | 3,470 | 3,151 | 10.1% | 10,616,870 |
| 42 | Woodforest Financial Group Inc. The Woodlands, Tex. | 3,430 | 2,296 | 49.4% | 2,482,704 |
| 43 | UMB Financial Corp. Kansas City, Mo. | 3,376 | 3,456 | -2.3% | 8,020,060 |
| 44 | Webster Financial Corp. Waterbury, Conn. | 3,313 | 3,206 | 3.3% | 16,855,798 |
| 45 | First BanCorp. San Juan, Puerto Rico | 2,911 | 2,785 | 4.5% | 17,087,079 |
| 46 | City National Corp. Beverly Hills, Calif. | 2,878 | 2,672 | 7.7% | 15,556,521 |
| 47 | United National Corp. Sioux Falls, S.D. | 2,769 | 2,511 | 10.3% | 1,516,158 |
| 48 | Stifel Financial Corp. St. Louis | 2,721 | NA | NA | 1,517,826 |
| 49 | FirstMerit Corp. Akron | 2,704 | 2,769 | -2.3% | 10,413,692 |
| 50 | New York Community Bancorp Inc. Westbury | 2,656 | 2,462 | 7.9% | 30,061,047 |
| 51 | Trustmark Corp. Jackson, Miss. | 2,635 | 2,674 | -1.5% | 8,910,987 |
| 52 | Central Bancompany Inc. Jefferson City, Mo. | 2,620 | 2,309 | 13.5% | 8,185,983 |
| 53 | Wilmington Trust Corp. Del. | 2,590 | 2,520 | 2.8% | 11,295,251 |
| 54 | Bank of Hawaii Corp. Honolulu | 2,572 | 2,563 | 0.4% | 10,549,595 |
| 55 | Sterling Financial Corp. Spokane | 2,566 | 2,100 | 22.2% | 11,750,898 |
| 56 | Valley National Bancorp Wayne, N.J. | 2,535 | 2,490 | 1.8% | 12,439,474 |
| 57 | Whitney Holding Corp. New Orleans | 2,493 | 2,490 | 0.1% | 10,607,886 |
| 58 | Old National Bancorp Evansville, Ind. | 2,481 | 2,518 | -1.5% | 7,832,593 |
| 59 | South Financial Group Inc. Greenville, S.C. | 2,457 | 2,563 | -4.1% | 14,099,846 |
| 60 | First Banks Inc. Clayton, Mo. | 2,453 | 2,577 | -4.8% | 10,247,964 |
| 61 | Citizens Republic Bancorp Inc. Flint, Mich. | 2,332 | 2,070 | 12.7% | 13,238,927 |
| 62 | Susquehanna Bancshares Inc. Lititz, Pa. | 2,280 | 2,283 | -0.1% | 8,723,949 |
| 63 | First Community Bancshares Inc. Houston | 2,248 | 2,433 | -7.6% | 938,678 |
| 64 | Dickinson Financial Corp. II Kansas City, Mo. | 2,124 | 2,050 | 3.6% | 5,126,806 |
| 65 | Park National Corp. Newark, Ohio | 2,071 | 1,882 | 10.0% | 6,511,136 |
| 66 | Chittenden Corp. Burlington, Vt. | 2,045 | 1,927 | 6.1% | 6,914,792 |
| 67 | Hancock Holding Co. Gulfport, Miss. | 1,966 | 1,788 | 10.0% | 5,946,677 |
| 68 | United Community Banks Inc. Blairsville, Ga. | 1,933 | 1,774 | 9.0% | 8,180,600 |
| 69 | FirstBank Holding Co. Lakewood, Colo. | 1,919 | 1,889 | 1.6% | 8,575,272 |
| 70 | Wintrust Financial Corp. Lake Forest, Ill. | 1,910 | 1,827 | 4.5% | 9,465,114 |
| 71 | R and G Financial Corp. Hato Rey, Puerto Rico | 1,892 | 2,508 | -24.6% | 11,234,098 |
| 72 | First Midwest Bancorp Inc. Itasca, Ill. | 1,866 | 1,845 | 1.1% | 7,886,630 |
| 73 | F.N.B. Corp. Hermitage, Pa. | 1,780 | 1,765 | 0.8% | 6,124,174 |
| 74 | Alabama National BanCorp. Birmingham | 1,775 | 1,560 | 13.8% | 7,963,017 |
| 75 | Greater Bay Bancorp East Palo Alto, Calif. | 1,739 | 1,927 | -9.8% | 7,348,605 |
| 76 | Umpqua Holdings Corp. Portland, Ore. | 1,731 | 1,499 | 15.5% | 8,231,081 |
| 77 | First Interstate BancSystem Inc. Billings, Mont. | 1,646 | 1,582 | 4.0% | 5,007,570 |
| 78 | First Citizens Bancorp. Inc. Columbia, S.C. | 1,644 | 1,613 | 1.9% | 6,024,084 |
| 79 | Provident Bankshares Corp. Baltimore | 1,623 | 1,942 | -16.4% | 6,364,757 |
| 80 | First Commonwealth Financial Corp. Indiana, Pa. | 1,560 | 1,557 | 0.2% | 5,723,173 |
| 81 | W Holding Co. Inc. Mayaguez, Puerto Rico | 1,554 | 1,433 | 8.4% | 18,056,030 |
| 82 | United Bankshares Inc. Charleston, W.Va. | 1,543 | 1,375 | 12.2% | 7,685,688 |
| 83 | Capitol Bancorp Ltd. Lansing, Mich. | 1,539 | 1,286 | 19.7% | 4,652,775 |
| 84 | BancFirst Corp. Oklahoma City | 1,503 | 1,397 | 7.6% | 3,546,337 |
| 85 | Glacier Bancorp Inc. Kalispell, Mont. | 1,475 | 1,200 | 22.9% | 4,700,446 |
| 86 | East West Bancorp Inc. Pasadena, Calif. | 1,460 | 1,265 | 15.4% | 11,640,224 |
| 87 | Eastern Bank Corp. Boston | 1,456 | 1,672 | -12.9% | 6,934,376 |
| 88 | Community Bank System Inc. De Witt, N.Y. | 1,453 | 1,338 | 8.6% | 4,792,867 |
| 89 | AMCORE Financial Inc. Rockford, Ill. | 1,426 | 1,526 | -6.6% | 5,261,403 |
| 90 | Chemical Financial Corp. Midland, Mich. | 1,420 | 1,344 | 5.7% | 3,822,762 |
| 91 | Pacific Capital Bancorp Santa Barbara, Calif. | 1,381 | 1,442 | -4.2% | 7,284,381 |
| 92 | Prosperity Bancshares Inc. Houston | 1,369 | 914 | 49.8% | 6,181,419 |
| 93 | First National Bank Holding Co. Scottsdale, Ariz. | 1,354 | 1,992 | -32.0% | 4,188,746 |
| 94 | Iberiabank Corp. Lafayette, La. | 1,337 | 746 | 79.2% | 4,821,544 |
| 95 | UCBH Holdings Inc. San Francisco | 1,333 | 1,131 | 17.9% | 11,081,131 |
| 96 | MB Financial Inc. Chicago | 1,331 | 1,468 | -9.3% | 8,000,496 |
| 97 | 1st Source Corp. South Bend, Ind. | 1,320 | 1,201 | 9.9% | 4,412,453 |
| 98 | Johnson Financial Group Inc. Racine, Wis. | 1,317 | 1,227 | 7.3% | 4,640,548 |
| 99 | Plains Capital Corp. Dallas | 1,310 | 1,397 | -6.2% | 3,088,265 |
| 100 | Irwin Financial Corp. Columbus, Ind. | 1,297 | 1,376 | -5.7% | 6,185,189 |
| 101 | Doral GP Ltd. San Juan, Puerto Rico | 1,277 | NA | NA | 9,274,941 |
| 102 | Pinnacle Bancorp Inc. Central City, Neb. | 1,273 | 1,228 | 3.7% | 4,498,308 |
| 103 | NBT Bancorp Inc. Norwich, N.Y. | 1,247 | 1,312 | -5.0% | 5,151,072 |
| 104 | New York Private Bank and Trust Corp. | 1,228 | 1,195 | 2.8% | 14,902,635 |
| 105 | Independent Bank Corp. Ionia, Mich. | 1,225 | 1,219 | 0.5% | 3,257,359 |
| 106 | National Penn Bancshares Inc. Boyertown, Pa. | 1,186 | 1,198 | -1.0% | 5,763,931 |
| 107 | WesBanco Inc. Wheeling, W.Va. | 1,177 | 1,191 | -1.2% | 3,960,608 |
| 108 | Boston Private Financial Holdings Inc. | 1,147 | 1,023 | 12.1% | 6,598,183 |
| 109 | Simmons First National Corp. Pine Bluff, Ark. | 1,131 | 1,121 | 0.9% | 2,721,687 |
| 110 | SVB Financial Group Santa Clara, Calif. | 1,128 | 1,120 | 0.7% | 6,065,202 |
| 111 | Banner Corp. Walla Walla, Wash. | 1,126 | 876 | 28.5% | 4,300,361 |
| 112 | First Charter Corp. Charlotte | 1,122 | 1,101 | 1.9% | 4,839,806 |
| 113 | NewAlliance Bancshares Inc. New Haven, Conn. | 1,118 | 1,022 | 9.4% | 8,204,132 |
| 114 | First Merchants Corp. Muncie, Ind. | 1,106 | 773 | 43.1% | 3,754,300 |
| 115 | First Financial Bancorp. Cincinnati | 1,078 | 1,226 | -12.1% | 3,329,156 |
| 116 | Ocean Bankshares Inc. Miami | 1,076 | 1,023 | 5.2% | 5,853,021 |
| 117 | Capital City Bank Group Inc. Tallahassee | 1,061 | 1,058 | 0.3% | 2,430,121 |
| 118 | First National Bank Group Inc. Edinburg, Tex. | 1,057 | 896 | 18.0% | 4,123,004 |
| 119 | First Busey Corp. Urbana, Ill. | 1,049 | 637 | 64.7% | 4,288,150 |
| 120 | Sterling Bancshares Inc. Houston | 1,039 | 1,068 | -2.7% | 4,442,999 |
| 121 | Cathay General Bancorp Los Angeles | 1,026 | 959 | 7.0% | 9,633,040 |
| 122 | Central Pacific Financial Corp. Honolulu | 1,001 | 959 | 4.4% | 5,647,624 |
| 123 | Community Trust Bancorp Inc. Pikeville, Ky. | 999 | 1,006 | -0.7% | 2,929,142 |
| 124 | Riverside Banking Co. Fort Pierce, Fla. | 997 | 1,084 | -8.0% | 4,800,342 |
| 125 | Sterling Financial Corp. Lancaster, Pa. | 996 | 1,042 | -4.4% | 3,252,530 |
| 126 | Western Alliance Bancorp. Las Vegas | 987 | 766 | 28.9% | 5,003,432 |
| 127 | Marquette Financial Cos. Minneapolis | 981 | 947 | 3.6% | 2,939,210 |
| 128 | Heartland Financial USA Inc. Dubuque, Iowa | 973 | 953 | 2.1% | 3,202,455 |
| 129 | Intrust Financial Corp. Wichita | 971 | 943 | 3.0% | 3,350,279 |
| 130 | Community Banks Inc. Harrisburg, Pa. | 971 | 952 | 2.0% | 3,789,634 |
| 131 | First Financial Bankshares Inc. Abilene, Tex. | 958 | 964 | -0.6% | 2,894,491 |
| 132 | Provident Financial Services Inc. Jersey City, N.J. | 946 | 874 | 8.2% | 6,249,864 |
| 133 | First Mariner Bancorp Baltimore | 944 | 865 | 9.1% | 1,246,934 |
| 134 | First Security Bancorp Searcy, Ark. | 925 | 898 | 3.0% | 2,296,146 |
| 135 | Commercebank Holding Corp. Coral Gables, Fla. | 914 | 785 | 16.4% | 5,975,269 |
| 136 | Renasant Corp. Tupelo, Miss. | 901 | 837 | 7.6% | 3,584,519 |
| 137 | First State Bancorp. Albuquerque | 890 | 837 | 6.3% | 3,337,276 |
| 138 | First Community Bancorp San Diego, Calif. | 888 | 833 | 6.6% | 5,088,778 |
| 139 | Westamerica Bancorp. San Rafael, Calif. | 875 | 894 | -2.1% | 4,659,019 |
| 140 | Columbia Banking System Inc. Tacoma, Wash. | 858 | 657 | 30.6% | 3,122,997 |
| 141 | Integra Bank Corp. Evansville, Ind. | 834 | 797 | 4.6% | 3,317,320 |
| 142 | Great Western Bancorp. Inc. Omaha | 819 | 873 | -6.2% | 3,465,926 |
| 143 | West Coast Bancorp Lake Oswego, Ore. | 817 | 776 | 5.3% | 2,647,611 |
| 144 | Metropolitan Bank Group Inc. Chicago, Ill. | 817 | 766 | 6.7% | 3,061,024 |
| 145 | Cass Information Systems Inc. Bridgeton, Mo. | 810 | 761 | 6.4% | 933,160 |
| 146 | City Holding Co. Charleston, W.Va. | 808 | 767 | 5.3% | 2,491,819 |
| 147 | Sturm Financial Group Inc. Denver, Colo. | 803 | 775 | 3.6% | 2,155,691 |
| 148 | S&T Bancorp Inc. Indiana, Pa. | 800 | 804 | -0.5% | 3,348,573 |
| 149 | MainSource Financial Group Inc. Greensburg, Ind. | 800 | 803 | -0.4% | 2,513,930 |
| 150 | Pennsylvania Commerce Bancorp Inc. Harrisburg | 794 | 778 | 2.1% | 2,015,883 |
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.
Source: SNL Financial, Charlottesville, Va.
© 2008 American Banker