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 Sept. 30, 2007. Dollars in thousands
Published June 13, 2008

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