Bank Holding Companies with the Most Employees
February 20, 2009, 10:08 a.m. EST 1 Min Read
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Bank Holding Companies with the Most Employees
Bank Holding Companies with the Most EmployeesFull-time equivalent, on Sept. 30, 2008. Dollars in thousands | |||||
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Rank | | | Change | Assets | |
1 | Citigroup Inc. New York | 371,219 | 406,037 | -8.6% | $2,050,131,000 |
2 | Bank of America Corp. Charlotte | 247,024 | 197,302 | 25.2 | 1,836,452,425 |
3 | JPMorgan Chase & Co. New York | 221,698 | 172,871 | 28.2 | 2,251,469,000 |
4 | Wells Fargo & Co. San Francisco | 159,000 | 158,800 | 0.1 | 622,361,000 |
5 | MetLife Inc. New York | 55,379 | 47,401 | 16.8 | 521,298,319 |
6 | U.S. Bancorp Minneapolis | 54,222 | 51,629 | 5.0 | 247,055,000 |
7 | Bank of New York Mellon Corp. | 43,200 | 40,600 | 6.4 | 267,636,000 |
8 | Regions Financial Corp. Birmingham, Ala. | 30,673 | 32,994 | -7.0 | 144,294,958 |
9 | BB&T Corp. Winston-Salem, N.C. | 29,818 | 28,886 | 3.2 | 137,040,900 |
10 | SunTrust Banks Inc. Atlanta | 29,447 | 32,903 | -10.5 | 174,776,760 |
11 | State Street Corp. Boston | 28,950 | 26,422 | 9.6 | 286,712,268 |
12 | PNC Financial Services Group Inc. Pittsburgh | 27,663 | 26,125 | 5.9 | 145,644,536 |
13 | Capital One Financial Corp. McLean, Va. | 23,453 | 27,128 | -13.5 | 154,803,113 |
14 | Fifth Third Bancorp Cincinnati | 21,521 | 20,775 | 3.6 | 116,294,077 |
15 | KeyCorp Cleveland | 17,936 | 18,366 | -2.3 | 101,494,797 |
16 | Northern Trust Corp. Chicago | 12,124 | 10,600 | 14.4 | 79,243,977 |
17 | Popular Inc. Hato Rey, Puerto Rico | 11,042 | 12,181 | -9.4 | 40,390,000 |
18 | Zions Bancorp. Salt Lake City | 10,971 | 11,007 | -0.3 | 54,042,757 |
19 | Huntington Bancshares Inc. Columbus, Ohio | 10,890 | 11,921 | -8.6 | 54,669,893 |
20 | Comerica Inc. Dallas | 10,347 | 10,683 | -3.1 | 65,710,366 |
21 | Marshall & Ilsley Corp. Milwaukee | 9,457 | 14,480 | -34.7 | 63,517,959 |
22 | Franklin Resources Inc. San Mateo, Calif. | 8,809 | 8,699 | 1.3 | 9,184,771 |
23 | TCF Financial Corp. Wayzata, Minn. | 6,759 | 6,964 | -2.9 | 16,541,975 |
24 | Synovus Financial Corp. Columbus, Ga. | 6,738 | 13,772 | -51.1 | 34,339,141 |
25 | First Horizon National Corp. Memphis | 6,091 | 11,052 | -44.9 | 32,805,263 |
26 | Commerce Bancshares Inc. Kansas City, Mo. | 5,244 | 5,130 | 2.2 | 16,961,900 |
27 | Associated Banc-Corp Green Bay, Wis. | 5,117 | 5,156 | -0.8 | 22,488,541 |
28 | Arvest Bank Group Inc. Bentonville, Ark. | 4,821 | 4,530 | 6.4 | 9,843,410 |
29 | Colonial BancGroup Inc. Montgomery, Ala. | 4,706 | 4,507 | 4.4 | 26,262,575 |
30 | Woodforest Financial Group Inc. The Woodlands, Tex. | 4,622 | 3,430 | 34.8 | 2,802,164 |
31 | First Citizens BancShares Inc. Raleigh | 4,598 | 4,453 | 3.3 | 16,665,605 |
32 | BancorpSouth Inc. Tupelo, Miss. | 4,514 | 4,280 | 5.5 | 13,303,986 |
33 | BOK Financial Corp. Tulsa | 4,300 | 4,223 | 1.8 | 22,477,815 |
34 | FBOP Corp. Oak Park, Ill. | 4,143 | 4,064 | 1.9 | 17,479,243 |
35 | Cullen/Frost Bankers Inc. San Antonio | 3,835 | 3,719 | 3.1 | 14,145,451 |
36 | International Bancshares Corp. Laredo, Tex. | 3,660 | 3,470 | 5.5 | 11,544,396 |
37 | Fulton Financial Corp. Lancaster, Pa. | 3,626 | 3,896 | -6.9 | 16,136,145 |
38 | UMB Financial Corp. Kansas City, Mo. | 3,296 | 3,376 | -2.4 | 9,337,341 |
39 | Stifel Financial Corp. St. Louis | 3,038 | 2,721 | 11.7 | 2,040,569 |
40 | City National Corp. Beverly Hills | 3,027 | 2,878 | 5.2 | 16,335,088 |
41 | Susquehanna Bancshares Inc. Lititz, Pa. | 3,026 | 2,280 | 32.7 | 13,636,287 |
42 | Webster Financial Corp. Waterbury, Conn. | 2,957 | 3,313 | -10.7 | 17,523,422 |
43 | Wilmington Trust Corp. Del. | 2,925 | 2,590 | 12.9 | 12,386,648 |
44 | First BanCorp. San Juan, Puerto Rico | 2,867 | 2,911 | -1.5 | 19,304,440 |
45 | New York Community Bancorp Inc. Westbury | 2,768 | 2,656 | 4.2 | 32,161,610 |
46 | Valley National Bancorp Wayne, N.J. | 2,756 | 2,535 | 8.7 | 14,288,151 |
47 | Trustmark Corp. Jackson, Miss. | 2,623 | 2,635 | -0.5 | 9,086,273 |
48 | FirstMerit Corp. Akron | 2,614 | 2,704 | -3.3 | 10,687,065 |
49 | United National Corp. Sioux Falls, S.D. | 2,607 | 2,769 | -5.9 | 1,503,674 |
50 | Bank of Hawaii Corp. Honolulu | 2,573 | 2,572 | 0.0 | 10,335,046 |
51 | Central Banco. Inc. Jefferson City, Mo. | 2,553 | 2,620 | -2.6 | 8,604,306 |
52 | South Financial Group Inc. Greenville, S.C. | 2,535 | 2,457 | 3.2 | 13,696,595 |
53 | Sterling Financial Corp. Spokane | 2,523 | 2,566 | -1.7 | 12,608,511 |
54 | Old National Bancorp Evansville, Ind. | 2,489 | 2,481 | 0.3 | 7,568,633 |
55 | Whitney Holding Corp. New Orleans | 2,446 | 2,493 | -1.9 | 10,992,070 |
56 | F.N.B. Corp. Hermitage, Pa. | 2,386 | 1,780 | 34.0 | 8,457,351 |
57 | First Community Bancshares Inc. Houston | 2,350 | 2,248 | 4.5 | 993,270 |
58 | First Banks Inc. Clayton, Mo. | 2,302 | 2,453 | -6.2 | 10,815,464 |
59 | Citizens Republic Bancorp Inc. Flint, Mich. | 2,261 | 2,332 | -3.0 | 13,129,814 |
60 | Dickinson Financial Corp. II Kansas City, Mo. | 2,259 | 2,124 | 6.4 | 5,602,028 |
61 | Park National Corp. Newark, Ohio | 2,058 | 2,071 | -0.6 | 6,799,733 |
62 | Wintrust Financial Corp. Lake Forest, Ill. | 2,026 | 1,910 | 6.1 | 9,864,920 |
63 | United Community Banks Inc. Blairsville, Ga. | 1,950 | 1,933 | 0.9 | 8,072,543 |
64 | Hancock Holding Co. Gulfport, Miss. | 1,941 | 1,966 | -1.3 | 6,775,675 |
65 | FirstBank Holding Co. Lakewood, Colo. | 1,910 | 1,919 | -0.5 | 9,319,932 |
66 | First Interstate BancSystem Inc. Billings, Mont. | 1,868 | 1,646 | 13.5 | 6,506,029 |
67 | National Penn Bancshares Inc. Boyertown, Pa. | 1,805 | 1,186 | 52.2 | 9,316,795 |
68 | First Midwest Bancorp Inc. Itasca, Ill. | 1,792 | 1,866 | -4.0 | 8,252,827 |
69 | Bremer Financial Corp. St. Paul | 1,724 | 1,693 | 1.8 | 7,633,014 |
70 | First Citizens Bancorp. Inc. Columbia, S.C. | 1,705 | 1,644 | 3.7 | 6,423,719 |
71 | Umpqua Holdings Corp. Portland, Ore. | 1,690 | 1,731 | -2.4 | 8,335,128 |
72 | R&G Financial Corp. Hato Rey, Puerto Rico | 1,660 | 1,892 | -12.3 | 7,703,698 |
73 | Provident Bankshares Corp. Baltimore | 1,652 | 1,623 | 1.8 | 6,412,325 |
74 | Eastern Bank Corp. Boston | 1,645 | 1,456 | 13.0 | 6,807,050 |
75 | Capitol Bancorp Ltd. Lansing, Mich. | 1,639 | 1,539 | 6.5 | 5,425,034 |
76 | Plains Capital Corp. Dallas | 1,598 | 1,310 | 22.0 | 3,367,099 |
77 | First Commonwealth Financial Corp. Indiana, Pa. | 1,587 | 1,560 | 1.7 | 6,208,093 |
78 | UCBH Holdings Inc. San Francisco | 1,548 | 1,333 | 16.1 | 13,044,255 |
79 | United Bankshares Inc. Charleston, W.Va. | 1,544 | 1,543 | 0.1 | 8,095,553 |
80 | Glacier Bancorp Inc. Kalispell, Mont. | 1,538 | 1,475 | 4.3 | 5,173,109 |
81 | WesBanco Inc. Wheeling, W.Va. | 1,519 | 1,177 | 29.1 | 5,149,937 |
82 | Community Bank System Inc. De Witt, N.Y. | 1,508 | 1,453 | 3.8 | 4,766,519 |
83 | Doral GP Ltd. San Juan, Puerto Rico | 1,479 | 1,277 | 15.8 | 9,906,543 |
W Holding Co. Inc. Mayaguez, Puerto Rico | 1,479 | 1,554 | -4.8 | 16,849,335 | |
85 | Iberiabank Corp. Lafayette, La. | 1,459 | 1,337 | 9.1 | 5,351,552 |
86 | BancFirst Corp. Oklahoma City | 1,433 | 1,503 | -4.7 | 3,825,517 |
87 | Pinnacle Bancorp Inc. Central City, Neb. | 1,421 | 1,273 | 11.6 | 5,059,039 |
88 | Chemical Financial Corp. Midland, Mich. | 1,396 | 1,420 | -1.7 | 3,788,086 |
89 | Pacific Capital Bancorp Santa Barbara, Calif. | 1,393 | 1,381 | 0.9 | 7,687,048 |
90 | MB Financial Inc. Chicago | 1,383 | 1,331 | 3.9 | 8,358,609 |
91 | NBT Bancorp Inc. Norwich, N.Y. | 1,368 | 1,247 | 9.7 | 5,335,158 |
92 | Prosperity Bancshares Inc. Houston | 1,365 | 1,369 | -0.3 | 6,797,831 |
93 | Johnson Financial Group Inc. Racine, Wis. | 1,350 | 1,317 | 2.5 | 5,704,546 |
94 | East West Bancorp Inc. Pasadena, Calif. | 1,307 | 1,460 | -10.5 | 11,722,296 |
95 | 1st Source Corp. South Bend, Ind. | 1,254 | 1,320 | -5.0 | 4,409,619 |
96 | Amcore Financial Inc. Rockford, Ill. | 1,251 | 1,426 | -12.3 | 5,028,211 |
97 | Boston Private Financial Holdings Inc. | 1,247 | 1,147 | 8.7 | 7,068,239 |
98 | SVB Financial Group Santa Clara, Calif. | 1,237 | 1,128 | 9.7 | 7,750,748 |
99 | New York Private Bank and Trust Corp. | 1,209 | 1,228 | -1.5 | 13,692,504 |
100 | Independent Bank Corp. Ionia, Mich. | 1,202 | 1,225 | -1.9 | 3,141,097 |
101 | First Merchants Corp. Muncie, Ind. | 1,150 | 1,106 | 4.0 | 3,864,074 |
102 | Simmons First National Corp. Pine Bluff, Ark. | 1,125 | 1,131 | -0.5 | 2,860,192 |
103 | Banner Corp. Walla Walla, Wash. | 1,119 | 1,126 | -0.6 | 4,650,259 |
Sterling Bancshares Inc. Houston | 1,119 | 1,039 | 7.7 | 4,952,198 | |
105 | Irwin Financial Corp. Columbus, Ind. | 1,118 | 1,297 | -13.8 | 5,259,458 |
NewAlliance Bancshares Inc. New Haven | 1,118 | 1,118 | 0.0 | 8,265,828 | |
107 | Central Pacific Financial Corp. Honolulu | 1,052 | 1,001 | 5.1 | 5,504,304 |
First Financial Bancorp. Cincinnati | 1,052 | 1,078 | -2.4 | 3,511,676 | |
Ocean Bankshares Inc. Miami | 1,052 | 1,076 | -2.2 | 4,459,063 | |
110 | Capital City Bank Group Inc. Tallahassee, Fla. | 1,043 | 1,061 | -1.7 | 2,442,813 |
111 | Western Alliance Bancorp. Las Vegas | 1,032 | 987 | 4.6 | 5,228,970 |
112 | First Mariner Bancorp Baltimore | 1,019 | 944 | 7.9 | 1,276,434 |
113 | Cathay General Bancorp Los Angeles | 1,015 | 1,026 | -1.1 | 11,050,293 |
114 | Community Trust Bancorp Inc. Pikeville, Ky. | 991 | 999 | -0.8 | 2,908,928 |
115 | First National Bank Group Inc. Edinburg, Tex. | 987 | 1,057 | -6.6 | 4,270,906 |
116 | First Busey Corp. Urbana, Ill. | 983 | 1,049 | -6.3 | 4,339,219 |
117 | Intrust Financial Corp. Wichita | 979 | 971 | 0.8 | 3,447,518 |
118 | First Financial Bankshares Inc. Abilene, Tex. | 972 | 958 | 1.5 | 3,148,588 |
119 | S&T Bancorp Inc. Indiana, Pa. | 946 | 800 | 18.3 | 4,461,085 |
120 | Pennsylvania Commerce Bancorp Inc. Harrisburg | 928 | 794 | 16.9 | 2,125,730 |
Provident Financial Services Inc. Jersey City | 928 | 946 | -1.9 | 6,451,105 | |
122 | First Security Bancorp Searcy, Ark. | 927 | 925 | 0.2 | 2,591,646 |
123 | Riverside Banking Co. Fort Pierce, Fla. | 922 | 997 | -7.5 | 3,998,779 |
124 | Marquette Financial Cos. Minneapolis | 916 | 981 | -6.6 | 2,892,829 |
125 | Westamerica Bancorp. San Rafael, Calif. | 898 | 875 | 2.6 | 4,089,981 |
126 | Metropolitan Bank Group Inc. Chicago | 893 | 817 | 9.3 | 3,137,051 |
127 | Renasant Corp. Tupelo, Miss. | 877 | 901 | -2.7 | 3,725,209 |
128 | MainSource Financial Group Inc. Greensburg, Ind. | 871 | 800 | 8.9 | 2,867,149 |
129 | PacWest Bancorp San Diego | 869 | 888 | -2.1 | 4,364,506 |
130 | Independent Bank Corp. Rockland, Mass. | 865 | 752 | 15.0 | 3,477,235 |
131 | First State Bancorp. Albuquerque | 860 | 890 | -3.4 | 3,469,420 |
132 | Integra Bank Corp. Evansville, Ind. | 849 | 834 | 1.8 | 3,356,842 |
133 | StellarOne Corp. Charlottesville, Va. | 841 | 512 | 64.3 | 2,986,054 |
134 | Cass Information Systems Inc. Bridgeton, Mo. | 832 | 810 | 2.7 | 956,979 |
135 | Heartland Financial USA Inc. Dubuque, Iowa | 830 | 973 | -14.7 | 3,445,982 |
136 | West Coast Bancorp Lake Oswego, Ore. | 829 | 817 | 1.5 | 2,573,046 |
137 | Frontier Financial Corp. Everett, Wash. | 828 | 769 | 7.7 | 4,244,963 |
138 | City Holding Co. Charleston, W.Va. | 812 | 808 | 0.5 | 2,465,525 |
139 | Harleysville National Corp. Pa. | 794 | 748 | 6.1 | 3,949,730 |
140 | Green Bankshares Inc. Greeneville, Tenn. | 789 | 773 | 2.1 | 3,012,041 |
141 | Sturm Financial Group Inc. Denver | 787 | 803 | -2.0 | 2,189,515 |
142 | First Financial Corp. Terre Haute, Ind. | 768 | 780 | -1.5 | 2,311,276 |
143 | BancPlus Corp. Belzoni, Miss. | 761 | 722 | 5.4 | 2,146,895 |
PrivateBancorp Inc. Chicago | 761 | 495 | 53.7 | 9,011,462 | |
145 | W.T.B. Financial Corp. Spokane | 750 | 722 | 3.9 | 4,063,301 |
146 | Sun Bancorp Inc. Vineland, N.J. | 748 | 747 | 0.1 | 3,425,379 |
147 | Valley View Bancshares Inc. Overland Park, Kan. | 742 | 753 | -1.5 | 3,032,353 |
148 | Columbia Banking System Inc. Tacoma | 726 | 858 | -15.4 | 3,105,201 |
149 | Pinnacle Financial Partners Inc. Nashville | 723 | 451 | 60.3 | 4,337,552 |
150 | Republic Bancorp Inc. Louisville | 721 | 738 | -2.3 | 3,045,054 |
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.
© 2009 American Banker