Bank Holding Companies with the Most Employees

View Table
Printer Friendly Version
Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most EmployeesFull-time equivalent on March 31, 2009. Dollars in thousands
Published September 18, 2009

Rank   March 31 Year earlier Change Assets
1 Citigroup Inc. New York 334,693 394,784 -15.2% $1,822,578,000
2 Bank of America Corp. Charlotte 284,802 208,741 36.4 2,323,415,453
3 Wells Fargo & Co. San Francisco 272,800 160,900 69.5 1,285,891,000
4 JPMorgan Chase & Co. New York 212,255 175,086 21.2 2,079,188,000
5 American Express Co. New York 63,597 NA NA 120,164,228
6 PNC Financial Services Group Inc. Pittsburgh 56,572 27,723 104.1 286,472,490
7 U.S. Bancorp Minneapolis 54,872 53,134 3.3 263,624,000
8 MetLife Inc. New York 53,626 48,833 9.8 491,406,527
9 Morgan Stanley New York 44,241 NA NA 626,023,000
10 Bank of New York Mellon Corp. 42,000 42,600 -1.4 203,883,000
11 Regions Financial Corp. Birmingham, Ala. 30,613 32,143 -4.8 141,950,436
12 BB&T Corp. Winston-Salem, N.C. 29,496 29,726 -0.8 143,424,861
13 SunTrust Banks Inc. Atlanta 29,279 31,745 -7.8 179,216,454
14 Goldman Sachs Group Inc. New York 27,898 NA NA 925,987,000
15 Capital One Financial Corp. McLean, Va. 27,545 24,724 11.4 177,387,459
16 State Street Corp. Boston 27,500 27,875 -1.3 144,857,705
17 Fifth Third Bancorp Cincinnati 20,618 21,726 -5.1 119,312,668
18 KeyCorp Cleveland 17,814 18,231 -2.3 98,371,305
19 Northern Trust Corp. Chicago 12,195 11,323 7.7 78,464,586
20 Zions Bancorp. Salt Lake City 10,942 10,946 0.0 54,604,133
21 Huntington Bancshares Inc. Columbus, Ohio 10,533 11,496 -8.4 51,733,365
22 Popular Inc. Hato Rey, Puerto Rico 10,179 11,325 -10.1 37,709,000
23 Comerica Inc. Dallas 9,696 10,643 -8.9 67,757,561
24 Marshall & Ilsley Corp. Milwaukee 9,182 9,350 -1.8 61,910,143
25 Franklin Resources Inc. San Mateo, Calif. 8,179 8,753 -6.6 8,793,821
26 TCF Financial Corp. Wayzata, Minn. 6,784 6,977 -2.8 18,111,839
27 Synovus Financial Corp. Columbus, Ga. 6,483 7,043 -8.0 34,547,432
28 First Horizon National Corp. Memphis 6,033 9,555 -36.9 31,208,975
29 Commerce Bancshares Inc. Kansas City, Mo. 5,156 5,129 0.5 17,970,569
30 Associated Banc-Corp Green Bay, Wis. 5,124 5,092 0.6 24,349,725
31 Arvest Bank Group Inc. Bentonville, Ark. 4,922 4,667 5.5 10,775,868
32 CIT Group Inc. New York 4,830 NA NA 75,652,977
33 Colonial BancGroup Inc. Montgomery, Ala. 4,809 4,623 4.0 26,439,895
34 Woodforest Financial Group Inc. The Woodlands, Texas 4,598 4,021 14.3 3,299,911
35 BancorpSouth Inc. Tupelo, Miss. 4,527 4,480 1.0 13,463,784
36 BOK Financial Corp. Tulsa 4,456 4,174 6.8 23,346,689
37 First Citizens BancShares Inc. Raleigh 4,445 4,463 -0.4 17,214,265
38 FBOP Corp. Oak Park, Ill. 4,041 4,094 -1.3 17,621,602
39 Cullen/Frost Bankers Inc. San Antonio 3,920 3,788 3.5 15,394,490
40 Fulton Financial Corp. Lancaster, Pa. 3,633 3,672 -1.1 16,493,522
41 International Bancshares Corp. Laredo, Texas 3,598 3,567 0.9 12,128,052
42 Stifel Financial Corp. St. Louis 3,420 2,812 21.6 2,014,698
43 UMB Financial Corp. Kansas City, Mo. 3,276 3,306 -0.9 10,246,858
44 Susquehanna Bancshares Inc. Lititz, Pa. 2,952 3,112 -5.1 13,733,200
45 Wilmington Trust Corp. Del. 2,945 2,704 8.9 11,758,225
46 City National Corp. Los Angeles 2,933 2,959 -0.9 16,937,997
47 First BanCorp. San Juan, Puerto Rico 2,851 2,902 -1.8 19,709,150
48 Webster Financial Corp. Waterbury, Conn. 2,822 3,012 -6.3 17,266,755
49 United National Corp. Sioux Falls, S.D. 2,786 2,777 0.3 1,434,992
50 Valley National Bancorp Wayne, N.J. 2,698 2,615 3.2 14,429,597
51 New York Community Bancorp Inc. Westbury 2,650 2,828 -6.3 32,427,432
52 Whitney Holding Corp. New Orleans 2,607 2,470 5.5 12,023,224
53 Trustmark Corp. Jackson, Miss. 2,589 2,627 -1.4 9,775,714
54 Bank of Hawaii Corp. Honolulu 2,587 2,538 1.9 11,448,128
55 FirstMerit Corp. Akron 2,562 2,676 -4.3 10,973,661
56 Sterling Financial Corp. Spokane 2,518 2,557 -1.5 12,830,653
57 Old National Bancorp Evansville, Ind. 2,513 2,478 1.4 8,356,139
58 Central Bancompany Inc. Jefferson City, Mo. 2,459 2,585 -4.9 9,254,731
59 South Financial Group Inc. Greenville, S.C. 2,425 2,488 -2.5 13,285,328
60 First Community Bancshares Inc. Killeen, Texas 2,334 2,215 5.4 1,079,912
61 F.N.B. Corp. Hermitage, Pa. 2,291 1,767 29.7 8,454,797
62 Dickinson Financial Corp. II Kansas City, Mo. 2,259 2,202 2.6 5,930,294
63 Wintrust Financial Corp. Lake Forest, Ill. 2,221 1,982 12.1 10,818,941
64 Citizens Republic Bancorp Inc. Flint, Mich. 2,175 2,409 -9.7 12,999,333
65 First Banks Inc. Clayton, Mo. 2,168 2,391 -9.3 10,243,580
66 Park National Corp. Newark, Ohio 2,071 2,035 1.8 7,059,175
67 Plains Capital Corp. Dallas 2,064 1,359 51.9 4,148,603
68 FirstBank Holding Co. Lakewood, Colo. 1,982 1,900 4.3 9,521,244
69 Hancock Holding Co. Gulfport, Miss. 1,938 1,877 3.2 7,111,957
70 First Citizens Bancorp. Inc. Columbia, S.C. 1,833 1,702 7.7 7,225,189
71 Umpqua Holdings Corp. Portland, Ore. 1,825 1,694 7.7 8,787,490
72 National Penn Bancshares Inc. Boyertown, Pa. 1,785 1,850 -3.5 9,633,042
73 United Community Banks Inc. Blairsville, Ga. 1,781 1,929 -7.7 8,140,909
74 First Midwest Bancorp Inc. Itasca, Ill. 1,767 1,833 -3.6 8,254,406
75 First Interstate BancSystem Inc. Billings, Mont. 1,763 1,861 -5.3 6,718,509
76 Bremer Financial Corp. St. Paul 1,719 1,695 1.4 7,519,138
77 Prosperity Bancshares Inc. Houston 1,684 1,373 22.7 8,804,495
78 First Commonwealth Financial Corp. Indiana, Pa. 1,648 1,586 3.9 6,422,996
79 Community Bank System Inc. De Witt, N.Y. 1,616 1,455 11.1 5,324,733
80 Eastern Bank Corp. Boston 1,604 1,437 11.6 6,749,058
81 Glacier Bancorp Inc. Kalispell, Mont. 1,580 1,368 15.5 5,580,800
82 United Bankshares Inc. Charleston, W.Va. 1,512 1,558 -3.0 7,984,717
83 UCBH Holdings Inc. San Francisco 1,509 1,502 0.5 13,397,193
84 R&G Financial Corp. Hato Rey, Puerto Rico 1,503 1,667 -9.8 7,344,151
85 BancFirst Corp. Oklahoma City 1,476 1,474 0.1 3,958,154
86 WesBanco Inc. Wheeling, W.Va. 1,448 1,546 -6.3 5,940,073
87 W Holding Co. Inc. Mayaguez, Puerto Rico 1,444 1,584 -8.8 15,129,420
88 Capitol Bancorp Ltd. Lansing, Mich. 1,443 1,652 -12.7 5,781,649
89 NBT Bancorp Inc. Norwich, N.Y. 1,435 1,271 12.9 5,406,234
90 Iberiabank Corp. Lafayette, La. 1,415 1,303 8.6 5,548,330
91 Chemical Financial Corp. Midland, Mich. 1,413 1,377 2.6 3,975,751
92 Pinnacle Bancorp Inc. Central City, Neb. 1,409 1,255 12.3 5,279,610
93 Pacific Capital Bancorp Santa Barbara, Calif. 1,398 1,413 -1.1 9,222,488
94 MB Financial Inc. Chicago 1,374 1,330 3.3 9,025,132
95 Johnson Financial Group Inc. Racine, Wis. 1,369 1,338 2.3 6,082,928
96 First Merchants Corp. Muncie, Ind. 1,320 1,131 16.7 4,886,897
97 East West Bancorp Inc. Pasadena, Calif. 1,275 1,427 -10.7 12,564,586
98 Westamerica Bancorp. San Rafael, Calif. 1,257 892 40.9 5,428,798
99 SVB Financial Group Santa Clara, Calif. 1,247 1,176 6.0 10,977,280
100 Amcore Financial Inc. Rockford, Ill. 1,246 1,333 -6.5 5,298,989
101 Boston Private Financial Holdings Inc. 1,233 1,205 2.3 7,188,084
102 1st Source Corp. South Bend, Ind. 1,219 1,271 -4.1 4,601,281
103 Independent Bank Corp. Ionia, Mich. 1,205 1,208 -0.2 2,955,181
104 Doral GP Ltd. San Juan, Puerto Rico 1,177 1,311 -10.2 10,023,081
105 Sterling Bancshares Inc. Houston 1,124 1,103 1.9 5,079,324
106 Simmons First National Corp. Pine Bluff, Ark. 1,097 1,121 -2.1 2,943,579
107 Banner Corp. Walla Walla, Wash. 1,083 1,113 -2.7 4,510,124
108 Western Alliance Bancorp. Las Vegas 1,083 979 10.6 5,267,286
109 NewAlliance Bancshares Inc. New Haven 1,081 1,122 -3.7 8,503,477
110 Harleysville National Corp. Pa. 1,072 816 31.4 5,646,195
111 First Financial Bancorp. Cincinnati 1,062 1,056 0.6 3,809,196
112 New York Private Bank and Trust Corp. 1,051 1,216 -13.6 16,186,663
113 Capital City Bank Group Inc. Tallahassee, Fla. 1,039 1,062 -2.2 2,483,619
114 Central Pacific Financial Corp. Honolulu 1,022 1,026 -0.4 5,431,559
115 Community Trust Bancorp Inc. Pikeville, Ky. 996 996 0.0 3,022,199
116 Cathay General Bancorp El Monte, Calif. 991 1,036 -4.3 11,398,144
117 Intrust Financial Corp. Wichita 990 984 0.6 3,487,687
118 First Mariner Bancorp Baltimore 984 854 15.2 1,379,862
119 Metro Bancorp Inc. Harrisburg, Pa. 983 856 14.8 2,115,417
120 First Security Bancorp Searcy, Ark. 976 921 6.0 2,929,664
121 S&T Bancorp Inc. Indiana, Pa. 959 796 20.5 4,314,540
122 First Financial Bankshares Inc. Abilene, Texas 958 959 -0.1 3,121,362
123 Provident Financial Services Inc. Jersey City 957 929 3.0 6,523,929
124 First Busey Corp. Urbana, Ill. 939 1,020 -7.9 4,470,475
125 Ocean Bankshares Inc. Miami 906 1,128 -19.7 4,637,511
126 MainSource Financial Group Inc. Greensburg, Ind. 904 805 12.3 2,873,051
127 Riverside Banking Co. Fort Pierce, Fla. 882 989 -10.8 3,604,361
128 Great Southern Bancorp Inc. Springfield, Mo. 878 677 29.7 3,409,680
129 First National Bank Group Inc. Edinburg, Texas 868 982 -11.6 4,221,936
130 PacWest Bancorp San Diego 867 879 -1.4 4,497,244
131 Metropolitan Bank Group Inc. Chicago 852 832 2.4 3,186,596
132 Heartland Financial USA Inc. Dubuque, Iowa 845 995 -15.1 3,730,100
133 Integra Bank Corp. Evansville, Ind. 842 859 -2.0 3,555,533
134 StellarOne Corp. Charlottesville, Va. 834 904 -7.7 2,996,929
135 City Holding Co. Charleston, W.Va. 830 821 1.1 2,585,943
136 Renasant Corp. Tupelo, Miss. 828 881 -6.0 3,795,217
137 Cass Information Systems Inc. Bridgeton, Mo. 822 845 -2.7 887,270
138 Independent Bank Corp. Rockland, Mass. 813 820 -0.9 3,766,439
139 PrivateBancorp Inc. Chicago 786 657 19.6 10,375,714
140 BancPlus Corp. Belzoni, Miss. 782 767 2.0 2,133,227
141 Frontier Financial Corp. Everett, Wash. 781 806 -3.1 4,153,780
142 First State Bancorp. Albuquerque 775 873 -11.2 3,550,457
143 First Financial Corp. Terre Haute, Ind. 770 785 -1.9 2,293,126
144 Irwin Financial Corp. Columbus, Ind. 755 1,156 -34.7 4,030,924
145 West Coast Bancorp Lake Oswego, Ore. 753 794 -5.2 2,496,227
146 Valley View Bancshares Inc. Overland Park, Kan. 751 766 -2.0 3,098,942
147 W.T.B. Financial Corp. Spokane 750 734 2.2 4,050,387
148 Republic Bancorp Inc. Louisville 742 717 3.5 3,337,645
149 Sun Bancorp Inc. Vineland, N.J. 741 757 -2.1 3,635,697
150 Green Bankshares Inc. Greeneville, Tenn. 738 789 -6.5 2,795,839

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. Figures for prior periods are not adjusted for mergers and acquisitions. Rankings include only companies current as of July 24, 2009.

Source:

SNL Financial
, Charlottesville, Va.
© 2009 American Banker