Bank Holding Companies with the Most Employees
September 17, 2009, 3:19 p.m. EDT 1 Min Read
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Bank Holding Companies with the Most Employees
Bank Holding Companies with the Most EmployeesFull-time equivalent on March 31, 2009. Dollars in thousands | |||||
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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