Bank Holding Companies with the Most Employees
January 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 June 30, 2008. Dollars in thousands. | |||||
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Rank | June 30 | Year earlier | Change | Assets | |
1 | Citigroup Inc. New York | 389,230 | 395,326 | -1.5% | $2,100,385,000 |
2 | Bank of America Corp. Charlotte | 206,894 | 199,429 | 3.7 | 1,723,269,816 |
3 | JPMorgan Chase & Co. New York | 188,692 | 172,595 | 9.3 | 1,775,670,000 |
4 | Wells Fargo & Co. San Francisco | 160,500 | 158,700 | 1.1 | 609,074,000 |
5 | Wachovia Corp. Charlotte | 119,952 | 110,493 | 8.6 | 812,433,000 |
6 | U.S. Bancorp Minneapolis | 53,965 | 51,720 | 4.3 | 246,538,000 |
7 | MetLife Inc. New York | 50,277 | 46,427 | 8.3 | 555,786,932 |
8 | Bank of New York Mellon Corp. | 43,100 | 23,205 | 85.7 | 201,344,000 |
9 | SunTrust Banks Inc. Atlanta | 31,602 | 33,241 | -4.9 | 177,232,727 |
10 | Regions Financial Corp. Birmingham, Ala. | 31,564 | 33,167 | -4.8 | 144,438,176 |
11 | National City Corp. Cleveland | 30,302 | 32,445 | -6.6 | 153,678,935 |
12 | BB&T Corp. Winston-Salem, N.C. | 30,089 | 28,961 | 3.9 | 136,465,302 |
13 | State Street Corp. Boston | 28,690 | 22,350 | 28.4 | 146,517,251 |
14 | PNC Financial Services Group Inc. Pittsburgh | 28,075 | 27,209 | 3.2 | 142,791,491 |
15 | Capital One Financial Corp. McLean, Va. | 23,968 | 29,243 | -18.0 | 151,114,271 |
16 | Fifth Third Bancorp Cincinnati | 21,617 | 20,886 | 3.5 | 114,974,981 |
17 | KeyCorp Cleveland | 18,187 | 18,791 | -3.2 | 101,957,764 |
18 | Northern Trust Corp. Chicago | 11,797 | 10,248 | 15.1 | 74,806,905 |
19 | Huntington Bancshares Inc. Columbus, Ohio | 11,258 | 8,275 | 36.0 | 55,309,866 |
20 | Popular Inc. Hato Rey, Puerto Rico | 11,233 | 12,158 | -7.6 | 41,679,000 |
21 | Zions Bancorp. Salt Lake City | 10,985 | 11,048 | -0.6 | 54,838,433 |
22 | Comerica Inc. Dallas | 10,530 | 10,687 | -1.5 | 66,173,757 |
23 | Marshall & Ilsley Corp. Milwaukee | 9,554 | 14,368 | -33.5 | 64,271,056 |
24 | First Horizon National Corp. Memphis | 9,245 | 11,903 | -22.3 | 35,550,924 |
25 | Franklin Resources Inc. San Mateo, Calif. | 8,958 | 8,665 | 3.4 | 9,324,594 |
26 | Synovus Financial Corp. Columbus, Ga. | 7,000 | 13,830 | -49.4 | 34,227,301 |
27 | TCF Financial Corp. Wayzata, Minn. | 6,995 | 7,007 | -0.2 | 16,513,812 |
28 | Commerce Bancshares Inc. Kansas City, Mo. | 5,233 | 5,073 | 3.2 | 17,033,546 |
29 | Associated Banc-Corp Green Bay, Wis. | 5,224 | 5,187 | 0.7 | 22,303,967 |
30 | Arvest Bank Group Inc. Bentonville, Ark. | 4,797 | 4,536 | 5.8 | 9,917,166 |
31 | Colonial BancGroup Inc. Montgomery, Ala. | 4,631 | 4,589 | 0.9 | 26,031,288 |
32 | First Citizens BancShares Inc. Raleigh | 4,616 | 4,527 | 2.0 | 16,422,674 |
33 | BancorpSouth Inc. Tupelo, Miss. | 4,556 | 4,341 | 5.0 | 13,405,307 |
34 | Woodforest Financial Group Inc. The Woodlands, Tex. | 4,331 | 3,303 | 31.1 | 2,736,168 |
35 | BOK Financial Corp. Tulsa | 4,226 | 4,274 | -1.1 | 22,475,916 |
36 | FBOP Corp. Oak Park, Ill. | 4,191 | 4,087 | 2.5 | 17,647,970 |
37 | Cullen/Frost Bankers Inc. San Antonio | 3,851 | 3,732 | 3.2 | 13,807,669 |
38 | International Bancshares Corp. Laredo, Tex. | 3,675 | 3,421 | 7.4 | 11,010,549 |
39 | Fulton Financial Corp. Lancaster, Pa. | 3,667 | 3,966 | -7.5 | 16,058,125 |
40 | UMB Financial Corp. Kansas City, Mo. | 3,315 | 3,410 | -2.8 | 8,806,522 |
41 | Susquehanna Bancshares Inc. Lititz, Pa. | 3,145 | 2,330 | 35.0 | 13,504,721 |
42 | Webster Financial Corp. Waterbury, Conn. | 3,029 | 3,359 | -9.8 | 17,495,472 |
43 | City National Corp. Beverly Hills | 3,013 | 2,903 | 3.8 | 16,345,316 |
44 | Stifel Financial Corp. St. Louis | 2,922 | 2,731 | 7.0 | 1,685,837 |
45 | First BanCorp. San Juan, Puerto Rico | 2,909 | 2,910 | 0.0 | 18,828,786 |
46 | Wilmington Trust Corp. Del. | 2,879 | 2,574 | 11.8 | 12,317,743 |
47 | New York Community Bancorp Inc. Westbury | 2,831 | 2,626 | 7.8 | 31,106,685 |
48 | United National Corp. Sioux Falls, S.D. | 2,698 | 2,714 | -0.6 | 1,456,626 |
49 | FirstMerit Corp. Akron | 2,679 | 2,725 | -1.7 | 10,567,772 |
50 | Trustmark Corp. Jackson, Miss. | 2,637 | 2,694 | -2.1 | 9,315,049 |
51 | Valley National Bancorp Wayne, N.J. | 2,612 | 2,576 | 1.4 | 12,987,718 |
52 | Central Banco. Inc. Jefferson City, Mo. | 2,587 | 2,571 | 0.6 | 8,297,058 |
53 | South Financial Group Inc. Greenville, S.C. | 2,572 | 2,468 | 4.2 | 13,979,278 |
54 | Sterling Financial Corp. Spokane | 2,545 | 2,422 | 5.1 | 12,694,576 |
55 | Bank of Hawaii Corp. Honolulu | 2,534 | 2,571 | -1.4 | 10,371,148 |
56 | Old National Bancorp Evansville, Ind. | 2,499 | 2,535 | -1.4 | 7,601,849 |
57 | Whitney Holding Corp. New Orleans | 2,458 | 2,568 | -4.3 | 11,019,230 |
58 | First Banks Inc. Clayton, Mo. | 2,341 | 2,576 | -9.1 | 10,808,860 |
59 | F.N.B. Corp. Hermitage, Pa. | 2,335 | 1,762 | 32.5 | 8,095,880 |
60 | Citizens Republic Bancorp Inc. Flint, Mich. | 2,321 | 2,348 | -1.1 | 13,179,270 |
61 | First Community Bancshares Inc. Houston | 2,309 | 2,374 | -2.7 | 1,011,356 |
62 | Dickinson Financial Corp. II Kansas City, Mo. | 2,285 | 2,085 | 9.6 | 5,702,846 |
63 | Park National Corp. Newark, Ohio | 2,069 | 2,076 | -0.3 | 6,820,233 |
64 | Doral GP Ltd. San Juan, Puerto Rico | 2,040 | NA | NA | 10,360,900 |
65 | Wintrust Financial Corp. Lake Forest, Ill. | 2,010 | 1,932 | 4.0 | 9,923,077 |
66 | Hancock Holding Co. Gulfport, Miss. | 1,903 | 1,944 | -2.1 | 6,320,036 |
67 | United Community Banks Inc. Blairsville, Ga. | 1,894 | 1,870 | 1.3 | 8,264,051 |
68 | FirstBank Holding Co. Lakewood, Colo. | 1,893 | 1,903 | -0.5 | 9,250,411 |
69 | First Interstate BancSystem Inc. Billings, Mont. | 1,883 | 1,646 | 14.4 | 6,359,955 |
70 | First Midwest Bancorp Inc. Itasca, Ill. | 1,828 | 1,885 | -3.0 | 8,315,677 |
71 | National Penn Bancshares Inc. Boyertown, Pa. | 1,811 | 1,227 | 47.6 | 9,241,355 |
72 | First Citizens Bancorp. Inc. Columbia, S.C. | 1,728 | 1,671 | 3.4 | 6,528,685 |
73 | Bremer Financial Corp. St. Paul | 1,719 | 1,701 | 1.1 | 7,689,199 |
74 | R&G Financial Corp. Hato Rey, Puerto Rico | 1,704 | 2,378 | -28.3 | 7,734,458 |
75 | Umpqua Holdings Corp. Portland, Ore. | 1,695 | 1,770 | -4.2 | 8,361,592 |
76 | Provident Bankshares Corp. Baltimore | 1,663 | 1,753 | -5.1 | 6,383,935 |
77 | Capitol Bancorp Ltd. Lansing, Mich. | 1,655 | 1,476 | 12.1 | 5,338,087 |
78 | First Commonwealth Financial Corp. Indiana, Pa. | 1,589 | 1,577 | 0.8 | 6,253,376 |
79 | W Holding Co. Inc. Mayaguez, Puerto Rico | 1,584 | 1,513 | 4.7 | 17,145,036 |
80 | United Bankshares Inc. Charleston, W.Va. | 1,568 | 1,310 | 19.7 | 8,048,472 |
81 | UCBH Holdings Inc. San Francisco | 1,548 | 1,347 | 14.9 | 12,871,122 |
82 | WesBanco Inc. Wheeling, W.Va. | 1,539 | 1,191 | 29.2 | 5,270,942 |
83 | Glacier Bancorp Inc. Kalispell, Mont. | 1,525 | 1,467 | 4.0 | 5,027,868 |
84 | Eastern Bank Corp. Boston | 1,509 | 1,478 | 2.1 | 6,803,227 |
85 | BancFirst Corp. Oklahoma City | 1,488 | 1,427 | 4.3 | 3,842,364 |
86 | Community Bank System Inc. De Witt, N.Y. | 1,468 | 1,446 | 1.5 | 4,656,952 |
87 | Chemical Financial Corp. Midland, Mich. | 1,446 | 1,539 | -6.0 | 3,737,854 |
88 | Pacific Capital Bancorp Santa Barbara, Calif. | 1,404 | 1,380 | 1.7 | 7,484,323 |
89 | Prosperity Bancshares Inc. Houston | 1,397 | 1,408 | -0.8 | 6,803,427 |
90 | Iberiabank Corp. Lafayette, La. | 1,381 | 1,377 | 0.3 | 5,324,150 |
91 | East West Bancorp Inc. Pasadena, Calif. | 1,374 | 1,261 | 9.0 | 11,784,914 |
92 | Plains Capital Corp. Dallas | 1,369 | 1,272 | 7.6 | 3,318,988 |
93 | MB Financial Inc. Chicago | 1,368 | 1,352 | 1.2 | 8,406,592 |
94 | Amcore Financial Inc. Rockford, Ill. | 1,346 | 1,443 | -6.7 | 5,176,194 |
95 | Johnson Financial Group Inc. Racine, Wis. | 1,346 | 1,287 | 4.6 | 5,365,444 |
96 | Pinnacle Bancorp Inc. Central City, Neb. | 1,345 | 1,311 | 2.6 | 4,725,102 |
97 | NBT Bancorp Inc. Norwich, N.Y. | 1,322 | 1,250 | 5.8 | 5,309,500 |
98 | 1st Source Corp. South Bend, Ind. | 1,291 | 1,291 | 0.0 | 4,477,614 |
99 | Boston Private Financial Holdings Inc. | 1,225 | 1,049 | 16.8 | 7,206,154 |
100 | Independent Bank Corp. Ionia, Mich. | 1,224 | 1,273 | -3.8 | 3,240,309 |
101 | New York Private Bank & Trust Corp. | 1,221 | 1,220 | 0.1 | 14,789,425 |
102 | SVB Financial Group Santa Clara, Calif. | 1,209 | 1,144 | 5.7 | 7,017,305 |
103 | Irwin Financial Corp. Columbus, Ind. | 1,174 | 1,437 | -18.3 | 5,932,998 |
104 | First Merchants Corp. Muncie, Ind. | 1,156 | 1,130 | 2.3 | 3,822,460 |
105 | Banner Corp. Walla Walla, Wash. | 1,141 | 1,116 | 2.2 | 4,636,344 |
106 | Simmons First National Corp. Pine Bluff, Ark. | 1,135 | 1,112 | 2.1 | 2,935,442 |
107 | Sterling Bancshares Inc. Houston | 1,126 | 1,048 | 7.4 | 4,913,088 |
108 | NewAlliance Bancshares Inc. New Haven | 1,114 | 1,142 | -2.5 | 8,262,936 |
109 | Ocean Bankshares Inc. Miami | 1,081 | 1,060 | 2.0 | 4,870,165 |
110 | Capital City Bank Group Inc. Tallahassee, Fla. | 1,067 | 1,046 | 2.0 | 2,638,132 |
111 | First Financial Bancorp. Cincinnati | 1,058 | 1,158 | -8.6 | 3,459,962 |
112 | First Mariner Bancorp Baltimore | 1,057 | 977 | 8.2 | 1,289,419 |
113 | Central Pacific Financial Corp. Honolulu | 1,051 | 998 | 5.3 | 5,650,349 |
114 | Cathay General Bancorp Los Angeles | 1,034 | 1,018 | 1.6 | 10,811,915 |
115 | Community Trust Bancorp Inc. Pikeville, Ky. | 1,006 | 1,012 | -0.6 | 2,878,344 |
116 | Heartland Financial USA Inc. Dubuque, Iowa | 1,002 | 1,004 | -0.2 | 3,379,071 |
117 | First Busey Corp. Urbana, Ill. | 993 | 638 | 55.6 | 4,265,431 |
118 | Intrust Financial Corp. Wichita | 993 | 992 | 0.1 | 3,474,532 |
119 | First National Bank Group Inc. Edinburg, Tex. | 986 | 1,073 | -8.1 | 4,605,045 |
120 | Riverside Banking Co. Fort Pierce, Fla. | 979 | 1,009 | -3.0 | 4,373,714 |
121 | Western Alliance Bancorp. Las Vegas | 963 | 1,000 | -3.7 | 5,219,333 |
122 | First Financial Bankshares Inc. Abilene, Tex. | 953 | 960 | -0.7 | 3,084,665 |
123 | S&T Bancorp Inc. Indiana, Pa. | 949 | 799 | 18.8 | 4,353,568 |
124 | Marquette Financial Cos. Minneapolis | 932 | 985 | -5.4 | 2,962,728 |
125 | Provident Financial Services Inc. Jersey City | 925 | 980 | -5.6 | 6,384,944 |
126 | Renasant Corp. Tupelo, Miss. | 912 | 809 | 12.7 | 3,782,196 |
127 | Pennsylvania Commerce Bancorp Inc. Harrisburg | 910 | 806 | 12.9 | 2,045,662 |
128 | First State Bancorp. Albuquerque | 905 | 918 | -1.4 | 3,465,546 |
129 | StellarOne Corp. Charlottesville, Va. | 901 | 536 | 68.1 | 3,031,031 |
130 | Westamerica Bancorp. San Rafael, Calif. | 895 | 911 | -1.8 | 4,188,548 |
131 | First Security Bancorp Searcy, Ark. | 892 | 938 | -4.9 | 2,415,372 |
132 | PacWest Bancorp San Diego | 881 | 903 | -2.4 | 4,347,463 |
133 | Integra Bank Corp. Evansville, Ind. | 868 | 861 | 0.8 | 3,401,210 |
134 | Independent Bank Corp. Rockland, Mass. | 862 | 745 | 15.7 | 3,387,458 |
135 | Metropolitan Bank Group Inc. Chicago | 860 | 773 | 11.3 | 3,133,949 |
136 | Cass Information Systems Inc. Bridgeton, Mo. | 853 | 801 | 6.5 | 905,716 |
137 | Harleysville National Corp. Pa. | 840 | 762 | 10.2 | 3,882,232 |
138 | West Coast Bancorp Lake Oswego, Ore. | 820 | 804 | 2.0 | 2,632,926 |
139 | City Holding Co. Charleston, W.Va. | 817 | 807 | 1.2 | 2,494,767 |
140 | Frontier Financial Corp. Everett, Wash. | 813 | 748 | 8.7 | 4,156,718 |
141 | MainSource Financial Group Inc. Greensburg, Ind. | 806 | 806 | 0.0 | 2,538,736 |
142 | Green Bankshares Inc. Greeneville, Tenn. | 795 | 739 | 7.6 | 3,018,536 |
143 | First Financial Corp. Terre Haute, Ind. | 771 | 788 | -2.2 | 2,305,172 |
144 | Sturm Financial Group Inc. Denver | 771 | 810 | -4.8 | 2,225,469 |
145 | BancPlus Corp. Belzoni, Miss. | 768 | 727 | 5.6 | 2,157,882 |
146 | Valley View Bancshares Inc. Overland Park, Kan. | 766 | 756 | 1.3 | 3,002,208 |
147 | Sun Bancorp Inc. Vineland, N.J. | 758 | 755 | 0.4 | 3,424,968 |
148 | Columbia Banking System Inc. Tacoma | 757 | 691 | 9.6 | 3,169,883 |
149 | W.T.B. Financial Corp. Spokane | 740 | 715 | 3.5 | 3,948,043 |
150 | Bank of the Ozarks Inc. Little Rock | 713 | 639 | 11.6 | 3,062,117 |
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