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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

October 17, 2022, 3:34 p.m. EDT 1 Min Read
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Source: S&P Global

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Bank Holding Companies with the Most Employees

rank Company City State Jun. 30 Year earlier Change Assets ($000)
1 JPMorgan Chase & Co. New York N.Y. 273,984 253,515 8.07 $3,841,314,000
2 Citigroup Inc. New York N.Y. 243,086 225,212 7.94 2,380,904,000
3 Wells Fargo & Company San Francisco Calif. 236,822 249,610 -5.12 1,881,142,000
4 Bank of America Corporation Charlotte N.C. 208,242 210,240 -0.95 3,111,606,000
5 Morgan Stanley New York N.Y. 78,386 71,826 9.13 1,173,776,000
6 American Express Company New York N.Y. 71,233 62,502 13.97 205,298,000
7 U.S. Bancorp Minneapolis Minn. 70,394 67,527 4.25 591,381,000
8 Capital One Financial Corporation McLean Va. 61,826 57,720 7.11 440,287,667
9 The PNC Financial Services Group, Inc. Pittsburgh Pa. 60,140 61,268 -1.84 541,012,603
10 United Services Automobile Association San Antonio Tex. 53,838 54,766 -1.69 205,413,000
11 Truist Financial Corporation Charlotte N.C. 51,349 52,248 -1.72 545,123,000
12 The Bank of New York Mellon Corporation New York N.Y. 50,800 48,800 4.10 452,621,000
13 The Goldman Sachs Group, Inc. New York N.Y. 47,000 40,800 15.20 1,601,224,000
14 State Street Corporation Boston Mass. 40,102 38,880 3.14 300,223,000
15 The Charles Schwab Corporation Westlake Tex. 35,237 32,484 8.47 637,557,000
16 Synchrony Financial Stamford Conn. 24,947 23,941 4.20 95,200,000
17 M&T Bank Corporation Buffalo N.Y. 22,680 16,978 33.58 204,032,889
18 Northern Trust Corporation Chicago Ill. 22,464 20,634 8.87 157,786,326
19 First American Financial Corporation Santa Ana Calif. 21,363 18,876 13.18 16,262,328
20 Huntington Bancshares Incorporated Columbus Ohio 20,052 20,604 -2.68 178,782,402
21 Regions Financial Corporation Birmingham Ala. 19,673 18,814 4.57 160,952,000
22 KeyCorp Cleveland Ohio 19,589 18,734 4.56 187,227,649
23 Citizens Financial Group, Inc. Providence R.I. 19,583 17,472 12.08 227,186,681
24 Fifth Third Bancorp Cincinnati Ohio 19,119 19,402 -1.46 206,782,168
25 Discover Financial Services Riverwoods Ill. 16,356 15,921 2.73 114,600,315
26 Raymond James Financial, Inc. Saint Petersburg Fla. 13,242 12,772 3.68 86,110,751
27 Ameriprise Financial, Inc. Minneapolis Minn. 13,202 12,134 8.80 158,502,970
28 Ally Financial Inc. Detroit Mich. 11,218 9,955 12.69 185,703,000
29 First Citizens BancShares, Inc. Raleigh N.C. 10,475 6,654 57.42 107,672,569
30 Stifel Financial Corp. Saint Louis Mo. 9,157 8,702 5.23 36,476,441
31 Popular, Inc. Hato Rey P.R. 8,615 8,439 2.09 71,502,000
32 SVB Financial Group Santa Clara Calif. 7,924 4,930 60.73 214,399,000
33 First Horizon Corporation Memphis Tenn. 7,604 8,139 -6.57 85,132,958
34 Comerica Incorporated Dallas Tex. 7,436 7,532 -1.27 87,179,000
35 Arvest Bank Group, Inc. Bentonville Ark. 6,413 6,239 2.79 26,614,995
36 Wintrust Financial Corporation Rosemont Ill. 5,285 5,253 0.61 50,968,518
37 SouthState Corporation Winter Haven Fla. 5,190 5,203 -0.25 46,207,422
38 Flagstar Bancorp, Inc. Troy Mich. 5,036 5,503 -8.49 24,899,262
39 Synovus Financial Corp. Columbus Ga. 5,005 4,983 0.44 57,382,745
40 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,795 4,528 5.90 51,817,844
41 BOK Financial Corporation Tulsa Okla. 4,763 4,817 -1.12 45,450,657
42 First National of Nebraska, Inc. Omaha Neb. 4,754 4,241 12.10 25,917,964
43 Hilltop Holdings Inc. Dallas Tex. 4,644 5,004 -7.19 16,715,739
44 Commerce Bancshares, Inc. Kansas City Mo. 4,592 4,565 0.59 33,467,466
45 Woodforest Financial Group, Inc. The Woodlands Tex. 4,459 4,292 3.89 9,628,383
46 Old National Bancorp Evansville Ind. 4,196 2,465 70.22 45,750,538
46 SoFi Technologies, Inc. San Francisco Calif. 4,196 N.A. N/A 12,670,886
48 Associated Banc-Corp Green Bay Wis. 4,151 4,007 3.59 37,235,990
49 Webster Financial Corporation Stamford Conn. 4,073 2,940 38.54 67,595,023
50 F.N.B. Corporation Pittsburgh Pa. 3,974 3,981 -0.18 41,751,628
51 Valley National Bancorp New York N.Y. 3,748 3,130 19.74 54,438,807
52 First Interstate BancSystem, Inc. Billings Mont. 3,706 2,539 45.96 32,061,717
53 Umpqua Holdings Corporation Portland Ore. 3,693 3,755 -1.65 30,135,694
54 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,597 3,654 -1.56 16,001,743
55 Hancock Whitney Corporation Gulfport Miss. 3,594 3,626 -0.88 34,652,639
56 Prosperity Bancshares, Inc. Houston Tex. 3,576 3,724 -3.97 37,419,778
57 UMB Financial Corporation Kansas City Mo. 3,548 3,508 1.14 37,507,841
58 Glacier Bancorp, Inc. Kalispell Mont. 3,439 2,987 15.13 26,690,005
59 Western Alliance Bancorporation Phoenix Ariz. 3,330 3,205 3.90 66,055,336
60 Fulton Financial Corporation Lancaster Pa. 3,296 3,200 3.00 25,191,001
61 Simmons First National Corporation Pine Bluff Ark. 3,233 2,783 16.17 27,230,757
62 East West Bancorp, Inc. Pasadena Calif. 3,189 3,161 0.89 62,394,283
63 First BanCorp. San Juan P.R. 3,130 3,172 -1.32 19,531,635
64 Pinnacle Financial Partners, Inc. Nashville Tenn. 3,074 2,706 13.60 40,121,292
65 Midland Financial Co. Oklahoma City Okla. 3,005 2,916 3.05 33,114,847
66 United Bankshares, Inc. Charleston W.Va. 2,988 3,012 -0.80 28,777,896
67 First Community Bancshares, Inc. Killeen Tex. 2,973 N.A. N/A 3,937,682
68 Ameris Bancorp Atlanta Ga. 2,885 2,686 7.41 23,687,471
69 Home Bancshares, Inc. (Conway, AR) Conway Ark. 2,844 2,009 41.56 24,253,168
70 Community Bank System, Inc. Dewitt N.Y. 2,839 2,757 2.97 15,487,833
71 United Community Banks, Inc. Blairsville Ga. 2,822 2,440 15.66 24,217,199
72 Central Bancompany, Inc. Jefferson City Mo. 2,820 2,886 -2.29 19,658,047
73 FirstBank Holding Company Lakewood Colo. 2,789 2,750 1.42 28,694,604
73 New York Community Bancorp, Inc. Hicksville N.Y. 2,789 2,785 0.14 63,093,283
75 Trustmark Corporation Jackson Miss. 2,727 2,772 -1.62 16,951,510
76 WesBanco, Inc. Wheeling W.Va. 2,509 2,459 2.03 16,800,976
77 PacWest Bancorp Beverly Hills Calif. 2,369 2,058 15.11 40,950,723
78 Renasant Corporation Tupelo Miss. 2,349 2,445 -3.93 16,618,101
79 OFG Bancorp San Juan P.R. 2,247 2,289 -1.83 10,247,774
80 WSFS Financial Corporation Wilmington Del. 2,209 1,859 18.83 20,550,216
81 Northwest Bancshares, Inc. Columbus Ohio 2,188 2,383 -8.18 14,262,249
82 First Merchants Corporation Muncie Ind. 2,177 1,844 18.06 17,780,492
83 International Bancshares Corporation Laredo Tex. 2,152 2,254 -4.53 16,271,178
84 Bank of Hawaii Corporation Honolulu Hawaii 2,114 2,085 1.39 23,232,699
85 Washington Federal, Inc. Seattle Wash. 2,107 2,058 2.38 20,158,831
86 Pinnacle Bancorp, Inc. Omaha Neb. 2,105 2,088 0.81 17,562,912
87 First Financial Bancorp. Cincinnati Ohio 2,096 2,053 2.09 16,243,714
88 Heartland Financial USA, Inc. Dubuque Iowa 2,087 2,091 -0.19 19,658,399
89 Columbia Banking System, Inc. Tacoma Wash. 2,077 2,048 1.42 20,565,364
90 Eastern Bankshares, Inc. Boston Mass. 2,056 1,797 14.41 22,353,741
91 BancFirst Corporation Oklahoma City Okla. 2,045 1,980 3.28 12,530,423
92 Texas Capital Bancshares, Inc. Dallas Tex. 2,039 1,557 30.96 32,338,963
93 Spend Life Wisely Company, Inc. Durant Okla. 2,026 1,844 9.87 13,974,990
94 First Hawaiian, Inc. Honolulu Hawaii 2,021 2,087 -3.16 25,377,533
95 FB Financial Corporation Nashville Tenn. 1,934 1,945 -0.57 12,193,862
96 Banner Corporation Walla Walla Wash. 1,917 2,063 -7.08 16,385,197
97 Atlantic Union Bankshares Corporation Richmond Va. 1,878 1,885 -0.37 19,669,159
98 State Bankshares, Inc. Fargo N.D. 1,861 1,652 12.65 11,300,387
99 United National Corporation Sioux Falls S.D. 1,860 1,920 -3.13 4,851,328
100 NBT Bancorp Inc. Norwich N.Y. 1,849 1,827 1.20 11,720,459
101 EB Acquisition Company, LLC University Park Tex. 1,730 1,827 -5.31 18,616,778
102 Park National Corporation Newark Ohio 1,682 1,710 -1.64 9,826,670
103 Independent Bank Corp. Rockland Mass. 1,654 1,363 21.35 19,983,884
104 Independent Bank Group, Inc. McKinney Tex. 1,652 1,539 7.34 18,107,093
105 LendingClub Corporation San Francisco Calif. 1,591 1,214 31.05 6,186,765
106 Pacific Premier Bancorp, Inc. Irvine Calif. 1,566 1,521 2.96 21,993,919
107 Hope Bancorp, Inc. Los Angeles Calif. 1,548 1,449 6.83 18,089,235
108 BankUnited, Inc. Miami Lakes Fla. 1,545 1,429 8.12 36,556,548
109 First Financial Bankshares, Inc. Abilene Tex. 1,510 1,518 -0.53 13,260,212
110 Bremer Financial Corporation Saint Paul Minn. 1,500 1,611 -6.89 15,771,051
111 First Busey Corporation Champaign Ill. 1,493 1,503 -0.67 12,356,433
112 Dollar Mutual Bancorp Pittsburgh Pa. 1,474 1,537 -4.10 10,939,143
113 John Deere Capital Corporation Madison Wis. 1,445 1,472 -1.83 45,847,353
114 First Commonwealth Financial Corporation Indiana Pa. 1,409 1,392 1.22 9,526,427
115 Triumph Bancorp, Inc. Dallas Tex. 1,378 1,206 14.26 5,955,506
116 Axos Financial, Inc. Las Vegas Nev. 1,375 1,165 18.03 17,455,604
117 Apple Financial Holdings, Inc. New York N.Y. 1,331 1,318 0.99 16,387,371
118 Berkshire Hills Bancorp, Inc. Boston Mass. 1,322 1,417 -6.70 11,585,711
119 Northpointe Bancshares, Inc. Grand Rapids Mich. 1,266 N.A. N/A 3,979,123
120 Peoples Bancorp Inc. Marietta Ohio 1,261 925 36.32 7,278,292
121 Cathay General Bancorp Los Angeles Calif. 1,215 1,173 3.58 21,235,553
121 Green Dot Corporation Austin Tex. 1,215 1,126 7.90 4,707,872
123 Provident Financial Services, Inc. Jersey City N.J. 1,205 1,157 4.15 13,715,901
124 W.T.B. Financial Corporation Spokane Wash. 1,201 1,099 9.28 10,624,427
125 The Bessemer Group, Incorporated New York N.Y. 1,200 1,117 7.43 3,913,627
126 First Bancorp Southern Pines N.C. 1,199 1,088 10.20 10,566,587
127 TriCo Bancshares Chico Calif. 1,191 1,031 15.52 10,120,611
128 BancPlus Corporation Ridgeland Miss. 1,184 983 20.45 6,574,802
129 Pathward Financial, Inc. Sioux Falls S.D. 1,178 1,109 6.22 6,728,235
129 S&T Bancorp, Inc. Indiana Pa. 1,178 1,148 2.61 9,103,814
131 FirstSun Capital Bancorp Denver Colo. 1,144 1,026 11.50 7,060,692
132 1st Source Corporation South Bend Ind. 1,143 1,168 -2.14 8,029,359
133 Sandy Spring Bancorp, Inc. Olney Md. 1,140 1,173 -2.81 13,303,009
134 Premier Financial Corp. Defiance Ohio 1,110 1,145 -3.06 8,014,440
135 National Bank Holdings Corporation Greenwood Village Colo. 1,095 1,154 -5.11 7,167,999
135 Seacoast Banking Corporation of Florida Stuart Fla. 1,095 946 15.75 10,811,704
137 Enterprise Financial Services Corp Clayton Mo. 1,078 947 13.83 13,084,506
138 Bangor Bancorp, MHC Bangor Maine 1,061 1,065 -0.38 7,047,676
139 Cass Information Systems, Inc. Saint Louis Mo. 1,057 1,004 5.28 2,443,988
140 Great Southern Bancorp, Inc. Springfield Mo. 1,034 1,035 -0.10 5,556,362
141 First Mid Bancshares, Inc. Mattoon Ill. 1,025 960 6.77 6,660,922
142 CVB Financial Corp. Ontario Calif. 1,024 996 2.81 16,759,993
143 First Security Bancorp Searcy Ark. 1,020 1,040 -1.92 8,193,610
143 Republic Bancorp, Inc. Louisville Ky. 1,020 1,072 -4.85 6,112,477
145 Stock Yards Bancorp, Inc. Louisville Ky. 1,018 823 23.69 7,595,136
146 Johnson Financial Group, Inc. Racine Wis. 1,015 1,034 -1.84 6,165,830
147 Tompkins Financial Corporation Ithaca N.Y. 1,013 1,027 -1.36 7,842,461
148 OceanFirst Financial Corp. Red Bank N.J. 1,010 1,002 0.80 12,446,537
149 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 1,003 988 1.52 15,405,154
150 QCR Holdings, Inc. Moline Ill. 968 725 33.52 7,392,941
150 Univest Financial Corporation Souderton Pa. 968 901 7.44 6,700,813
152 Byline Bancorp, Inc. Chicago Ill. 963 942 2.23 7,131,717
153 HomeStreet, Inc. Seattle Wash. 962 992 -3.02 8,587,299
154 Community Trust Bancorp, Inc. Pikeville Ky. 958 961 -0.31 5,447,350
155 Farmers & Merchants Investment, Inc. Lincoln Neb. 945 900 5.00 7,096,995
156 Midland States Bancorp, Inc. Effingham Ill. 932 914 1.97 7,435,812
157 Independent Bank Corporation Grand Rapids Mich. 920 980 -6.12 4,826,209
158 City Holding Company Charleston W.Va. 917 914 0.33 6,242,696
159 First Bancshares, Inc. Merrillville Ind. 912 877 3.99 6,381,529
160 Lakeland Bancorp, Inc. Oak Ridge N.J. 899 698 28.80 10,374,738
161 Horizon Bancorp, Inc. Michigan City Ind. 894 810 10.37 7,640,936
162 Live Oak Bancshares, Inc. Wilmington N.C. 891 701 27.10 9,120,897
163 CRB Group, Inc. Fort Lee N.J. 887 N.A. N/A 8,622,788
164 Amarillo National Bancorp, Inc. Amarillo Tex. 879 866 1.50 7,926,831
165 Community Bancshares of Mississippi, Inc. Brandon Miss. 874 831 5.17 4,665,109
166 First Financial Corporation Terre Haute Ind. 873 884 -1.24 5,040,654
167 Nicolet Bankshares, Inc. Green Bay Wis. 867 579 49.74 7,370,252
168 FB Corporation Creve Coeur Mo. 864 906 -4.64 6,734,485
169 Old Second Bancorp, Inc. Aurora Ill. 863 N.A. N/A 6,005,543
170 Waterstone Financial, Inc. Wauwatosa Wis. 860 815 5.52 1,936,268
171 First American Bank Corporation Elk Grove Village Ill. 857 873 -1.83 5,993,992
172 German American Bancorp, Inc. Jasper Ind. 846 743 13.86 6,472,306
173 Fremont Bancorporation Fremont Calif. 845 1,015 -16.75 5,632,341
174 Brookline Bancorp, Inc. Boston Mass. 844 823 2.55 8,553,123
175 INTRUST Financial Corporation Wichita Kan. 843 847 -0.47 7,197,122
176 Origin Bancorp, Inc. Ruston La. 821 746 10.05 8,111,523
177 Stockman Financial Corporation Miles City Mont. 819 792 3.4091 5905038
178 Dime Community Bancshares, Inc. Hauppauge N.Y. 815 809 0.7417 12342840
178 Southside Bancshares, Inc. Tyler Tex. 815 817 -0.245 7606061
180 Alpine Banks of Colorado Glenwood Springs Colo. 814 794 2.5189 6083627
181 Alerus Financial Corporation Grand Forks N.D. 808 N.A. N/A 3295065
181 MidWestOne Financial Group, Inc. Iowa City Iowa 808 739 9.3369 6442491
183 The First Bancshares, Inc. Hattiesburg Miss. 807 777 3.861 6039816
184 Dickinson Financial Corporation II Kansas City Mo. 800 854 -6.323 3572460
185 TrustCo Bank Corp NY Glenville N.Y. 793 769 3.1209 6226913
186 Central Pacific Financial Corp. Honolulu Hawaii 774 813 -4.797 7299178
187 Capital City Bank Group, Inc. Tallahassee Fla. 768 759 1.1858 4354297
188 Columbia Bank MHC Fair Lawn N.J. 765 615 24.39 9743392
188 Heritage Financial Corporation Olympia Wash. 765 819 -6.593 7316467
190 Veritex Holdings, Inc. Dallas Tex. 760 681 11.601 11304811
191 RCB Holding Company, Inc. Claremore Okla. 752 690 8.9855 4133288
192 First State Bancshares, Inc. Farmington Mo. 745 754 -1.194 3840847
193 First Command Financial Services, Inc. Fort Worth Tex. 740 756 -2.116 1432638
194 Business First Bancshares, Inc. Baton Rouge La. 736 642 14.642 5541245
195 First Federal Bancorp, Inc. Lake City Fla. 732 N.A. N/A 3497538
196 First Foundation Inc. Dallas Tex. 720 528 36.364 11257526
197 Capitol Federal Financial, Inc. Topeka Kan. 716 747 -4.15 9495946
198 HBT Financial, Inc. Bloomington Ill. 714 708 0.8475 4223978
199 Watford City Bancshares, Inc. Watford City N.D. 710 720 -1.389 5063981
200 Customers Bancorp, Inc. West Reading Pa. 692 605 14.38 20263646

Note: Includes employees of holding companies and subsidiaries. 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 Oct. 14, 2022.

© 2022 American Banker

Source: https://www.spglobal.com/en/

Workforce management Banks, thrifts and holding companies