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Workforce management Banks, thrifts and holding companies

Bank Holding Companies with the Most Employees

October 18, 2021, 10:28 a.m. EDT 1 Min Read
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Bank Holding Companies with the Most Employees
Rank Company City State Mar. 31 Year earlier Change Assets
1 JPMorgan Chase & Co. New York N.Y. $253,515 $250,119 1.36 $3,684,256,000
2 Wells Fargo & Company San Francisco Calif. 249,610 266,343 -6.28 1,945,996,000
3 Citigroup Inc. New York N.Y. 225,212 214,053 5.21 2,327,868,000
4 Bank of America Corporation Charlotte N.C. 210,240 209,535 0.34 3,029,894,000
5 Morgan Stanley New York N.Y. 71,826 61,550 16.70 1,161,805,000
6 U.S. Bancorp Minneapolis Minn. 67,527 70,872 -4.72 558,886,000
7 American Express Company New York N.Y. 62,502 64,796 -3.54 186,973,000
8 The PNC Financial Services Group, Inc. Pittsburgh Pa. 61,268 52,541 16.61 554,775,840
9 Capital One Financial Corporation McLean Va. 57,720 58,220 -0.86 423,420,289
10 United Services Automobile Association San Antonio Tex. 54,766 50,915 7.56 209,223,041
11 Truist Financial Corporation Charlotte N.C. 52,248 55,769 -6.31 521,964,000
12 The Bank of New York Mellon Corporation New York N.Y. 48,800 48,300 1.04 466,963,000
13 The Goldman Sachs Group, Inc. New York N.Y. 40,800 39,100 4.35 1,387,925,000
14 State Street Corporation Boston Mass. 38,880 38,766 0.29 326,528,000
15 The Charles Schwab Corporation Westlake Tex. 32,484 20,648 57.32 574,532,000
16 Synchrony Financial Stamford Conn. 23,941 26,288 -8.93 92,017,000
17 Northern Trust Corporation Chicago Ill. 20,634 20,200 2.15 172,291,118
18 Huntington Bancshares Incorporated Columbus Ohio 20,604 15,725 31.03 175,172,057
19 Fifth Third Bancorp Cincinnati Ohio 19,402 20,340 -4.61 205,389,958
20 First American Financial Corporation Santa Ana Calif. 18,876 18,251 3.42 15,426,885
21 Regions Financial Corporation Birmingham Ala. 18,814 20,073 -6.27 155,754,000
22 KeyCorp Cleveland Ohio 18,734 17,956 4.33 181,526,852
23 Citizens Financial Group, Inc. Providence R.I. 17,472 18,312 -4.59 185,540,963
24 M&T Bank Corporation Buffalo N.Y. 16,978 17,098 -0.70 150,622,707
25 Discover Financial Services Riverwoods Ill. 15,921 17,593 -9.50 110,984,921
26 Raymond James Financial, Inc. Saint Petersburg Fla. 12,772 13,076 -2.32 57,160,902
27 Ameriprise Financial, Inc. Minneapolis Minn. 12,134 12,405 -2.18 171,708,711
28 Ally Financial Inc. Detroit Mich. 9,955 9,092 9.49 180,470,000
29 Stifel Financial Corp. Saint Louis Mo. 8,702 8,493 2.46 29,744,764
30 Popular, Inc. Hato Rey P.R. 8,439 8,525 -1.01 72,657,000
31 First Horizon Corporation Memphis Tenn. 8,139 4,981 63.40 87,909,612
32 Comerica Incorporated Dallas Tex. 7,532 7,777 -3.15 88,515,000
33 First Citizens BancShares, Inc. Raleigh N.C. 6,654 6,982 -4.70 55,175,318
34 Arvest Bank Group, Inc. Bentonville Ark. 6,239 6,367 -2.01 26,251,181
35 People's United Financial, Inc. Bridgeport Conn. 5,621 6,115 -8.08 63,309,490
36 Flagstar Bancorp, Inc. Troy Mich. 5,503 4,641 18.57 27,064,964
37 Wintrust Financial Corporation Rosemont Ill. 5,253 5,223 0.57 46,738,448
38 SouthState Corporation Winter Haven Fla. 5,203 5,398 -3.61 40,375,869
39 Hilltop Holdings Inc. Dallas Tex. 5,004 4,775 4.80 17,664,534
40 Synovus Financial Corp. Columbus Ga. 4,983 5,308 -6.12 54,938,659
41 SVB Financial Group Santa Clara Calif. 4,930 3,984 23.74 163,402,747
42 BOK Financial Corporation Tulsa Okla. 4,817 5,036 -4.35 47,186,778
43 Commerce Bancshares, Inc. Kansas City Mo. 4,565 4,857 -6.01 33,875,421
44 Cullen/Frost Bankers, Inc. San Antonio Tex. 4,528 4,731 -4.29 46,734,428
45 Woodforest Financial Group, Inc. The Woodlands Tex. 4,292 4,636 -7.42 9,924,889
46 Associated Banc-Corp Green Bay Wis. 4,007 4,803 -16.57 34,152,625
47 F.N.B. Corporation Pittsburgh Pa. 3,981 4,077 -2.35 38,513,608
48 CIT Group Inc. New York N.Y. 3,880 4,285 -9.45 54,703,659
49 Umpqua Holdings Corporation Portland Ore. 3,755 3,922 -4.26 30,284,965
50 Prosperity Bancshares, Inc. Houston Tex. 3,724 3,793 -1.82 36,111,054
51 Hawaiian Electric Industries, Inc. Honolulu Hawaii 3,654 3,774 -3.18 15,606,729
52 Hancock Whitney Corporation Gulfport Miss. 3,626 4,196 -13.58 35,107,686
53 UMB Financial Corporation Kansas City Mo. 3,508 3,643 -3.71 36,619,015
54 Western Alliance Bancorporation Phoenix Ariz. 3,205 1,881 70.39 49,068,997
55 Fulton Financial Corporation Lancaster Pa. 3,200 3,465 -7.65 26,031,369
56 First BanCorp. Santurce P.R. 3,172 2,634 20.43 21,369,962
57 East West Bancorp, Inc. Pasadena Calif. 3,161 3,249 -2.71 59,854,876
58 Valley National Bancorp New York N.Y. 3,130 3,191 -1.91 41,274,228
59 United Bankshares, Inc. Charleston W.Va. 3,012 3,039 -0.89 27,190,926
60 Glacier Bancorp, Inc. Kalispell Mont. 2,987 2,954 1.12 20,488,033
61 Webster Financial Corporation Waterbury Conn. 2,940 3,334 -11.82 33,753,752
62 Midland Financial Co. Oklahoma City Okla. 2,916 2,839 2.71 31,087,133
63 Central Bancompany, Inc. Jefferson City Mo. 2,886 2,927 -1.40 19,397,228
64 New York Community Bancorp, Inc. Westbury N.Y. 2,785 2,763 0.80 57,468,934
65 Simmons First National Corporation Pine Bluff Ark. 2,783 2,939 -5.31 23,444,073
66 Trustmark Corporation Jackson Miss. 2,772 2,798 -0.93 17,098,132
67 Community Bank System, Inc. Onondaga N.Y. 2,757 2,748 0.33 14,801,287
68 FirstBank Holding Company Lakewood Colo. 2,750 2,904 -5.30 26,816,956
69 Pinnacle Financial Partners, Inc. Nashville Tenn. 2,706 2,578 4.97 35,412,309
70 Ameris Bancorp Atlanta Ga. 2,686 2,645 1.55 21,886,957
71 First Interstate BancSystem, Inc. Billings Mont. 2,539 2,460 3.21 18,940,496
72 Old National Bancorp Evansville Ind. 2,465 2,530 -2.57 23,675,690
73 WesBanco, Inc. Wheeling W.Va. 2,459 2,676 -8.11 16,966,900
74 Renasant Corporation Tupelo Miss. 2,445 2,541 -3.78 16,022,386
75 United Community Banks, Inc. Blairsville Ga. 2,440 2,297 6.23 18,898,880
76 Northwest Bancshares, Inc. Warren Pa. 2,383 2,519 -5.40 14,414,587
77 OFG Bancorp San Juan P.R. 2,289 2,376 -3.66 10,461,813
78 International Bancshares Corporation Laredo Tex. 2,254 3,071 -26.60 15,311,005
79 Heartland Financial USA, Inc. Dubuque Iowa 2,091 1,821 14.83 18,371,006
80 Pinnacle Bancorp, Inc. Elkhorn Neb. 2,088 2,056 1.56 16,465,532
81 First Hawaiian, Inc. Honolulu Hawaii 2,087 2,100 -0.62 24,246,328
82 Bank of Hawaii Corporation Honolulu Hawaii 2,085 2,112 -1.28 22,672,183
83 Banner Corporation Walla Walla Wash. 2,063 2,159 -4.45 16,181,857
84 PacWest Bancorp Beverly Hills Calif. 2,058 1,782 15.49 34,867,987
Washington Federal, Inc. Seattle Wash. 2,058 2,045 0.64 19,649,509
86 First Financial Bancorp. Cincinnati Ohio 2,053 2,076 -1.11 16,037,919
87 Columbia Banking System, Inc. Tacoma Wash. 2,048 2,145 -4.52 18,014,781
88 First Midwest Bancorp, Inc. Chicago Ill. 2,018 2,230 -9.51 21,625,424
89 Home Bancshares, Inc. (Conway, AR) Conway Ark. 2,009 1,951 2.97 17,627,192
90 BancFirst Corporation Oklahoma City Okla. 1,980 1,986 -0.30 11,015,311
91 FB Financial Corporation Nashville Tenn. 1,945 1,506 29.15 11,918,367
92 United National Corporation Sioux Falls S.D. 1,920 1,999 -3.95 4,171,746
93 Atlantic Union Bankshares Corporation Richmond Va. 1,885 1,973 -4.46 20,012,566
94 WSFS Financial Corporation Wilmington Del. 1,859 1,862 -0.16 15,148,861
95 First Merchants Corporation Muncie Ind. 1,844 1,929 -4.41 14,923,097
Spend Life Wisely Company, Inc. Durant Okla. 1,844 1,707 8.03 11,712,373
97 EB Acquisition Company II LLC Dallas Tex. 1,827 2,131 -14.27 18,797,454
EB Acquisition Company, LLC University Park Tex. 1,827 2,131 -14.27 18,797,454
NBT Bancorp Inc. Norwich N.Y. 1,827 1,822 0.27 11,574,947
100 Cadence Bancorporation Houston Tex. 1,816 1,794 1.23 18,693,074
101 Eastern Bankshares, Inc. Boston Mass. 1,797 1,824 -1.48 17,050,068
102 Park National Corporation Newark Ohio 1,710 1,811 -5.58 9,943,016
103 Investors Bancorp, Inc. Short Hills N.J. 1,688 1,808 -6.64 26,806,013
104 Great Western Bancorp, Inc. Sioux Falls S.D. 1,662 1,673 -0.66 13,070,229
105 State Bankshares, Inc. Fargo N.D. 1,652 1,372 20.41 10,305,553
106 Bremer Financial Corporation Saint Paul Minn. 1,611 1,637 -1.59 15,833,979
107 Texas Capital Bancshares, Inc. Dallas Tex. 1,557 1,620 -3.89 35,228,542
108 Independent Bank Group, Inc. McKinney Tex. 1,539 1,456 5.70 18,447,721
109 Dollar Mutual Bancorp Pittsburgh Pa. 1,537 1,398 9.94 11,296,033
110 Pacific Premier Bancorp, Inc. Irvine Calif. 1,521 1,547 -1.68 20,529,486
111 First Financial Bankshares, Inc. Abilene Tex. 1,518 1,465 3.62 12,329,083
112 First Busey Corporation Champaign Ill. 1,503 1,480 1.55 12,415,449
113 Sterling Bancorp Pearl River N.Y. 1,491 1,617 -7.79 29,143,918
114 John Deere Capital Corporation Reno Nev. 1,472 1,570 -6.24 43,089,897
115 Hope Bancorp, Inc. Los Angeles Calif. 1,449 1,475 -1.76 17,469,931
116 BankUnited, Inc. Miami Lakes Fla. 1,429 1,496 -4.48 35,705,937
117 Berkshire Hills Bancorp, Inc. Boston Mass. 1,417 1,545 -8.28 12,279,479
118 First Commonwealth Financial Corporation Indiana Pa. 1,392 1,465 -4.98 9,402,402
119 Independent Bank Corp. Rockland Mass. 1,363 1,393 -2.15 14,195,859
120 Apple Financial Holdings, Inc. New York N.Y. 1,318 1,212 8.75 16,037,855
121 Triumph Bancorp, Inc. Dallas Tex. 1,206 1,132 6.54 6,015,878
122 Cathay General Bancorp Los Angeles Calif. 1,173 1,212 -3.22 19,348,362
Sandy Spring Bancorp, Inc. Olney Md. 1,173 1,164 0.77 12,925,577
124 1st Source Corporation South Bend Ind. 1,168 1,190 -1.85 7,723,873
125 Axos Financial, Inc. Las Vegas Nev. 1,165 976 19.36 14,265,565
126 Provident Financial Services, Inc. Jersey City N.J. 1,157 1,003 15.35 13,216,955
127 National Bank Holdings Corporation Greenwood Village Colo. 1,154 1,259 -8.34 7,136,128
128 S&T Bancorp, Inc. Indiana Pa. 1,148 1,194 -3.85 9,495,832
129 Premier Financial Corp. Defiance Ohio 1,145 1,172 -2.30 7,597,587
130 Green Dot Corporation Pasadena Calif. 1,126 1,179 -4.50 4,288,564
131 The Bessemer Group, Incorporated New York N.Y. 1,117 1,088 2.67 3,821,366
132 Meta Financial Group, Inc. Sioux Falls S.D. 1,109 999 11.01 7,051,819
133 W.T.B. Financial Corporation Spokane Wash. 1,099 1,048 4.87 10,280,864
134 First Bancorp Southern Pines N.C. 1,088 1,103 -1.36 8,201,070
135 Republic Bancorp, Inc. Louisville Ky. 1,072 1,094 -2.01 6,183,310
136 Bangor Bancorp, MHC Bangor Maine 1,065 982 8.45 6,418,479
137 First Security Bancorp Searcy Ark. 1,040 1,038 0.19 8,061,800
138 Great Southern Bancorp, Inc. Springfield Mo. 1,035 1,073 -3.54 5,581,883
139 Johnson Financial Group, Inc. Racine Wis. 1,034 1,170 -11.62 5,782,074
140 TriCo Bancshares Chico Calif. 1,031 1,124 -8.27 8,170,365
141 Tompkins Financial Corporation Ithaca N.Y. 1,027 1,061 -3.20 7,988,208
142 FirstSun Capital Bancorp Denver Colo. 1,026 1,017 0.88 5,563,076
143 Fremont Bancorporation Fremont Calif. 1,015 964 5.29 5,470,666
144 Cass Information Systems, Inc. Saint Louis Mo. 1,004 981 2.34 2,272,332
145 OceanFirst Financial Corp. Red Bank N.J. 1,002 1,025 -2.24 11,498,833
146 CVB Financial Corp. Ontario Calif. 996 1,024 -2.73 15,539,288
147 HomeStreet, Inc. Seattle Wash. 992 987 0.51 7,167,951
148 Third Federal Savings and Loan Association of Cleveland, MHC Cleveland Ohio 988 1,009 -2.08 14,236,646
149 BancPlus Corporation Ridgeland Miss. 983 962 2.18 5,065,140
150 Independent Bank Corporation Grand Rapids Mich. 980 926 5.83 4,461,953
151 Community Trust Bancorp, Inc. Pikeville Ky. 961 979 -1.84 5,494,163
152 First Mid Bancshares, Inc. Mattoon Ill. 960 828 15.94 5,790,582
153 Enterprise Financial Services Corp Clayton Mo. 947 816 16.05 10,346,993
154 Seacoast Banking Corporation of Florida Stuart Fla. 946 924 2.38 9,316,833
155 Byline Bancorp, Inc. Chicago Ill. 942 984 -4.27 6,540,602
156 Peoples Bancorp Inc. Marietta Ohio 925 894 3.47 5,067,634
157 City Holding Company Charleston W.Va. 914 915 -0.11 5,903,495
Midland States Bancorp, Inc. Effingham Ill. 914 1,010 -9.50 6,630,010
159 FB Corporation Creve Coeur Mo. 906 1,007 -10.03 6,769,727
160 Univest Financial Corporation Souderton Pa. 901 892 1.01 6,356,305
161 Farmers & Merchants Investment, Inc. Lincoln Neb. 900 870 3.45 6,049,642
162 Happy Bancshares, Inc. Canyon Tex. 894 749 19.36 6,262,359
163 First Financial Corporation Terre Haute Ind. 884 927 -4.64 4,747,580
164 First Bancshares, Inc. Merrillville Ind. 877 890 -1.46 5,894,180
165 First American Bank Corporation Elk Grove Village Ill. 873 802 8.85 5,748,184
166 Amarillo National Bancorp, Inc. Amarillo Tex. 866 838 3.34 7,527,759
167 Dickinson Financial Corporation II Kansas City Mo. 854 971 -12.05 3,461,931
168 INTRUST Financial Corporation Wichita Kan. 847 869 -2.53 7,300,326
169 Community Bancshares of Mississippi, Inc. Brandon Miss. 831 803 3.49 4,314,212
170 Brookline Bancorp, Inc. Boston Mass. 823 812 1.35 8,483,367
Stock Yards Bancorp, Inc. Louisville Ky. 823 620 32.74 6,090,948
172 Heritage Financial Corporation Olympia Wash. 819 877 -6.61 7,105,672
173 Southside Bancshares, Inc. Tyler Tex. 817 841 -2.85 7,182,408
174 Waterstone Financial, Inc. Wauwatosa Wis. 815 782 4.22 2,198,500
175 Central Pacific Financial Corp. Honolulu Hawaii 813 833 -2.40 7,178,481
176 Horizon Bancorp, Inc. Michigan City Ind. 810 816 -0.74 6,109,227
177 Dime Community Bancshares, Inc. Hauppauge N.Y. 809 481 68.191 12699492
178 Alpine Banks of Colorado Glenwood Springs Colo. 794 753 5.4449 5791993
179 Stockman Financial Corporation Miles City Mont. 792 771 2.7237 5197983
180 The First Bancshares, Inc. Hattiesburg Miss. 777 783 -0.766 5509499
181 TrustCo Bank Corp NY Glenville N.Y. 769 806 -4.591 6122617
182 Capital City Bank Group, Inc. Tallahassee Fla. 759 749 1.3351 4011156
183 Carter Bankshares, Inc. Martinsville Va. 757 NA NA 4120513
184 First Command Financial Services, Inc. Fort Worth Tex. 756 719 5.146 1390690
185 First State Bancshares, Inc. Farmington Mo. 754 721 4.577 3586018
186 Capitol Federal Financial, Inc. Topeka Kan. 747 764 -2.225 9670141
187 Origin Bancorp, Inc. Ruston La. 746 748 -0.267 7268877
188 German American Bancorp, Inc. Jasper Ind. 743 824 -9.83 5351569
189 MidWestOne Financial Group, Inc. Iowa City Iowa 739 762 -3.018 5749215
190 QCR Holdings, Inc. Moline Ill. 725 712 1.8258 5805164
191 Amerant Bancorp Inc. Coral Gables Fla. 723 825 -12.36 7532844
192 Watford City Bancshares, Inc. Watford City N.D. 720 645 11.628 4363585
193 HBT Financial, Inc. Bloomington Ill. 708 753 -5.976 3953677
194 Live Oak Bancshares, Inc. Wilmington N.C. 701 640 9.5313 8243186
195 Lakeland Bancorp, Inc. Oak Ridge N.J. 698 700 -0.286 7854642
196 RCB Holding Company, Inc. Claremore Okla. 690 744 -7.258 3797503
197 Veritex Holdings, Inc. Dallas Tex. 681 643 5.9098 9349525
198 Westamerica Bancorporation San Rafael Calif. 671 741 -9.447 7148556
199 South Plains Financial, Inc. Lubbock Tex. 659 655 0.6107 3712915
200 CNB Financial Corporation Clearfield Pa. 649 583 11.321 5148334

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. 15, 2021.

© 2021 American Banker

Source:

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

Workforce management Banks, thrifts and holding companies