Top 100 Banking Companies in Market Capitalization (Q4 1999)

January 13, 2000, 10:08 a.m. EST 1 Min Read

View Table

Printer Friendly Version

Top 100 Banking Companies in Market Capitalization (Q4 1999)
(Dollar amounts in millions) Published January 13, 2000

Rank 12/31	Rank 9/30	Company Name	Market Capitalization		Percent Change
Rank 12/31	Rank 9/30	Company Name	12/31/99	9/30/99	Percent Change
1	1	Citigroup Inc., New York	$187,760	$148,790	26.19%
2	2	Bank of America Corp., Charlotte, N.C.	85,679	96,195	-10.93
3	3	Wells Fargo & Co., San Francisco	66,411	65,351	1.62
4	4	Chase Manhattan Corp., New York	64,075	62,741	2.13
5	5	Bank One Corp., Chicago	36,700	40,827	-10.11
6	6	First Union Corp., Charlotte, N.C.	32,534	34,080	-4.54
7	7	FleetBoston Financial, Boston	31,873	33,753	-5.57
8	8	Bank of New York Co.	29,456	25,413	15.91
9	15	Fifth Third Bancorp, Cincinnati, Ohio	22,403	16,503	35.75
10	11	SunTrust Banks Inc., Atlanta	22,018	21,153	4.09
11	12	J.P. Morgan & Co., New York	21,924	20,058	9.30
12	13	MBNA Corp., Wilmington, Del.	21,849	18,291	19.45
13	9	Firstar Corp., Milwaukee	20,707	25,196	-17.82
14	10	U.S. Bancorp, Minneapolis	17,327	22,086	-21.55
15	14	Mellon Financial Corp., Pittsburgh	17,326	17,355	-0.17
16	16	National City Corp., Cleveland	14,606	16,496	-11.46
17	17	Wachovia Corp., Winston-Salem, N.C.	13,786	15,900	-13.30
18	18	PNC Bank Corp., Pittsburgh	13,096	15,596	-16.03
19	22	Northern Trust Corp., Chicago	11,797	9,308	26.74
20	20	State Street Corp., Boston	11,689	10,419	12.19
21	19	KeyCorp, Cleveland	9,897	11,583	-14.56
22	21	BB&T Corp., Winston-Salem, N.C.	8,720	10,237	-14.82
23	23	Amsouth Bancorp, Birmingham, Ala.	7,553	9,223	-18.11
24	24	Comerica Inc., Detroit	7,301	7,913	-7.73
25	30	Marshall & Ilsley Corp., Milwaukee	6,690	5,885	13.68
26	29	Unionbancal Corp., San Francisco (F)	6,493	5,967	8.82
27	28	SouthTrust Corp., Birmingham, Ala.	6,345	6,008	5.61
28	31	Union Planters Corp., Memphis	5,562	5,826	-4.53
29	33	Synovus Financial Corp., Columbus, Ga.	5,561	5,070	9.68
30	25	Regions Financial Corp., Birmingham, Ala.	5,494	6,717	-18.21
31	27	Huntington Bancshares, Columbus, Ohio	5,486	6,118	-10.33
32	32	Summit Bancorp, Princeton, N.J.	5,322	5,743	-7.33
33	37	Zions Bancorp, Salt Lake City, Utah	5,061	4,355	16.21
34	35	First Security Corp., Salt Lake City, Utah	4,998	4,643	7.65
35	36	Old Kent Financial Corp., Grand Rapids, Mich.	4,164	4,403	-5.43
36	34	Charter One Financial Inc., Cleveland, Ohio	4,058	4,965	-18.27
37	38	Popular Inc., San Juan, P.R.	3,793	3,770	0.61
38	39	First Tennessee National Corp., Memphis	3,716	3,674	1.14
39	40	M & T Bank Corp., Buffalo	3,227	3,612	-10.66
40	41	Compass Bancshares, Birmingham, Ala.	2,536	2,841	-10.74
41	45	National Commerce Bancorp., Memphis	2,456	2,311	6.27
42	43	BancWest Corp., Honolulu	2,429	2,526	-3.84
43	42	North Fork Bancorp Inc., Melville, N.Y.	2,266	2,707	-16.29
44	49	Mercantile Bankshares Corp., Baltimore	2,201	2,142	2.75
45	47	Associated Banc-Corp., Green Bay, Wis.	2,191	2,289	-4.28
46	48	First Virginia Banks Inc., Falls Church, Va.	2,137	2,185	-2.20
47	50	Commerce Bancshares, Kansas City, Mo.	2,127	2,123	0.19
48	46	Firstmerit Corp., Akron, Ohio	2,065	2,295	-10.02
49	44	TCF Financial Corp., Minneapolis	2,063	2,383	-13.43
50	53	CCB Financial Corp., Durham, N.C.	1,754	1,653	6.11
Rank 12/31	Rank 9/30	Company Name	Market Capitalization		Percent Change
Rank 12/31	Rank 9/30	Company Name	12/31/99	9/30/99	Percent Change
51	51	Hibernia Corp., New Orleans	$1,703	$1,862	-8.54%
52	59	Valley National Bancorp, Wayne, N.J.	1,692	1,502	12.65
53	61	Sky Financial Group, Bowling Green, Ohio	1,572	1,428	10.08
54	56	Wilmington Trust Corp., Del.	1,572	1,610	-2.36
55	55	Trustmark Corp., Jackson, Miss.	1,540	1,620	-4.94
56	57	Provident Financial Group, Cincinnati	1,531	1,588	-3.59
57	54	Pacific Century Financial Corp., Honolulu	1,499	1,640	-8.60
58	60	U.S. Trust Corp., New York	1,497	1,481	1.08
59	58	City National Corp., Beverly Hills, Calif.	1,495	1,530	-2.29
60	63	Old National Bancorp, Evansville, Ind.	1,479	1,334	10.87
61	62	Cullen/Frost Bankers Inc., San Antonio	1,367	1,337	2.24
62	64	UST Corp., Boston	1,360	1,315	3.42
63	68	Centura Banks Inc., Rocky Mount, N.C.	1,239	1,178	5.18
64	65	Fulton Financial Corp., Lancaster, Pa.	1,236	1,295	-4.56
65	66	Colonial Banc Group Inc., Montgomery, Ala.	1,161	1,251	-7.19
66	71	Commerce Bancorp Inc., Cherry Hill, N.J.	1,134	1,153	-1.65
67	NR	Silicon Valley Bancshares, Santa Clara, Calif.	1,105	503	119.68
68	73	First Midwest Bancorp, Itasca, Ill.	1,088	1,061	2.54
69	69	WestAmerica Bancorp, San Rafael, Calif.	1,051	1,161	-9.47
70	72	Keystone Financial Inc., Harrisburg, Pa.	1,026	1,152	-10.94
71	70	One Valley Bancorp Inc., Charleston, W.Va.	1,023	1,154	-11.35
72	74	United Bankshares Inc., Charleston, W.Va.	1,020	1,051	-2.95
73	79	Imperial Bancorp, Inglewood, Calif.	1,002	882	13.61
74	75	First Financial Bancorp, Hamilton, Ohio	1,002	1,001	0.10
75	67	Hudson United Bancorp, Mahwah, N.J.	993	1,199	-17.18
76	78	BOK Financial Corp., Tulsa, Okla.	990	927	6.80
77	77	Park National Corp., Newark, Ohio	934	938	-0.43
78	76	BancorpSouth Inc., Tupelo, Miss.	933	970	-3.81
79	87	National Bancorp of Alaska, Anchorage	848	774	9.56
80	82	Chittenden Corp., Burlington, Vt.	840	798	5.26
81	86	Whitney Holding Corp., New Orleans	837	787	6.35
82	81	UMB Financial Corp., Kansas City, Mo.	815	830	-1.81
83	84	Community First Bankshares, Fargo, N.D.	787	794	-0.88
84	88	International Bancshares Corp., Laredo, Tex.	763	771	-1.04
85	80	Pacific Capital Bancorp, Santa Barbara, Calif.	754	843	-10.56
86	85	First Commonwealth Financial Corp., Indiana, Pa.	744	790	-5.82
87	91	First Citizens Bancshares Inc., Raleigh, N.C.	741	683	8.49
88	83	Trustco Bank N.Y. Co., Schenectady	710	794	-10.58
89	95	Amcore Financial Inc., Rockford, Ill.	678	584	16.10
90	94	F&M National Corp., Winchester, Va.	633	599	5.68
91	93	S&T Bancorp, Indiana, Pa.	625	617	1.30
92	90	BankNorth Group Inc., Burlington, Vt.	624	695	-10.22
93	89	Citizens Banking Corp., Flint, Mich.	595	699	-14.88
94	96	First Bancorp, Santurce, P.R.	591	573	3.14
95	92	Susquehanna Bancshares Inc., Lititz, Pa.	587	638	-7.99
96	NR	Southwest Bancorp, Houston	554	502	10.36
97	NR	Rebublic Bancorp, Owosso, Mich.	551	477	15.51
98	NR	Greater Bay Bancorp, Palo Alto, Calif.	526	384	36.98
99	100	WesBanco Inc., Wheeling, W.Va.	519	515	0.78
100	NR	Triangle Bancorp, Raleigh, N.C.	489	467	4.71
Totals for the Top 100 Banking Companies in Market Capitalization ($ in millions)			$926,737	$906,415	2.24%

Source: American Banker, a Thomson Financial company, ILX Systems, Inc., a Thomson Financial company.
Prior period rankings have been restated for mergers.
Total Shares Outstanding are calculated as of December 31, for the Nasdaq, New York Stock Exchange and American Stock Exchange.
Split adjusted through December 31, 1999. Quarter percent change is based on Stock price from 9/30/99 and 12/31/99. Market Capitalization is calculated by multiplying the total shares outstanding by the end of the fourth quarter stock price. N.R.-not ranked in American Banker's Top 100 as of September 30, 1999.
(F) more than 50%controlled by foreign institution. Historical Reference: 1999: Jan. 11, Apr. 12, July 15, Oct. 4; 1998: Jan. 12, Apr. 13, July 16, Oct. 13; 1997: Jan. 17, Apr. 11, July 17, Oct. 16. 1996: Jan. 12, Apr. 12, July 11, Oct. 15; 1995:Jan. 9, July 18
© 2000 American Banker