Top 100 Banking Companies (Q1 2000)
| | |
| dollars in millions; (f) foreign-owned Published May 15, 2000 | |
| Rank | Ticker Symbol | Company Name | Total Assets | Percent Change | |
|---|---|---|---|---|---|
| 3/31/2000 | 3/31/1999 | ||||
| 1 | C | Citigroup Inc., New York * | $738,205.0 | $690,500.0 | 6.91% |
| 2 | BAC | Bank of America Corp., Charlotte, N.C. | 656,113.0 | 614,245.0 | 6.82% |
| 3 | CMB | Chase Manhattan Corp., New York | 391,484.0 | 361,258.0 | 8.37% |
| 4 | JPM | J.P. Morgan & Co., New York | 284,562.0 | 269,070.0 | 5.76% |
| 5 | ONE | Bank One Corp., Chicago | 273,008.0 | 250,402.0 | 9.03% |
| 6 | FTU | First Union Corp., Charlotte, N.C. | 253,648.0 | 222,700.0 | 13.90% |
| 7 | WFC | Wells Fargo & Co., San Francisco | 222,276.0 | 201,430.0 | 10.35% |
| 8 | WM | Washington Mutual Inc., Seattle (T) | 188,605.2 | 174,295.1 | 8.21% |
| 9 | FBF | FleetBoston Financial Corp., Boston | 187,814.0 | 181,873.0 | 3.27% |
| 10 | STI | SunTrust Banks Inc., Atlanta | 96,041.0 | 91,122.5 | 5.40% |
| 11 | NCC | National City Corp., Cleveland | 86,895.4 | 84,094.5 | 3.33% |
| 12 | HBC | HSBC USA Inc., New York (a) (f) | 86,440.1 | 33,773.3 | 155.94% |
| 13 | KEY | KeyCorp, Cleveland | 83,504.0 | 79,992.0 | 4.39% |
| 14 | USB | U.S.Bancorp, Minneapolis | 83,072.0 | 76,110.0 | 9.15% |
| 15 | BK | Bank of New York, New York | 76,041.0 | 64,917.0 | 17.14% |
| 16 | PNC | PNC Financial Services Group, Pittsburgh ** | 74,307.0 | 74,868.0 | (0.75%) |
| 17 | FSR | Firstar Corp., Milwaukee | 73,059.9 | 73,581.6 | (0.71%) |
| 18 | WB | Wachovia Corp., Winston-Salem, N.C. | 68,817.0 | 65,319.0 | 5.36% |
| 19 | STT | State Street Corp., Boston | 60,530.0 | 49,750.0 | 21.67% |
| 20 | GSB | Golden State Bancorp, San Francisco (T) | 59,015.1 | 56,232.1 | 4.95% |
| 21 | MEL | Mellon Financial Corp., Pittsburgh | 47,381.0 | 49,384.0 | (4.06%) |
| 22 | BBT | BB&T Corp., Winston-Salem, N.C. | 46,629.2 | 42,826.2 | 8.88% |
| 23 | GDW | Golden West Financial Corp., Oakland, Calif. (T) | 45,636.2 | 38,666.1 | 18.03% |
| 24 | FITB | Fifth Third Bancorp, Cincinnati | 44,388.8 | 38,061.1 | 16.63% |
| 25 | SOTR | Southtrust Corp., Birmingham | 43,866.3 | 39,016.1 | 12.43% |
| Rank | Ticker Symbol | Company Name | Total Assets | Percent Change | |
| 3/31/2000 | 3/31/1999 | ||||
| 26 | ASO | Amsouth Bancorp , Birmingham | 43,680.5 | 40,405.8 | 8.10% |
| 27 | RGBK | Regions Financial Corp., Birmingham | 41,418.4 | 38,601.8 | 7.30% |
| 28 | CMA | Comerica Inc., Detroit | 39,660.0 | 36,448.0 | 8.81% |
| 29 | SUB | Summit Bancorp, Princeton, N.J. | 38,064.5 | 33,477.4 | 13.70% |
| 30 | UB | Unionbancal Corp., San Francisco (f) | 33,616.4 | 32,347.6 | 3.92% |
| 31 | UPC | Union Planters Corp., Memphis | 33,350.5 | 33,669.2 | (0.95%) |
| 32 | NTRS | Northern Trust Corp., Chicago | 33,219.4 | 27,554.6 | 20.56% |
| 33 | KRB | MBNA Corp., Wilmington, Del. | 31,419.5 | 27,521.7 | 14.16% |
| 34 | SVRN | Sovereign Bancorp, Philadelphia (T) | 30,878.0 | 23,188.1 | 33.16% |
| 35 | CF | Charter One Financial, Cleveland | 30,619.7 | 30,512.1 | 0.35% |
| 36 | ABN | LaSalle National Corp., Chicago (f) (g) | 30,426.6 | 28,982.5 | 4.98% |
| 37 | RBS | Citizens Financial Group, Providence, R.I. (f) (Q2) | 29,335.3 | 18,925.8 | 55.00% |
| 38 | HBAN | Huntington Bancshares, Columbus, Ohio | 28,952.6 | 28,422.3 | 1.87% |
| 39 | BMO | Harris Bank, Chicago (f) | 28,006.0 | 25,323.0 | 10.60% |
| 40 | BPOP | Popular Inc., San Juan, P.R. | 25,302.0 | 23,174.1 | 9.18% |
| 41 | MI | Marshall & Ilsley Corp., Milwaukee | 24,921.4 | 21,989.6 | 13.33% |
| 42 | DME | Dime Bancorp, New York (T) | 24,180.0 | 21,550.0 | 12.20% |
| 43 | FSCO | First Security Corp., Salt Lake City, Utah | 23,336.6 | 21,959.2 | 6.27% |
| 44 | MTB | M&T Bancorp, Buffalo, N.Y. | 22,761.6 | 20,284.8 | 12.21% |
| 45 | ASFC | Astoria Financial Corp., Lake Success, N.Y. (T) | 22,589.8 | 23,001.9 | (1.79%) |
| 46 | ZION | Zions Bancorp, Salt Lake City | 20,996.6 | 18,526.4 | 13.33% |
| 47 | FTN | First Tennessee National Corp., Memphis | 20,071.6 | 18,325.0 | 9.53% |
| 48 | OK | Old Kent Financial Corp., Grand Rapids, Mich. | 19,664.9 | 18,722.2 | 5.04% |
| 49 | CBSS | Compass Bancshares Inc., Birmingham | 18,466.8 | 17,577.9 | 5.06% |
| 50 | BWE | BancWest Corp., Honolulu (f) | 17,528.0 | 16,272.0 | 7.72% |
| Rank | Ticker Symbol | Company Name | Total Assets | Percent Change | |
| 3/31/2000 | 3/31/1999 | ||||
| 51 | AIB | Allfirst Financial Inc., Baltimore (f) (g) | 17,507.3 | 18,294.9 | (4.31%) |
| 52 | BNKU | BankUnited Corp., Houston (Q2) | 17,388.4 | 14,995.3 | 15.96% |
| 53 | HIB | Hibernia Corp., New Orleans, La. | 15,741.8 | 14,283.7 | 10.21% |
| 54 | GPT | Greenpoint Financial Corp., New York (T) | 15,175.8 | 15,265.9 | (0.59%) |
| 55 | NFB | North Fork Bancorp, Melville, N.Y. | 15,024.8 | 12,834.3 | 17.07% |
| 56 | BOH | Pacific Century Financial Corp., Honolulu | 14,250.4 | 14,928.3 | (4.54%) |
| 57 | PHBK | Peoples Heritage Financial Group, Portland, Me. (m) (T) | 13,803.6 | 12,594.3 | 9.60% |
| 58 | CFB | Commercial Federal Corp., Omaha | 13,299.6 | 12,866.5 | 3.37% |
| 59 | SNV | Synovus Financial Corp., Columbus, Ga. | 13,048.2 | 10,942.6 | 19.24% |
| 60 | ASBC | Associated Banc-Corp., Green Bay, Wis. | 12,734.6 | 11,301.8 | 12.68% |
| 61 | COF | Capital One Financial Corp., Falls Church, Va. | 12,525.1 | 10,151.6 | 23.38% |
| 62 | PFGI | Provident Financial Group, Cincinnati | 11,746.0 | 9,440.8 | 24.42% |
| 63 | CNB | Colonial BancGroup Inc., Montgomery, Ala. | 11,223.0 | 10,639.4 | 5.49% |
| 64 | CBSH | Commerce Bancshares, Kansas City, Mo. | 11,207.0 | 11,072.0 | 1.22% |
| 65 | CBC | Centura Banks Inc., Rocky Mount, N.C. | 11,206.6 | 10,868.5 | 3.11% |
| 66 | NAB | Michigan National Corp.,Farmington Hills (f) | 11,183.0 | 10,542.0 | 6.08% |
| 67 | TCB | TCF Financial Corp., Minneapolis | 10,761.8 | 10,200.7 | 5.50% |
| 68 | PBCT | People's Bank, Bridgeport, Conn. (T) | 10,648.5 | 9,988.3 | 6.61% |
| 69 | FMER | FirstMerit Corp., Akron, Ohio | 10,375.1 | 9,175.2 | 13.08% |
| 70 | WBST | Webster Financial Corp., Waterbury, Conn. (T) | 10,061.0 | 9,931.7 | 1.30% |
| 71 | DSL | Downey Financial Corp., Newport Beach, Calif. (T) | 9,959.0 | 6,594.1 | 51.03% |
| 72 | FCNCA | First Citizens Bancshares, Raleigh, N.C. | 9,880.7 | 9,702.2 | 1.84% |
| 73 | FVB | First Virginia Banks Inc., Falls Church, Va. | 9,516.7 | 9,540.9 | (0.25%) |
| 74 | HU | Hudson United Bancorp, Mahwah, N.J. | 9,318.4 | 7,046.1 | 32.25% |
| 75 | - | Sanwa Bank California, Los Angeles | 9,203.6 | 8,358.6 | 10.11% |
| Rank | Ticker Symbol | Company Name | Total Assets | Percent Change | |
| 3/31/2000 | 3/31/1999 | ||||
| 76 | HCBK | Hudson City Bancorp, Paramus, N.J. (T) | 8,777.8 | 7,879.9 | 11.39% |
| 77 | CCB | CCB Financial Corp., Durham, N.C. | 8,549.7 | 7,771.6 | 10.01% |
| 78 | BOKF | BOK Financial Corp., Tulsa, Okla. | 8,549.6 | 7,291.0 | 17.26% |
| 79 | CYN | City National Corp., Beverly Hills, Calif. | 8,423.5 | 6,284.3 | 34.04% |
| 80 | FINN | First National of Nebraska, Omaha *** | 8,402.0 | 7,742.5 | 8.52% |
| 81 | OLDB | Old National Bancorp, Evansville, Ind. | 8,180.6 | 7,583.1 | 7.88% |
| 82 | MRBK | Mercantile Bankshares Corp., Baltimore | 8,071.0 | 7,584.6 | 6.41% |
| 83 | SKYF | Sky Financial Group, Bowling Green, Ohio | 8,031.3 | 7,674.7 | 4.65% |
| 84 | CBCF | Citizens Banking Corp., Flint, Mich. | 7,936.3 | 7,046.0 | 12.64% |
| 85 | CFFN | Capitol Federal Financial, Topeka, Ks. (T) | 7,607.2 | 5,730.9 | 32.74% |
| 86 | RSLN | Roslyn Bancorp, Roslyn, N.Y. (T) | 7,416.9 | 7,628.3 | (2.77%) |
| 87 | - | Emigrant Savings Bank, New York * (T) | 7,400.0 | 6,226.4 | 18.85% |
| 88 | UMBF | UMB Financial Corp., Kansas City, Mo. | 7,303.8 | 7,346.5 | (0.58%) |
| 89 | WL | Wilmington Trust Corp., in Del. | 7,217.9 | 6,285.8 | 14.83% |
| 90 | NCBC | National Commerce Bancorp, Memphis | 7,180.0 | 6,296.4 | 14.03% |
| 91 | CFR | Cullen/Frost Bankers Inc., San Antonio | 7,019.4 | 6,714.4 | 4.54% |
| 92 | KSTN | Keystone Financial Inc., Harrisburg, Pa. | 7,012.3 | 6,829.5 | 2.68% |
| 93 | IMP | Imperial Bancorp, Inglewood, Calif. | 7,001.5 | 6,420.7 | 9.05% |
| 94 | CBH | Commerce Bancorp, Cherry Hill, NJ | 6,926.8 | 6,635.8 | 4.39% |
| 95 | TRMK | Trustmark Corp., Jackson, Miss. | 6,741.0 | 6,532.0 | 3.20% |
| 96 | ICBC | Independence Community Bank Corp., New York (Q4) (T) | 6,604.2 | 5,537.0 | 19.27% |
| 97 | OV | One Valley Bancorp, Charleston, W.Va. | 6,473.5 | 5,973.9 | 8.36% |
| 98 | BVC | Bay View Capital Corp., San Mateo, Calif. | 6,443.6 | 5,763.6 | 11.80% |
| 99 | WFSL | Washington Federal Inc., Seattle (T) | 6,346.8 | 5,773.6 | 9.93% |
| 100 | VLY | Valley National Corp., Wayne, N.J. | 6,292.7 | 6,041.2 | 4.16% |
Total Assets of Top 100 (dollars in millions) | $5,476,505.3 | $5,002,135.3 | 9.48% | ||
Compiled by American Banker.
Source: Company announcements and SEC filings. (T) - Thrifts
(a) On Dec. 31, 1999, HSBC USA Inc. ($34.4 billion-asset bank at Sept. 30, 1999) merged with Republic New York Corp. ($53.1 billion-asset bank at Sept. 30).
(f) Citizens Financial Group is owned by Royal Bank of Scotland PLC - Citizens bought UST Corp. (USTB) on Jan. 11, 2000; HSBC USA Inc. is a subsidiary of HSBC Group in London; Unionbancal Corp. is majority-owned by Bank of Tokyo-Mitsubishi Ltd.; LaSalle National Corp. is a subsidiary of ABN Amro Bank NV, Amsterdam, Netherlands; Allfirst Financial Inc. is owned by Allied Irish Banks plc -- the US banking company said it will only release yearend figures with its parent company, and would no longer release quarterly earnings; BancWest Corp. is minority owned by Banque Nationale de Paris; Harris Bank in Chicago, is owned by Bank of Montreal; Michigan National Corp. is a subsidiary of National Australia Bank; Sanwa Bank California is a unit of The Sanwa Bank Ltd., Japan.
(g) Assets as of Dec. 31, 1999. The company said it did not file an update on earnings at period end March 31.
(m) Peoples Heritage completed its acquisition of Banknorth Group on May 10, 2000. The company took the Banknorth Group name, and its ticker symbol changed to BKNGD.
* Estimated assets at March 31.
(Q2) Second quarter ended March 31, 2000.
(Q3) Third quarter ended March 31, 2000.
(Q4) Fourth quarter ended March 31, 2000.
**PNC Bank Corp. changed its name to PNC Financial Services Group on March 15, 2000.
*** First National of Nebraska reported first quarter earnings on May 11, 2000 for period end March 30.
©2000 American Banker