© 2025 Arizent. All rights reserved.
Banking

20 banks and thrifts with the largest portfolios of total securities

ByEditorial Staff
August 28, 2024 5:30 AM
Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.

The top five banks and thrifts in the ranking have more than $2.6 trillion in combined securities as of March 31. While many saw a decrease in their securities portfolios over the previous year, one achieved an increase of 24.7%.

Scroll through to see which banks and thrifts are in the top 20 and how they fared in the 12 months ending March 31.

Top banks ranked by total securities

Rank Company name City State/
territory		 2024Q1 total securities* ($000) 2023Q1 total securities* ($000) YOY change (%) 2024Q1
total assets
($000)
1 Bank of America Charlotte NC 900,983,000 787,412,000 14.4 3,273,803,000
2 JPMorgan Chase New York NY 572,891,000 611,312,000 -6.3 4,090,727,000
3 Citibank New York NY 501,895,000 500,114,000 0.4 2,432,510,000
4 Wells Fargo San Francisco CA 398,865,000 423,199,000 -5.8 1,959,160,000
5 Charles Schwab Westlake TX 270,265,000 324,835,000 -16.8 468,784,000
6 TD Bank Wilmington DE 163,542,282 190,275,628 -14 530,324,236
7 U.S. Bank Minneapolis MN 155,393,000 153,984,000 0.9 683,606,000
8 Morgan Stanley New York NY 153,095,000 158,075,000 -3.2 1,228,503,000
9 BNY New York NY 139,669,000 139,361,000 0.2 434,728,000
10 PNC Bank Pittsburgh PA 130,962,466 139,332,442 -6 566,181,447
11 Goldman Sachs New York NY 127,354,000 102,169,000 24.7 1,698,440,000
12 Truist Bank Charlotte NC 119,690,000 129,647,000 -7.7 534,959,000
13 USAA San Antonio TX 110,215,000 111,654,000 -1.3 217,199,000
14 State Street Bank Boston MA 102,668,000 108,865,000 -5.7 338,003,000
15 Capital One Bank McLean VA 79,337,528 82,709,838 -4.1 481,719,684
16 BMO Chicago IL 62,432,403 60,822,302 2.6 295,575,074
17 Ameriprise Financial Minneapolis MN 56,511,162 50,426,243 12.1 179,842,656
18 Fifth Third Bank Cincinnati OH 49,561,000 49,864,000 -0.6 214,506,000
19 Northern Trust Chicago IL 48,816,265 48,899,531 -0.2 156,110,990
20 KeyBank Cleveland OH 45,569,334 49,061,567 -7.1 187,530,705
American Banker_20 banks and thrifts with the largest portfolios of total securities__20.jpg
KeyBank ranked 20th with $45,569,334,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__19.jpg
Northern Trust ranked 19th with $48,816,265,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__18.jpg
Fifth Third Bank ranked 18th with $49,561,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__17.jpg
Ameriprise Financial ranked 17th with $56,511,162,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__16.jpg
BMO ranked 16th with $62,432,403,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__15.jpg
Capital One Bank ranked 15th with $79,337,528,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__14.jpg
State Street Bank ranked 14th with $102,668,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__13.jpg
USAA ranked 13th with $,110,215,000000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__12.jpg
Truist Bank ranked 12th with $119,690,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__11.jpg
Goldman Sachs ranked 11th with $127,354,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__10.jpg
PNC Bank ranked 10th with $130,962,466,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__9.jpg
BNY ranked 9th with $139,669,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__8.jpg
Morgan Stanley ranked 8th with $,153,095,000000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__7.jpg
U.S. Bank ranked 7th with $155,393,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__6.jpg
TD Bank ranked 6th with $163,542,282,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__5.jpg
Charles Schwab ranked 5th with $270,265,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__4.jpg
Wells Fargo ranked 4th with $398,865,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__3.jpg
Citibank ranked 3rd with $501,895,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__2.jpg
JPMorgan Chase ranked 2nd with $572,891,000,000 in total securities.
American Banker_20 banks and thrifts with the largest portfolios of total securities__.jpg
Bank of America ranked 1st with $900,983,000,000 in total securities.
Editorial Staff
Banking Commercial banking Consumer banking Industry News
MORE FROM AMERICAN BANKER