20 U.S. banks with the most construction loans at the end of Q4

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The top five banks in the ranking have combined construction loans of more than $72 billion as of December 31, 2023.

While the proportion of loans and leases for most banks is less than 10%, for one bank, the proportion is significantly higher at 44.0%.

Scroll through to see which banks are in the top 20 and how they fared in the year ending on December 31, 2023.

Source: S&P Capital IQ

Chart of construction loan volume in Q4 data where Pinnacle Financial Partners is ranked 20th with a total construction loan volume amounting to $4,040,000,000.
Pinnacle Financial Partners ranked 20th with $4,040,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where First Horizon Bank is ranked 19th with a total construction loan volume amounting to $4,120,000,000.
First Horizon Bank ranked 19th with $4,120,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where First Citizens Bank is ranked 18th with a total construction loan volume amounting to $4,370,000,000.
First Citizens Bank ranked 18th with $4,370,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where RBC is ranked 17th with a total construction loan volume amounting to $4,410,000,000.
RBC ranked 17th with $4,410,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Zions is ranked 16th with a total construction loan volume amounting to $4,480,000,000.
Zions Bank ranked 16th with $4,480,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Santander Bank is ranked 15th with a total construction loan volume amounting to $4,620,000,000.
Santander Bank ranked 15th with $4,620,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Western Alliance Bank is ranked 14th with a total construction loan volume amounting to $4,880,000,000.
Western Alliance Bank ranked 14th with $4,880,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Comerica Bank is ranked 13th with a total construction loan volume amounting to $5,290,000,000.
Comerica Bank ranked 13th with $5,290,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Fifth Third Bank is ranked 12th with a total construction loan volume amounting to $5,770,000,000.
Fifth Third Bank ranked 12th with $5,770,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where BMO is ranked 11th with a total construction loan volume amounting to $6,130,000,000.
BMO ranked 11th with $6,130,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where PNC Bank is ranked 10th with a total construction loan volume amounting to $6,200,000,000.
PNC Bank ranked 10th with $6,200,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Citibank is ranked 9th with a total construction loan volume amounting to $6,440,000,000.
Citibank ranked 9th with $6,440,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Citizens Bank is ranked 8th with a total construction loan volume amounting to $7,370,000,000.
Citizens Bank ranked 8th with $7,370,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where M&T Bank is ranked 7th with a total construction loan volume amounting to $7,750,000,000.
M&T Bank ranked 7th with $7,750,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Truist Bank is ranked 6th with a total construction loan volume amounting to $8,220,000,000.
Truist Bank ranked 6th with $8,220,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where U.S. Bank is ranked 5th with a total construction loan volume amounting to $10,910,000,000.
U.S. Bank ranked 5th with $10,910,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Bank OZK is ranked 4th with a total construction loan volume amounting to $11,650,000,000.
Bank OZK ranked 4th with $11,650,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Bank of America is ranked 3rd with a total construction loan volume amounting to $12,160,000,000.
Bank of America ranked 3rd with $12,160,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where JPMorgan Chase is ranked 2nd with a total construction loan volume amounting to $14,890,000,000.
JPMorgan Chase ranked 2nd with $14,890,000,000 in total construction loans.
Chart of construction loan volume in Q4 data where Wells Fargo is ranked 1st with a total construction loan volume amounting to $22,450,000,000.
Wells Fargo ranked 1st with $22,450,000,000 in total construction loans.
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