The 20 banks increasing their assets the most

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The top five banks in the ranking had an average increase in their assets of 30.7% between 2023 and 2024. While 19 of the banks saw an average increase of 15.7% in their assets year-over-year, Provident Bank's increase was substantially larger, with a change of 69.3%.

Scroll through to see which banks are in the top 20 and how they fared.

Source: S&P

Banks with the largest increase in assets in Q4 2024

Rank Company name YOY change Total assets 2024Q4 Total assets 2023Q4
20 Pinnacle Financial Partners 9.7% $52,589,449,000 $47,959,883,000
19 Merchants Bank 10.9% $18,805,732,000 $16,952,517,000
18 Bank OZK 11.7% $38,258,852,000 $34,237,457,000
17 BNP Paribas 12.2% $68,561,562,000 $61,087,589,000
16 EverBank 12.8% $40,807,222,000 $36,163,959,000
15 IDB Bank 13.4% $13,856,139,000 $12,219,446,000
14 Optum Bank 13.7% $18,649,000,000 $16,395,000,000
13 Western Alliance Bank 14.2% $80,934,241,000 $70,862,471,000
12 UMB Bank 14.5% $50,409,664,000 $44,011,674,000
11 Live Oak Bank 14.8% $12,943,379,000 $11,271,422,000
10 Wintrust 15.3% $64,879,668,000 $56,249,597,000
9 Atlantic Union Bank 16.1% $24,585,447,000 $21,168,990,000
8 Fulton Bank 16.3% $31,985,952,000 $27,495,457,000
7 State Street 18.8% $353,240,000,000 $297,258,000,000
6 SMBC 19.6% $39,356,595,000 $32,899,000,000
5 LendingClub 20.4% $10,630,509,000 $8,827,463,000
4 SoFi 20.5% $36,250,951,000 $30,074,858,000
3 Eastern Bank 20.9% $25,559,377,000 $21,134,039,000
2 WaFd Bank 22.3% $27,684,454,000 $22,640,122,000
1 Provident Bank 69.3% $24,051,825,000 $14,210,810,000

Limited to banks with over $10,000,000,000 in assets as of Q4 2024

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