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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