Commercial banking

The top five banks on this list have combined deposits of nearly $7.5 trillion.

Executives at the Alabama-based bank said the aftermath of Nov. 5 will hopefully provide a sense of certainty that coaxes companies into jump-starting their strategic plans.

The Dallas bank has spent the last three years building itself into a new company. Now, it has to prove the investments will pay off.

The North Carolina-based company expects its revenue to outpace expenses next year — a goal that has proven elusive over the five years of Truist's existence.

The Cleveland-based bank took a hit from a large bond sale, leading to a quarterly loss. But net interest income rose, and the company expects that metric to hit a key milestone in the fourth quarter.

The New York-based investment bank reported higher revenues across all business lines, with double-digit increases in wealth management and investment banking.

The regional bank's earnings were impacted by challenges in its office loan portfolio, though its overall results were a mixed bag, with its nascent private bank showing momentum.

The top five banks and thrifts had combined assets of more than $13 trillion as of June 30, 2024.

Caution among business owners has held down loans at the megabank and many of its smaller competitors. But third-quarter earnings suggest activity is rebounding.

Analysts peppered CEO Jane Fraser with questions about whether Citigroup, already hit hard by its regulators, could face asset growth restrictions. She said there is "absolutely nothing" in the works that could impact the megabank's businesses.