Top Financial Services Stocks by Total Assets
Top financial services companies ranked by total assets, latest annual filings.
What Total Assets Means for Financial Services Companies
In financial services, total assets comes close to describing the business itself rather than the equipment it works with. A bank's loans, securities and cash are its assets, funded by deposits it owes back to customers. An insurer holds invested reserves against future claims, and a broker carries client cash and margin lending. Totals here dwarf every other sector, and shareholder equity is a thin slice of the base.
Why It Matters in Financial Services
Scale on the asset side is what a lender earns from; the spread between what the loan book yields and what funding costs applies to a base many multiples of equity. That makes balance sheet growth the growth story here, and it makes return on assets in the low single digits perfectly normal in financial services rather than a weakness. The honest caveat is that a bigger book is not a better book; credit quality, not size, decides how it ends.
What to Read Alongside
Pair total assets with Return on Assets to see what the book earns, Return on Equity to see the same result once borrowing is counted, and Net Income for the profit the base finally produced.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | JPM | JPMorgan Chase & Co. | Financial Services | $4.42T | $887.08B |
| 2 | BAC | Bank of America Corporation | Financial Services | $3.41T | $349.73B |
| 3 | HSBC | HSBC Holdings plc | Financial Services | $3.23T | $311.94B |
| 4 | MUFG | Mitsubishi UFJ Financial Group, Inc. | Financial Services | $2.68T | $237.38B |
| 5 | C | Citigroup Inc. | Financial Services | $2.66T | $200.35B |
| 6 | SAN | Banco Santander, S.A. | Financial Services | $2.19T | $178.74B |
| 7 | WFC | Wells Fargo & Company | Financial Services | $2.15T | $248.09B |
| 8 | BCS | Barclays PLC | Financial Services | $2.08T | $74.04B |
| 9 | SMFG | Sumitomo Mitsui Financial Group, Inc. | Financial Services | $1.95T | $149.34B |
| 10 | MFG | Mizuho Financial Group, Inc. | Financial Services | $1.85T | $114.81B |
| 11 | GS | The Goldman Sachs Group, Inc. | Financial Services | $1.81T | $260.10B |
| 12 | DB | Deutsche Bank Aktiengesellschaft | Financial Services | $1.69T | $60.00B |
| 13 | RY | Royal Bank of Canada | Financial Services | $1.66T | $280.31B |
| 14 | UBS | UBS Group AG | Financial Services | $1.62T | $142.25B |
| 15 | TD | The Toronto-Dominion Bank | Financial Services | $1.50T | $204.65B |
| 16 | MS | Morgan Stanley | Financial Services | $1.42T | $287.16B |
| 17 | LYG | Lloyds Banking Group plc | Financial Services | $1.27T | $77.69B |
| 18 | ING | ING Groep N.V. | Financial Services | $1.24T | $91.85B |
| 19 | BRK | Berkshire Hathaway Inc. | Financial Services | $1.22T | $1.17T |
| 20 | BMO | Bank of Montreal | Financial Services | $1.05T | $118.50B |
| 21 | BNS | The Bank of Nova Scotia | Financial Services | $1.04T | $113.52B |
| 22 | BBVA | Banco Bilbao Vizcaya Argentaria, S.A. | Financial Services | $1.01T | $139.37B |
| 23 | NWG | NatWest Group plc | Financial Services | $960.86B | $67.58B |
| 24 | CM | Canadian Imperial Bank of Commerce | Financial Services | $797.24B | $104.91B |
| 25 | PRU | Prudential Financial, Inc. | Financial Services | $773.74B | $39.95B |
| 26 | MFC | Manulife Financial Corporation | Financial Services | $747.84B | $73.86B |
| 27 | MET | MetLife, Inc. | Financial Services | $745.17B | $63.57B |
| 28 | USB | U.S. Bancorp | Financial Services | $692.35B | $93.02B |
| 29 | COF | Capital One Financial Corporation | Financial Services | $669.01B | $124.14B |
| 30 | PNC | The PNC Financial Services Group, Inc. | Financial Services | $573.57B | $90.10B |
| 31 | HDB | HDFC Bank Limited | Financial Services | $564.06B | $111.64B |
| 32 | KB | KB Financial Group Inc. | Financial Services | $552.37B | $39.27B |
| 33 | TFC | Truist Financial Corporation | Financial Services | $547.54B | $59.75B |
| 34 | BN | Brookfield Corporation | Financial Services | $518.97B | $84.72B |
| 35 | SHG | Shinhan Financial Group Co., Ltd. | Financial Services | $500.56B | $30.63B |
| 36 | SCHW | The Charles Schwab Corporation | Financial Services | $491.00B | $155.17B |
| 37 | BNY | The Bank of New York Mellon Corporation | Financial Services | $472.30B | $99.03B |
| 38 | APO | Apollo Global Management, Inc. | Financial Services | $460.95B | $67.54B |
| 39 | LNC | Lincoln National Corporation | Financial Services | $417.20B | $7.69B |
| 40 | WF | Woori Financial Group Inc. | Financial Services | $416.36B | $16.09B |
| 41 | CRBG | Corebridge Financial, Inc. | Financial Services | $413.55B | $15.45B |
| 42 | KKR | KKR & Co. Inc. | Financial Services | $410.14B | $82.24B |
| 43 | NMR | Nomura Holdings, Inc. | Financial Services | $393.80B | $26.27B |
| 44 | AEG | Aegon Ltd. | Financial Services | $372.30B | $12.06B |
| 45 | STT | State Street Corporation | Financial Services | $366.05B | $46.36B |
| 46 | JXN | Jackson Financial Inc. | Financial Services | $352.59B | $8.98B |
| 47 | PFG | Principal Financial Group, Inc. | Financial Services | $341.38B | $23.58B |
| 48 | EQH | Equitable Holdings, Inc. | Financial Services | $317.99B | $14.61B |
| 49 | AXP | American Express Company | Financial Services | $300.05B | $211.26B |
| 50 | SLF | Sun Life Financial Inc. | Financial Services | $290.59B | $44.20B |
| 51 | CB | Chubb Limited | Financial Services | $272.33B | $137.63B |
| 52 | BHF | Brighthouse Financial, Inc. | Financial Services | $241.80B | $2.58B |
| 53 | FCNCA | First Citizens BancShares, Inc. | Financial Services | $229.70B | $26.06B |
| 54 | CFG | Citizens Financial Group, Inc. | Financial Services | $226.35B | $27.54B |
| 55 | HBAN | Huntington Bancshares Incorporated | Financial Services | $225.11B | $31.78B |
| 56 | FITB | Fifth Third Bancorp | Financial Services | $214.38B | $48.16B |
| 57 | MTB | M&T Bank Corporation | Financial Services | $213.51B | $31.87B |
| 58 | PUK | Prudential plc | Financial Services | $212.19B | $29.22B |
| 59 | IBKR | Interactive Brokers Group, Inc. | Financial Services | $203.24B | $36.51B |
| 60 | CME | CME Group Inc. | Financial Services | $198.42B | $110.27B |
| 61 | ALLY | Ally Financial Inc. | Financial Services | $196.00B | $11.81B |
| 62 | AMP | Ameriprise Financial, Inc. | Financial Services | $190.90B | $43.60B |
| 63 | KEY | KeyCorp | Financial Services | $184.38B | $22.44B |
| 64 | VOYA | Voya Financial, Inc. | Financial Services | $178.86B | $8.75B |
| 65 | NTRS | Northern Trust Corporation | Financial Services | $177.13B | $31.02B |
| 66 | BLK | BlackRock, Inc. | Financial Services | $170.00B | $174.34B |
| 67 | AIG | American International Group, Inc. | Financial Services | $161.25B | $42.42B |
| 68 | RF | Regions Financial Corporation | Financial Services | $158.81B | $24.37B |
| 69 | BNT | Brookfield Wealth Solutions Ltd. | Financial Services | $157.18B | $11.29B |
| 70 | RGA | Reinsurance Group of America, Incorporated | Financial Services | $156.59B | $17.31B |
| 71 | TRV | The Travelers Companies, Inc. | Financial Services | $143.71B | $81.99B |
| 72 | ICE | Intercontinental Exchange, Inc. | Financial Services | $136.89B | $89.85B |
| 73 | PGR | The Progressive Corporation | Financial Services | $123.04B | $132.85B |
| 74 | ALL | The Allstate Corporation | Financial Services | $119.76B | $64.72B |
| 75 | SYF | Synchrony Financial | Financial Services | $119.09B | $24.35B |
| 76 | AFL | Aflac Incorporated | Financial Services | $116.47B | $60.63B |
| 77 | IX | ORIX Corporation | Financial Services | $113.17B | $39.39B |
| 78 | FNF | Fidelity National Financial, Inc. | Financial Services | $109.01B | $10.71B |
| 79 | V | Visa Inc. | Financial Services | $99.63B | $758.75B |
| 80 | FG | F&G Annuities & Life, Inc. | Financial Services | $98.43B | $2.69B |
| 81 | WAL | Western Alliance Bancorporation | Financial Services | $92.77B | $8.23B |
| 82 | ZION | Zions Bancorporation, National Association | Financial Services | $88.69B | $9.62B |
| 83 | RJF | Raymond James Financial, Inc. | Financial Services | $88.23B | $30.41B |
| 84 | GNW | Genworth Financial, Inc. | Financial Services | $88.08B | $3.35B |
| 85 | FLG | Flagstar Bank, National Association | Financial Services | $87.51B | $4.24B |
| 86 | L | Loews Corporation | Financial Services | $86.35B | $22.78B |
| 87 | HIG | The Hartford Insurance Group, Inc. | Financial Services | $86.03B | $36.82B |
| 88 | FHN | First Horizon Corporation | Financial Services | $83.88B | $11.10B |
| 89 | EWBC | East West Bancorp, Inc. | Financial Services | $80.43B | $18.05B |
| 90 | PYPL | PayPal Holdings, Inc. | Financial Services | $80.17B | $47.04B |
| 91 | ACGL | Arch Capital Group Ltd. | Financial Services | $79.24B | $34.92B |
| 92 | CRCL | Circle Internet Group | Financial Services | $78.71B | $20.27B |
| 93 | JEF | Jefferies Financial Group Inc. | Financial Services | $76.01B | $10.43B |
| 94 | BPOP | Popular, Inc. | Financial Services | $75.35B | $10.08B |
| 95 | NU | Nu Holdings Ltd. | Financial Services | $74.89B | $60.82B |
| 96 | UMBF | UMB Financial Corporation | Financial Services | $73.09B | $10.20B |
| 97 | ONB | Old National Bancorp | Financial Services | $72.15B | $9.48B |
| 98 | WTFC | Wintrust Financial Corporation | Financial Services | $71.14B | $10.20B |
| 99 | AJG | Arthur J. Gallagher & Co. | Financial Services | $70.67B | $68.39B |
| 100 | CNA | CNA Financial Corporation | Financial Services | $69.44B | $13.12B |
No companies match this search.
Total assets measure balance-sheet size, not worth: a bank holding customer deposits carries assets many times its market value, while a software company of the same market value carries a fraction of them. Above 150 times market cap the accounts are not in US dollars, and the company is left out.
How this ranking is built
Companies are ranked by total assets as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.
Frequently asked questions
Why are bank total assets so much larger than those of other sectors?
Because holding financial claims is the business rather than a means to it. Deposits fund loans and securities, and the funding sits as a liability while the lending sits as an asset, so the base grows with every customer relationship. A manufacturer needs plant to make a product; a lender needs a balance sheet to make a loan. Comparing the two on size alone compares two different designs, not two levels of quality.
Is a thin equity base in this sector a warning sign?
Not by itself. Regulated lenders and insurers are designed to hold a base far larger than their equity, and capital rules set how far that can go. What matters is the quality of what sits on the asset side and how it is funded: the mix of loans, the reserves held against them, and how stable the deposits are. Size alone says nothing about either, which is why asset totals are read next to capital and credit measures.