For a bank, assets can include several things like securities, checking or savings accounts, or even loans that generate interest, such as personal loans or mortgages. So, which banks are the largest out there today? This new infographic from Wyoming LLC Attorney analyzes data from the Federal Reserve to determine the 30 largest banks in the United States, all based on their value to their total assets as of the end of 2022.
According to their research, it was found that with $3,201,942,000,000 in assets, that Chase Bank is the largest bank in the United States, followed by banks like Bank of America, Citibank, Wells Fargo, US Bank, PNC Bank, Truist, Goldman Sachs, CapitalOne, and TD Bank. It was found that Bank of America was the second largest bank in the United States, behind Chase Bank, and not only is it the second-largest bank in the United States, but in terms of market capitalization, it was found to be the second-largest bank in the entire world.
