Leading commercial banks in the U.S. by revenue 2024| ��ƽ��

Largest commercial banks in the United States in 2024, by revenue (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
JPMorgan Chase	177.56
Bank of America	101.89
Wells Fargo	82.3
Citigroup	81.14
Morgan Stanley	61.76
TD Bank	57.22
Goldman Sachs Group	53.51
Capital One	39.11
U.S. Bancorp	27.46
PNC Financial Services Group	21.56

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Release date

May 2025

More information

Region

United States

Survey time period

2024

Supplementary notes

The figures were collected from the 2024 annual report of each of the banks.

Revenues for commercial banks include interest and non-interest revenues.

This statistic is based on a ranking of the largest banks in the United States, by total assets.

Figures are rounded.

Citation formats

In 2024, JPMorgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of over 177 billion U.S. dollars. Bank of America and Wells Fargo followed, with 101.9 and 82.3 billion U.S. dollars, respectively. These three banks were also the largest banks in terms of total assets in the United States that year.

Commercial banking

A commercial bank is a bank that offers financial services to private customers and companies, such as accepting deposits, checking services or loans. Commercial banks earn money through interest rates on the loans that they offer. Such rates are significantly higher than the interest rates paid to the bank customers for depositing their assets in a bank. This difference in rates is called net interest income, which is one of the leading indicators of bank performance.

Commercial vs investment banks

Some banks specialize only in commercial or investment banking, while some banks combine both divisions in their operations. Investment banks specialize in managing assets of their clients, underwriting securities or supervising merger and acquisition transactions.