The 20 World’s Largest Banks in 2024

   

The 20 World’s largest Banks in 2024 -According to the Annual Report data from each bank in 2024, there are 20 Largest banks in the world. Of course, they are the biggest bank in the world with billions of US dollars. Dollars of revenues and income annually. The assets of these banks are spread over in many countries.

 

So far, in monetary systems, banks are financial institutions which have a significant role in maintaining the stability of the world economy. Functionally, this institution plays a role in absorbing excess funds from the community and giving the funds to their users or customers as capital loans for business activities and consumptive activities. So far, banks can be the bridge between the interests of people who have excess funds and people who need money. In addition, various banking products with various uniqueness are offered to consumers so that they have alternatives in managing finances.

 

Historically, since the time of the Assyria and Babylonia era until now followed with various technological advances that have occurred, there are some of the biggest banks in the world. These banks certainly have large assets and huge net income. From the financial report data/ annual report in 2024, there are 20 Largest Banks in the World in 2024. This data came from the Annual Report of the Company in 2024 which we analyzed and ranked based on certain criteria.

 

The rank of the bank is based on the financial positions and business performance. The rank of financial position can be observed from the balance sheet of the company. Meanwhile, the business performance of the company can be observed based on the income statement of the company.

 

The Rank of 20 World’s largest banks based on Financial Position of Total Assets and Total Liabilities in 2024

 

Rank	Name of Bank	Total Assets	Total Assets	Total Liabilities	Total Liabilities
		Origin Currency	US Dollar	Origin Currency	US Dollar
1	Industrial and Commercial Bank of China	RMB 48,821 billion	USD 6,834 billion	RMB 44,834 billion	USD 6,276 billion
2	Agricultural Bank of China	RMB 43,328 billion	USD 6,065 billion	RMB 40,140 billion	USD 5,619 billion
3	China Construction Bank (CCB)	RMB 40,571 billion	USD 5,679 billion	RMB 37,227 billion	USD 5,211 billion
4	Bank of China	RMB 35,061 billion	USD 4,908 billion	RMB 32,108 billion	USD 4,495 billion
5	J.P. Morgan Chase	USD 4,002 billion	USD 4,002 billion	USD 3,658 billion	USD 3,658 billion
6	Bank of America (BAC)	USD 3,261 billion	USD 3,261 billion	USD 2,966 billion	USD 2,966 billion
7	HSBC Holdings PLC	USD 3,017 billion	USD 3,017 billion	USD 2,824 billion	USD 2,824 billion
8	BNP Paribas	EUR 2,704 billion	USD 3,001 billion	EUR 2,570 billion	USD 2,852 billion
9	Postal Savings Bank of China	RMB 17,084 billion	USD 2,931 billion	RMB 16,053 billion	USD 2,247 billion
10	Mitsubishi UFJ Financial Group	JPY 405,940 billion	USD 2,760 billion	JPY 386,690 billion	USD 2,629 billion
11	Crédit Agricole	EUR 2,309 billion	USD 2,569 billion	EUR 2,226 billion	USD 2,470 billion
12	Citigroup	USD 2,352 billion	USD 2,352 billion	USD 2,143 billion	USD 2,143 billion
13	Sumitomo Mitsui Banking Corporation	JPY 306,282 billion	USD 2,082 billion	JPY 291,441 billion	USD 1,981 billion
14	Banco Santander	EUR 1,837 billion	USD 2,039 billion	EUR 1,729 billion	USD 1,919 billion
15	Wells Fargo	USD 1,929 billion	USD 1,929 billion	USD 1,748 billion	USD 1,748 billion
16	Mizuho Financial Group	JPY 283,320 billion	USD 1,926 billion	JPY 272,797 billion	USD 1,855 billion
17	Goldman Sachs	USD 1,675 billion	USD 1,675 billion	USD 1,553 billion	USD 1,553 billion
18	Japan Post Bank	JPY 233,601 billion	USD 1,588 billion	JPY 224,511 billion	USD 1,526 billion
19	Standard Chartered	USD 849 billion	USD 849 billion	USD 798 billion	USD 798 billion
20	U.S. Bancorp	USD 679 billion	USD 679 billion	USD 619 billion	USD 619 billion
Source: Annual report, 2024
Description:
	Origin Currency: Currency officially Used in Annual Report 2024
	US Dollar = Currency from Origin Currency Which has been Converted into US Dollar
Currency Rate:
1 Renminbi (RMB)= 0.14 US Dollar (USD)
1 Japanese Yen (JPY) = 0.0068 US dollar (USD)
1 Euro = 1.11 US Dollar (USD)

The data about the total assets and total liabilities above was obtained from the balance sheet of the annual report in 2024. The assets describe all physical and non-physical assets which the company has owned. Furthermore, total liabilities are about the obligation or financial debts that a company must pay back in the future. Its components include current liabilities and non-current liabilities. Companies with bigger assets than liabilities are commonly in good conditions to do business. They have huge resources to do business without thinking about the obligation to pay the debts.

 

The Rank 20 Largest Banks in The World based on Business Performance of Total Revenue and Net Income in 2024

 

Rank	Name of Company	Total Revenue	Total Revenue	Net Income	Net Income
		Origin Currency	US Dollar (USD)	Origin Currency	US Dollar (USD)
1	J.P. Morgan Chase	USD 177 billion	USD 177 billion	USD 58.4 billion	USD 58.4 billion
2	Industrial and Commercial Bank of China	RMB 786 billion	USD 110 billion	RMB 366.9 billion	USD 51.3 billion
3	China Construction Bank (CCB)	RMB 728 billion	USD 101.9 billion	RMB 336 billion	USD 47 billion
4	Agricultural Bank of China	RMB 711 billion	USD 99.5 billion	RMB 282 billion	USD 39.8 billion
5	Bank of China	RMB 632 billion	USD 88 billion	RMB 252 billion	USD 35 billion
6	Bank of America (BAC)	USD 101.8 billion	USD 101.8 billion	USD 27.1 billion	USD 27.1 billion
7	HSBC Holdings PLC	USD 62 billion	USD 62 billion	USD 24.9 billion	USD 24.9 billion
8	Wells Fargo	USD 82.2 billion	USD 82.2 billion	USD 19.7 billion	USD 19.7 billion
9	Banco Santander	EUR 61.8 billion	USD 68.5 billion	EUR 13.7 billion	USD 15.2 billion
10	Goldman Sachs	USD 53.5 billion	USD 53.5 billion	USD 14.3 billion	USD 14.3 billion
11	BNP Paribas	EUR 48.8 billion	USD 54.1 billion	EUR 12.1 billion	USD 13.4 billion
12	Citigroup	USD 81.1 billion	USD 81.1 billion	USD 12.6 billion	USD 12.6 billion
13	Postal Savings Bank of China	RMB 349 billion	USD 48.86 billion	RMB 86.7 billion	USD 12.1 billion
14	Crédit Agricole	EUR 27.1 billion	USD 30 billion	EUR 8.15 billion	USD 9 billion
15	Mitsubishi UFJ Financial Group	JPY 8,265 billion	USD 56.2 billion	JPY 1,266 billion	USD 8.6 billion
16	Sumitomo Mitsui Banking Corporation	JPY 10,174 billion	USD 69 billion	JPY 1,177 billion	USD 8 billion
17	U.S. Bancorp	USD 31.6 billion	USD 31.6 billion	USD 6.3 billion	USD 6.3 billion
18	Mizuho Financial Group	JPY 9,030 billion	USD 61.4 billion	JPY 885 billion	USD 6 billion
19	Standard Chartered	USD 19.5 billion	USD 19.5 billion	USD 4 billion	USD 4 billion
20	Japan Post Bank	JPY 2,522 billion	USD 17.15 billion	JPY 414 billion	USD 2.8 billion
Source: Annual report, 2024
Description:
	Origin Currency: Currency officially Used in Annual Report 2024
	US Dollar = Currency from Origin Currency Which has been Converted into US Dollar
Currency Rate:
1 Renminbi (RMB)= 0.14 US Dollar (USD)
1 Japanese Yen (JPY) = 0.0068 US dollar (USD)
1 Euro (EUR) = 1.11 US Dollar (USD)

 

The data above about total revenue and net income came from the Income statement of the company. The total revenue and net income or loss that company earned at a specific time reflects the efficiency and effectiveness of the company in doing the business. The consistency of a company in reaping the profit can be the indicators that companies have stability in doing business.

 

Brief Description of 20 World’s largest banks in 2024

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1.Industrial and Commercial Bank of China

 

Industrial and Commercial Bank of China Ltd (ICBC) is a China-based Bank founded in Beijing in 1984. This Bank is owned by the Chinese Central Government with 70.82% of stake ownership and minority shareholders are Temasek Holdings with 2.44% of share ownership. Furthermore, on 27 October 2006, the Bank was successfully listed on Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited. Along with business development, ICBC has provided abundant financial products and financial services to over 13 million corporate customers and 766 million personal customers around the world. Operationally, ICBC has around 15,365 branches of office. Compared to other banks in 2024, Industrial and Commercial Bank of China Ltd (ICBC) still had the biggest total assets than the other banks in the world.

Financially, based on the annual report of ICBC in 2024, the bank has total assets around RMB 44,697 billion or equivalent to USD 6,257 billion and total liabilities around RMB 44,834 billion or equivalent to USD 6,834 billion. Based on the business performance in 2024, Industrial and Commercial Bank of China Ltd (ICBC) successfully gained total revenue RMB 786 billion or equivalent to USD 110 billion and successfully reaped net Income of RMB 367 billion or equivalent to USD 51 billion.

 

2. JPMorgan Chase  

JPMorgan Chase & Co. became one of the biggest banks in the United States of America and the World. This is one of America’s Big Four banks, besides Bank of America, Wells Fargo, and Citigroup. Operationally, this bank has primary offices in New York City, New York. Historically, the establishment of J.P. Morgan Chase is the merger of several financial institutions, namely Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual.

Along with business development, JPMorgan Chase serves corporations and individuals in more than 100 countries with more than 300,000 employees worldwide. In 2024, JPMorgan Chase can penetrate Loans around USD 1,347 billion and they can collect total deposits around USD 2,406 billion. Furthermore, financially, in 2024, based on the annual report, JPMorgan Chase has total assets around USD 4,002 billion and total liabilities around USD 3,547 billion. Based on the business performance in 2024, this JP Morgan Chase gained total revenue of USD 177 billion and net Income around USD 58.4 billion.

 

3.China Construction Bank Corporation

 

China Construction Bank Corporation (CCB) is another biggest bank in China and The World. Historically, it was founded in Beijing, China on 1 October 1954 and still has a primary office in Beijing, China. The China Construction Bank Corporation provides customers with some financial services, including corporate finance business, personal finance business, treasury and asset management business and others, serving 771 million personal customers and 11.68 million corporate customers. Moreover, China Construction Bank Corporation has subsidiaries in various sectors, including fund management, financial leasing, trust, insurance, futures, pension, and investment banking. At the end of 2024, China Construction Bank Corporation had 376,847 staff members and 14,750 operating entities. In terms of banking performance of 2024, China Construction Bank penetrated net loans to customers RMB 25,040 billion and successfully collected deposits from customers around RMB 28,713 billion.

Financially, in 2024, Based on the published Annual report by the Company, the China Construction Bank has total assets around RMB 40,571 billion or equivalent to USD 5,679 billion and total liabilities around RMB 37,227 billion RMB or equivalent to USD 5,211 billion. Based on the business performance in 2024, the China Construction Bank successfully gained total revenue around RMB 728 billion or equivalent to USD 101.9 billion US Dollar and reaped the net Income RMB 336 billion or equivalent to 46 billion US Dollar.

 

4.Agricultural Bank of China 

Agricultural Bank of China (ABC), commonly known as AgBank, is one of the biggest banks from China. It was founded on July 10, 1951. Until now, this bank has had a primary office in Beijing, China. In the year of 2024, Agricultural Bank of China penetrated total loans to customers reaching RMB 24,906 billion and successfully collected deposits from its customers around RMB 30,305 billion. Operationally, as of 2024, Agricultural Bank of China (ABC) had 22,877 domestic branch outlets located in China and 13 overseas branches and four overseas representative offices.

Financially, based on the annual report of the publishing company in 2024, the Agricultural Bank of China has total assets around RMB 43,328 billion or equivalent to USD 6,065 billion with total liabilities around RMB 40,140 billion or equivalent to USD 5,619 billion. Based on the business performance in 2024, the Agricultural Bank of China successfully gained the total revenue around RMB 711 billion or equivalent to USD 99.5 billion and net income around RMB 282 billion or equivalent to USD 39.8 billion.

 

5.Bank of China           

 

Bank of China is one of the oldest and biggest banks in China. Historically, it was founded in Beijing, China in 1912 by Chen Jintao. Along with business development, in 2024, Bank of China penetrated total loans to customers RMB 21,594 and successfully collected deposits from its customers around RMB 24,202 billion. Operationally, as of 2024, Bank of China provides some services including Corporate Financing (Trade Services, Corporate Financial Services, RMB Settlement Services, Corporate Savings, Other Services), Personal Savings (Personal Loans, Personal Wealth Management, Personal Exchange, Other Services), and bank card (Credit Cards and Debit Cards).

Financially, according to its 2024 annual report, Bank of China has total assets RMB 35,016 billion RMB or equivalent to USD 4,908 billion and total liabilities around RMB 32,108 billion or equivalent to USD 4,495 billion. Based on the business performance in 2024, Bank of China gained total revenue RMB 632 billion or equivalent to USD 88 billion and net income around RMB 252 billion or equivalent to USD 35 billion.

 

6. Bank of America

 

The Bank of America Corporation, simply known as Bank of America. In 1998, Bank of America was formed as the merger between Bank America and Nations Bank. Operationally, this bank has two primary offices: Charlotte, North Carolina, U.S. (Corporate), and New York (Investment banking). Operationally, in 2024, Bank of America successfully collected USD 1.2 Trillion of consumer deposits from around 69 million Consumer and small business clients. In terms of credit penetration, Bank of America distributed USD 0.7 Trillion of commercial loans.

Financially, based on the financial position on the balance sheet in 2024, the Bank of America has total assets around USD 3,261 billion and total liabilities around USD 2,966 billion. Meanwhile, in 2024, the bank gained positive performance with total revenue of USD 101.8 billion and net Income around USD 27.1 billion.

 

7. Citigroup      

Citigroup Inc. or known as Citi is one of the biggest big four banks in the United States of America. Historically, this bank was formed on October 8, 1998, as the merger of Citicorp and Travelers Group to create the world’s largest financial services. Commonly, Citigroup provides consumers with many financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Furthermore, on December 31, 2024, Citi had approximately 229,000 full-time employees.

Based on its financial position on the balance sheet in 2024, this bank has total assets around USD 2,352 billion and total liabilities around USD 2,143 billion. Based on the business performance in 2024, the company gained total revenue around USD 81.1 billion and Net Income around USD 12.6 billion.

 

8. Wells Fargo 

 

Wells Fargo & Company is an American-based Bank founded by Henry Wells and William Fargo. This bank has a central office in San Francisco, California, U.S., and New York. Operationally, Wells Fargo & Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through four reportable operating segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Operationally, Wells Fargo & Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through four reportable operating segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. As of 2024, Wells Fargo & Company successfully penetrated its Loans to customers reaching USD 912 billion and collected deposits around USD 1,371 billion.

 

 

Financially, based on the annual report 2024, Wells Fargo & Company has total assets around USD 1,929 billion and total liabilities USD 1,745 billion. Based on the business performance in 2024, Wells Fargo & Company had gained total revenue around USD 82.2 billion and net Income around USD 19.7 billion.

 

9. HSBC Holdings PLC 

This Bank is another biggest bank on the European continent. This bank has a primary office in Canada Square, London, England, UK. Along with business development, HSBC is one of the world’s largest financial organizations, serving around 41 million customers across 57 markets. Based on credit penetration, HSBC successfully distributed its Loans and advances to banks around USD 102 billion and Loans and advances to customers USD 930 billion. Commonly, besides providing banking services, HSBC also provides some financial services, including Asset management, Commodities, Credit cards, Equities trading, Insurance, Investment management, Mortgage loans, Private equity, and Wealth management.

Financially, according to annual report of 2024, This HSBC Holdings has total assets around USD 3,017 billion and total liabilities around USD 2,966 billion. Based on the business performance in 2024, HSBC Holdings has gained the total revenue around USD 62 billion and net income around USD 24.9 billion.

      

10.BNP Paribas            

BNP Paribas S.A. is one of the biggest banks in Europe from France. Historically, this bank was formed as the merger of Banque Nationale de Paris S.A. (BNP) and The Banque de Paris et des Pays-Bas S.A. (Bank of Paris and the Netherlands), or Paribas in May 2000. Until now, the company has a central office in Boulevard des Italiens, Paris, France. BNP Paribas in the year of 2024 successfully penetrated Loans and advances to credit institutions around EUR 31 billion and Loans and advances to customers around EUR 900 billion. Besides providing banking services, BNP Paribas provides some financial services including Asset management, Commodities, Credit cards, Equities trading, Insurance, Investment banking, Investment management, Mortgage loans, Mutual funds, Private equity, Securities services, Risk management, and Wealth management.

Financially, based on the financial position in 2024, the company has total assets of EUR 2,704 billion or equivalent to USD 3,001 billion and total liabilities around EUR 2,570 billion or equivalent to USD 2,852 billion. In terms of business performance in 2024, BNP Paribas gained the total revenue around EUR 48.8 billion or equivalent to USD 54.1 billion and net income around EUR 12.1 billion or equivalent to USD 13.4 billion.

 

11. Banco Santander  

 

Banco Santander, S.A was founded on 15 May 1857. This Spanish Bank has primary offices in Santander and Boadilla del Monte, Madrid. Commonly, Banco Santander has provided some financial services to its 173 million customers globally including Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance and Payments. In the year 2024, Banco Santander successfully penetrated EUR 1,002 billion customer loans and this bank also collected EUR 1,207 billion customer deposits and mutual funds. Furthermore, total employees of Banco Santander reached 204,330 people.

Financially, in 2024, Banco Santander has total assets around EUR 1,837 billion or equivalent to USD 2,039 billion and total liabilities around EUR 1,729 billion or equivalent to USD 1,919 billion. Based on the business performance in 2024, the Banco Santander gained the total revenue around EUR 61.4 billion or equivalent to USD 68.5 billion and net income around EUR 13.7 billion or equivalent to USD 15.2 billion.

 

12. Sumitomo Mitsui Banking Corporation  

Sumitomo Mitsui Banking Corporation Group (SMBC Group). Operationally, this company has a central office in Yurakucho, Chiyoda, Tokyo, Japan. Historically, the establishment of the bank was because of the merger between The Sumitomo Bank and Sakura Bank in April 2001. As of 2024, Sumitomo Mitsui Banking Corporation has around number of employees around 28,063 people and this company have domestic branches office of 455 and 20 overseas branches office. In the year 2024, Sumitomo Mitsui Banking Corporation successfully collected Deposits of around JPY 159 trillion and distributed Loans and Bills Discounted to its customers of around JPY 104 trillion.

Based on the financial position in 2024, the Sumitomo Mitsui Banking has total assets around JPY 306,282 billion or equivalent to USD 2,082 billion and total liabilities of JPY 291,441 billion or equivalent to USD 1,981 billion. Based on the business performance in 2024, the company gained the total revenue around JPY 10,174 billion or equivalent to USD 69 billion and net income around JPY 1,177 billion or equivalent to USD 8 billion.

 

13. Mizuho Financial Group   

 

Mizuho Financial Group, Inc. is another biggest bank from Japan. Historically, it was founded by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan in 2000. Operationally, this bank has a primary office in Marunouchi, Chiyoda, Tokyo, Japan. Mizuho Financial Group offers comprehensive financial and strategic services, including banking, securities, trust and asset management, credit card, private banking, and venture capital, through our group companies including Mizuho Bank and Mizuho Securities. In banking Business, through Mizuho Bank, Mizuho Financial Group has number of employees of around 23,827 people and has Network in Japan 463 (As of June 30, 2025) and Network outside Japan around 78 (As of June 30, 2025).  

Financially, in 2024, the company has total assets around JPY 283,320 billion or equivalent to USD 1,926 billion and total liabilities around JPY 272,797 billion or equivalent to USD 1,855 billion. Based on the business performance in 2024, the company successfully gained the total revenue JPY 9,030 billion or equivalent to USD 61.4 billion and net income around JPY 885 billion or equivalent to USD 6 billion.

 

14. Mitsubishi UFJ Financial Group   

 

Mitsubishi UFJ Financial Group is one of the biggest from Japan. Historically, this bank was formed by the merger of UFJ Holdings with the Mitsubishi Tokyo Financial Group in 2005. Operationally, this bank has a central office in Yurakucho, Chiyoda, Tokyo, Japan. Structurally, Mitsubishi UFJ Financial Group  has some subsidiary companies operating in different businesses including MUFG Bank, Ltd, Mitsubishi UFJ Trust and Banking Corporation, Mitsubishi UFJ Securities Holdings Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Mitsubishi UFJ NICOS Co., Ltd., Mitsubishi UFJ Asset Management Co., Ltd., other companies engaged in financial business. Along with business development, Mitsubishi UFJ Financial Group has presented in more than 50 countries with 160,000 professionals.  

Based on financial position in 2024 on its annual report, Mitsubishi UFJ Financial has total assets around JPY 405,940 billion or equivalent to USD 2,760 billion and total liabilities of around JPY 386,690 billion or equivalent to USD 2,629 billion. Based on the business performance in 2024, Mitsubishi UFJ Financial generated total revenue JPY 8,265 billion or equivalent to USD 56.2 billion and net income of JPY 1,266 billion or equivalent to USD 8.6 billion.

 

15. Japan Post Bank

 

Japan Post Bank Co., Ltd has a primary office in Chiyoda, Tokyo, Japan. Along with business development, Japan Post Bank has several branches of around 23,494 offices. Furthermore, as of March 31, 2025, the number of ordinary deposit accounts is approximately 120 million accounts with the total amount of Japan Post Bank personal savings around JPY 184 trillion and household deposits reaching JPY 1,009 trillion.

Financially, according to its annual report of 2024, the Japan Post Bank has total assets around JPY 233,601 billion or equivalent to USD 1,588 billion and total liabilities around JPY 224,511 billion or equivalent to USD 1,526 billion. Based on the business performance in 2024, the Japan Post Bank gained total revenue around JPY 2,522 billion or equivalent to USD 17.15 billion or net income around JPY 414 billion or equivalent to USD 2.8 billion.

 

16. Postal Savings Bank of China     

 

Historically, the Postal Savings Bank of China started its business in 1919. Along with business development, Postal Savings Bank of China has approximately 40,000 outlets and services covering over 660 million personal customers. Commonly, Postal Savings Bank of China provide some financial services including Personal Banking (Savings Business, Micro Loan, Settlement Business, Bank Card, Foreign Exchange Business, Consumer Credit Business, Personal Online Banking) and Corporate Banking (Corporate Deposits, Company Settlement, Cash Management, Negotiable Instruments, Corporate Financing, Trade Finance, Custody Business, Financial Markets Business, SME Operating Index, Corporate Online Banking). 

Financially, according to its annual report of 2024, Postal Savings Bank of China has total assets of around RMB 17,084 billion or equivalent to USD 2,931 billion with total liabilities of around RMB 16,053 billion or equivalent to USD 2,247 billion. In terms of business performance in 2024, Postal Savings Bank of China has gained total revenue of around RMB 349 billion or equivalent to USD 48.86 billion with total net income of around RMB 86.7 billion or equivalent to USD 12.1 billion.

 

17. Crédit Agricole          

 

Crédit Agricole Group is the largest financial institution in France founded in November 1894. Commonly, Credit Agricole provided some financial services including Asset management, Commodities, Credit cards, Equities trading, Insurance, Investment management, Mortgage loans, Private equity, and Wealth management. As of 2024, Crédit Agricole has 54 million retail customers and employs around 157,000 people worldwide.

Financially, according to the 2024 annual report, Crédit Agricole has total assets of around EUR 2,309 billion or equivalent to USD 2,569 billion with total liabilities of around EUR 2,226 billion or equivalent to USD 2,470 billion. In terms of business performance in 2024, Crédit Agricole successfully gained total revenue of around EUR 27.1 billion or equivalent to USD 30 billion and net income of around EUR 8.15 billion or equivalent to USD 9 billion.

 

18. Goldman Sachs         

 

 The Goldman Sachs Group is a financial services company based in 200 West Street, New York City, New York, U.S.A. Commonly, as a financial institution, Goldman Sachs provides some financial business including Investment banking, Asset management, Wealth management, and Direct bank.  

Related to financial conditions and business performance in 2024, Goldman Sachs has total assets of around USD 1,675 billion with total liabilities of around USD 1,553 billion. In terms of business performance in 2024, Goldman Sachs has total revenue of around USD 53.5 billion with net income of around USD 14.3 billion.

 

19. Standard Chartered

 

Standard Chartered PLC is a British multinational bank providing many financial products, namely Asset management, Commodities, Credit cards, Equities trading, Insurance, Investment management, Mortgage loans, Mutual funds, Exchange-traded funds, Index funds, Private equity, Risk management, and Wealth management. Founded in London in 1853, Standard Chartered has 83,000 colleagues working in 54 markets worldwide. Structurally, the majority shareholder of Standard Chartered is Temasek Holdings with share ownership around 17%.

 Financially, in 2024, according to its annual report, Standard Chartered has total assets of around USD 849 billion with total liabilities of around USD 798 billion. In terms of business performance in 2024, Standard Chartered successfully gained total revenue of around USD 19.5 billion with net income of around USD 4 billion

  

20. U.S. Bancorp  

 

U.S. Bancorp is an American multinational financial services firm y headquartered in Minneapolis, Minnesota, serving around 13 million consumer clients, 1.4 million business clients, 500 thousand wealth clients, and 45 thousand corporate and institutional clients as of 2024. In the financial business, U.S. Bancorp has major business segments including Wealth, Corporate, Commercial and Institutional Banking, Consumer and Business Banking, Payment Services, and Treasury and Corporate Support. As of December 31, 2024, the U.S. Bancorp employed a total of 70,263 employees globally. Operationally, in the Banking and investment services, U.S. Bancorp has 2,165 branch offices across 26 states as of December 31, 2024, with a network of 4,489 ATMs.

Financially, according to its annual report in 2024, US Bancorp has total assets of around USD 679 billion with total liabilities of around USD 619 billion. Related to business performance in 2024, U.S. Bancorp successfully gained total revenue of around USD 31.6 billion with net income of around USD 6.3 billion.

 

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The Summary of 15 World’s Largest Bank in 2024 Based on Total Assets

 

 

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The Summary of 15 World’s Largest Bank in 2024 Based on Net Income

 

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Bibliography of 20 World’s Biggest Bank in 2024

 

Industrial and Commercial Bank of China. 2025. Annual Report 2024. Accessed via http://www.icbc-ltd.com/ICBCLtd/Investor%20Relations/Financial%20Information/Financial%20Reports/  on August 28th, 2025.

China Construction Bank Corporation. 2025. Annual Report 2024. Accessed via http://www.ccb.com/en/investorv3/annualreports/annals.html?ptId=6&ctId=1  on August 28th, 2025.

Agricultural Bank of China. 2025. Annual Report 2024. Accessed via https://www.abchina.com/en/investor-relations/performance-reports/annual-reports/  on August 28th, 2025.

Bank of China. 2025. Annual Report 2024. Accessed via https://www.bankofchina.co.id/en-id/top/about-us/financial-report/annual-report.html  on August 28th, 2025.

J.P. Morgan Chase. 2025. Annual Report 2024. Accessed via https://www.jpmorganchase.com/ir/annual-report on August 28th, 2025.

Bank of America (BAC). 2025. Annual Report 2024. Accessed via https://investor.bankofamerica.com/annual-reports-and-proxy-statements  on August 28th, 2025.

HSBC Holdings PLC. 2025. Annual Report 2024. Accessed via https://www.hsbc.com/investors/results-and-announcements/annual-report  on August 28th, 2025.

Mitsubishi UFJ Financial Group (Mitsubishi). 2025. Annual Report 2024. Accessed via https://www.mufg.jp/english/ir/report/annual_report/index.html   on August 28th, 2025.

BNP Paribas. 2025. Annual Report 2024. via https://invest.bnpparibas/en/search/reports/documents/financial-reports?s%5Bsubthemes%5D%5B%5D=18  on August 28th, 2025.

Citigroup. 2025. Annual Report 2024. Accessed via https://www.citigroup.com/citi/investor/annual-reports.html   on August 28th, 2025.

Wells Fargo. 2025. Annual Report 2024. Accessed via https://www.wellsfargo.com/about/investor-relations/annual-reports/  on August 28th, 2025.

Sumitomo Mitsui Banking Corporation. 2025. Annual Report 2024. via https://www.sumitomocorp.com/en/jp/ir/financial/investors-guide/2021   on August 28th, 2025. 

Mizuho Financial Group. 2025. Annual Report 2024. Accessed via https://www.mizuhogroup.com/investors/financial-information/annual  on August 28th, 2025. 

Japan Post Bank. 2025. Annual Report 2024. Accessed via https://www.jp-bank.japanpost.jp/en/ir/financial/en_ir_fnc_annualreport.html   on August 28th, 2025. 

Banco Santander. 2025. Annual Report 2024. Accessed via https://www.santander.com/en/shareholders-and-investors/financial-and-economic-information/annual-report  on August 28th, 2025. 

Postal Savings Bank of China. 2025. Annual Report 2024. Accessed via https://www.psbc.com/en/investor_relations/announcement/index_6.html on August 28th, 2025.

Crédit Agricole. 2025. Annual Report 2024. Accessed via https://www.credit-agricole.com/en/finance/financial-information   on August 28th, 2025. 

U.S. Bancorp. 2025. Annual Report 2024. Accessed via https://ir.usbank.com/financials/annual-reports/default.aspx  on August 28th, 2025.

Standard Chartered. 2025. Annual Report 2024. Accessed via https://www.sc.com/en/investors/financial-results/annual-report/   on August 28th, 2025.

Goldman Sachs. 2025. Annual Report 2024. Accessed via https://www.goldmansachs.com/investor-relations/financials/annual-reports  on August 28th, 2025.

 

 

 

 

 

 

 

 

 

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