Except for JPMorgan Chase and Citigroup, the share of minority employees in the total U.S.-based workforce of the leading U.S. banks was less than 50 percent. Among the observed banks, JPMorgan Chase had the most diverse workforce, with 54 percent of the employees who self-identified were racial minorities. JPMorgan Chase was followed by Citigroup, where the share of people of color was approximately 51 percent. Bank of America ranked third in terms of racial diversity: Here, the share of non-white employees in the U.S.-based workforce was 48.7 percent. The share was the lowest at State Street Corporation and PNC Financial Services, where approximately 35 percent of the workforce were non-white.
Share of racial minorities in the total workforce composition of leading banks in the United States in 2021
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Statistics on Racial diversity at the largest U.S. banks
Overview
5
- Basic Statistic U.S. full-time employees 1990-2022
- Basic Statistic U.S. employment rate in 2021, by ethnicity
- Basic Statistic U.S. unemployment rate, by ethnicity 2022
- Premium Statistic Number of employed in the U.S. in 2021, by ethnicity
- Premium Statistic Number of women-owned firms in the United States, by race/ethnicity 2021
Total workforce
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- Premium Statistic Racial diversity in the total workforce of leading U.S. banks 2021
- Premium Statistic Share of Black/African American employees at leading U.S. banks 2021
- Premium Statistic Racial diversity in the workforce of JPMorgan Chase in the U.S. 2019-2021
- Premium Statistic Racial diversity in the workforce of Bank of America in the U. S. 2019-2021
- Premium Statistic Racial diversity in the workforce of Wells Fargo in the U.S. 2019-2021
- Premium Statistic Racial diversity in the workforce of Citigroup in the U.S. 2019-2021
- Premium Statistic Racial diversity in the workforce of PNC in the U.S. 2020-2021
Leadership
7
- Premium Statistic Racial diversity on executive and senior level at leading U.S. banks 2021
- Premium Statistic Share of Black employees on executive and senior level at leading U.S. banks 2021
- Premium Statistic Racial diversity in the leadership of JPMorgan Chase in the U.S. 2021, by position
- Premium Statistic Racial diversity in the leadership of Bank of America in the U.S. 2021
- Basic Statistic Racial diversity in the leadership of Citigroup in the United States 2021
- Premium Statistic Racial diversity in the leadership of PNC 2021
- Premium Statistic Racial diversity in the leadership of Goldman Sachs 2021
Job categories
5
- Premium Statistic Racial diversity at JPMorgan Chase in the U.S. 2021, by job category
- Premium Statistic Racial diversity at Bank of America in the U.S. 2021, by job category
- Basic Statistic Racial diversity at Citigroup in the U.S. 2021, by job category
- Basic Statistic Racial diversity at PNC in the U.S. 2021, by job category
- Premium Statistic Racial diversity at Goldman Sachs in the U.S. 2021, by job category
Supplier diversity
5
- Premium Statistic Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase 2021
- Premium Statistic Supplier diversity at Wells Fargo 2012-2021
- Basic Statistic Supplier diversity at Citigroup 2020-2021
- Premium Statistic Supplier diversity at Truist Bank 2020-2021
- Premium Statistic Supplier diversity at State Street Corporation 2020-2021
Further related statistics
21
- Racial diversity on executive and senior level at leading U.S. banks 2021
- Racial diversity in the workforce of State Street in the U.S. 2019-2021
- Racial diversity at JPMorgan Chase in the U.S. 2021, by job category
- Racial diversity in the workforce of JPMorgan Chase in the U.S. 2019-2021
- Racial diversity in the leadership of JPMorgan Chase in the U.S. 2021, by position
- Racial diversity at TD Bank Group in the U.S. 2019-2021
- Racial diversity at TD Bank Group in Canada 2019-2021
- Racial diversity in the workforce of Truist Bank in the United States 2020-2021
- Racial diversity at Goldman Sachs in the U.S. 2021, by job category
- Racial diversity in the workforce of Goldman Sachs 2019-2021
- Racial diversity in the leadership of Goldman Sachs 2021
- Racial diversity in the leadership of PNC 2021
- Board diversity at leading UK banks 2022, by gender
- Gender diversity in leading U.S. banks 2021, by share of female employees
- Gender diversity on senior level at leading U.S. banks 2021
- Gender diversity in leading UK banks 2021, by share of female employees
- Board diversity at leading U.S. banks 2022, by gender
- Racial diversity at PNC in the U.S. 2021, by job category
- Racial diversity in the workforce of PNC in the U.S. 2020-2021
- Racial diversity at Citigroup in the U.S. 2021, by job category
- Racial diversity in the workforce of Bank of America in the U. S. 2019-2021
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Statista. (July 18, 2022). Share of racial minorities in the total workforce composition of leading banks in the United States in 2021 [Graph]. In Statista. Retrieved March 22, 2023, from https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/
Statista. "Share of racial minorities in the total workforce composition of leading banks in the United States in 2021." Chart. July 18, 2022. Statista. Accessed March 22, 2023. https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/
Statista. (2022). Share of racial minorities in the total workforce composition of leading banks in the United States in 2021. Statista. Statista Inc.. Accessed: March 22, 2023. https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/
Statista. "Share of Racial Minorities in The Total Workforce Composition of Leading Banks in The United States in 2021." Statista, Statista Inc., 18 Jul 2022, https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/
Statista, Share of racial minorities in the total workforce composition of leading banks in the United States in 2021 Statista, https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/ (last visited March 22, 2023)
Share of racial minorities in the total workforce composition of leading banks in the United States in 2021 [Graph], Statista, July 18, 2022. [Online]. Available: https://www.statista.com/statistics/1320754/racial-diversity-total-workforce-leading-banks/