Leading banks in the U.S. 2018, by number of employees

The statistic depicts the leading banks in the United States as of December 31, 2018, by number of employees. Wells Fargo Bank was the largest U.S. employer in the banking sector in 2018, with over 230 thousand employees.

Employment in the banking sector – additional information

Apart from the Wells Fargo Bank, other leading banks in terms of employment in the United States in 2018, were JPMorgan Chase Bank, Citibank and Bank of America.

As far as the global employment figure of JPMorgan Chase Bank is concerned, there were 256,105 employees in this bank in 2018. In Wells Fargo, there were approximately 258,700 people employed worldwide in the same year. These are two of the largest U.S. banks when measured by total assets.

The total number of employees in the commercial banking sector of the United States increased from approximately 1.53 million in 2010 to around 1.51 million in 2015. The insurance sector in the United States (home-office personal), on the other hand, had 348.3 thousand employees in 2016.

Leading banks in the United States as of December 31, 2018, by number of employees

Number of employees
Wells Fargo Bank 230,338
JPMorgan Chase Bank 194,680
Citibank 163,581
Bank of America 136,502
U.S. Bank 72,144
PNC Bank 52,319
The Bank of New York Mellon 40,742
Branch Banking and Trust Company 33,401
State Street Bank and Trust Company 33,004
Capital One 27,679
TD Bank 26,305
Capital One Bank (USA) 23,764
SunTrust Bank 21,405
Regions Bank 19,906
The Northern Trust Company 18,436
KeyBank 17,737
Fifth Third Bank 17,420
Manufacturers and Traders Trust Company 16,341
Citizens Bank 15,343
The Huntington National Bank 14,802
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Release date

April 2019


United States

Survey time period

December 31, 2018

Supplementary notes

Figures have been rounded.

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Statistics on "Banking industry in the United States"

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