Banks with the most branches in the U.S. 2022

Chase Bank was the leading bank in the United States as of September 2022, by number of branches. The bank had 5,023 branches, followed by Wells Fargo Bank, with 4,765 branches, and Bank of America, with 4,088 branches. For an international comparison, Wells Fargo had roughly three times the number of branches of Lloyds bank, the leading British bank in terms of branches

Is the U.S. banking sector stable?

   The share of non-performing loans held by U.S. banks decreased steadily since the aftermath of the 2008 financial crisis. Further, as of the second quarter of 2022, all the four largest U.S. banks (Wells Fargo, JP Morgan Chase, Banks of America, and Citigroup) had a common equity tier 1 capital ratio well above the minimum requirement of 4.5 percent imposed under the Basel-III agreement. Measuring banks’ core capital relative to their risk-weighted assets, the CET-1 capital ratio addresses the resilience of a financial institution.

Digital banking in the U.S.

   Nowadays, traditional banking services can be provided digitally, substituting banks’ physical presence with a cheaper online support. As a consequence, the number of bank branches in the United States decreased since 2009. The share of U.S. consumers relying on digital banking has increased steadily over time, in particular during the coronavirus pandemic.