United States (US) Bank Rankings!
Below are the latest rankings of U.S. banks. The ranking is based on market capitalization.
No. 1 is JP Morgan Chase.
Bank of America is in second place.
Third place goes to Wells Fargo.
I would like to describe each bank.
| No. | Ticker | Company | Market Cap | P/E | Price |
| 1 | JPM | JPMorgan Chase & Co. | 382.09B | 10.33 | 124.91 |
| 2 | BAC | Bank of America Corporation | 226.07B | 8.52 | 27.14 |
| 3 | WFC | Wells Fargo & Company | 143.06B | 11.52 | 36.23 |
| 4 | C | Citigroup Inc. | 86.39B | 6.06 | 43.11 |
| 5 | USB | U.S. Bancorp | 58.99B | 9.45 | 34.9 |
| 6 | PNC | The PNC Financial Services Group | 52.19B | 8.97 | 124.15 |
| 7 | TFC | Truist Financial Corporation | 47.08B | 7.43 | 32.89 |
| 8 | MTB | M&T Bank Corporation | 20.11B | 10.47 | 114.93 |
| 9 | FITB | Fifth Third Bancorp | 18.34B | 7.61 | 25.48 |
| 10 | RF | Regions Financial Corporation | 17.38B | 7.85 | 17.88 |
| 11 | HBAN | Huntington Bancshares | 16.82B | 7.43 | 10.78 |
| 12 | CFG | Citizens Financial Group | 15.91B | 7.6 | 31.1 |
| 13 | KEY | KeyCorp | 11.77B | 6.17 | 11.86 |
| 14 | CMA | Comerica Incorporated | 5.80B | 4.77 | 40.4 |
| 15 | ZION | Zions Bancorporation | 4.50B | 4.88 | 28.25 |
| 16 | FRC | First Republic Bank | 3.36B | 1.5 | 12.36 |
Please refer to the following for the latest data on market capitalization.
No. 1 J.P. Morgan Chase & Co.
No. 1 is JP Morgan Chase & Co.
Its market capitalization is approximately 38 trillion yen.
JP Morgan Chase is primarily engaged in commercial banking (47%) and investment banking (47%) in the United States and abroad.
It is a multinational corporation with operations in more than 60 countries.
Profit margins are very high, 37%, as are those of other banks.
This is by far the highest profit margin compared to other industries.
The company is aggressively buying back its own shares and its share price has risen 70% since 2015.
The dividend yield is 3.7%.
No. 2 Bank of America
In second place is Bank of America.
Its market capitalization is approximately 29 trillion yen.
Warren Buffett’s Berkshire Hathaway is the largest shareholder.
It is also called Bank of America.
Bank of America is also engaged in commercial banking and investment banking.
However, BankAmerica’s investment banking business is smaller than that of JP Morgan Chase, at about 16%.
Its share price has increased 75% since 2015, similar to JP Morgan.
The dividend rate is slightly lower, at 2.9%.
Bank of America Investor Relations
No. 3 Wells Fargo.
In third place is Wells Fargo.
Its market capitalization is about $17 trillion.
Wells Fargo is another Buffett stock as well.
It is the financial institution with the most branches in the United States.
While the major banks focus on commercial and investment banking, Wells Fargo specializes in commercial banking and is very conservatively managed.
Wells Fargo is also aggressively buying back its own stock, but the stock price has not changed much.
The dividend rate is 1.6%, which has been reduced by Corona.
The company’s business is essentially fine and its future is promising.
Profitability and Dividends
As shown below, U.S. banks have very stable profits.
JP Morgan Chase has revenues of about 13 trillion yen and earned a large net income of about 5 trillion yen.
It also has the highest profit margin at 47%.
Other banks are also efficiently managed with profit margins of about 30%.
| No. | Ticker | Company | P/E | Devidend | Profit M |
| 1 | JPM | JPMorgan Chase & Co. | 11.3 | 2.99 | 47.1 |
| 2 | BAC | Bank of America Corporation | 11.77 | 2.37 | 43.1 |
| 3 | WFC | Wells Fargo & Company | 12.08 | 2.58 | 32.3 |
| 4 | C | Citigroup Inc. | 6.56 | 4.19 | 23.4 |
Please refer to the following for profit margin and other data.
Summary
I have discussed bank rankings in the United States.
In my experience, the stock prices of U.S. banks tend to be sensitive to events, which can lead to sudden and temporary declines in stock prices.
For this reason, those who have limited assets to invest or who are concerned about the ups and downs of stock prices may want to consider this once again.
You can check heat map for stock as shown below.