What is the largest bank in the United States by assets?

The largest bank in the United States by assets is JPMorgan Chase. Rankings based on consolidated assets consistently place JPMorgan Chase ahead of major competitors such as Bank of America, Citigroup, and Wells Fargo.

JPMorgan Chase & Co. is a financial-services company headquartered in New York City. Its modern scale comes from the combination and acquisition of several major banking institutions, including J.P. Morgan, Chase Manhattan, Bank One, Chemical Bank, and Washington Mutual’s banking operations. The company operates through consumer banking, commercial banking, investment banking, and asset and wealth management businesses.

“Largest bank” can mean different things, so the measurement matters. Asset rankings refer to the value of what a banking institution reports on its balance sheet, not market capitalization, number of branches, customer deposits, or brand familiarity. Chase is the company’s consumer-facing banking brand, while JPMorgan is especially associated with corporate and investment banking. Federal Reserve and FFIEC rankings use reported consolidated assets for comparisons.