Which bank became the first U.S. bank with more than $4 trillion in assets?

JPMorgan Chase became the first U.S. bank with more than $4 trillion in assets.

JPMorgan Chase is the largest bank in the United States by many measures and operates consumer banking, commercial banking, investment banking, asset management, and payments businesses. Its modern structure reflects a long series of mergers, including the 2000 combination of J.P. Morgan and Chase Manhattan.

The bank crossed the $4 trillion asset threshold in 2025, according to reports based on its regulatory financial statements. Total assets include loans, securities, cash, and other financial holdings; they are not the same thing as market capitalization, which measures the value investors assign to a company's publicly traded equity.

The company is often confused with JPMorgan, the investment-banking brand, or Chase, its consumer-facing banking brand. Both operate within JPMorgan Chase & Co., whose chief executive has been Jamie Dimon since 2006.