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As of June 30, the top five companies had a combined total of nearly $7.5 trillion in deposits. Eleven of the top 20 companies saw their deposits increase year-on-year, with one company increasing by 8.3%.
Scroll to see which banks listed by U.S. Headquarters are in the top 20 and how they performed in the 12 months ending in June.
Source: S&P
Ranking banks by total deposits in the second quarter
Rank Company name Total deposits 2024Q2 Total deposits 2023Q2 YoY 20 Ally Bank $152,154,000,000 $154,310,000,000 -1.40% 19 Huntington Bank $154,631,540,000 $148,249,964,000 4.30% 18 Bank $159,906,008,000 $162,056,787,000 -1.30% 17 Fifth Third Bank $166,768,000,000 $164,127,000,000 1.60% 16 Citizen Bank $176,885,109,000 $178,183,835,00 0 -0 .70% 15 BMO $202,075,389,000 $200,571,401,000 0.70% 14 State Street Bank $239,160,000,000 $222,316,000,000 7.60% 13 Charles Schwab $252,441,000,000 4,430,000 000 -17.10% 12 BNY $304,369,000,000 $292,072,000,000 4.20% 11 TD Bank $312,736,192,000 $330,365,206,000 -5.30% 10 Morgan Stanley $348,893 ,000,000 $34 8,513,000,000 0.10% 9 Capital One Bank $351,449,936,000 $343,710,168,000 2.30 % 8 Trust Bank $385,411,000,000 $406,043,000,000 -5.10% 7 PNC Bank $416,410,277,000 $427,506 ,839,000 -2.60% 6 Goldman Sachs $431,161,000,000 $398,116,00 0,000 8.30% 5 US Bank $523,785,000,000 $521,600,000,000 0.40% 4 Citibank $1,278,137,000,000 $1,330,516,000,000 -3.90% 3 Wells Fargo $1,365,991,000,000 $1,344,694,000,000 1.60% 2 Bank of America $1,910,491,000,000 $1,877,209,000,000 1.80% 1 JPMorgan Chase $2,396,5 30,000,000 $2,398,962,000,000 -0.10%
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