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      20 bank holding companies with the largest business loan portfolios


      Enjoy complimentary access to top ideas and insights — selected by our editors.

      The top five bank holding companies in the ranking had combined business loan portfolios of more than $2.6 trillion as of Dec. 31. Several banks increased their loans over the previous year, with Charles Schwab seeing the largest increase at 33.2%.

      Scroll through to see which bank holding companies, listed by their U.S. headquarters, are in the top 20 and how they fared in the 12 months ended December 2024.

      Bank holding companies with the largest business loan portfolios

      Rank Company City State Total
      business loans
      2024 Q4 
      Total
      business loans
      2023 Q4 
      20 American Express New York $69,232,000,000 $64,705,000,000
      19 Citizens Bank Providence RI $70,745,797,000 $76,179,880,000
      18 KeyCorp Cleveland $72,594,868,000 $78,023,585,000
      17 Huntington Bank Columbus OH $73,247,042,000 $68,212,130,000
      16 Fifth Third Bank Cincinnati $73,745,000,000 $73,171,000,000
      15 M&T Bank Buffalo NY $88,252,682,000 $89,977,017,000
      14 Charles Schwab Westlake TX $89,320,000,000 $67,057,000,000
      13 Capital One McLean VA $101,459,310,000 $104,734,877,000
      12 TD Bank Cherry Hill NJ $104,646,317,000 $108,902,956,000
      11 BMO Bank Chicago $108,822,095,000 $111,512,760,000
      10 First Citizens Bank Raleigh NC $112,207,000,000 $106,225,558,000
      9 Truist Bank Charlotte NC $186,155,000,000 $192,703,000,000
      8 U.S. Bank Minneapolis $192,433,000,000 $189,534,000,000
      7 Morgan Stanley New York $194,310,000,000 $173,960,000,000
      6 PNC Bank Pittsburgh $217,344,983,000 $220,839,568,000
      5 Goldman Sachs New York $220,896,000,000 $205,105,000,000
      4 Citibank New York $365,236,000,000 $362,713,000,000
      3 Wells Fargo San Francisco $541,271,000,000 $551,364,000,000
      2 Bank of America Charlotte NC $707,133,000,000 $654,988,000,000
      1 JPMorgan Chase New York $788,382,000,000 $757,642,000,000



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