List of largest banks
By total assets
4 Largest Chinese banks = $14.82 trillion.
If JPMorgan Chase reported under the IFRS,
it would be ranked 5th in the list as of 2020, rather than 7th.[1]
Rank - - - - Bank name - - - - - - Total assets
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _(2019)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ (US$ Billion)
1 Industrial and Commercial Bank of China 4,324.27
2 China Construction Bank 3,653.11
3 Agricultural Bank of China 3,572.98
4 Bank of China 3,270.15
5 JPMorgan Chase 3,213.00
6 Mitsubishi UFJ Financial Group 2,892.97
7 HSBC 2,715.15
8 Bank of America 2,434.08
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By market capitalization
The list is based on Relbanks.com’s ranking as at 12 January 2018,
where the data are derived from annual reports and financial statements of the companies.[3]
Rank - - - - Bank name - - - - - - Market cap
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ (US$ billion)
1 JPMorgan Chase 390.934
2 Industrial and Commercial Bank of China 345.214
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By market capitalization
### Market Capitalization Definition - Investopedia
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Searching:
“are business asset larger than bank assets?”
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“market cap”
Market capitalization refers to the total dollar market value of a company’s outstanding shares of stock. Commonly referred to as “market cap,” it is calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share. ~ Feb. 5, 2021
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“asset value”
In stocks, the market value of a company’s assets per share. Asset value does not take into account the share price; one calculates the asset value by adding together the total value of the company’s tangible and intangible assets and dividing by the shares outstanding.