5 Largest Banks in the US by Customers

In this article, we will look at the 5 largest banks in the US by customers. If you wish to look at our detailed analysis, you can skip to 20 Largest Banks in the US by Customers

5. U.S. Bancorp (NYSE:USB)

Total Number of Customers: 68 million 

With more than 68 million customers, U.S. Bancorp (NYSE:USB) ranks fifth on our list. The bank has around 2,308 domestic branches and one foreign branch as of 2023. It reported $650.65 billion in consolidated assets and $641.26 billion in domestic assets in Cincinnati, Ohio, in 2023. 

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4. Bank of America Corporation (NYSE:BAC)

Total Number of Customers: 69 million 

Bank of America Corporation (NYSE:BAC) has around 69 million customers, ranking it fourth on our list. It is the second-largest bank in the country in terms of assets, reporting $2.54 trillion in consolidated assets and $2.40 trillion in domestic assets in Charlotte, North Carolina, in 2023. Bank of America Corporation (NYSE:BAC) has around 3,781 domestic and 23 foreign branches as of 2023. 

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3. Wells Fargo & Company (NYSE:WFC)

Total Number of Customers: 70 million 

Wells Fargo & Company (NYSE:WFC), a well-known American bank headquartered in San Francisco, California, ranks on our list of the 20 largest banks in the US by customers. It has more than 70 million customers spread across 4,359 bank branches across the country as of 2023. Wells Fargo & Company (NYSE:WFC) also has ten foreign branches. The bank reported $1.73 trillion in consolidated assets in 2023. 

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2. Capital One Financial Corporation (NYSE:COF)

Total Number of Customers: 100 million 

Capital One Financial Corporation (NYSE:COF) ranks second on our list, with around 100 million customers. The bank has 278 domestic branches as of 2023. Capital One Bank (NYSE:COF) reported $475.62 billion in consolidated assets, and $475.06 billion in domestic assets in Mc Lean, VR, in 2023. 

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1. Citigroup Inc. (NYSE:C)

Total Number of Customers: 200 million 

Citigroup Inc. (NYSE:C) ranks first on our list of 20 largest banks in the US by customers, with around 200 million customers. The bank has 654 domestic branches. It takes the lead in the number of foreign branches, with 115 branches spread across the globe. Citigroup Inc. (NYSE:C) reported $1.68 trillion in consolidated assets in Sioux Falls, SD, in 2023, according to data from the Federal Reserve Statistical Release. 

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Disclosure: None. You can also look at Top 20 Most Profitable Banks in the World and 21 Biggest Bankruptcies in American History. 

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