Love them or hate them, banks are an important and prominent feature in today’s society. While not all banks have fared equally well throughout the years, some financial institutions are simply so big, they cannot fall (hopefully).
Following, we would like to present you with a list we have compiled of the top 20 biggest banks in the world, ranked according to their net interest income for the year 2013. The countdown was compiled using statistics provided by The Banker, earlier this year. The Banker is the world’s first and biggest finance and banking magazine and it has been releasing its bank rankings for over 4 decades now.
Curious to see which other banks have made it on the list? Let’s take a look at the countdown.
No. 20: Barclays PLC (ADR) (NYSE:BCS) (United Kingdom)
Net interest income: $18,358 million
Tier 1 Capital: $80.11 billion
Pre-tax profits: $388.01 million
Return on assets: 0.02%
No. 19: Bank of Communications (China)
Net interest income: $19,098 million
Tier 1 Capital: $57.61 billion
Pre-tax profits: $11.96 billion
Return on assets: 1.43%
No. 18: Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) (Spain)
Net interest income: $19,950 million
Tier 1 Capital: $46.77 billion
Pre-tax profits: $2.71 billion
Return on assets: 0.32%
No. 17: Deutsche Bank AG (USA) (NYSE:DB) (Germany)
Net interest income: $20,964 million
Tier 1 Capital: $66.60 billion
Pre-tax profits: $1.03 billion
Return on assets: 0.04%
No. 16: Banco Bradesco SA (ADR) (NYSE:BBD) (Brazil)
Net interest income: $21,247 million
Tier 1 Capital: $32.34 billion
Pre-tax profits: $7.57 billion
Return on assets: 1.93%
No. 15: Sberbank (Russia)
Net interest income: $23,205 million
Tier 1 Capital: $37.06 billion
Pre-tax profits: $14.75 billion
Return on assets: 2.97%
No. 14: Banco do Brasil (Brazil)
Net interest income: $23,730 million
Tier 1 Capital: $36.30 billion
Pre-tax profits: $7.46 billion
Return on assets: 1.34%
No. 13: Itau Unibanco Holding SA (ADR) (NYSE:ITUB) (Brazil)
Net interest income: $27,687 million
Tier 1 Capital: $35.18 billion
Pre-tax profits: $9.82 billion
Return on assets: 1.98%
No. 12: BNP Paribas (France)
Net interest income: $28,687 million
Tier 1 Capital: $99.22 billion
Pre-tax profits: $13.68 billion
Return on assets: 0.54%
No. 11: Credit Agricole (France)
Net interest income: $30,500 million
Tier 1 Capital: $81.35 billion
Pre-tax profits: -$1.99 billion
Return on assets: -0.08%
No. 10: HSBC Holdings plc (ADR) (NYSE:HBC) (United Kingdom)
Net interest income: $37,672
Tier 1 Capital: $151.05 billion
Pre-tax profits: $20.65 billion
Return on assets: 0.77%
No. 9: Banco Santander, S.A. (ADR) (NYSE:SAN) (Spain)
Net interest income: $39,772 million
Tier 1 Capital: $81.26 billion
Pre-tax profits: $4.67 billion
Return on assets: 0.28%
No. 8: Bank of China (China)
Net interest income: $40,853 million
Tier 1 Capital: $121.50 billion
Pre-tax profits: $29.79 billion
Return on assets: 1.48%
No. 7: Bank of America Corp (NYSE:BAC) (US)
Net interest income: $41,475 million
Tier 1 Capital: $155.46 billion
Pre-tax profits: $3.07 billion
Return on assets: 0.14%
No. 6: Wells Fargo & Co (NYSE:WFC) (US)
Net interest income: $43,746 million
Tier 1 Capital: 126.61 billion
Pre-tax profits: $28.00 billion
Return on assets: 1.97%
No. 5: JPMorgan Chase & Co. (NYSE:JPM) (US)
Net interest income: $45,121 million
Tier 1 Capital: $160 billion
Pre-tax profits: $28.92 billion
Return on assets: 1.23%
No. 4: Citigroup Inc. (NYSE:C) (US)
Net interest income: $48,635 million
Tier 1 Capital: $136.53 billion
Pre-tax profits: $7.50 billion
Return on assets: 0.40%
No. 3: Agricultural Bank of China (China)
Net interest income: $54,353 million
Tier 1 Capital: $111.49 billion
Pre-tax profits: $29.88 billion
Return on assets: 1.42%
No. 2: China Construction Bank (China)
Net interest income: $56,153 million
Tier 1 Capital: $137.60 billion
Pre-tax profits: $39.97 billion
Return on assets: 1.80%
No. 1: Industrial and Commercial Bank of China (China)
Net interest income: $66,427 million
Tier 1 Capital: $160.65 billion
Pre-tax profits: $49.08 billion
Return on assets: 1.76%