The ten largest banks in the world by total assets, from S&P Global Market Intelligence's April 2026 ranking of assets at the end of 2025.
Industrial and Commercial Bank of China (ICBC) is the world's largest bank by total assets, with $7.65 trillion at the end of 2025. Agricultural Bank of China is second at $6.97 trillion and China Construction Bank third at $6.52 trillion. The ranking is S&P Global Market Intelligence's April 2026 list of the world's largest banks.
Total assets measure the size of a bank's balance sheet: its loans, securities, cash and other holdings. This list ranks the ten largest banks in the world by that measure, using S&P Global Market Intelligence's annual ranking published in April 2026, which is based mostly on balance sheets at the end of 2025. Chinese state-owned banks hold the top four places, and five of the top ten are Chinese. JPMorgan Chase is the largest bank outside China. In Europe, BNP Paribas overtook HSBC to become the region's largest bank.
ICBC kept the No. 1 spot in S&P Global Market Intelligence's 2026 ranking with $7.65 trillion in total assets at the end of 2025. Its lead over second-placed Agricultural Bank of China is about $671 billion.
Agricultural Bank of China ranks second with $6.97 trillion in total assets, the same position it held in S&P's 2025 ranking. It is one of China's four large state-owned commercial banks.
China Construction Bank is third with $6.52 trillion in total assets. ICBC, ABC, CCB and Bank of China hold the top four places in the same order as the year before.
Bank of China completes the Chinese top four with $5.48 trillion in total assets, about $1.06 trillion more than the largest non-Chinese bank.
JPMorgan Chase is the largest bank outside China and kept fifth place with $4.42 trillion in total assets. US GAAP lets US banks net most derivative positions, which makes their reported assets smaller than they would be under IFRS; S&P ranks assets as reported.
Bank of America stayed in sixth place with $3.41 trillion in total assets, making it the second-largest US bank on the list.
BNP Paribas rose to seventh with $3.28 trillion in total assets, overtaking HSBC to become Europe's largest bank in S&P's 2026 ranking.
HSBC slipped to eighth with $3.21 trillion in total assets after BNP Paribas passed it. S&P notes the bank has been shedding assets and exiting markets as part of a group streamlining effort.
Crédit Agricole is ninth with $3.15 trillion in total assets, the second French bank in the top ten.
Postal Savings Bank of China takes tenth place with $2.67 trillion in total assets, a fifth Chinese bank in the top ten. Japan's Mitsubishi UFJ Financial Group is just behind in 11th at $2.67 trillion ($2,666.71 billion).
| # | Name | HQ | Country | Total assets (US$ bn) |
|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China (ICBC) | Beijing, China | China | 7,645.80 |
| 2 | Agricultural Bank of China (ABC) | Beijing, China | China | 6,974.82 |
| 3 | China Construction Bank (CCB) | Beijing, China | China | 6,524.05 |
| 4 | Bank of China (BOC) | Beijing, China | China | 5,484.11 |
| 5 | JPMorgan Chase | New York City, United States | United States | 4,424.90 |
| 6 | Bank of America | Charlotte, North Carolina, United States | United States | 3,411.74 |
| 7 | BNP Paribas | Paris, France | France | 3,279.30 |
| 8 | HSBC Holdings | London, United Kingdom | United Kingdom | 3,212 (S&P: $3.212 trillion) |
| 9 | Crédit Agricole | Montrouge, France | France | 3,148.91 |
| 10 | Postal Savings Bank of China | Beijing, China | China | 2,671.00 |
Banks are ranked by total assets as published in S&P Global Market Intelligence's 'The world's largest banks by assets, 2026' (April 2026), which uses the most recent reported balance sheets, mostly at the end of 2025. Figures are in US dollars as converted by S&P Global. Assets are ranked as reported and are not adjusted for accounting differences: US GAAP lets US banks net most derivative positions, while IFRS banks report them gross, so US banks look somewhat smaller than they would under IFRS. All ten figures come from that one S&P edition. The S&P article itself could not be opened during the 2026-10-18 audit; the figures were taken from the Wikipedia 'List of largest banks' table, which reproduces the S&P 2026 ranking, except HSBC. That table shows HSBC at $3,438.16 billion in sixth place, which contradicts S&P's own report of HSBC at $3.212 trillion in eighth place behind Bank of America and BNP Paribas, so this list uses S&P's $3.212 trillion. Total assets measure size, not profitability, capital strength or market value.
Industrial and Commercial Bank of China (ICBC), with $7.65 trillion in total assets at the end of 2025, according to S&P Global Market Intelligence's April 2026 ranking.
JPMorgan Chase, with $4.42 trillion, which puts it fifth in the world. Bank of America is next at $3.41 trillion, sixth in the world.
BNP Paribas, with $3.28 trillion. It overtook HSBC ($3.21 trillion) in S&P Global's 2026 ranking.
Total assets are the value of everything on a bank's balance sheet, such as loans, securities and cash. Market capitalization is the stock-market value of its shares. The Chinese banks lead on total assets, but they do not lead on market capitalization.
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