Full-time equivalent employees: US bank rankings
JPMorgan Chase Bank has the highest full-time equivalent employees of the 500 US banks ranked at , at 226,846, ahead of Wells Fargo Bank (174,186) and Citibank (169,535). Median full-time equivalent employees: 571. Source: FDIC Call Reports, checked against FFIEC filings.
Key takeaways
- The median full-time equivalent employees rose to 571 from 556 between and (FDIC Call Report data).
- Median full-time equivalent employees by size: 18,960 for banks over $100 bn, against 420 for banks $1 bn to $10 bn (, FDIC Call Reports).
- TD Bank USA made the largest climb in the full-time equivalent employees table, from 485th to 122nd in (FDIC Call Report data).
Ranking, Q2 2026
| Rank | Change | Bank | State | Q2 2026 | Q1 2026 | |
|---|---|---|---|---|---|---|
| 1 | same | JPMorgan Chase Bank | OH | 226,846 | 227,258 | |
| 2 | same | Wells Fargo Bank | SD | 174,186 | 179,673 | |
| 3 | same | Citibank | SD | 169,535 | 174,008 | |
| 4 | same | Bank of America | NC | 133,777 | 136,056 | |
| 5 | same | Capital One | VA | 90,255 | 88,752 | |
| 6 | same | U.S. Bank | OH | 65,445 | 65,495 | |
| 7 | same | PNC Bank | DE | 56,903 | 57,168 | |
| 8 | same | State Street Bank and Trust Company | MA | 48,653 | 49,446 | |
| 9 | same | The Bank of New York Mellon | NY | 38,935 | 39,226 | |
| 10 | same | Truist Bank | NC | 35,808 | 35,820 | |
| 11 | same | TD Bank | DE | 28,582 | 29,545 | |
| 12 | +1 | The Huntington National Bank | OH | 25,478 | 25,197 | |
| 13 | -1 | Fifth Third Bank | OH | 25,131 | 25,966 | |
| 14 | same | The Northern Trust Company | IL | 23,363 | 23,432 | |
| 15 | same | Manufacturers and Traders Trust Company | NY | 20,575 | 20,792 | |
| 16 | same | Regions Bank | AL | 19,895 | 19,799 | |
| 17 | +1 | KeyBank | OH | 18,026 | 17,874 | |
| 18 | -1 | First-Citizens Bank & Trust Company | NC | 18,010 | 18,173 | |
| 19 | same | Citizens Bank | RI | 17,326 | 17,016 | |
| 20 | same | BMO Bank | IL | 16,526 | 16,638 | |
| 21 | same | USAA Federal Savings Bank | AZ | 11,883 | 12,599 | |
| 22 | same | Synchrony Bank | UT | 9,671 | 9,668 | |
| 23 | same | Ally Bank | UT | 9,382 | 9,128 | |
| 24 | same | Zions Bancorporation | UT | 9,039 | 9,090 | |
| 25 | same | Pinnacle Bank | TN | 8,261 | 8,217 | |
| 26 | same | City National Bank | CA | 7,782 | 7,807 | |
| 27 | same | First Horizon Bank | TN | 7,431 | 7,362 | |
| 28 | same | Banco Popular de Puerto Rico | PR | 7,278 | 7,268 | |
| 29 | same | SouthState Bank | FL | 6,430 | 6,390 | |
| 30 | +1 | Frost Bank | TX | 6,103 | 6,058 | |
| 31 | -1 | Arvest Bank | AR | 6,087 | 6,081 | |
| 32 | +1 | Santander Bank | DE | 5,678 | 5,787 | |
| 33 | -1 | Columbia Bank | OR | 5,590 | 5,815 | |
| 34 | same | Flagstar Bank | NY | 5,374 | 5,442 | |
| 35 | same | Commerce Bank | MO | 4,813 | 4,797 | |
| 36 | same | BOKF | OK | 4,804 | 4,788 | |
| 37 | +9 | Barclays Bank Delaware | DE | 4,631 | 4,125 | |
| 38 | -1 | Webster Bank | CT | 4,565 | 4,562 | |
| 39 | same | Old National Bank | IN | 4,377 | 4,416 | |
| 40 | same | Goldman Sachs Bank USA | NY | 4,355 | 4,409 | |
Rank 1 = highest. Change: places since .
How is full-time equivalent employees distributed?
The middle half of the full-time equivalent employees table: between 329 and 1,211. Top tenth of full-time equivalent employees: above 3,432; bottom tenth: below 226. Far from the rest on full-time equivalent employees: JPMorgan Chase Bank (226,846); Wells Fargo Bank (174,186); Citibank (169,535); Bank of America (133,777); Capital One (90,255), and 43 more.
| Size group (total assets) | Banks | Lower quarter | Median | Upper quarter |
|---|---|---|---|---|
| All banks ranked | 500 | 329 | 571 | 1,211 |
| $1 bn to $10 bn | 339 | 291 | 420 | 614 |
| $10 bn to $100 bn | 126 | 1,043 | 1,891 | 2,971 |
| Over $100 bn | 32 | 5,678 | 18,960 | 38,935 |
What changed since Q1 2026?
The top 25 by full-time equivalent employees kept the same members as in .
Biggest climbs: TD Bank USA (485th to 122nd); Vallant Bank (329th to 242nd); Community West Bank (372nd to 316th); OceanFirst Bank (158th to 109th); Bristol County Savings Bank (307th to 261st).
Biggest drops: Merrick Bank (259th to 292nd); Capital Bank (292nd to 322nd); Israel Discount Bank of New York (224th to 254th); Westamerica Bank (225th to 247th); SMBC MANUBANK (182nd to 203rd).
How the full-time equivalent employees ranking is built
Full-time equivalent employees is the number of staff on the bank's payroll at the quarter end, with part-time staff counted as fractions (FDIC field NUMEMP). Caveats: staff employed by the holding company or an affiliate and working for the bank are not counted, so some banks report far fewer employees than their operations suggest; outsourcing and branch networks differ widely; and the figure is the bank's own count.
Questions
Which US bank has the highest full-time equivalent employees?
JPMorgan Chase Bank, at 226,846 at , among 500 banks reporting it.
What is the median full-time equivalent employees of US banks?
571 at , against 556 at .
How is full-time equivalent employees measured?
Number of full-time equivalent employees on the payroll.
When does the full-time equivalent employees ranking change?
Quarterly. figures come after .
Other US bank rankings
Size and balance sheet: Total assets, Total deposits, Net loans and leases, Loan-to-deposit ratio, Total securities, Deposits in domestic offices, Total loans and leases (gross)
Capital: CET1 ratio, Tier 1 leverage ratio, Total risk-based capital ratio, Bank equity capital, Total equity capital
Profitability: Return on equity (ROE), Return on assets (ROA), Net interest margin, Efficiency ratio, Net income (year to date)
Asset quality: Noncurrent loans to total loans, Net charge-offs to average loans
Deposits at risk: Uninsured share of domestic deposits, Estimated uninsured deposits
Securities: Available-for-sale securities (fair value), Available-for-sale securities (amortized cost), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value)
Staff and branches: Number of offices