Event
Bank assets at 30 June 2026
On 30 June 2026 the four largest of 4,213 FDIC-insured banks held about 40 percent of all their assets, by our sum of the FDIC’s list. Another measure, five banks’ share, was 44.9 percent in 2008, 56.3 in 2015 and 49.7 in 2021.
- Dates
- 30 Jun 2026
Our sums, from the FDIC’s BankFind list of 30 October 2026 (data at 30 June 2026): all 4,213 institutions held $26.45 trillion in assets and $20.69 trillion in deposits. The four largest by assets (JPMorgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank) held 40.2 percent of the assets and 38.9 percent of the deposits; the ten largest, 54.2 and 52.5 percent. These are banks, not holding companies. The five-bank series is a different measure and not directly comparable.
Connections 4
involved
- JPMorgan Chase largest bank: $4.09 trillion in assets, 15.5 percent of the total (our sum) Primary record 1
- Bank of America second largest: $2.65 trillion in assets Primary record 1
- Federal Deposit Insurance Corporation source of the list: 4,213 active institutions Primary record 1
- Federal Reserve its St. Louis bank hosts a World Bank series: the five largest banks held 44.9% of assets in 2008, 56.3% in 2015 and 49.7% in 2021; a different measure from the FDIC sum Primary record 2
Timeline 1 date
- 30 Jun 2026 Bank assets at 30 June 2026
Proof 2 sources
-
FDIC BankFind API: active institutions, assets and deposits at 30 June 2026 (index of 30 October 2026), Federal Deposit Insurance Corporation, 30 Oct 2026.
Primary record
"REPDTE":"06/30/2026","ASSET":4091315000,"CERT":628,"DEP":2820284000,"NAME":"JPMorgan Chase Bank, National Association"
"REPDTE":"06/30/2026","ASSET":2654645000,"CERT":3510,"DEP":2121804000,"NAME":"Bank of America, National Association"
"total":4213
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Bank concentration for United States: assets of the five largest banks as a share of all commercial banking assets (FRED series DDOI06USA156NWDB), Federal Reserve Bank of St. Louis (FRED), World Bank data, 2021.
Primary record
2015-01-01,56.345500000000001
2008-01-01,44.893709999999999
Page history 3 changes
- Second revision of Too Big to Fail: the FTC's 1917 finding, the 1952 report's seven firms, the 1984 hearing record, and corrected cards for Spirit, beef, tickets, Google and the final verdict05663c47
- Revise Too Big to Fail after the skeptic's review: read to 2 November 2026, a verdict card that separates findings from shares, the 1929 fight with its scandal and the board's stand, and sources for every cardc819f2cb
- Add the story Too Big to Fail: Standard Oil's stockholders, the phrase's origin in 1984, and market-by-market cases to November 2026aa9c434d
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