Top 10 Banks in Europe (excl. UK) in 2021 by Revenue

Credit Agricole SA, BNP Paribas SA, Banco Santander SA, La Banque Postale, and Societe Generale SA are the top 5 banks in Europe (excl.UK) in 2021 by revenues. Collectively, the top 10 Europe-based (excl.UK) banks generated revenue of $596,375 million where Credit Agricole SA was the highest ($108,892 million), and DZ Bank AG stood the lowest ($5137 million). The average revenue growth of the top 10 European banks stood at 9.8%. The highest revenue growth was registered by Credit Agricole SA (26.2%), while the lowest revenue growth was registered by Intesa Sanpaolo SpA (0.7%), and Banco Santander SA (0.7%). In terms of the geographic split, 5 out of 10 banks are based in France, 2 banks are based in Spain, and the remaining 3 banks are based in Russia, Italy, and Germany. They employed a total number of 1,197,276 people in 2021. France-based Credit Agricole SA is the leading European (excl. UK) bank by revenue in 2021. The company reported revenues of $108,892 million for the fiscal year ended December 2021 (FY2021), an increase of 26.2% over the previous year, due to growth in asset management, wealth management, and insurance. The company is a provider of retail, corporate, and investment banking; insurance; brokerage; structured finance; and private banking, and the company operated through 9,500 branches and 39 Regional Banks, it has an international presence in 47 countries. The bank employed a total of 75,711 people in 2021. Societe Generale SA (SG) is another leading European (excl. UK) bank by revenue in 2021. The bank reported revenue of $59,851 million for the fiscal year ended December 2021 (FY2021), a growth of 10.8% over FY2020. SG is a provider of banking and financial services to individuals, corporates, SMEs, high net worth individuals, and wealthy family clients. Its portfolio of offerings also consists of financial analysis, asset allocation, wealth planning, art advisory, and philanthropy.