Top 10 Banks in the UK in 2021 by Revenue

HSBC Holdings Plc, Lloyds Banking Group Plc, Barclays Plc, Standard Chartered Plc, and NatWest Group Plc are the top 5 UK-based Banks in 2021 by revenue. Collectively, the top UK-based Banks generated revenue of $224,026 million, where HSBC Holdings Plc was the highest ($80,558 million), and Bank of Ireland (UK) Plc stood the lowest ($890 million). 5 out of 10 companies had a revenue decline in 2021, with the highest revenue growth being registered by Lloyds Banking Group Plc (24.6%), and the lowest revenue growth being registered by OSB Group Plc (0.7%). The top 10 banks in the UK employed a total of 521,323 people in 2021. The United Kingdom-based HSBC Holdings Plc ltd is the leading bank in the UK by revenue in 2021. The Bank reported revenues of $80,558 million for the fiscal year ending December 2021 (FY2021). due to an increase of 4% in credit and lending revenue as a result of wider margins and a 9% growth in global trade and receivables finance driven by an increase in fee income in all the regions. HSBC Holdings Plc is a banking and financial services group, which provides retail, commercial, and private banking, and wealth management solutions. HSBC operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Corporate Centre. The group serves about 40 million customers in 64 countries and territories in Europe, Asia, the Middle East, Africa, North America, and Latin America. HSBC employed 218,866 people in 2021. Barclays Plc (Barclays) is another leading bank in the UK by revenue in 2021. The bank reported revenue of $38,047 million for the fiscal year ended December 2021 (FY2021), a decline of 1.03% as compared to the previous year. Barclays is a provider of personal, commercial, investment banking, and other financial solutions. Its offerings consist of deposit services and accounts, loans, cards, private banking, wealth management, and other solutions.