Top 10 Banks in the US in 2021 by Revenues

JPMorgan Chase & Co, Bank of America Corp, Wells Fargo & Co, Citigroup Inc, and The Goldman Sachs Group Inc are the top 5 banks in the US in 2021 by revenue. Collectively, the top 10 US-based banks increased revenue by $607,947 million where the US-based JPMorgan Chase & Co is the highest ($127,202 million), followed by Bank of America Corp ($93,851 million), Wells Fargo & Co ($82,407 million), and The PNC Financial Services Group Inc stood the lowest ($19,698 million). The average revenue growth of the top 10 banks stood at 1.7%, and 4 out of the top 10 banks had a revenue decline in 2021, with the highest revenue growth being registered by Morgan Stanley (16.2%), followed The Goldman Sachs Group Inc (15.3%), while the lowest revenue growth was registered by Bank of America Corp (0.1%). The top 10 banks employed a total of 1,318,515 people in 2021. US-based JPMorgan Chase & Co is the leading bank in the US by revenues in 2021. The Bank reported revenues of $127,202 million for the fiscal year ended December 2021, financial discipline, constant investment in innovation, and ongoing development of people are what enabled them to persevere in their steadfast dedication to helping clients, communities, and countries throughout the world. 2021 was another strong year for JPMorgan Chase, with the firm generating record revenue, as well as setting numerous other records in each of their lines of business. JPM classifies its business operations into five segments: Consumer & Community Banking, Corporate & Investment banking, Asset & Wealth Management, Commercial Banking, and Corporate. It operates in more than 62 countries across North America, Europe, the Middle East, Africa, Asia-Pacific: Latin America, and the Caribbean.