Market cap of largest banks globally since coronavirus outbreak 2023

Published by Statista Research Department, Nov 23, 2023
The market capitalization of JPMorgan Chase fell from 437.2 billion U.S. dollars in December 2019 to 274.3 billion U.S. dollars in March 2020 as a result of the coronavirus (COVID-19) outbreak. The pandemic had a significant impact on the global financial markets, and the market capitalization of the largest global banks took a hit. It was not until around one year later, in February 2021 or later, that the market capitalization of most banks returned to pre-pandemic levels.

Monthly market capitalization of the largest global banks since the coronavirus outbreak from December 2019 to October 2023 (in billion U.S. dollars)

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Release date

November 2023

Region

Worldwide

Survey time period

December 2019 to June 2023

Special properties

figures from the last day of the respective month

Supplementary notes

The selection of banks is based on total assets in 2022. Based on this, Crédit Agricole was the 10th largest bank in the world, but due to the lack of available data, it is replaced with Citigroup.

There was no available data for HSBC between October 2022 and December 2022.

Figures are rounded.

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