While most of the largest banks in the United States saw increasing returns on equity in the first quarter of 2024, none of them reached their ROE measured in early 2023. In the first quarter of 2024, JPMorgan Chase had the highest ROE among the largest banks, followed by Wells Fargo and U.S. Bancorp.
Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024
Characteristic
JPMorgan Chase
Bank of America
Wells Fargo
Citigroup
U.S. Bancorp
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New York Fed. (June 21, 2024). Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/
New York Fed. "Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024." Chart. June 21, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/
New York Fed. (2024). Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/
New York Fed. "Return on Equity (Roe) of The Largest Banks in The United States from 1st Quarter 2013 to 1st Quarter 2024." Statista, Statista Inc., 21 Jun 2024, https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/
New York Fed, Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/ (last visited July 22, 2024)
Return on equity (ROE) of the largest banks in the United States from 1st quarter 2013 to 1st quarter 2024 [Graph], New York Fed, June 21, 2024. [Online]. Available: https://www.statista.com/statistics/1357881/return-on-equity-large-banks-usa-per-quarter/