Market capitalization of 100 largest banks worldwide 2016-2024
The market capitalization of the 100 largest banks fluctuated notably between 2016 and 2024, with an increasing trend in recent quarters. In the first quarter of 2024, the market cap of the largest banks was 6.4 trillion euros, up from 5.8 trillion euros in the previous quarter. This was the highest value in the observed period. Market cap is the number of shares in a company multiplied by the price per share. In this case, the sector market cap is the sum of this metric for the 100 largest banks worldwide.
Market cap and banking
The leading banks worldwide each have a market cap of up to hundreds of billions of U.S. dollars. Naturally, the metric can mostly measure publicly traded companies, as they are obliged to publish financial reports. The major international banks are already publicly traded, as opposed to smaller financial institutions or fintech companies operating in the banking sector.
Other measures
Market cap gives an idea of the value of a bank’s size but says little about the size of its balance sheet. For this reason, sometimes analysts prefer alternate measures. Assets under management give an idea of the total value of assets that a bank oversees.
