As of December 31, 2022, JPMorgan Chase was the leading bank in the United States in terms of net income. The American banking giant reported a total net income of roughly 34.34 billion U.S. dollars, sevel billion more than Bank of America, which was second in the ranking. Wells Fargo also made it to the top three, with a net income of 16 billion U.S. dollars. These three banks were also the largest banks based on total assets.
Largest banks in the United States in 2022, by net income
(in billion U.S. dollars)
Characteristic
Net income in billion U.S. dollars
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USBankLocations.com. (May 26, 2023). Largest banks in the United States in 2022, by net income (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/
USBankLocations.com. "Largest banks in the United States in 2022, by net income (in billion U.S. dollars)." Chart. May 26, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/
USBankLocations.com. (2023). Largest banks in the United States in 2022, by net income (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/
USBankLocations.com. "Largest Banks in The United States in 2022, by Net Income (in Billion U.S. Dollars)." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/
USBankLocations.com, Largest banks in the United States in 2022, by net income (in billion U.S. dollars) Statista, https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/ (last visited August 24, 2024)
Largest banks in the United States in 2022, by net income (in billion U.S. dollars) [Graph], USBankLocations.com, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/431772/leading-banks-usa-by-net-income/