Market capitalization of leading European banks 2010-2023
Between 2010 and 2023, HSBC Holdings was by far the largest European bank based on market capitalization. As of 2023, UBS ranked second, and BNP Paribas ranked third. In 2023, HSBC was the only European bank with a market cap over 100 billion euros.
At most leading banks in Europe by market capitalization, the impact of the coronavirus outbreak could be seen in the 2020 values. All banks except for UBS showed a decline in the market capitalization from December 31, 2019 to December 31, 2020. This trend can be seen by observing the monthly development of the market capitalization since the coronavirus outbreak in December 2019.