Biggest Banks 2026: assets of the world’s top 50 banks rose 13% to $108 trillion, led by China’s state-owned banks, with Western Europe placing 20 banks.
Balance sheets of global banks continued to expand in 2025 as central banks across many major economies became more accommodative, with lower rates supporting economic activity and healthy equity markets sustaining investment.
Overall, the assets of the top 50 global banks increased 13% year over year to reach $108 trillion as of December 2025. This growth was reflected among the Chinese banks in our rankings, which reported over $43 trillion in aggregate as policy-driven balance-sheet expansion offset weakness in overall loan growth. The country’s large state-owned banks top the rankings, and 15 banks are included, unchanged from last year. The Asia-Pacific region accounts for 18 institutions when Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho are added. Western Europe places the most banks on the list with 20, up from 19 last year, following the addition of Banque Federative du Credit Mutuel at No. 48. BNP Paribas edged out HSBC for the largest bank on the continent.
JPMorgan Chase tops North American banks as U.S. banks’ assets grew 11% year over year. The four Canadian banks each now exceed $1 trillion in assets, driven by 9% average annual growth.
With the addition of Banque Fédérative du Crédit Mutuel, State Bank of India was pushed off this year’s rankings. The asset cutoff for inclusion at $847 billion rose 9% in 2025.
