BANKING
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TOP TEN U.S. COMMERCIAL BANKS, BY REVENUE, 2002

($ millions)


Rank

Company

Revenues
1Citigroup$100,789
2Bank of America Corp.45,732
3J.P. Morgan Chase43,372
4Wells Fargo28,473
5Wachovia Corp.23,591
6Bank One Corp.22,171
7FleetBoston15,868
8U.S. Bancorp15,422
9MBNA10,431
10National City Corp.8,728

Source: Fortune.
  • In 2002, the largest commercial banks, those with assets of more than $10 billion, increased their share of bank assets by 1.3 percentage points and their share of deposits by 1.2 percentage points from the previous year. There were the same number of banks in this category in 2001 and 2002.

TOP TEN U.S. COMMERCIAL BANKS, BY ASSETS, 2002

($ millions)


Rank

Company

Assets
1The Chase Manhattan Bank$622,388
2Bank of America, NA565,382
3Citibank, N.A.498,676
4First Union National Bank318,870
5Bank One, NA217,537
6Wells Fargo Bank, NA183,712
7Fleet National Bank179,362
8Firstar Bank, NA176,050
9Suntrust Bank115,149
10HSBC Bank USA86,416

Source: Board of Governors of the Federal Reserve System.