World's Top Ten Banks by Assets

BankersAlmanac.com, a site run run by the information database provider Reed Elsevier, tracks the world’s top banks based on assets.

The World’s Top 10 Banks ranked by Total Assets:

Rank	Bank	Country	Ticker	Assets (in US$Mil.)	Dividend Yield
1	Royal Bank of Scotland	UK	(RBS)	3,483,179	N/A
2	Deutsche Bank	Germany	(DB)	3,068,724	1.04%
3	Barclays Bank	UK	(BCS)	2,977,491	N/A
4	BNP Paribas	France	(BNPQY.PK)	2,477,272	1.76%
5	Credit Agricole Group	France		2,067,577
6	UBS	Switzerland	(UBS)	1,881,246	N/A
7	JP Morgan Chase & Co	US	(JPM)	1,746,242	4.11%
8	Societe Generale	France	(SCGLY.PK)	1,566,904	2.25%
9	Bank of America Corp	US	(BAC)	1,471,631	0.23%
10	UniCredit	Italy		1,456,892

Note: Data compiled from banks’ balance sheet information included on Bankersalmanac.com on 5th August 2009

European banks dominate the above list. Royal Bank of Scotland ranks the number one bank in terms of assets held. Currently the British government is the largest owner of the bank and due to severe losses and conditions of government bailout, RBS stopped paying dividends. The total assets held by RBS is more than double the size of assets held by Bank of America. Deutsche Bank has a large global presence but now offers a low yield.

Among the large French banks, BNP Paribas fared the credit crisis better than Societe Generale. And Societe Generale took a $7.2 B loss last year due to the rogue trader Jérôme Kerviel. US-based banks JP Morgan Chase and Bank of America are two of the so-called “too big to fail” banks. JP Morgan Chase is in a much better shape than Bank of America. As shown above, JPM also has the highest dividend yield.

Comments

[Tim416:]

Not quite...
Bank of America 10Q - 08/07/09
"Total Assets - $2,158,746"
investor.bankofamerica...

vs the 1,471,631 you quote. Not even in the same ballpark.

RBS - Interim Results for the half year ended 30 June 2009 Company Announcement
Total assets 1,644,445 £m
1 British pound = 1.64800 U.S. dollars
= 2,710,045
vs the 3,483,179 in your article...even at 2 pounds per $ your RBS total assets figure is totally out of wack.

files.shareholder.com/...

Aug 23 04:22 AM

[Tim416:]

7 JP Morgan Chase & Co US (JPM) 1,746,242 4.11%
" As shown above, JPM also has the highest dividend yield."

investor.shareholder.c...
05/19/2009 07/01/2009 07/06/2009 07/31/2009 0.05
02/23/2009 04/02/2009 04/06/2009 04/30/2009 0.05

Notice the last 2 dividends were 0.05. That would give you an annualized 0.20 dividend.

finance.yahoo.com/q?s=JPM
Share price of ~43.66 per share.

0.20 / 43.66 = 4% how? closer to 0.458% to me. (half a percent vs 4%)

Aug 23 04:30 AM

[Tom3713:]

Plus where is Citigroup - 1,848,533 as of 30-Jun-09?

On Aug 23 04:22 AM Tim416 wrote:

>
> Not quite...
> Bank of America 10Q - 08/07/09
> "Total Assets - $2,158,746"
> investor.bankofamerica...;p=irol-sec
>
>
> vs the 1,471,631 you quote. Not even in the same ballpark.
>
> RBS - Interim Results for the half year ended 30 June 2009 Company
> Announcement
> Total assets 1,644,445 £m
> 1 British pound = 1.64800 U.S. dollars
> = 2,710,045
> vs the 3,483,179 in your article...even at 2 pounds per $ your RBS
> total assets figure is totally out of wack.
>
> files.shareholder.com/...
>
>
>

Aug 23 09:51 AM

[JayC:]

Tim416 is correct, 0.46 % yield for JPM.

Aug 23 10:39 AM

[igggy:]

Yep, that data is 8 months old (at least):
www.bankersalmanac.com...

Thumbs down to the author!

Aug 23 11:59 PM

[Jake2:]

Point?

Aug 24 02:10 AM

[TeresaE:]

So, are the BAC assets using marked to bullshit? or an actual valuation?

Aug 24 03:53 PM