Entering text into the input field will update the search result below

Largest lenders cementing their market share

  • Despite constant concerns about banks that are "too big too fail," the amount of assets that the U.S.'s five largest lenders control has grown to 44.2% of the total in the sector from 43.5% in 2012, a report from provider SNL Financial shows.
  • In 2007, the figure was 38.4% and in 1990 it was just 9.67%.
  • The banking operations of JPMorgan (NYSE:JPM), Bank of America (NYSE:BAC), Citigroup (NYSE:C), Wells Fargo (NYSE:WFC) and U.S. Bancorp (NYSE:USB) held $6.46T in assets as of Q3 2013.
  • The easing of regulation, which gained momentum in the 1990s, encouraged consolidation in the sector, as did the government pushing stronger banks to buy those that were about to collapse - or did collapse - because of the financial crisis in 2008.
  • ETFs: FAS, XLF, FAZ, UYG, KRE, VFH, KBE, IYF, SEF, IAT, IYG, PFI, FXO, KBWB, KME, RKH, QABA, KRU, FINU, RWW, KBWR, RYF, PSCF, FNCL, KRS, FINZ

Recommended For You

About JPM Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
JPM--
JPMorgan Chase & Co.