Nine banks with branches in the Baltimore region, including Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, Capital One, PNC Financial, TD Bank, BB&T, SunTrust and M&T Bank, were recently ranked among the 50 largest banks in America.
Bank of America, which holds the largest share of the Baltimore area’s banking market, came in second with $2.2 trillion in the fourth quarter of last year. JPMorgan Chase topped the list with $2.3 trillion in assets, Baltimore Business Journal reports.
From the third quarter to the fourth quarter of last year, TD Bank fell from eleventh to tenth place, BB&T rose to twelfth place from thirteenth and M&T fell to spot eighteen from seventeenth place.
In the fourth quarter, M&T posted $83 billion in assets, as well as $40.6 billion in assets from Hudson City Bancorp, which it is purchasing for $3.7 billion, according to Baltimore Business Journal.