Market Share of US Commercial Banking Industry
The US commercial banking market is consolidated. It is one of the most competitive in the world, with major players worldwide operating in the market. There are many opportunities for growth in the commercial banking market in the United States over the next few years, especially for fintech startups partnering with these big players, which will further increase competition in the market. With a few big players dominating the market, there is a high degree of consolidation in the market studied, with the market share being at its highest level in 10 years. The leading players in the market are JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Well Fargo & Co., and Goldman Sachs Group Inc.
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US Commercial Banking Market Leaders
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JPMorgan Chase & Co.
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Bank of America Corp.
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Citigroup Inc.
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Wells Fargo & Co.
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Goldman Sachs Group Inc.
*Disclaimer: Major Players sorted in no particular order
