Bank Market Share by Deposits & Assets (2024) (2024)

FAQs

What is the deposit market share of a bank? ›

Deposit Market Share Reports

The percentage of deposits in an FDIC-insured institution within a defined geographic market based on an annual survey.

Profitability will dip but remain in good shape, and banks will build capital. While net interest income (NII) may decline in 2024, we expect banks to generate a return on common equity of 10%-11% and to build capital through earnings retention, particularly as they plan for more stringent capital regulation.

In the simplest sense of the phrase, "deposit market share" is defined as the amount on deposit at a particular bank divided by the total amount on deposit at all banks.

The United States-based JPMorgan Chase & Co is the world's leading bank by market cap.

JPMorgan Chase: an industry leader in U.S. banking

JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits.

There are no bank failures in 2024. See detailed descriptions below.

According to the Summary of Economic Projections, the Fed may implement at least three 25-basis point interest rate cuts in 2024—bringing the federal funds rate closer to 4.60%. Once this happens, it won't be surprising to see banks following suit and decreasing their savings account rates.

For Fintech, 2024 will be a year of both consolidation and innovation. AI-driven solutions will continue to propel the sector forward, making significant advancements in fraud reduction and automated accounting solutions, while cross-border and real-time payment systems will continue to evolve.

We expect additional credit deterioration in 2024, largely at the lower end of the ratings scale, where close to 40% of credits are at risk of downgrades.

Banking modernization is under way through the use of digital platforms and automated solutions. Banks play a part in addressing societal issues, such as social inequality through financial-inclusion programs or the climate crisis through sustainable financing.

How do you calculate bank deposit percentage? ›

The formula for Simple Interest (SI) is “principal x rate of interest x time period divided by 100” or (P x R x T/100). Example, Now, if you invest INR 10,000 at 8% p.a. for 5 years, you can calculate the interest like this. Step 1: 10,000 x 8 x 5 = INR 4,00,000.

As part of the 1994 Riegle-Neal Interstate Banking and Branching Efficiency Act, Congress established state-level deposit caps that prohibited banks from amassing, through mergers and acquisitions, more than 30 percent of the deposits in any state (a national deposit cap of 10 percent was also adopted).

The average rate of market penetration for consumer products can be anywhere between 2% and 6% of TAM. So if your market penetration is over 6%, you're already doing better than most. If you operate in the B2B space, however, market penetration rates can be anywhere between 10% and 40%.

Deposit Shares means the American Depositary Shares into which the Shares may be exchanged upon deposit thereof with the Depositary pursuant to the Deposit Agreement.

JPMorgan Chase held the largest share of domestic deposits of banks in the United States as of December 31, 2022. JPMorgan Chase's share of the total domestic deposits at that time was around 7.36 percent, closely followed by Bank of America with a market share of 6.85 percent.