What Are The Top Financial Services Companies

The fiscal sector is the pillar of the American economy and day-to-day business operations. Banks, insurance, and financial services companies ability key financial activities, payment and saving solutions, credit and majuscule availability, take a chance mitigation, and financial information accurateness.

The peak American financial companies are engaged in a wide array of operations all along with the flows of coin and majuscule in the economic cycle. Providing loftier value-added financial products and services that yield large returns on investments, it is no surprise that finance companies as well face up very potent contest from both American and foreign actors of the fiscal sector.

The fight for market share betwixt the diverse types of banks, insurance companies, fiscal services companies, and broader financial actors creates a dynamic environs where companies specialize, diversify and larn others in search of higher yields, reduced costs, improve risk hedging, and safer investments.

However, even though contest has traditionally come from companies within the different financial verticals, one of the near important threats that the sector now faces is the disruption of traditional businesses by upcoming FinTech startups and InsurTech companies.  And some of them, among the largest US startups, have already grown to become "unicorns" (startups with a valuation above 1 billion dollars), bringing serious menace to the traditional actors.

As for now, the most prominent financial companies are still pivotal in the US economic system, and, in spite of these new challenges, most of them will remain in this position for the foreseeable hereafter. Thanks to the sheer financial ability of the Us, American financial companies will continue to fight domestically, and leverage the advantage of the economies of scale coming from the size of their domestic market place to aggrandize their footprint in the residue of the earth.

For more information on the largest American companies, download our S&P 500 companies Excel file containing the consummate listing of the 500 largest publicly listed companies in the US, together with extensive business, market, financial, and digital information on each company. For even more data on the largest The states companies, download our Excel files on the Russell one thousand companies, Russell 2000 companies, or Russell 3000 companies.

Listing of the pinnacle 30 largest American financial companies by marketplace capitalization

To give you lot more perspective on what companies are in the finance field in the US, details about the thirty largest American finance companies, components of the S&P 500 index, have been listed hereafter. Each financial company is detailed with presentations of its manufacture, activities, market place capitalization, a direct link to its website, logo, and stock ticker.

The financial companies listed hereafter are ranked by market capitalization in United states Dollars, as of effective close on Friday, January 29, 2021. They are defined as belonging to specific sub-industries of banking, insurance, credit services, and financial conglomerates.

For more than information on other world-leading companies, check our series of posts on Top Companies, and for more data on the country, read our articles on Height Business Resources for the US.

Annotation that if you are searching for information on these companies to invest in their stocks, make certain you know what you are doing every bit your investment will be subject area to meaning risks with the evolution of stock prices. To acquire more than nearly investing in the stock market and managing your portfolio, check our post on the best online courses on stock investing and trading.

Shortcuts to each financial company

To facilitate your browsing in this long listing, here are quick links to go direct to the details of any of the top 30 American finance companies. Exist sure to also check the Peak x US financial companies' summary after the list!

30. 30. MSCI
    31. Travelers
    32. BNY Mellon
    33. T. Rowe Price
    34. Rocket Companies
    35. MetLife
    36. Blackstone
    37. Capital letter One
    38. Moody'due south
    39. Progressive
    40. Marsh & McLennan
    41. PNC Financial Services
    42. Intercontinental Exchange
    43. U.S. Bancorp
    44. Truist Financial

1. CME Grouping
2. S&P Global
3. Goldman Sachs
4. American Limited
5. Charles Schwab
6. BlackRock
7. Citigroup
8. Morgan Stanley
9. Wells Fargo
10. Depository financial institution of America
11. PayPal
12. Mastercard
13. JP Morgan Hunt
14. Visa
15. Berkshire Hathaway

30. MSCI

Industry: Financial Data & Stock Exchanges

MSCI Inc., which stands for the former company proper name, Morgan Stanley Uppercase International, is a global provider of analysis tools for equity, fixed income, hedge fund, stock market indexes, multi-nugget portfolio, and ESG products. MSCI besides publishes a number of stock market indices: the MSCI BRIC (Brazil, Russian federation, India, and China), MSCI World, and MSCI EAFE (Europe, Australasia, and the Far E) Indices.

Website: msci.com – Market Cap.: $32.8 Billion – Stock ticker: MSCI

29. Travelers

Industry: Property & Casualty Insurance

The Travelers Companies, Inc., improve known as Travelers, is an insurance visitor headquartered in New York Metropolis, particularly involved in commercial property-casualty insurance. I of the largest insurers in the United states of america, Travelers operates in personal insurance, business organisation insurance, and bonds. Information technology has expanded in the United Kingdom, Ireland, Singapore, Mainland china, Canada, and Brazil.

Website: travelers.com – Market Cap.: $34.4 Billion – Stock ticker: TRV

28. BNY Mellon

Manufacture: Asset Direction

Tracing its roots to 1784, the Banking concern of New York Mellon Corporation, operating as BNY Mellon, is a multinational banking and fiscal services belongings company headquartered in New York Metropolis. The earth'south largest custodian bank and asset servicing company, BNY Mellon is primarily involved in corporate and investment banking, global wealth direction, fiscal assay, and private disinterestedness.

Website: bnymellon.com – Market place Cap.: $35.3 Billion – Stock ticker: BK

27. T. Rowe Cost

Manufacture: Asset Direction

T. Rowe Toll Grouping, Inc. is a global asset management house. It provides a range of financial services to individuals, institutions, and financial intermediaries including funds, informational services, account management, and retirement plans and services. Founded in 1937 and headquartered in Baltimore, Maryland, T. Rowe Price operates in 16 countries with clients in more than 45 countries.

Website: troweprice.com – Market Cap.: $35.4 Billion – Stock ticker: TROW

26. Rocket Companies

Industry: Mortgage Finance

Rocket Companies, Inc. is a mortgage company that diversified in other financial, engineering, and business services. The original flagship mortgage company, Rocket Mortgage, expanded internally into other financial services with personal and car loans, a digital existent estate portal, and other associated technologies. It as well through acquisitions into insurance with Amrock, Fintech with Nexsys, and digital mortgage solutions with Lendesk and Edison Fiscal, among others.

Website: rocketcompanies.com – Market Cap.: $42.4 Billion – Stock ticker: RKT

25. MetLife

Industry: Life Insurance

MetLife, Inc. is amid the largest global providers of insurance, annuities, and employee benefit programs through its subsidiary Metropolitan Life Insurance Company. Founded in 1968, MetLife operates in home, auto, and life insurance, commercial mortgages and securities backed by commercial mortgages, and sovereign debt. It conducts business concern throughout the United States, Japan, Latin America, Asia Pacific region, Europe, and the Middle Due east.

Website: metlife.com – Market Cap.: $43.three Billion – Stock ticker: MET

24. Blackstone

Manufacture: Asset Direction

The Blackstone Grouping Inc. is a visitor dedicated to alternative investment management. Information technology operates in iv key businesses areas: private equity with minority investments in companies, corporate partnerships, and some startups; real manor, with investments in multiple real estate companies; hedge funds, through funds of hedge funds and other funds segments; and credit, through its acquisition of GSO Capital Partners, a credit-oriented alternative nugget director.

Website: blackstone.com – Market Cap.: $46.6 Billion – Stock ticker: BX

23. Capital letter One

Industry: Credit Services

Upper-case letter I Fiscal Corporation is a financial service and banking holding headquartered in McLean, Virginia. With more than than 700 branches and 2,000 ATMs, Capital One consumer and commercial depository financial institution is especially present in Northeastern and Southern Usa, and also operates in Canada and the United kingdom of great britain and northern ireland. Especially involved in the issuance of credit cards, Capital Ane is besides a primal provider of auto loans, and savings accounts.

Website: capitalone.com – Market Cap.: $47.nine Billion – Stock ticker: COF

22. Moody'south

Industry: Fiscal Information & Stock Exchanges

Moody's Corporation, often just called Moody's, is a business and fiscal services holding visitor. Founded in 1909, it has evolved to be split into t<o businesses: a leading credit rating agency, Moody'due south Investors Service, and a provider of financial analysis software and services, Moody'south Analytics. Moody's has also recently caused the California-based climate risk information firm Four Twenty Seven.

Website: moodys.com – Market Cap.: $50 Billion – Stock ticker: MCO

21. Progressive

Industry: Property & Casualty Insurance

The Progressive Corporation, more simply known equally Progressive, is an insurance company, especially involved in car insurance in America. Founded in 1937 and headquartered in Mayfield Village, Ohio, Progressive offers insurance for motorcycles, boats, RVs, and commercial vehicles, besides every bit abode insurance. It has expanded its offer of motorcar insurance in Commonwealth of australia.

Website: progressive.com – Market Cap.: $51 Billion – Stock ticker: PGR

20. Marsh & McLennan

Industry: Insurance Brokers

Marsh & McLennan Companies, Inc. is a global professional services company operating in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and direction consulting. Tracing its origins to 1905 and headquartered in New York City, Marsh & McLennan operates in insurance through its subsidiaries, Marsh, Guy Carpenter, and Jardine Lloyd Thompson, and in consulting with Mercer and Oliver Wyman Group.

Website: mmc.com – Market Cap.: $55.7 Billion – Stock ticker: MMC

19. PNC Financial Services

Industry: Regional Banks

PNC Financial Services Grouping, Inc., abbreviated every bit PNC, is a banking concern holding and financial services visitor based in Pittsburgh, Pennsylvania. Its regional bank subsidiary, PNC Bank, operates more two,400 branches and nine,000 ATMs beyond 19 states and the District of Columbia. PNC Financial Services too asset management, wealth management, estate planning, loan servicing, and information processing services.

Website: pnc.com – Market Cap.: $60.9 Billion – Stock ticker: PNC

eighteen. Intercontinental Commutation

Industry: Financial Data & Stock Exchanges

Intercontinental Substitution, often referred to as Ice, is a financial and commodity market operator. It owns financial and commodity markets exchanges and operates 12 regulated exchanges and marketplaces, including the New York Stock Exchange, futures exchanges in United States, Canada, and Europe, equity options exchanges and over-the-counter instruments markets. Water ice also owns and operates 6 central clearing houses in the The states, Europe, and Asia.

Website: intercontinentalexchange.com – Marketplace Cap.: $61.9 Billion – Stock ticker: ICE

17. U.S. Bancorp

Industry: Regional Banks

Tracing its origins to 1863, U.S. Bancorp is a banking company holding visitor headquartered in Minneapolis, Minnesota, and incorporated in Delaware, with more than than 72,000 employees. It is the parent company of U.S. Bank National Association, more just referred to as U.Southward. Bank, which provides banking, investment, mortgage, trust, and payment services through more than than 3,000 branches and 4,800 ATMs primarily located in the Midwestern United States. U.Southward. Bancorp as well owns Elavon, a processor of credit card transactions.

Website: usbank.com – Marketplace Cap.: $64.6 Billion – Stock ticker: USB

16. Truist Financial

Industry: Regional Banks

Truist Financial is the issue of the acquisition of SunTrust Banks, Inc, by BB&T Corporation. The two banks continue to operate as two brands, operating more than than two,000 branches in the The states. BB&T provides consumer and commercial cyberbanking, securities brokerage, asset direction, mortgage, and SunTrust Bank was originally more focused on deposits, lending, credit cards, and trust and investment services. Truist Financial is besides engaged in insurance corporate and investment banking, capital market services, mortgage banking, and wealth management through its subsidiaries.

Website: truist.com – Market Cap.: $64.7 Billion – Stock ticker: TFC

fifteen. CME Grouping

Industry: Financial Data & Stock Exchanges

CME Group Inc., continuing for the Chicago Mercantile Exchange and Chicago Board of Trade, is a global markets company operating derivatives, options, and futures exchanges in Chicago and New York City and providing settlement and clearing of commutation trades through CME Clearing. CME Grouping provides a broad range of financial products to manage risk and capture opportunities across all major asset classes through involvement rates, equity indexes, strange exchange, energy, agricultural products, and metals.

Website: cmegroup.com – Market Cap.: $65.2 Billion – Stock ticker: CME

fourteen. S&P Global

Industry: Financial Data & Stock Exchanges

S&P Global Inc. (S&P significant "Standard and Poor's") is a financial information and analytics visitor. Through its subsidiaries, it is involved in investment research and rating, with S&P Global Ratings, multi-asset class, and existent-time data, research, news and analytics through S&P Global Market Intelligence. It operates global resources for index-based concepts, data, and inquiry with its majority ownership of S&P Dow Jones Indices, which produces the Southward&P 500 and Dow Jones indices. And it also provides data and price assessments for a wide range of commodities through S&P Global Platts.

Website: spglobal.com – Marketplace Cap.: $76.iii Billion – Stock ticker: SPGI

xiii. Goldman Sachs

Industry: Capital Markets

Founded in 1869, the Goldman Sachs Group, Inc., is one of the world's largest multinational investment banks headquartered in New York City. It is also engaged in financial services including investment management, securities, asset management, prime brokerage, and securities underwriting. Goldman Sachs is a primary dealer in the United States Treasury security market and more mostly, a prominent marketplace maker.

Website: goldmansachs.com – Market Cap.: $93.three Billion – Stock ticker: GS

12. American Express

Industry: Credit Services

The American Express Company, also known as Amex, was founded in 1850. Originally involved in freight forwarding, American Limited has later engaged in travel services and become a leader in cards and payments engineering before expanding farther to innovative digital products and services.

Website: americanexpress.com – Market Cap.: $93.6 Billion – Stock ticker: AXP

11. Charles Schwab

Manufacture: Capital Markets

The Charles Schwab Corporation is a bank and stock brokerage visitor headquartered in San Francisco, California. Focused on investing, wealth management, cyberbanking, and trading, Charles Schwab provides an electronic trading platform for stocks and other fiscal avails, margin lending, cash direction services, and registered investment advisers services. It operates more than than 300 branches in 46 states, Puerto Rico and London.

Website: schwab.com – Market Cap.: $96.8 Billion – Stock ticker: SCHW

10. BlackRock

Manufacture: Asset Management

BlackRock, Inc. is a global investment direction visitor. Originally involved in hazard direction and stock-still income asset management, BlackRock has become one of the world'due south largest asset managers, operating in 30 countries. It manages more than 800 exchange-traded funds through its iShares division, an analytics and risk direction sectionalisation with BlackRock Solutions, and sustainable investing and environmental, social, and corporate governance through its ESG investing division.

Website: blackrock.com – Market place Cap.: $107 Billion – Stock ticker: BLK

9. Citigroup

Industry: Diversified Banks

Citigroup Inc., also known every bit Citi, is a multinational investment depository financial institution and financial services company headquartered in New York Urban center. Tracing its origins to 1812, Citigroup operates through multiple subsidiaries in more 160 countries with more than than 210,000 employees. Information technology operates in global markets with capital origination, corporate and investment banking, markets and securities services, private banking concern, and treasury and trade solutions, likewise equally in retail banking through Citibank, branded cards, retail services, commercial banking, and mortgages.

Website: citigroup.com – Market Cap.: $120.7 Billion – Stock ticker: C

8. Morgan Stanley

Industry: Capital Markets

Morgan Stanley is an investment bank and fiscal services company headquartered in New York City. Founded in 1935, Morgan Stanley has grown to become a multinational visitor with offices in more than than 42 countries and more than lx,000 employees. With customers including corporations, governments, institutions, and individuals, Morgan Stanley operates in 3 main business organisation lines: institutional securities, wealth management, and investment management.

Website: morganstanley.com – Market place Cap.: $121.3 Billion – Stock ticker: MS

7. Wells Fargo

Industry: Diversified Banks

Tracing its origins to 1852, Wells Fargo & Company is a multinational fiscal services company headquartered in San Francisco, California and incorporated in Delaware, and present in more than 35 countries. The company is engaged in three main lines of business: customs banking, wholesale cyberbanking, and wealth, brokerage and retirement. Wells Fargo'south main subsidiary, Wells Fargo Bank operates more than 8,000 branches and 13,000 ATMs.

Website: wellsfargo.com – Marketplace Cap.: $123.viii Billion – Stock ticker: WFC

half dozen. Depository financial institution of America

Manufacture: Diversified Banks

The Banking company of America Corporation, abbreviated as BofA, is a multinational investment depository financial institution and financial services company headquartered in Charlotte, North Carolina, with more than 200,000 employees. Tracing its origins to 1784, Bank of America has become an American leader in consumer banking with more than than 4,600 branches and 15,900 ATMs. Bank of America also operates in corporate and investment cyberbanking, wealth management and investment management.

Website: bankofamerica.com – Market Cap.: $256.5 Billion – Stock ticker: BAC

five. PayPal

Manufacture: Credit Services

PayPal Holdings, Inc. is a company operating a worldwide online payment system. Providing an electronic alternative to traditional checks and money orders, Paypal helps online vendors and commercial users by supporting online money transfers in exchange for a fee. PayPal had its Initial Public Offering in 2002 before beingness acquired by eBay, which after separated from it in 2015.

Website: paypal.com – Market Cap.: $274.v Billion – Stock ticker: PYPL

4. Mastercard

Industry: Credit Services

Mastercard Incorporated is a multinational financial services corporation. Information technology is primarily involved in the processing of payments between the merchants' banks and the card-issuer of customers using a Mastercard brand debit, credit, or prepaid card to make purchases.

Website: mastercard.com – Market place Cap.: $315.three Billion – Stock ticker: MA

3. JP Morgan Chase

Manufacture: Diversified Banks

JPMorgan Chase & Co. is a multinational investment bank and financial services company headquartered in New York Urban center. With origins dating dorsum to 1799, JPMorgan Chase has become ane of the world'south largest universal bank operating worldwide. Information technology is involved in retail and commercial as well equally in investment cyberbanking, nugget direction, private banking, private wealth management, and treasury services.

Website: jpmorganchase.com – Market Cap.: $392.iv Billion – Stock ticker: JPM

2. Visa

Industry: Credit Services

Visa Inc., is a multinational financial services corporation facilitating electronic funds transfers throughout the earth. It operates payment products that financial institutions employ to offer credit, debit, prepaid, and cash access programs to their customers via Visa-branded credit cards, souvenir cards, and debit cards.

Website: us.visa.com – Marketplace Cap.: $426 Billion – Stock ticker: V

1. Berkshire Hathaway

Manufacture: Financial Conglomerates

Berkshire Hathaway Inc. is a multinational conglomerate holding visitor. It wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets, and also has significant shares of Pilot Flight J, Kraft Heinz Company, American Express, Wells Fargo, The Coca-Cola Visitor, Bank of America, Apple, United Airlines, Delta Air Lines, Southwest Airlines and American Airlines. Berkshire Hathaway likewise acquired a number of smaller companies in a wide variety of industries, including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.

Website: berkshirehathaway.com – Market Cap.: $535.8 Billion – Stock ticker: BRK-A / BRK-B

Summary: Pinnacle 10 US Fiscal Companies 2021

To give yous a quick overview of the largest American fiscal companies in 2021, here is a synthesizing paradigm regrouping the information of the top 10. Annotation that y'all can apply this epitome to embed it on your website and other digital properties using the embed code below.

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Hither are the 30 largest American finance companies. Do you recall they are worth their market place capitalization? Do they provide a valuable and convenient service? Do they have too much economical power… and perhaps political power besides?

Exit your comments beneath!

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