Top 10 Banks In The World This 2020

The financial institutions are the bedrock of the world. They are the banks, insurance companies and firms, and stock brokeage companies. These companies provides products and services. This includes savings, deposts, wealth management, lending, currency exchange and so on. No matler the country you are or from, you never know what or how these banks will benefit you tomorrow.  I will list to you now the top 10 Banks in the world  this 2020. This list is based on their 12 months revenue and even their assets.

Top 10 Banks In The World 2020

Banks

 

1. Industrial And Commercial  Bank Of China LTD  -IDCBY

  • Revenue (TTM): $123.6B
  • Net Income (TTM): $45.3B
  • Market Cap: $231.8B
  • 1-Year Trailing Total Return: -6.9%
  • PE Ratio (TTM): 5.2

Industrial and commercial Bank of China is a commercial Bank and state owned. It is the largest bank in the world today in terms of assets. And it the industrial and commercial Bank of China.

It offer services like loan, financing, credit cards, money management for government and very high networth individuals.

Top 10 Banks in the world

Banks

2. JPMorgan Chase and Co. (JPM)

  • Revenue (TTM): $114.6B
  • Net Income (TTM): $36.4B
  • Market Cap: $280.1B
  • 1-Year Trailing Total Return: -5.8%
  • PE Ratio (TTM): 8.5

JPMorgan and Chase is a multinational bank and financial institution. They are into corporate lending, assest management. wealth management, investment, consumer banking and so on.

3.Japan Post Holding Company  Co. LTD.

  • Revenue (TTM): $112.3B
  • Net Income (TTM): $4.7B
  • Market Cap: $34.4B
  • 1-Year Trailing Total Return: -28.3%
  • PE Ratio (TTM): 7.4

Japan Post  holding company ltd are different in that it has services other than banking like  logistics, other business and life insurance.

This is the third on the  the list based on asset.

 

4.  China Construction Bank Corp.(CYCYH)

  • Revenue (TTM): $102.2B
  • Net Income (TTM): $38.7B
  • Market Cap: $196.6B
  • 1-Year Trailing Total Return: -3.7%
  • PE Ratio (TTM): 5.2

China Construction bank Corp provides seevices  like corporate  banking services such as e-banking, credit lines, commercial loan, personal loans, money management, credit cards, deposits and so on.

5. Bank Of America Corp (BAC)

  • Revenue (TTM): $91.2B
  • Net Income (TTM): $27.4B
  • Market Cap: $188.5B
  • 1-Year Trailing Total Return: -18.2%
  • PE Ratio (TTM): 7.9

 6.  Agricultural Bank Of China Ltd ( ACGBY)

  • Revenue (TTM): $89.7B
  • Net Income (TTM): $30.9B
  • Market Cap: $131.5B
  • 1-Year Trailing Total Return: -14.1%
  • PE Ratio (TTM): 4.4

 

7.  Credit Agricole SA (CRARY)

  • Revenue (TTM): $83.4B
  • Net Income (TTM): $5.4B
  • Market Cap: $22.3B
  • 1-Year Trailing Total Return: -32.4%
  • PE Ratio (TTM): 4.7

8.  Wells Fargo & Co. (WFC)

  • Revenue (TTM): $82.0B
  • Net Income (TTM): $19.6B
  • Market Cap: $123.8B
  • 1-Year Trailing Total Return: -35.4%
  • PE Ratio (TTM): 7.5

 

9. Bank Of China Ltd (BACHF)

  • Revenue (TTM): $79.4B
  • Net Income (TTM): $27.2B
  • Market Cap: $109.1B
  • 1-Year Trailing Total Return: -12.7%
  • PE Ratio (TTM): 4.2

10.  Citi Group Inc. (C)

  • Revenue (TTM): $74.3B
  • Net Income (TTM): $19.4B
  • Market Cap: $91.9B
  • 1-Year Trailing Total Return: -25.9%
  • PE Ratio (TTM): 5.4

And we would forget the last of the top 10 Banks in the world this 2020 as the Citi Group Inc.

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