Maryland’s banking system is one of the best banking systems in the USA. There are many largest banks in Maryland that are popular among customers and investors.
By the number of physical offices, M&T Bank and Truist Bank are the most popular banks in Maryland while in terms of assets, Bank of America and TD Bank are the biggest banks in Maryland with $3.169 and $1.92 trillion USD.
Top 10 Largest Banks In Maryland
Here is the list of the major banks in Maryland which play a crucial role in the development of the state and country.
M&T Bank is an American multinational company which is located in Buffalo, New York state. The company was founded in 1856 currently it is one of the largest banks in Maryland. The company has a big presence in the Maryland state. As per the most recent record of 2021, the company makes a revenue of $6.12 USD Billion.
Total Branches in Maryland: 158
Total assets: $155.1 Billion USD
Another leading company in Maryland has a big presence in Maryland state. The headquarter of the bank is in Charlotte, USA. The bank is merged with BB&T and SunTrust Bank in 2019 and named Truist Bank. According to the recent report of 2021, the bank made a revenue of $20.37 billion USD.
Total Branches in Maryland: 156
Total assets: $509.2 Billion USD
The headquarter of the bank is in Pennsylvania but has a large presence in Maryland state. The company operates crossway the United States with thousands of branches. According to the recent record, the bank has made a revenue of $21.1 USD billion.
Total Branches in Maryland: 143
Total assets: $557 Billion USD
Bank of America
A major bank in Maryland and across the USA and the globe. The company operates with thousands of branches and billions of assets. The company made a revenue of $94.95 Billion USD according to the record of 2022.
Total Branches in Maryland: 131
Total assets: $3.169 Tillion USD
One of the best banks in Maryland that operates crossway the state with billions of assets. The company plays an essential role in the development of the state and country. The company made a net income of $13.2 billion in 2022.
Total Branches in Maryland: 73
Total assets: Nearly $1.9 Trillion USD
The company is working across Maryland and the globe. The company is also listed as one of the huge banks by employees which gives the employment of 26,000 plus people. The company made a revenue of $37.81 billion USD in 2022.
Total Branches in Maryland: 55
Total assets: $1.92 Trillion USD
One of the best financial institutions in Maryland that provides financial services to consumers and businesses as well. The company was founded in 1882. The company made a revenue of $793.3 Million USD in 2022.
Total Branches in Maryland: 54
Total assets: $26 Billion USD
A most popular bank in Maryland that made revenue of $30.4 billion USD in 2021. The bank is famous for its credit cards, auto loans, and other banking products. The company was founded in 1994.
Total Branches in Maryland: 44
Total assets: $442.2 Billion USD
Sandy Spring Bank
Another biggest bank in Maryland was founded in 1868 in the state of Maryland, USA. The company made a revenue of $583 million USD in 2022.
Total Branches in Maryland: 41
Total assets: $8.243 Billion USD
One of the best-rated banks in Maryland was founded in 2004. According to the most recent record, the bank is made a revenue of $84 million USD.
Total Branches in Maryland: 27
Total assets: $2.6 Billion USD
Largest Banks By Region