GITNUXREPORT 2026

Commercial Banking Services Industry Statistics

The commercial banking industry showed robust growth and strong profitability globally last year.

Alexander Schmidt

Research Analyst specializing in technology and digital transformation trends.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

Total U.S. commercial bank deposits reached $17.8 trillion in Q4 2023.

Statistic 2

Number of U.S. commercial bank branches declined to 69,000 in 2023 from 70,500 in 2022.

Statistic 3

Average deposit balance per U.S. commercial bank customer was $45,200 in 2023.

Statistic 4

Household deposits in Eurozone commercial banks grew 1.2% to €11.5 trillion in 2023.

Statistic 5

65% of U.S. commercial bank deposits were in checking accounts in 2023.

Statistic 6

Digital banking users among commercial bank customers reached 78% in U.S. 2023.

Statistic 7

Total savings deposits in U.S. commercial banks: $11.2 trillion in Q3 2023.

Statistic 8

Number of commercial bank accounts per capita in U.S.: 4.2 in 2023.

Statistic 9

Time deposits growth in U.S. banks: 4.5% YoY in 2023.

Statistic 10

Corporate deposits in U.S. banks: $6.8 trillion in 2023.

Statistic 11

Mobile banking app downloads for major U.S. banks: 150 million in 2023.

Statistic 12

Money market deposit accounts growth: 3.1% in U.S. 2023.

Statistic 13

Retail deposits as % of total funding: 72% in U.S. banks 2023.

Statistic 14

Average daily deposit transactions: 1.2 billion in U.S. 2023.

Statistic 15

CD rates averaged 4.8% APY for U.S. commercial banks Q4 2023.

Statistic 16

Wholesale funding reliance: 28% of liabilities in U.S. banks 2023.

Statistic 17

Customer acquisition cost: $350 per new account in U.S. banks 2023.

Statistic 18

Jumbo CD issuance: $900 billion in U.S. 2023.

Statistic 19

Demand deposit accounts: 250 million in U.S. banks 2023.

Statistic 20

Deposit insurance coverage claims: $20 billion processed 2023.

Statistic 21

Brokered deposits ratio: 8% of total deposits U.S. 2023.

Statistic 22

U.S. commercial banks issued $1.2 trillion in commercial and industrial loans in 2023.

Statistic 23

Delinquency rate on commercial real estate loans at U.S. banks was 0.9% in Q4 2023.

Statistic 24

Total outstanding credit card loans by U.S. commercial banks hit $1.1 trillion in 2023.

Statistic 25

U.S. commercial banks' residential mortgage loans outstanding were $3.4 trillion in 2023.

Statistic 26

Non-performing loan ratio for global commercial banks was 2.1% in 2023.

Statistic 27

Small business loan approvals by U.S. commercial banks: 52% in 2023.

Statistic 28

Commercial & industrial loans growth: 5.8% in U.S. banks 2023.

Statistic 29

Consumer loan delinquency rate: 2.4% for U.S. commercial banks 2023.

Statistic 30

Total syndicated loans by global commercial banks: $5.1 trillion in 2023.

Statistic 31

Real estate loan portfolio share: 42% of total loans in U.S. banks 2023.

Statistic 32

Charge-off rate on credit cards: 3.9% for U.S. commercial banks 2023.

Statistic 33

Green loans issued by global commercial banks: $500 billion in 2023.

Statistic 34

Auto loan originations by banks: $550 billion in U.S. 2023.

Statistic 35

Leverage ratio for G-SIBs: 5.2% average in 2023.

Statistic 36

Student loan portfolio: $1.6 trillion managed by U.S. banks 2023.

Statistic 37

HELOC outstanding balances: $320 billion U.S. banks 2023.

Statistic 38

Provision for credit losses: $120 billion charged by U.S. banks 2023.

Statistic 39

ESG-linked loans: $300 billion originated by banks 2023.

Statistic 40

Construction loan growth: 12% YoY U.S. banks 2023.

Statistic 41

Net charge-offs total: $85 billion U.S. commercial banks 2023.

Statistic 42

Trade finance volume: $8.9 trillion facilitated by banks 2023.

Statistic 43

In 2023, the U.S. commercial banking industry held total assets of $23.7 trillion, marking a 2.8% increase from 2022.

Statistic 44

Global commercial banking revenue grew by 5.1% year-over-year to $1.56 trillion in 2023.

Statistic 45

The European commercial banking sector's market size was valued at €8.9 trillion in assets as of end-2023.

Statistic 46

Asia-Pacific commercial banking market grew at 6.2% CAGR from 2019-2023.

Statistic 47

Latin American commercial banks' assets totaled $4.1 trillion in 2023.

Statistic 48

Canadian commercial banking assets reached CAD 6.8 trillion in 2023.

Statistic 49

U.S. commercial banking market projected to grow at 3.4% CAGR to 2028.

Statistic 50

UK commercial banks' total assets: £9.2 trillion in 2023.

Statistic 51

Indian commercial banking sector assets: INR 200 trillion in 2023.

Statistic 52

Australian commercial banking assets: AUD 5.5 trillion in 2023.

Statistic 53

Chinese commercial banks' assets: RMB 300 trillion in 2023.

Statistic 54

Middle East commercial banking market size: $3.2 trillion in 2023.

Statistic 55

Brazil commercial banking assets: BRL 7.5 trillion in 2023.

Statistic 56

South African banks' total assets: ZAR 3.2 trillion 2023.

Statistic 57

Southeast Asia banking market growth: 7.1% in 2023.

Statistic 58

Japan commercial banks assets: JPY 1,000 trillion in 2023.

Statistic 59

Turkey banking sector assets: TRY 15 trillion 2023.

Statistic 60

Nordic countries banking assets: €2.1 trillion combined 2023.

Statistic 61

Mexico commercial banking assets: MXN 20 trillion 2023.

Statistic 62

Nigeria banks total assets: NGN 100 trillion 2023.

Statistic 63

Singapore banking hub assets: SGD 4.2 trillion 2023.

Statistic 64

U.S. commercial banks employed 2.1 million people as of 2023.

Statistic 65

Tier 1 capital ratio for U.S. commercial banks averaged 13.2% in 2023.

Statistic 66

Number of U.S. commercial bank failures was zero in 2023.

Statistic 67

U.S. commercial banks' IT spending totaled $120 billion in 2023.

Statistic 68

Liquidity coverage ratio (LCR) for major U.S. banks averaged 140% in 2023.

Statistic 69

Cybersecurity incidents reported by U.S. commercial banks: 1,200 in 2023.

Statistic 70

Average branch staffing in U.S. commercial banks: 12 employees per branch 2023.

Statistic 71

Basel III compliance rate among U.S. banks: 98% in 2023.

Statistic 72

ATM network size for U.S. commercial banks: 200,000 units in 2023.

Statistic 73

Total compliance spending by U.S. banks: $35 billion in 2023.

Statistic 74

Number of fintech partnerships by commercial banks: 2,500 globally 2023.

Statistic 75

Net stable funding ratio (NSFR) average: 115% for EU banks 2023.

Statistic 76

AI adoption in operations: 45% of U.S. banks in 2023.

Statistic 77

AML fine total for global banks: $4.5 billion in 2023.

Statistic 78

Cloud migration spend: $25 billion by commercial banks 2023.

Statistic 79

Branch closure rate: 1,200 branches closed by U.S. banks 2023.

Statistic 80

Dodd-Frank stress test pass rate: 100% for large banks 2023.

Statistic 81

Open banking API integrations: 15,000 for EU banks 2023.

Statistic 82

Workforce diversity: 45% women in U.S. bank management 2023.

Statistic 83

CECL adoption impact: $25 billion reserve increase 2023.

Statistic 84

RegTech investment: $12 billion by global banks 2023.

Statistic 85

U.S. commercial banks' net interest income rose to $677 billion in 2023, up 14% from prior year.

Statistic 86

Average return on equity (ROE) for top 100 global commercial banks was 10.2% in 2023.

Statistic 87

U.S. commercial banks reported net income of $263 billion in 2023, a 32% increase YoY.

Statistic 88

Global commercial banks' non-interest income was $450 billion in 2023.

Statistic 89

U.S. regional banks' profit margins averaged 2.8% in 2023.

Statistic 90

Top 5 U.S. commercial banks generated 45% of industry net income in 2023.

Statistic 91

Net interest margin (NIM) for U.S. commercial banks averaged 3.25% in 2023.

Statistic 92

Fee income from wealth management at global banks: $280 billion in 2023.

Statistic 93

Cost-to-income ratio for European commercial banks: 62% in 2023.

Statistic 94

Trading revenue for investment arms of commercial banks: $190 billion globally 2023.

Statistic 95

Efficiency ratio for top U.S. banks: 55% in 2023.

Statistic 96

Insurance premium income via bancassurance: $150 billion for global banks 2023.

Statistic 97

Payment processing fees for U.S. banks: $48 billion in 2023.

Statistic 98

ROA for small U.S. community banks: 1.05% in 2023.

Statistic 99

Asset management fees: $220 billion for commercial bank subsidiaries 2023.

Statistic 100

Mortgage servicing rights value: $80 billion for U.S. banks 2023.

Statistic 101

Pre-provision net revenue growth: 8% for U.S. banks 2023.

Statistic 102

Syndicate underwriting fees: $60 billion globally 2023.

Statistic 103

Securities gains/losses net: -$15 billion for U.S. banks 2023.

Statistic 104

Core deposit intangible amortization: $5 billion expense 2023.

Statistic 105

Foreign exchange trading revenue: $110 billion global banks 2023.

1/105

Sources

Trusted by 500+ publications

+497

While the financial world faced economic headwinds in 2023, the commercial banking industry not only weathered the storm but emerged stronger, with global revenue surging to $1.56 trillion, U.S. net income jumping 32% to $263 billion, and a remarkable zero bank failures in the United States.

Key Takeaways

In 2023, the U.S. commercial banking industry held total assets of $23.7 trillion, marking a 2.8% increase from 2022.
Global commercial banking revenue grew by 5.1% year-over-year to $1.56 trillion in 2023.
The European commercial banking sector's market size was valued at €8.9 trillion in assets as of end-2023.
U.S. commercial banks' net interest income rose to $677 billion in 2023, up 14% from prior year.
Average return on equity (ROE) for top 100 global commercial banks was 10.2% in 2023.
U.S. commercial banks reported net income of $263 billion in 2023, a 32% increase YoY.
Total U.S. commercial bank deposits reached $17.8 trillion in Q4 2023.
Number of U.S. commercial bank branches declined to 69,000 in 2023 from 70,500 in 2022.
Average deposit balance per U.S. commercial bank customer was $45,200 in 2023.
U.S. commercial banks issued $1.2 trillion in commercial and industrial loans in 2023.
Delinquency rate on commercial real estate loans at U.S. banks was 0.9% in Q4 2023.
Total outstanding credit card loans by U.S. commercial banks hit $1.1 trillion in 2023.
U.S. commercial banks employed 2.1 million people as of 2023.
Tier 1 capital ratio for U.S. commercial banks averaged 13.2% in 2023.
Number of U.S. commercial bank failures was zero in 2023.

The commercial banking industry showed robust growth and strong profitability globally last year.

Deposits & Customer Metrics

Total U.S. commercial bank deposits reached $17.8 trillion in Q4 2023.
Number of U.S. commercial bank branches declined to 69,000 in 2023 from 70,500 in 2022.
Average deposit balance per U.S. commercial bank customer was $45,200 in 2023.
Household deposits in Eurozone commercial banks grew 1.2% to €11.5 trillion in 2023.
65% of U.S. commercial bank deposits were in checking accounts in 2023.
Digital banking users among commercial bank customers reached 78% in U.S. 2023.
Total savings deposits in U.S. commercial banks: $11.2 trillion in Q3 2023.
Number of commercial bank accounts per capita in U.S.: 4.2 in 2023.
Time deposits growth in U.S. banks: 4.5% YoY in 2023.
Corporate deposits in U.S. banks: $6.8 trillion in 2023.
Mobile banking app downloads for major U.S. banks: 150 million in 2023.
Money market deposit accounts growth: 3.1% in U.S. 2023.
Retail deposits as % of total funding: 72% in U.S. banks 2023.
Average daily deposit transactions: 1.2 billion in U.S. 2023.
CD rates averaged 4.8% APY for U.S. commercial banks Q4 2023.
Wholesale funding reliance: 28% of liabilities in U.S. banks 2023.
Customer acquisition cost: $350 per new account in U.S. banks 2023.
Jumbo CD issuance: $900 billion in U.S. 2023.
Demand deposit accounts: 250 million in U.S. banks 2023.
Deposit insurance coverage claims: $20 billion processed 2023.
Brokered deposits ratio: 8% of total deposits U.S. 2023.

Deposits & Customer Metrics Interpretation

While U.S. banks are consolidating their physical footprint into fewer than 69,000 branches, they are simultaneously amassing a digital fortress holding $17.8 trillion in deposits, proving that money is becoming increasingly virtual even as it remains stubbornly attached to the humble checking account.

Lending & Credit Portfolio

U.S. commercial banks issued $1.2 trillion in commercial and industrial loans in 2023.
Delinquency rate on commercial real estate loans at U.S. banks was 0.9% in Q4 2023.
Total outstanding credit card loans by U.S. commercial banks hit $1.1 trillion in 2023.
U.S. commercial banks' residential mortgage loans outstanding were $3.4 trillion in 2023.
Non-performing loan ratio for global commercial banks was 2.1% in 2023.
Small business loan approvals by U.S. commercial banks: 52% in 2023.
Commercial & industrial loans growth: 5.8% in U.S. banks 2023.
Consumer loan delinquency rate: 2.4% for U.S. commercial banks 2023.
Total syndicated loans by global commercial banks: $5.1 trillion in 2023.
Real estate loan portfolio share: 42% of total loans in U.S. banks 2023.
Charge-off rate on credit cards: 3.9% for U.S. commercial banks 2023.
Green loans issued by global commercial banks: $500 billion in 2023.
Auto loan originations by banks: $550 billion in U.S. 2023.
Leverage ratio for G-SIBs: 5.2% average in 2023.
Student loan portfolio: $1.6 trillion managed by U.S. banks 2023.
HELOC outstanding balances: $320 billion U.S. banks 2023.
Provision for credit losses: $120 billion charged by U.S. banks 2023.
ESG-linked loans: $300 billion originated by banks 2023.
Construction loan growth: 12% YoY U.S. banks 2023.
Net charge-offs total: $85 billion U.S. commercial banks 2023.
Trade finance volume: $8.9 trillion facilitated by banks 2023.

Lending & Credit Portfolio Interpretation

Despite banks approving only slightly more than half of small business loan requests, they somehow managed to deploy staggering trillions into everything from corporate syndications to eco-friendly projects, all while cautiously eyeing a relatively modest but costly pile of delinquent credit cards and bad debt.

Market Size & Growth

In 2023, the U.S. commercial banking industry held total assets of $23.7 trillion, marking a 2.8% increase from 2022.
Global commercial banking revenue grew by 5.1% year-over-year to $1.56 trillion in 2023.
The European commercial banking sector's market size was valued at €8.9 trillion in assets as of end-2023.
Asia-Pacific commercial banking market grew at 6.2% CAGR from 2019-2023.
Latin American commercial banks' assets totaled $4.1 trillion in 2023.
Canadian commercial banking assets reached CAD 6.8 trillion in 2023.
U.S. commercial banking market projected to grow at 3.4% CAGR to 2028.
UK commercial banks' total assets: £9.2 trillion in 2023.
Indian commercial banking sector assets: INR 200 trillion in 2023.
Australian commercial banking assets: AUD 5.5 trillion in 2023.
Chinese commercial banks' assets: RMB 300 trillion in 2023.
Middle East commercial banking market size: $3.2 trillion in 2023.
Brazil commercial banking assets: BRL 7.5 trillion in 2023.
South African banks' total assets: ZAR 3.2 trillion 2023.
Southeast Asia banking market growth: 7.1% in 2023.
Japan commercial banks assets: JPY 1,000 trillion in 2023.
Turkey banking sector assets: TRY 15 trillion 2023.
Nordic countries banking assets: €2.1 trillion combined 2023.
Mexico commercial banking assets: MXN 20 trillion 2023.
Nigeria banks total assets: NGN 100 trillion 2023.
Singapore banking hub assets: SGD 4.2 trillion 2023.

Market Size & Growth Interpretation

The global commercial banking system is a hydra of financial activity, constantly growing new asset-rich heads from the U.S. to Asia-Pacific, making it a colossus that is both staggeringly immense and, given its steady growth, stubbornly alive and well.

Operational & Regulatory Metrics

U.S. commercial banks employed 2.1 million people as of 2023.
Tier 1 capital ratio for U.S. commercial banks averaged 13.2% in 2023.
Number of U.S. commercial bank failures was zero in 2023.
U.S. commercial banks' IT spending totaled $120 billion in 2023.
Liquidity coverage ratio (LCR) for major U.S. banks averaged 140% in 2023.
Cybersecurity incidents reported by U.S. commercial banks: 1,200 in 2023.
Average branch staffing in U.S. commercial banks: 12 employees per branch 2023.
Basel III compliance rate among U.S. banks: 98% in 2023.
ATM network size for U.S. commercial banks: 200,000 units in 2023.
Total compliance spending by U.S. banks: $35 billion in 2023.
Number of fintech partnerships by commercial banks: 2,500 globally 2023.
Net stable funding ratio (NSFR) average: 115% for EU banks 2023.
AI adoption in operations: 45% of U.S. banks in 2023.
AML fine total for global banks: $4.5 billion in 2023.
Cloud migration spend: $25 billion by commercial banks 2023.
Branch closure rate: 1,200 branches closed by U.S. banks 2023.
Dodd-Frank stress test pass rate: 100% for large banks 2023.
Open banking API integrations: 15,000 for EU banks 2023.
Workforce diversity: 45% women in U.S. bank management 2023.
CECL adoption impact: $25 billion reserve increase 2023.
RegTech investment: $12 billion by global banks 2023.

Operational & Regulatory Metrics Interpretation

The U.S. banking industry appears to be an expensive, tech-savvy fortress of stability, employing over two million people to both serve customers and defend its bulging coffers from a relentless barrage of cyberattacks and regulators.

Revenue & Profitability

U.S. commercial banks' net interest income rose to $677 billion in 2023, up 14% from prior year.
Average return on equity (ROE) for top 100 global commercial banks was 10.2% in 2023.
U.S. commercial banks reported net income of $263 billion in 2023, a 32% increase YoY.
Global commercial banks' non-interest income was $450 billion in 2023.
U.S. regional banks' profit margins averaged 2.8% in 2023.
Top 5 U.S. commercial banks generated 45% of industry net income in 2023.
Net interest margin (NIM) for U.S. commercial banks averaged 3.25% in 2023.
Fee income from wealth management at global banks: $280 billion in 2023.
Cost-to-income ratio for European commercial banks: 62% in 2023.
Trading revenue for investment arms of commercial banks: $190 billion globally 2023.
Efficiency ratio for top U.S. banks: 55% in 2023.
Insurance premium income via bancassurance: $150 billion for global banks 2023.
Payment processing fees for U.S. banks: $48 billion in 2023.
ROA for small U.S. community banks: 1.05% in 2023.
Asset management fees: $220 billion for commercial bank subsidiaries 2023.
Mortgage servicing rights value: $80 billion for U.S. banks 2023.
Pre-provision net revenue growth: 8% for U.S. banks 2023.
Syndicate underwriting fees: $60 billion globally 2023.
Securities gains/losses net: -$15 billion for U.S. banks 2023.
Core deposit intangible amortization: $5 billion expense 2023.
Foreign exchange trading revenue: $110 billion global banks 2023.

Revenue & Profitability Interpretation

While the industry's massive profits and soaring net interest income paint a picture of rude financial health, the startling concentration among the top five banks and the anemic margins of regional players reveal an ecosystem where the big are feasting, the small are scraping by, and everyone else is paying the bill in fees.

Sources & References

Logos provided by Logo.dev