Current Table

TOP 10 BANK HOLDING COMPANIES BY INSURANCE BROKERAGE FEE INCOME, 2013-2014 (1)

($000)

      Insurance brokerage fee income  
Rank Bank holding company State 2013 2014 Percent
change,
2013-2014
Percent of
noninterest
income,
2014
2014 Assets
1 BB&T Corporation North Carolina $1,377,772 $1,504,913 9.23% 39.84% $186,810,156
2 Wells Fargo & Company California 1,463,000 1,317,000 -9.98 3.30 1,687,154,000
3 Citigroup Inc. New York 733,000 721,000 -1.64 2.47 1,842,415,000
4 American Express Company New York 184,000 184,000 (2) 0.64 158,588,000
5 Regions Financial Corporation Alabama 114,412 124,036 8.41 6.44 119,888,669
6 Bancorpsouth, Inc. Mississippi 98,141 115,237 17.42 45.58 13,326,530
7 Morgan Stanley New York 99,000 76,000 -23.23 0.25 798,815,000
8 First Command Financial Services Texas 76,736 75,599 -1.48 31.79 929,910
9 Discover Financial Services Illinois 78,906 72,527 -8.08 4.23 82,801,232
10 First Niagara Financial Group, Inc. New York 72,558 71,125 -1.97 24.30 38,492,000

(1) Bank holding companies own one or more banks. Includes income from nonunderwriting activities, mostly insurance product sales and
referrals, service charges and commissions, and fees earned from insurance and annuity sales.
(2) Less than 0.01 percent.

Source: Michael White's Bank Insurance Fee Income Report - 2015.

 
TOP TEN BANK HOLDING COMPANIES IN INSURANCE BROKERAGE FEE INCOME, 2012-2013 (1)

($000)

      Insurance brokerage fee income  
Rank Bank holding company State 2012 2013 Percent
change,
2012-2013
Percent of
noninterest
income, 2013
2013 Assets
1 Wells Fargo & Company California $1,556,000 $1,463,000 -5.98% 3.60% $1,527,008,000
2 BB&T Corporation North Carolina 1,246,403 1,377,772 10.54 35.69 183,005,909
3 Citigroup Inc. New York 1,171,000 733,000 -37.40 2.46 1,880,081,000
4 Bank of America Corporation North Carolina -195,764 289,000 NA 0.65 2,098,613,000
5 American Express Company New York 179,000 184,000 2.79 0.66 152,988,000
6 Regions Financial Corporation Alabama 108,563 114,412 5.39 5.60 117,661,732
7 Morgan Stanley New York 99,000 99,000 (2) 0.32 832,702,000
8 Bancorpsouth, Inc. Mississippi 90,592 98,141 8.33 37.05 13,045,442
9 Discover Financial Services Illinois 90,047 78,906 -12.37 3.90 79,031,613
10 First Command Financial Services, Inc. Texas 77,409 76,736 -0.87 35.46 891,759

(1) Bank holding companies  own one or more banks. Includes income from nonunderwriting activities, mostly insurance product sales and referrals, service charges and commissions, and fees earned from insurance and annuity sales.
(2) Less than 0.01 percent.

NA=Not applicable.

Source: Michael White Bank Insurance Fee Income Report - 2014.