Current Table

TOP TEN U.S. FINANCIAL SERVICES FIRMS BY REVENUES, 2011 (1)

($ millions)

Rank Company Revenues Industry
1 General Electric $147,616 Diversified financial
2 Berkshire Hathaway 143,688 Insurance
3 Fannie Mae 137,451 Diversified financial
4 Bank of America Corp. 115,074 Bank
5 J.P. Morgan Chase & Co. 110,838 Bank
6 Citigroup 102,939 Bank
7 Freddie Mac 88,262 Diversified financial
8 Wells Fargo 87,597 Bank
9 INTL FCStone 75,498 Diversified financial
10 American International Group 71,730 Insurance

(1) Based on an analysis of companies in the Fortune 500.

Source: Fortune.

 
LARGEST U.S. FINANCIAL SERVICES FIRMS BY REVENUES, 2008 (1)

($ millions)

               Profits as a
percent of    
       
Rank Company Revenues Profits Revenues Assets Industry Employees
1 General Electric $183,207 $17,410 10% 2% Diversified
financial
323,000
2 Bank of America Corp. 113,106 4,008 4 0 Banking 243,075
3 Citigroup 112,372 -27,684 -25 -1 Banking 324,850
4 Berkshire Hathaway 107,786 4,994 5 2 Insurance 246,083
5 J.P. Morgan Chase & Co. 101,491 5,605 6 0 Banking 224,961
6 Morgan Stanley 62,262 1,707 3 0 Banking 46,964
7 State Farm Insurance Cos. 61,343 -542 -1 0 Insurance 68,517
8 MetLife 55,085 3,209 6 1 Insurance 57,000
9 Goldman Sachs Group 53,579 2,322 4 0 Banking 30,067
10 Wells Fargo 51,652 2,655 5 0 Banking 281,000
11 GMAC 35,445 1,868 5 1 Banking 22,700
12 American Express 31,877 2,699 9 2 Banking 66,000
13 New York Life Insurance 31,416 -950 -3 -1 Insurance 17,124
14 Allstate 29,394 -1,679 -6 -1 Insurance 38,450
15 TIAA-CREF 29,363 -3,345 -11 -1 Insurance 7,069
16 Prudential Financial 29,275 -1,073 -4 0 Insurance 41,844
17 Liberty Mutual Insurance Group 28,855 1,140 4 1 Insurance 45,000
18 Travelers Cos. 24,477 2,924 12 3 Insurance 33,000
19 Fannie Mae 22,652 -58,707 -259 -6 Diversified
financial
5,800
20 Northwestern Mutual 21,734 483 2 0 Insurance 4,938
21 Nationwide 19,848 -342 -2 0 Insurance 34,345
22 U.S. Bancorp 19,229 2,946 15 1 Banking 57,904
23 Massachusetts Mutual Life Insurance 18,745 -924 -5 -1 Insurance 12,326
24 International Assets Holding  18,359 28 0 6 Diversified
financial
195
25 Capital One Financial 17,869 -46 0 0 Banking 25,800

(1) Based on an analysis of companies in the Fortune 500.

Source: Fortune.

 
LARGEST U.S. FINANCIAL SERVICES FIRMS BY REVENUES, 2009 (1)

($ millions)

        Profits as a percent of     
Rank Company Revenues Profits Revenues Assets Industry Employees
1 General Electric $156,779 $11,025 7% 1% Diversified financial 304,000
2 Bank of America Corp. 150,450 6,276 4 0 Banking 283,717
3 J.P. Morgan Chase & Co. 115,632 11,728 10 1 Banking 222,316
4 Berkshire Hathaway 112,493 8,055 7 3 Insurance 222,000
5 Citigroup 108,785 -1,606 -2 0 Banking 267,150
6 American International Group 103,189 -10,949 -11 -1 Insurance 96,000
7 Wells Fargo 98,636 12,275 12 1 Banking 267,300
8 State Farm Insurance Cos. 61,480 767 1 0 Insurance 67,500
9 Goldman Sachs Group 51,673 13,385 26 2 Banking 36,200
10 International Assets Holding  43,604 28 0 2 Diversified financial 625
11 MetLife 41,098 -2,246 -6 0 Insurance 54,000
12 Freddie Mac 37,614 -21,553 -57 -3 Diversified
financial
5,366
13 New York Life Insurance 34,014 683 2 0 Insurance 16,835
14 Prudential Financial 32,688 3,124 10 1 Insurance 41,943
15 Allstate 32,013 854 3 1 Insurance 36,400
16 Morgan Stanley 31,515 1,346 4 0 Banking 61,388
17 Liberty Mutual Insurance Group 31,094 1,023 3 1 Insurance 45,000
18 Fannie Mae 29,065 -71,969 -248 -8 Diversified financial 6,000
19 American Express 26,730 2,130 8 2 Banking 58,300
20 TIAA-CREF 26,278 -459 -2 0 Insurance 6,890
21 Massachusetts Mutual Life Insurance 25,424 -115 -1 0 Insurance 11,000
22 Hartford Financial Services 24,701 -887 -4 0 Insurance 28,000
23 Travelers Cos. 24,680 3,622 15 3 Insurance 32,000
24 Northwestern Mutual 21,603 321 2 0 Insurance 4,783
25 Nationwide 20,751 716 4 1 Insurance 32,881

(1) Based on an analysis of companies in the Fortune 500.

Source: Fortune.

 
TOP TEN U.S. FINANCIAL SERVICES FIRMS BY REVENUES, 2010 (1)

($ millions)

Rank Company Revenues Profits Industry
1 Fannie Mae $153,825 -$14,014 Diversified financial
2 General Electric 151,628 11,644 Diversified financial
3 Berkshire Hathaway 136,185 12,967 Insurance
4 Bank of America Corp. 134,194 -2,238 Banking
5 J.P. Morgan Chase & Co. 115,475 17,370 Banking
6 Citigroup 111,055 10,602 Banking
7 American International Group 104,417 7,786 Insurance
8 Freddie Mac 98,368 -14,025 Diversified financial
9 Wells Fargo 93,249 12,362 Banking
10 State Farm Insurance Cos. 63,177 1,763 Insurance

(1) Based on an analysis of companies in the Fortune 500.

Source: Fortune.