Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area Deposit Market Share
2021
Rank |
2020
Rank |
Institution (Headquarters) |
2021
Branches |
2021
Deposits ($000) |
2021
Market Share (%) |
2020
Deposits ($000) |
2020
Market Share (%) |
| 1 |
2 |
Bank of America Corporation (NC) |
140 |
44,325,983 |
15.91 |
42,097,446 |
15.80 |
| 2 |
1 |
Capital One Financial Corp. (VA) |
72 |
43,619,995 |
15.65 |
49,111,539 |
18.43 |
| 3 |
3 |
Truist Financial Corp. (NC) |
207 |
41,243,461 |
14.80 |
38,621,202 |
14.49 |
| 4 |
4 |
Wells Fargo & Co. (CA) |
145 |
36,294,100 |
13.02 |
36,742,813 |
13.79 |
| 5 |
5 |
The PNC Finl Svcs Grp (PA) |
171 |
19,388,202 |
6.96 |
18,054,739 |
6.78 |
| 6 |
7 |
Citigroup Inc. (NY) |
31 |
12,740,000 |
4.57 |
9,281,000 |
3.48 |
| 7 |
6 |
United Bankshares Inc. (WV) |
63 |
10,389,699 |
3.73 |
9,553,230 |
3.58 |
| 8 |
9 |
Eagle Bancorp Inc (MD) |
18 |
9,115,084 |
3.27 |
7,984,842 |
3.00 |
| 9 |
8 |
Sandy Spring Bancorp Inc. (MD) |
46 |
8,693,291 |
3.12 |
8,078,582 |
3.03 |
| 10 |
11 |
The Toronto-Dominion Bank |
45 |
6,682,447 |
2.40 |
5,729,644 |
2.15 |
| 11 |
10 |
M&T Bank Corp. (NY) |
75 |
6,584,827 |
2.36 |
5,754,014 |
2.16 |
| 12 |
12 |
Atlantic Union Bkshs Corp. (VA) |
27 |
5,682,929 |
2.04 |
4,937,269 |
1.85 |
| 13 |
13 |
Citizens Financial Group Inc. (RI) |
8 |
2,965,730 |
1.06 |
3,710,727 |
1.39 |
| 14 |
14 |
Burke & Herbert Bank & Trust (VA) |
24 |
2,905,819 |
1.04 |
2,705,852 |
1.02 |
| 15 |
15 |
Workers United (PA) |
1 |
1,959,504 |
0.70 |
2,032,686 |
0.76 |
| 16 |
17 |
Capital Bancorp Inc. (MD) |
4 |
1,840,741 |
0.66 |
1,570,209 |
0.59 |
| 17 |
18 |
John Marshall Bancorp Inc. (VA) |
8 |
1,816,932 |
0.65 |
1,565,132 |
0.59 |
| 18 |
21 |
Forbright Inc. (MD) |
6 |
1,731,980 |
0.62 |
1,235,200 |
0.46 |
| 19 |
24 |
JPMorgan Chase & Co. (NY) |
43 |
1,703,036 |
0.61 |
938,899 |
0.35 |
| 20 |
19 |
FVCBankcorp Inc. (VA) |
8 |
1,658,640 |
0.60 |
1,492,883 |
0.56 |
| 21 |
16 |
WesBanco Inc. (WV) |
16 |
1,646,857 |
0.59 |
1,635,065 |
0.61 |
| 22 |
20 |
MainStreet Bcshs (VA) |
6 |
1,482,992 |
0.53 |
1,344,999 |
0.50 |
| 23 |
22 |
The Community Financial Corp. (MD) |
8 |
1,311,178 |
0.47 |
1,135,162 |
0.43 |
| 24 |
23 |
Chain Bridge Bancorp Inc. (VA) |
1 |
915,795 |
0.33 |
965,524 |
0.36 |
| 25 |
25 |
Virginia National Bkshs Corp. (VA) |
10 |
834,667 |
0.30 |
706,345 |
0.27 |
|
|
|
|
|
|
|
|
|
|
Total For Institutions In Market |
1,338 |
278,679,207 |
|
266,478,438 |
|
Pro Forma Ownership, including Bank and Thrift Branches
Ownership as of 4/27/2022; Branch and Deposit data as of 6/30/2021