Special Report: Banking & Finance Quarterly — Q4 2020 Data
Monday, March 22, 2021
Banking and Finance Quarterly Features
Banking and Finance Quarterly Features
Banking and Finance Quarterly Q4 2020 Data
Top 5 Financial Institutions Ranked by L.A. County Market Share | ||
Rank | Institution | % Market Share |
1 | Bank of America | 16.38 |
2 | JPMorgan Chase & Co. | 13.75 |
3 | Wells Fargo & Co. | 12.92 |
4 | MUFG Union Bank | 8.5 |
5 | CIT Bank | 8.28 |
Ranked by share of deposits in L.A. County. Information as of June 30, 2020 (released annually in October.) |
Top 5 Most Profitable L.A.-Based Banks | ||
Rank | Institution | % Returns on Assets Q4 2020 |
1 | BNY Mellon Trust Co. | 8.9 |
2 | International City Bank FSB | 2.5 |
3 | First Credit Bank | 2.5 |
4 | American Plus Bank | 2.1 |
5 | First Choice Bank | 2.0 |
Ranked by return on assets for the quarter ended Dec. 31, 2020. |
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Passenger Traffic Plunges 73% in February at Local Airports
- Covid-Related Loan Programs Have Given Businesses a Much-Needed Lifeline
- Despite Jobs Gains, LA Has ‘Mountain to Climb’
- LA County Unemployment Tops 12% in January
- Economists Uncertain How New Restrictions Could Impact Jobs Recovery
- Los Angeles County Real Estate Market, 3rd Quarter 2020
- Community Champions: The SoLa I CAN Foundation
- Community Champions: The Center by Lendistry