Despite what many people believe, bigger companies don't always make the best investments. However, there are advantages that come with being a larger company. Larger companies tend to be able to run more efficiently, as well as have pricing power over smaller rivals, and also have the power of brand recognition.

To get a broad perspective of the banking sector, here are the 10 largest U.S.-based banks, listed in terms of market capitalization. Bear in mind that market cap is only one indicator of the value of a business, so be sure to look at the big picture before making any investment decisions.

Note: Market cap figures are current as of March 31, 2015