The Largest Financial Companies by Market Cap in October 2026

Berkshire Hathaway, JPMorgan Chase, and Visa are the biggest companies by market cap in the financial sector

By Lyle Daly – Updated Oct 5, 2026 at 12:34 AM EST | Fact-checked by Frank Bass

Key Points

Berkshire Hathaway leads with a $1.1 trillion market cap in the financial sector.
JPMorgan Chase, the largest U.S. bank, aggressively incorporates AI into its services.
Visa processed 258 billion transactions in 2025, leading payment network innovations.

Berkshire Hathaway (BRK.A +0.21%)(BRK.B +0.32%) is the largest company in the financial sector, followed by JPMorgan Chase (JPM +0.00%) and Visa (V +2.51%). Big banks in the U.S. and China make up most of this sector's leaders. Read on to see the 10 most valuable companies as of October 2026.

Editor's note: Rankings and financial metrics are as of Oct. 2, 2026; live quote cards update automatically and are the most current data available.

Loading paragraph...

Front of a bank building. — Image source: Getty Images.

Loading image...

Largest companies by market cap in the financial sector

Ticker Information Table
Name and ticker	Market capMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.	Current price	Industry
Berkshire Hathaway (NYSE:BRKA)	$1.1 trillion	$756,376.00	Diversified Financial Services
JPMorgan Chase (NYSE:JPM)	$883.5 billion	$330.73	Banks
Visa (NYSE:V)	$690.3 billion	$369.71	Diversified Financial Services
Mastercard (NYSE:MA)	$494.6 billion	$564.59	Diversified Financial Services
Bank of America (NYSE:BAC)	$377.6 billion	$54.00	Banks
	$337.9 billion	$0.95	Banks
HSBC Holdings (NYSE:HSBC)	$331.5 billion	$96.68	Banks
	$318.1 billion	$1.22	Banks
Morgan Stanley (NYSE:MS)	$298.7 billion	$190.19	Capital Markets
	$277.0 billion	$0.79	Banks

Data as of Oct 6, 2026. Showing 10 of 10 total entries.

Loading ticker_table...

1. Berkshire Hathaway

NYSE: BRKA

Berkshire Hathaway

Today's Change

(0.21%) $1,586.00

Current Price

$756,376.00

Key Data Points

Market Cap

$1.1T

Day's Range

$751811.28 - $759000.00

52wk Range

$698000.00 - $806102.81

Volume

146

Avg Vol

175.7

Gross Margin

23.52%

Loading company_card...

Market cap: $1.08 trillion (as of Oct. 2)
Revenue (TTM): $438.3 billion
Five-year annualized return: 12.71%
Year founded: 1839

TTM = trailing 12 months.

Originally in the textile business, Berkshire Hathaway is now a holding company with subsidiaries across several industries, including insurance, freight rail transportation, and utilities.

Warren Buffett became CEO and chairman of Berkshire after taking a majority stake in the company in 1965. The legendary investor retired at the end of 2025, and Greg Abel took over as CEO. Buffett stepped down as chairman in September 2026.

2. JPMorgan Chase

Loading paragraph...

NYSE: JPM

JPMorgan Chase

Premium Feature

Moneyball Superscore

74/100

Today's Change

(0.00%) $0.00

Current Price

$330.73

Key Data Points

Market Cap

$884B

Day's Range

$328.95 - $332.09

52wk Range

$279.10 - $366.50

Volume

5.4M

Avg Vol

7.6M

Dividend Yield

1.81%

Loading company_card...

Market cap: $883.53 billion (as of Oct. 2)
Revenue (TTM): $194.9 billion
Five-year annualized return: 14.74%
Year founded: 1799 (Bank of the Manhattan Company), 2000 (merger of JPMorgan and Chase)

JPMorgan Chase is the biggest bank in the U.S. It had $5.1 trillion in assets under management (AUM) as of the second quarter of 2026.

As one of the Big Four U.S. banks -- alongside Bank of America (BAC +0.47%), Wells Fargo (WFC +1.23%), and Citigroup (C +0.04%) -- JPMorgan Chase offers a wide range of financial products and services. These include bank accounts, credit cards, mortgages, auto loans, and wealth management. The bank has recently been pushing to incorporate artificial intelligence (AI) tools, aiming to become a fully AI-connected enterprise.

3. Visa

Loading paragraph...

NYSE: V

Visa

Premium Feature

Moneyball Superscore

87/100

Today's Change

(2.51%) $9.05

Current Price

$369.71

Key Data Points

Market Cap

$690B

Day's Range

$359.05 - $370.17

52wk Range

$293.89 - $385.57

Volume

4.5M

Avg Vol

6.7M

Gross Margin

77.16%

Dividend Yield

0.72%

Loading company_card...

Market cap: $677.09 billion (as of Oct. 2)
Revenue (TTM): $44.5 billion
Gross profit (TTM): $35.7 billion
Five-year annualized return: 9.37%
Year founded: 1958

Visa is a payment network that processes transactions for prepaid, debit, and credit cards. It's accepted in more than 200 countries and territories, making it one of the most widespread payment networks in the world. During the company's 2025 fiscal year, it processed 258 billion transactions.

This payments company is consistently at the forefront of technological innovations. It was the first major payments network to settle a cryptocurrency transaction, and it has invested heavily in AI fraud detection.

Loading paragraph...

4. Mastercard

NYSE: MA

Mastercard

Premium Feature

Moneyball Superscore

89/100

Today's Change

(2.23%) $12.33

Current Price

$564.59

Key Data Points

Market Cap

$495B

Day's Range

$551.15 - $565.87

52wk Range

$464.52 - $601.23

Volume

2.4M

Avg Vol

2.9M

Gross Margin

96.60%

Dividend Yield

0.60%

Loading company_card...

Market cap: $483.79 billion (as of Oct. 2)
Revenue (TTM): $35.1 billion
Gross profit (TTM): $27.4 billion
Five-year annualized return: 8.92%
Year founded: 1966

Mastercard (MA +2.23%) is a payment network and Visa's closest competitor. It's accepted in more than 210 countries, and it processed 210 billion transactions in 2025.

In February 2025, Mastercard announced it would remove the 16-digit card numbers from its credit and debit cards by 2030. It will replace them with tokenization, where each card has a unique encrypted token instead of a number. The change is expected to make payment card fraud more difficult.

5. Bank of America

Loading paragraph...

NYSE: BAC

Bank of America

Premium Feature

Moneyball Superscore

76/100

Today's Change

(0.47%) $0.25

Current Price

$54.00

Key Data Points

Market Cap

$378B

Day's Range

$53.69 - $54.34

52wk Range

$46.12 - $65.22

Volume

35M

Avg Vol

33.4M

Dividend Yield

2.15%

Loading company_card...

Market cap: $375.86 billion (as of Oct. 2)
Revenue (TTM): $119.2 billion
Five-year annualized return: 4.53%
Year founded: 1904 (Bank of Italy), 1998 (merger of NationsBank and Bank of America)

Bank of America is the second-largest bank in the U.S., offering banking services, loans, and credit cards. During the Great Recession, Bank of America acquired Merrill Lynch for approximately $50 billion, expanding its investment banking and wealth management segments.

This big bank has prioritized expansion over the last decade. In 2025, it announced plans to open more than 150 new financial centers by the end of 2027. It has also invested over $5 billion in its network since 2016.

6. Industrial and Commercial Bank of China

Loading paragraph...

OTC: IDCBF

Industrial And Commercial Bank Of China

Today's Change

(-1.62%) $-0.02

Current Price

$0.95

Key Data Points

Market Cap

$338B

Day's Range

$0.95 - $0.95

52wk Range

$0.70 - $0.99

Volume

95.2K

Avg Vol

56.8K

Dividend Yield

4.72%

Loading company_card...

Market cap: $337.94 billion (as of Oct. 2)
Revenue (TTM): $130.1 billion*
Five-year annualized return: 11.51%
Year founded: 1984

*Converted from Chinese yuan.

The Industrial and Commercial Bank of China (IDCBF -1.62%), or ICBC, was the world's largest bank by total assets, with about $8.5 trillion in AUM as of the second quarter of 2026. The Chinese government owns a majority stake in ICBC.

Loading paragraph...

7. HSBC

NYSE: HSBC

HSBC Holdings

Premium Feature

Moneyball Superscore

83/100

Today's Change

(0.56%) $0.54

Current Price

$96.68

Key Data Points

Market Cap

$331B

Day's Range

$95.86 - $97.03

52wk Range

$64.64 - $107.92

Volume

1.6M

Avg Vol

1.3M

Dividend Yield

3.88%

Loading company_card...

Market cap: $328.93 billion (as of Oct. 2)
Revenue (TTM): $73.8 billion
Five-year annualized return: 29.52%
Year founded: 1935

Headquartered in London, HSBC (HSBC +0.56%) is the largest bank in Europe, with $3.4 trillion in AUM as of Q2 2026. It has a strong international presence, serving around 41 million customers in more than 50 markets.

HSBC has restructured its business to focus more on Asia and the Middle East. It closed some investment banking units in the U.S., U.K., and Europe, and cut some senior staff in January 2025.

8. China Construction Bank

Loading paragraph...

OTC: CICHF

China Construction Bank

Today's Change

(1.33%) $0.02

Current Price

$1.22

Key Data Points

Market Cap

$318B

Day's Range

$1.22 - $1.24

52wk Range

$0.89 - $1.31

Volume

5.6K

Avg Vol

69.1K

Dividend Yield

4.62%

Loading company_card...

Market cap: $313.92 billion (as of Oct. 2)
Revenue (TTM): $119.6 billion*
Five-year annualized return: 10.27%
Year founded: 1954

*Converted from Chinese yuan.

China Construction Bank (CICHF +1.33%) is the third-largest bank in China and the world. Like the other major Chinese banks, it's partially state-owned.

Bank of America previously owned a portion of China Construction Bank, purchasing a 9% stake in 2005 for $3 billion. It later began selling its stake, getting rid of the last of its shares in 2013.

Loading paragraph...

9. Morgan Stanley

NYSE: MS

Morgan Stanley

Premium Feature

Moneyball Superscore

86/100

Today's Change

(-0.06%) $-0.12

Current Price

$190.19

Key Data Points

Market Cap

$299B

Day's Range

$187.58 - $191.12

52wk Range

$151.84 - $232.25

Volume

4.3M

Avg Vol

5.1M

Dividend Yield

2.18%

Loading company_card...

Market cap: $298.89 billion (as of Oct. 2)
Revenue (TTM): $73.1 billion
Five-year annualized return: 13.95%
Year founded: 1935

Morgan Stanley (MS -0.06%) is an investment bank operating in over 40 countries and employing more than 80,000 people. Its three business segments are institutional securities, wealth management, and investment management.

This bank was originally part of JPMorgan Chase until the passage of the Glass-Steagall Act in 1933, which prohibited a single entity from engaging in both commercial and investment banking. JPMorgan Chase took the commercial banking business, while some employees left to form Morgan Stanley and provide investment banking services.

10. Agricultural Bank of China

Loading paragraph...

OTC: ACGBF

Agricultural Bank Of China

Today's Change

(0.00%) $0.00

Current Price

$0.79

Key Data Points

Market Cap

$277B

Day's Range

$0.79 - $0.84

52wk Range

$0.62 - $0.84

Volume

626K

Avg Vol

30.3K

Dividend Yield

4.55%

Loading company_card...

Market cap: $276.98 billion (as of Oct. 2)
Revenue (TTM): $114.2 billion*
Five-year annualized return: 17.28%
Year founded: 1951

*Converted from Chinese yuan.

The Agricultural Bank of China (ACGBF +0.00%) is another member of China's Big Four banks. Although publicly traded, a state-owned investment company holds about 40% of the shares. It's the second-largest bank in the world with $7.6 trillion in AUM as of Q2 2026.

Loading paragraph...

Banks and insurers share the top of financials by market cap

Bank stocks may be the first thing that comes to mind when thinking of the financial sector. They comprise six of the 10 largest financial companies, but the sector also encompasses other types of businesses, such as insurance companies and payment networks.

Economic downturns often hit financial stocks hard, particularly banks. During periods of high unemployment, financial companies may be saddled with large amounts of bad debt that they need to write off.

Despite those risks, the top companies in this sector are massive businesses with long track records of success. For patient investors, financial stocks can be a valuable addition to a portfolio.

Loading paragraph...

The Largest Financial Companies by Market Cap in October 2026

Berkshire Hathaway, JPMorgan Chase, and Visa are the biggest companies by market cap in the financial sector

Key Points

Largest companies by market cap in the financial sector

1. Berkshire Hathaway

Key Data Points

2. JPMorgan Chase

Key Data Points

3. Visa

Key Data Points

4. Mastercard

Key Data Points

5. Bank of America

Key Data Points

6. Industrial and Commercial Bank of China

Key Data Points

7. HSBC

Key Data Points

8. China Construction Bank

Key Data Points

9. Morgan Stanley

Key Data Points

10. Agricultural Bank of China

Key Data Points

Banks and insurers share the top of financials by market cap

Related investing topics

Best Bank Stocks for Dividends in 2026 and How to Invest

Best Bank ETFs for 2026 and How to Invest

Are Bank Stocks Safe? The Pros and Cons

How Do Banks Make Money? Overview and Examples

About the Author

Read Next

Stocks Mentioned

Motley Fool Stock Advisor’s Latest Pick

Premium Investing Services

Key Data Points

2. JPMorgan Chase

6. Industrial and Commercial Bank of China

Banks and insurers share the top of financials by market cap

Best Bank Stocks for Dividends in 2026 and How to Invest

Best Bank ETFs for 2026 and How to Invest

Are Bank Stocks Safe? The Pros and Cons

How Do Banks Make Money? Overview and Examples

Related investing topics

5. Bank of America

8. China Construction Bank

10. Agricultural Bank of China

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

Key Data Points

3. Visa