Here are the 11 biggest banks in America

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Eric Thayer/Reuters

Wall Street has been dealing with tough market conditions.

Banks stocks took a hit as a summer rate hike is likely off the table following the disappointing US jobs report and other economic data.

Regulators have upped their scrutiny since the financial crisis, and some alternative lenders are eager to fill the vacuum left by banks.

Millennials are increasingly opting for digital banking services, and a flurry of fintech companies are set to steal market share.

The 2016 Fortune 500 list out Monday ranked the largest publicly traded corporations in the United States by revenue for the 2015 fiscal year. Overall, profits tanked 11% from last year, and market value shrunk by 2.6% from last year to $17 trillion.

Among the biggest publicly traded commercial banks in the US as measured by 2015 revenue, JPMorgan Chase seems to be navigating the post-financial crisis world the best with $101 billion in revenue. That’s followed by Bank of America, which has been firing traders to lower costs.

The ranking does not include banks incorporated outside of the US, private companies not filing with the government, banks incorporated outside the US, and US companies consolidated by other companies.


11. State Street Corp.

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Wikimedia Commons

Revenue: $10.8 billion Overall ranking: 264 Source: Fortune 500


10. Bank of New York Mellon Corp.

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Daniel Goodman for Business Insider

Revenue: $15.5 billionOverall ranking: 179 Source: Fortune 500


9. PNC Financial Services Group

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A view of the PNC Bank building in Washington January 21, 2010.
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REUTERS/Larry Downing

Revenue: $16.3 billionOverall ranking: 171 Source: Fortune 500


8. U.S. Bancorp

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Wikimedia Commons

Revenue: $21.5 billionOverall ranking: 131 Source: Fortune 500


7. Capital One Financial

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Mark Wilson/Getty Images

Revenue: $25.1 billionOverall ranking: 112 Source: Fortune 500


6. Morgan Stanley

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Lucas Jackson/ Reuters

Revenue: $37.9 billionOverall ranking: 78 Source: Fortune 500


5. Goldman Sachs Group

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Reuters/ Lucas Jackson

Revenue: $39.2 billionOverall ranking: 74 Source: Fortune 500


4. Citigroup

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A man walks past a Citibank ATM in Los Angeles
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Thomson Reuters

Revenue: $88.3 billionOverall ranking: 29 Source: Fortune 500


3. Wells Fargo

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Members of the U.S. Air Force ride in the Wells Fargo stagecoach during the 92nd Annual San Francisco Veterans Day Parade on November 11, 2011 in San Francisco, California.
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Justin Sullivan/Getty Images

Revenue: $90 billionOverall ranking: 27 Source: Fortune 500


2. Bank of America Corp.

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REUTERS/Shannon Stapleton

Revenue: $93.1 billionOverall ranking: 26 Source: Fortune 500


1. JPMorgan Chase

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Getty/Andrew Burton

Revenue: $101 billionOverall ranking: 23 Source: Fortune 500