- Eric Thayer/Reuters
Wall Street has been dealing with tough market conditions.
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.
- Wikimedia Commons
Revenue: $10.8 billion Overall ranking: 264 Source: Fortune 500
10. Bank of New York Mellon Corp.
- Daniel Goodman for Business Insider
Revenue: $15.5 billionOverall ranking: 179 Source: Fortune 500
9. PNC Financial Services Group
- REUTERS/Larry Downing
Revenue: $16.3 billionOverall ranking: 171 Source: Fortune 500
8. U.S. Bancorp
- Wikimedia Commons
Revenue: $21.5 billionOverall ranking: 131 Source: Fortune 500
7. Capital One Financial
- Mark Wilson/Getty Images
Revenue: $25.1 billionOverall ranking: 112 Source: Fortune 500
6. Morgan Stanley
- Lucas Jackson/ Reuters
Revenue: $37.9 billionOverall ranking: 78 Source: Fortune 500
5. Goldman Sachs Group
- Reuters/ Lucas Jackson
Revenue: $39.2 billionOverall ranking: 74 Source: Fortune 500
- Thomson Reuters
Revenue: $88.3 billionOverall ranking: 29 Source: Fortune 500
3. Wells Fargo
- Justin Sullivan/Getty Images
Revenue: $90 billionOverall ranking: 27 Source: Fortune 500
2. Bank of America Corp.
- REUTERS/Shannon Stapleton
Revenue: $93.1 billionOverall ranking: 26 Source: Fortune 500
1. JPMorgan Chase
- Getty/Andrew Burton
Revenue: $101 billionOverall ranking: 23 Source: Fortune 500