Largest financials companies by operating income

Operating income is profit from the core business before interest and tax. It strips out financing decisions, so it compares operations rather than balance sheets. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 264 · Fiscal year 2025 · Data as of September 25, 2026

Berkshire Hathaway (BRK-B) tops the list with $82.5B in operating income for fiscal 2025, ahead of JPMorgan Chase ($72.6B) and Bank of America ($37.7B). The top 10 together report $363B in operating income; the gap between #1 and #10 is ×4.16. 264 companies in Financials report operating income, 12.4% of the 2135-filer universe. The last place on the list, Radian Group, comes in at $791M.

Operating income
#CompanyOperating incomeYoY15-year trend
1Berkshire HathawayBRK-BUS$82.5B−25.3%
2JPMorgan ChaseJPMUS$72.6B−3.3%
3Bank of AmericaBACUS$37.7B+13.5%
4BarclaysBCSGB$31.1B+43.0%
5ING GroepINGNL$29.0B+27.1%
6Wells FargoWFCUS$25.2B+7.9%
7Morgan StanleyMSUS$22.0B+24.8%
8Goldman SachsGSUS$21.9B+18.8%
9Barclays BankATMPGB$21.6B+35.6%
10CitigroupCUS$19.8B+16.3%
11Federal National Mortgage Association Fannie MaeFNMAUS$18.0B−15.4%
12Mitsubishi Ufj FinancialMUFGJP$15.8B+52.9%
13ProgressivePGRUS$14.2B+32.8%
14American ExpressAXPUS$13.8B+7.0%
15Federal Home Loan MortgageFMCCUS$13.4B−9.6%
16AllstateALLUS$13.2B+128.4%
17ChubbCBCH$13.0B+13.9%
18Schwab CharlesSCHWUS$11.5B+49.0%
19Mizuho FinancialMFGJP$11.3B+124.6%
20HDFC BankHDBIN$10.0B−0.8%
21US BancorpUSBUS$9.5B+20.3%
22PNC Financial ServicesPNCUS$8.5B+17.2%
23Travelers CompaniesTRVUS$7.8B+26.1%
24BlackstoneBXUS$7.2B+11.0%
25KKRKKRUS$7.1B+21.1%
26BlackRockBLKUS$7.0B−7.0%
27Apollo Global ManagementAPOUS$6.7B−10.2%
28Marsh & Mclennan CompaniesMRSHUS$6.2B+7.0%
29MetLifeMETUS$6.1B+2.4%
30Arch CapitalACGLBM$5.2B+10.4%
31Athene HoldingATH-PAUS$5.1B−9.4%
32Intercontinental ExchangeICEUS$4.9B+14.4%
33Interactive BrokersIBKRUS$4.8B+29.1%
34Hartford InsuranceHIGUS$4.8B+23.7%
35Ameriprise FinancialAMPUS$4.5B+5.6%
36AonAONIE$4.3B+13.3%
37Cme GroupCMEUS$4.2B+7.6%
38Bank of New York MellonBNYUS$4.2B+19.9%
39Renaissancere HoldingsRNRBM$4.0B+34.1%
40American InternationalAIGUS$3.9B+0.2%
41State StreetSTTUS$3.7B+9.9%
42M&T BankMTBUS$3.7B+11.5%
43Nomura HoldingsNMRJP$3.6B+13.6%
44PrudentialPUKGB$3.3B+5.7%
45Markel GroupMKLUS$3.2B−13.9%
46OrixIXJP$3.0B+39.1%
47Cincinnati FinancialCINFUS$3.0B+4.3%
48First Citizens BancsharesFCNCAUS$3.0B−17.3%
49Brookfield Asset ManagementBAMUS$2.9B+14.9%
50Huntington BancsharesHBANUS$2.7B+11.9%
51Northern TrustNTRSUS$2.3B−12.0%
52NasdaqNDAQUS$2.3B+29.6%
53Citizens FinancialCFGUS$2.3B+23.3%
54KeycorpKEYUS$2.3B+$2.6B
55LoewsLUS$2.3B+21.8%
56Capital One FinancialCOFUS$2.3B−61.4%
57Berkley W RWRBUS$2.3B+0.7%
58Raymond James FinancialRJFUS$2.3B+12.8%
59Willis Towers WatsonWTWGB$2.2B+256.3%
60Price T RoweTROWUS$2.2B−6.2%
61Robinhood MarketsHOODUS$2.1B+98.1%
62Everest GroupEGBM$1.9B+26.4%
63Arthur J. GallagherAJGUS$1.9B−0.2%
64Futu HoldingsFUTUCN$1.8B+112.2%
65Cna FinancialCNAUS$1.6B+33.8%
66Reinsurance Group of AmericaRGAUS$1.5B+57.1%
67Webster FinancialWBSUS$1.5B+18.7%
68Cboe Global MarketsCBOEUS$1.5B+33.6%
69Globe LifeGLUS$1.4B+8.2%
70Coinbase GlobalCOINUS$1.4B−37.8%
71Brown & BrownBROUS$1.4B+5.2%
72Lincoln NationalLNCUS$1.3B−66.7%
73White Mountains InsuranceWTMUS$1.3B+319.5%
74Ares ManagementARESUS$1.3B+0.9%
75First HorizonFHNUS$1.3B+27.4%
76Axis CapitalAXSBM$1.2B+19.4%
77Western Alliance BancorporationWALUS$1.2B+21.8%
78Affiliated ManagersAMGUS$1.2B+28.5%
79Carlyle GroupCGUS$1.2B−16.8%
80LPL FinancialLPLAUS$1.1B−17.5%
81Wintrust FinancialWTFCUS$1.1B+18.1%
82Virtu FinancialVIRTUS$1.1B+69.7%
83AssurantAIZUS$1.1B+17.3%
84American FinancialAFGUS$1.1B−4.5%
85Ally FinancialALLYUS$1.1B+25.7%
86Voya FinancialVOYAUS$1.0B+19.3%
87PrimericaPRIUS$975M+3.8%
88Brookfield Wealth SolutionsBNTBM$967M−20.3%
89Qfin HoldingsQFINCN$955M−7.4%
90Hanover InsuranceTHGUS$933M+43.5%
91Mgic InvestmentMTGUS$929M−4.1%
92Stifel FinancialSFUS$871M−6.2%
93Jefferies FinancialJEFUS$871M−13.4%
94Enact HoldingsACTUS$859M−2.2%
95Tradeweb MarketsTWUS$835M+23.2%
96First American FinancialFAFUS$826M+399.5%
97Hamilton InsuranceHGBM$825M+32.7%
98Essent GroupESNTBM$822M−3.9%
99EvercoreEVRUS$794M+48.9%
100Radian GroupRDNUS$791M−6.4%

All figures from SEC filings · FY2025 · 100

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-financial-companies-by-operating-income">Largest financials companies by operating income</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

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{{cite web |title=Largest financials companies by operating income |url=https://companiesranked.com/en/largest-financial-companies-by-operating-income |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest financials companies by operating income. CompaniesRanked. https://companiesranked.com/en/largest-financial-companies-by-operating-income

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@misc{companiesranked-en-largest-financial-companies-by-operating-income-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest financials companies by operating income}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-financial-companies-by-operating-income}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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