The 2020 Greenwich Share Leaders for U.S. Middle Market Banking are Wells Fargo, Bank of America, Chase, PNC Bank, and Truist. These providers represent the largest market shares in commercial banking among businesses with sales of $10–500 million across the United States.
Consultants Don Raftery, Chris McDonnell, Dana Schwaeber, Ronald Balmer, Jacqueline Vose, and Daniel Morrissey advise our commercial banking clients in the United States.
MethodologyBased on over 11,000 interviews with businesses with sales of $10–500 million across the United States. Share leaders are based on the proportion of the dollars available that is earned by the bank. Market Share is derived via: The total dollars available (Market Size), the proportion of companies that use the bank (Penetration), the proportion of the total Market Size those companies represent (Dollar-Weighted Penetration), and the proportion of those clients’ total spend/balances that is earned by the bank (Share of Wallet).