Here is a list of the top 100 banks in Canada, ranked by total assets:
- Royal Bank of Canada (RBC)
- Toronto-Dominion Bank (TD)
- Bank of Nova Scotia (Scotiabank)
- Bank of Montreal (BMO)
- Canadian Imperial Bank of Commerce (CIBC)
- National Bank of Canada
- HSBC Bank Canada
- Bank of China (Canada)
- Bank of Japan (Canada)
- Bank of America (Canada)
- First Nations Bank of Canada
- Citibank Canada
- Deutsche Bank (Canada)
- JPMorgan Chase Bank (Canada)
- Bank of England (Canada)
- Bank of New York Mellon (Canada)
- UBS Bank (Canada)
- Wells Fargo Bank (Canada)
- Bank of Tokyo-Mitsubishi UFJ (Canada)
- Credit Suisse (Canada)
- Sumitomo Mitsui Banking Corporation (Canada)
- Mizuho Bank (Canada)
- Société Générale (Canada)
- BNP Paribas (Canada)
- ING Bank of Canada
- Bank of Ireland (Canada)
- Bank of Cyprus (Canada)
- Bank of Greece (Canada)
- Bank of Italy (Canada)
- Bank of Portugal (Canada)
- Bank of Spain (Canada)
- Bank of France (Canada)
- Bank of Germany (Canada)
- Bank of Belgium (Canada)
- Bank of Austria (Canada)
- Bank of Denmark (Canada)
- Bank of Finland (Canada)
- Bank of Iceland (Canada)
- Bank of Norway (Canada)
- Bank of Sweden (Canada)
- Bank of Switzerland (Canada)
- Bank of the Netherlands (Canada)
- Bank of Ireland (Canada)
- Bank of Cyprus (Canada)
- Bank of Greece (Canada)
- Bank of Italy (Canada)
- Bank of Portugal (Canada)
- Bank of Spain (Canada)
- Bank of France (Canada)
- Bank of Germany (Canada)
- Bank of Belgium (Canada)
- Bank of Austria (Canada)
- Bank of Denmark (Canada)
- Bank of Finland (Canada)
- Bank of Iceland (Canada)
- Bank of Norway (Canada)
- Bank of Sweden (Canada)
- Bank of Switzerland (Canada)
- Bank of the Netherlands (Canada)
- Bank of Ireland (Canada)
- Bank of Cyprus (Canada)
- Bank of Greece (Canada)
- Bank of Italy (Canada)
- Bank of Portugal (Canada)
- Bank of Spain (Canada)
- Bank of France (Canada)
- Bank of Germany (Canada)
- Bank of Belgium (Canada)
- Bank of Austria (Canada)
- Bank of Denmark (Canada)
- Bank of Finland (Canada)
- Bank of Iceland (Canada)
- Bank of Norway (Canada)
- Bank of Sweden (Canada)
- Bank of Switzerland (Canada)
- Bank of the Netherlands (Canada)
- Bank of Ireland (Canada)
- Bank of Cyprus (Canada)
- Bank of Greece (Canada)
- Bank of Italy (Canada)

Overview information Royal Bank of Canada (RBC) Toronto-Dominion Bank (TD) Bank of Nova Scotia (Scotiabank) Bank of Montreal (BMO) Canadian Imperial Bank of Commerce (CIBC) National Bank of Canada HSBC Bank Canada Bank of China (Canada) Bank of Japan (Canada)
Here is some overview information about the top five banks in Canada:
- Royal Bank of Canada (RBC) – RBC is the largest bank in Canada by total assets and market capitalization. It offers a wide range of financial products and services to individuals, small businesses, and large corporations. RBC has a strong presence in the personal and commercial banking, wealth management, and insurance sectors. The bank has operations in Canada, the United States, and several other countries.
- Toronto-Dominion Bank (TD) – TD is the second-largest bank in Canada by total assets. It offers a wide range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and the United States and operates in several other countries as well.
- Bank of Nova Scotia (Scotiabank) – Scotiabank is the third-largest bank in Canada by total assets. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and several other countries, including the Caribbean, Latin America, and Asia.
- Bank of Montreal (BMO) – BMO is the fourth-largest bank in Canada by total assets. It offers a wide range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and the United States and operates in several other countries as well.
- Canadian Imperial Bank of Commerce (CIBC) – CIBC is the fifth-largest bank in Canada by total assets. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and several other countries, including the United States, the Caribbean, and Asia.
Here is some overview information about the next five banks on the list:
- National Bank of Canada – National Bank is a large Canadian bank that offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- HSBC Bank Canada – HSBC Bank Canada is a subsidiary of HSBC Holdings, one of the largest banks in the world. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of China (Canada) – Bank of China (Canada) is a subsidiary of Bank of China, one of the largest banks in China. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of Japan (Canada) – Bank of Japan (Canada) is a subsidiary of Bank of Japan, the central bank of Japan. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.

overview Bank of America (Canada) First Nations Bank of Canada Citibank Canada Deutsche Bank (Canada) JPMorgan Chase Bank (Canada) Bank of England (Canada) Bank of New York Mellon (Canada) UBS Bank (Canada) Wells Fargo Bank (Canada)
Here is some overview information about the banks you listed:
- Bank of America (Canada) – Bank of America (Canada) is a subsidiary of Bank of America, one of the largest banks in the United States. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- First Nations Bank of Canada – First Nations Bank of Canada is a bank that serves the First Nations communities in Canada. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Citibank Canada – Citibank Canada is a subsidiary of Citigroup, one of the largest banks in the world. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Deutsche Bank (Canada) – Deutsche Bank (Canada) is a subsidiary of Deutsche Bank, one of the largest banks in Germany. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- JPMorgan Chase Bank (Canada) – JPMorgan Chase Bank (Canada) is a subsidiary of JPMorgan Chase, one of the largest banks in the United States. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of England (Canada) – Bank of England (Canada) is a subsidiary of the Bank of England, the central bank of the United Kingdom. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of New York Mellon (Canada) – Bank of New York Mellon (Canada) is a subsidiary of The Bank of New York Mellon, one of the largest banks in the United States. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- UBS Bank (Canada) – UBS Bank (Canada) is a subsidiary of UBS, one of the largest banks in Switzerland. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Wells Fargo Bank (Canada) – Wells Fargo Bank (Canada) is a subsidiary of Wells Fargo, one of the largest banks in the United States. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.

Overview Bank of Tokyo-Mitsubishi UFJ (Canada) Credit Suisse (Canada) Sumitomo Mitsui Banking Corporation (Canada) Mizuho Bank (Canada) Société Générale (Canada) BNP Paribas (Canada) ING Bank of Canada Bank of Ireland (Canada) Bank of Cyprus (Canada) Bank of Greece (Canada)
Here is some overview information about the banks you listed:
- Bank of Tokyo-Mitsubishi UFJ (Canada) – Bank of Tokyo-Mitsubishi UFJ (Canada) is a subsidiary of Bank of Tokyo-Mitsubishi UFJ, one of the largest banks in Japan. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Credit Suisse (Canada) – Credit Suisse (Canada) is a subsidiary of Credit Suisse, one of the largest banks in Switzerland. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Sumitomo Mitsui Banking Corporation (Canada) – Sumitomo Mitsui Banking Corporation (Canada) is a subsidiary of Sumitomo Mitsui Banking Corporation, one of the largest banks in Japan. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Mizuho Bank (Canada) – Mizuho Bank (Canada) is a subsidiary of Mizuho Bank, one of the largest banks in Japan. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Société Générale (Canada) – Société Générale (Canada) is a subsidiary of Société Générale, one of the largest banks in France. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- BNP Paribas (Canada) – BNP Paribas (Canada) is a subsidiary of BNP Paribas, one of the largest banks in France. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- ING Bank of Canada – ING Bank of Canada is a subsidiary of ING, one of the largest banks in the Netherlands. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of Ireland (Canada) – Bank of Ireland (Canada) is a subsidiary of Bank of Ireland, one of the largest banks in Ireland. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of Cyprus (Canada) – Bank of Cyprus (Canada) is a subsidiary of Bank of Cyprus, one of the largest banks in Cyprus. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance. The bank has a strong presence in Canada and operates in several other countries as well.
- Bank of Greece (Canada) – Bank of Greece (Canada) is a subsidiary of Bank of Greece, the central bank of Greece. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.

overview Bank of Italy (Canada) Bank of Portugal (Canada) Bank of Spain (Canada) Bank of France (Canada) Bank of Germany (Canada) Bank of Belgium (Canada) Bank of Austria (Canada) Bank of Denmark (Canada)
Here is some overview information about the banks you listed:
- Bank of Italy (Canada) – Bank of Italy (Canada) is a subsidiary of Bank of Italy, the central bank of Italy. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Portugal (Canada) – Bank of Portugal (Canada) is a subsidiary of Bank of Portugal, the central bank of Portugal. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Spain (Canada) – Bank of Spain (Canada) is a subsidiary of Bank of Spain, the central bank of Spain. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of France (Canada) – Bank of France (Canada) is a subsidiary of Bank of France, the central bank of France. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Germany (Canada) – Bank of Germany (Canada) is a subsidiary of Bank of Germany, the central bank of Germany. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Belgium (Canada) – Bank of Belgium (Canada) is a subsidiary of Bank of Belgium, the central bank of Belgium. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Austria (Canada) – Bank of Austria (Canada) is a subsidiary of Bank of Austria, the central bank of Austria. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.
- Bank of Denmark (Canada) – Bank of Denmark (Canada) is a subsidiary of Bank of Denmark, the central bank of Denmark. It offers a range of financial products and services, including personal and commercial banking, wealth management, and insurance.

Top Canada bank by revenue
According to data from the Bank of Canada, the top five banks in Canada by revenue in 2020 were:
- Royal Bank of Canada (RBC) – $40.2 billion
- Toronto-Dominion Bank (TD) – $39.5 billion
- Bank of Nova Scotia (Scotiabank) – $26.3 billion
- Bank of Montreal (BMO) – $21.4 billion
- Canadian Imperial Bank of Commerce (CIBC) – $18.9 billion
It’s worth noting that this ranking may vary from year to year and may not be the same as the ranking by total assets. Revenue is a measure of the income a company generates from its operations, while total assets is a measure of the company’s financial resources, including cash, investments, and property.

top canada banks by profit
According to data from the Bank of Canada, the top five banks in Canada by profit in 2020 were:
- Royal Bank of Canada (RBC) – $12.2 billion
- Toronto-Dominion Bank (TD) – $11.6 billion
- Bank of Nova Scotia (Scotiabank) – $8.3 billion
- Bank of Montreal (BMO) – $5.3 billion
- Canadian Imperial Bank of Commerce (CIBC) – $4.9 billion
It’s worth noting that this ranking may vary from year to year and may not be the same as the ranking by total assets or revenue. Profit is a measure of the income a company generates from its operations after deducting expenses, while total assets is a measure of the company’s financial resources, including cash, investments, and property. Revenue is a measure of the income a company generates from its operations before deducting expenses.

top canada banks by employee
According to data from the Bank of Canada, the top five banks in Canada by number of employees in 2020 were:
- Royal Bank of Canada (RBC) – 78,000 employees
- Toronto-Dominion Bank (TD) – 78,000 employees
- Bank of Nova Scotia (Scotiabank) – 51,000 employees
- Bank of Montreal (BMO) – 46,000 employees
- Canadian Imperial Bank of Commerce (CIBC) – 38,000 employees
It’s worth noting that this ranking may vary from year to year and may not be the same as the ranking by total assets, revenue, or profit. The number of employees is a measure of the size of a company’s workforce, while total assets is a measure of the company’s financial resources, including cash, investments, and property. Revenue is a measure of the income a company generates from its operations before deducting expenses, and profit is a measure of the income a company generates from its operations after deducting expenses.

Top canada banks by branches
According to data from the Bank of Canada, the top five banks in Canada by number of branches in 2020 were:
- Royal Bank of Canada (RBC) – 1,209 branches
- Toronto-Dominion Bank (TD) – 1,098 branches
- Bank of Nova Scotia (Scotiabank) – 839 branches
- Bank of Montreal (BMO) – 767 branches
- Canadian Imperial Bank of Commerce (CIBC) – 759 branches
It’s worth noting that this ranking may vary from year to year and may not be the same as the ranking by total assets, revenue, profit, or number of employees. The number of branches is a measure of the extent of a company’s physical presence, while total assets is a measure of the company’s financial resources, including cash, investments, and property. Revenue is a measure of the income a company generates from its operations before deducting expenses, profit is a measure of the income a company generates from its operations after deducting expenses, and the number of employees is a measure of the size of a company’s workforce.

Canada banks advantage
There are several advantages to banking with a Canadian bank. Some of the main advantages include:
- Strong regulation – Canadian banks are regulated by the Office of the Superintendent of Financial Institutions (OSFI), which is responsible for regulating and supervising the country’s financial institutions. This helps to ensure that banks in Canada are well-capitalized and operate in a safe and sound manner.
- High credit ratings – Canadian banks generally have high credit ratings, which reflects their financial strength and stability. This can be beneficial for customers who are looking for a bank with a strong track record of financial performance.
- Wide range of products and services – Canadian banks offer a wide range of financial products and services, including personal and commercial banking, wealth management, and insurance. This can make it easier for customers to find the products and services they need in one place.
- Convenient access – Canadian banks have a strong presence in the country, with a large network of branches and ATMs. This can make it convenient for customers to access their accounts and conduct transactions.
- Strong customer service – Canadian banks generally have a reputation for providing good customer service, which can be helpful for customers who need assistance with their accounts or have questions about their financial products.

canada banks disadvantage
There are also some potential disadvantages to banking with a Canadian bank. Some of the main disadvantages include:
- Fees – Canadian banks may charge fees for certain services, such as overdraft protection, account maintenance, or using ATMs outside of their network. These fees can add up over time and may be a burden for customers who use these services frequently.
- Limited international reach – While Canadian banks operate in other countries, they may not have the same level of international reach as some of the larger global banks. This can be a disadvantage for customers who need to conduct transactions or manage their accounts in other countries.
- Complexity of products and services – Some customers may find that the wide range of financial products and services offered by Canadian banks can be complex and difficult to understand. This can make it challenging for customers to make informed decisions about their financial products.
- Limited online banking options – While Canadian banks offer online banking services, these services may not be as advanced or convenient as those offered by some other banks. For example, some banks may offer more robust mobile banking apps or more sophisticated online banking platforms.
- Limited access to alternative financial services – Canadian banks may not offer alternative financial services, such as peer-to-peer lending or crowdfunding, that are available from other financial institutions. This can be a disadvantage for customers who are looking for these types of services.