Biggest banks in B.C.

 

Ranked by 2017 assets

Part of the Top 100 money sources in B.C. section, published in BIV on January 23, 2018. See also asset-based lenders, credit unions, investment banking firms, investment fund management firms and mezzanine lenders. Sources: Interviews with firms below and BIV research.

Rank '18 Bank Top local executive(s) Partial list of subsidiaries Total B.C. staff '17/'16 Deposits '17/'16 (000s) Assets '17/'16 (000s)
1

TD Bank Group
700 Georgia St W Suite 300, Vancouver V7Y 1AZ
P: 866-222-3456 F: NP td.com

Mauro Manzi, senior vice-president, Pacific region, TD Bank Group, Jim Kershaw, senior vice-president, Pacific region head, TD private wealth management

TD Canada Trust; Business Banking; MBNA; TD Wealth; TD Asset Management; TD Insurance; TD Bank, America's Most Convenient Bank; TD Securities

4,388 (1)
4,388

$832,824,000
$773,660,000

$1,278,995,000
$1,176,967,000

2

Royal Bank of Canada (RBC Financial Group)
1055 Georgia St W, Vancouver V6E 3S5
P: 800-769-2511 F: NP rbc.com

Graham MacLachlan, regional president, B.C.

Royal Bank Holdings; Royal Mutual Funds; RBC Insurance Holdings; RBC Direct Investing; RBC Phillips, Hager & North Investment Counsel; RBC Capital Trust; Royal Trust Co.

6,840
5,000 (2)

$789,635,000
$757,589,000

$1,212,853,000
$1,180,258,000

3

Scotiabank
650 Georgia St W 34th floor, Vancouver V6B 4N7
P: 778-327-5451 F: 604-668-2096 scotiabank.com

Winnie Leong, senior vice-president, B.C. and Yukon region

1832 Asset Management LP, BNS Investments, Montreal Trust Company of Canada, Hollis Canadian Bank, HollisWealth, National Trustco, Roynat, Scotia Captial, Scotia Dealer Advantage, Tangerine Bank

3,020 (1)
3,020

$625,367,000
$611,877,000

$915,273,000
$896,366,000

4

BMO Financial Group
595 Burrard St, Vancouver V7X 1L7
P: 877-225-5266 F: 604-665-2610 bmo.com

Mike Bonner, senior vice-president, personal and commercial banking, B.C. and Yukon

Bank of Montreal Capital Markets, Bank of Montreal (China) Co Ltd, Bank of Montreal Holding Inc, BMO Investments Ltd, BMO Nesbitt Burns Holdings Corp, BMO Harris Bank National Association, BMO Trust Co

NP
3,000 (2)

$483,488,000
$473,372,000

$709,580,000
$687,935,000

5

CIBC
400 Burrard St 4th floor, Vancouver V6C 3A6
P: 604-665-1645 F: 604-665-1114 cibc.com

Mike Stevenson, senior vice-president and region head, B.C. and northern territories

CIBC Asset Management Inc, CIBC BA Ltd, CIBC Investor Service Inc, CIBC Life Insurance Co Ltd, CIBC Mortgages Inc, CIBC Securities Inc, CIBC Trust Corp, CIBC World Markets Inc, Intria Items Inc, CIBC Holdings (Cayman) Ltd

2,200
NP

$439,706,000
$395,647,000

$565,264,000
$501,357,000

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