Biggest banks in B.C. in 2019

 

Ranked by 2018 assets

Published on January 22, 2019, as part of the Top 100 money sources in B.C. section. See also asset-based lenders, credit unions, investment banking firms, investment fund management firms and mezzanine lenders. Sources: Interviews with financial institutions with a fiscal year-end of October 31 and BIV research. NP = Not provided

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Rank '19 Bank Top local executive(s) Partial list of subsidiaries Total B.C. staff '18/'17 Deposits '18/'17 (000s) Assets '18/'17 (000s)
1

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

Andrew Cribb, senior vice-president, Pacific region, branch banking, John Emans, senior vice-president, business banking

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

4,359
4,388 (1)

$851,439,000
$832,824,000

$1,334,903,000
$1,278,995,000

2

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

Martin Thibodeau, 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

6,962
6,840

$837,046,000
$789,635,000

$1,334,734,000
$1,212,853,000

3

Scotiabank
650 Georgia St W Suite 3400, Vancouver V6B 4N7
P: 778-327-5451 F: NP scotiabank.com

Lesly Tayles, senior vice-president

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

2,977
3,020 (1)

$676,534,000
$625,367,000

$998,493,000
$915,273,000

4

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

Michael Bonner, regional president, personal and business banking, BMO Financial Group, B.C. and Yukon, Jennifer Muench, senior vice-president, BMO Private Banking, B.C.

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

2,600
2,776

$522,051,000
$479,792,000

$774,048,000
$709,580,000

5

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

John Guthrie, regional director

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

2,059
2,200

$461,015,000
$439,706,000

$597,099,000
$565,264,000

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