Biggest banks in B.C. in 2021

 

Ranked by 2020 assets

Published on January 25, 2021, 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 and BIV research.

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Rank '21 Bank Top local executive(s) Partial list of subsidiaries Total B.C. staff '20/'19 Deposits '20/'19 (000s) Assets '20/'19 (000s)
1

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

7,030
6,957

$1,011,885,000
$886,005,000

$1,624,548,000
$1,428,935,000

2

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

James Kitamura, regional president, personal banking, Paul Seipp, regional president, business banking

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

2,020
2,200

NP
NP

$949,261,000
$852,195,000

3

National Bank of Canada
475 Howe St Suite 3000, Vancouver V6C 2B3
P: 604-623-6777 F: NP nbc.ca

Peyman Gazor, regional director, national bank investments

NP

NP
306

NP
NP

$322,000,000 (1)
$281,000,000

4

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

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

4,495
4,305

$1,135,300
$887,000,000

$1,715,900
$1,415,300,000

5

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

Stephen Gaskin, 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

2,000
NP

NP
NP

$1,154,000
NP

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