Biggest banks in B.C. in 2023


Ranked by 2022 assets

Published on January 23, 2023, 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 '23 Bank Top local executive(s) Partial list of subsidiaries Total B.C. staff '22/'21 Deposits '22/'21 (000s) Assets '22/'21 (000s)

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

Kevin Hamaoka, senior vice-president, Canadian business banking, Jim Kershaw, regional vice-president, private wealth management

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

4,274 (1)




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

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





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

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




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