Visualizing The World’s Most Valuable Bank Brands

When most people think about brands, they often picture iconic consumer marks like Coca-Cola or Apple.

But in the realm of financial services, the importance of having a strong consumer brand is also rapidly growing. After all, with hundreds of new fintech entrants positioning themselves to be the “banks” of the future, it seems that brand awareness may be one of the major competitive advantages that incumbent banks can use to protect themselves.

Which financial institutions have the strongest brands, and which brands are the most valuable?

VALUABLE BANK BRANDS IN 2019

Today’s chart looks at the world’s most valuable bank brands, according to a recent report from Brand Finance.

It should be noted that brand value in this context is a measure of the “value of the trademark and associated marketing IP within the branded business”. In other words, it’s measuring the value of intangible marketing assets, and not the overall worth of business itself.

Here are the top bank brands by value in 2019:

Top bank brands by value

For the third year in a row, the Industrial and Commercial Bank of China, ICBC (IDCBF), takes the top spot, with a brand value of $79.8 billion.

Wells Fargo (WFC) is the top U.S. bank by brand value, coming in 5th place – however, the bank actually fell two spots from last year’s ranking while simultaneously losing 9% of its brand value. This is not surprising in light of the recent publicity challenges faced by the bank.

THE ASCENT OF CHINESE BANKS

It’s also interesting to note that Chinese banks have taken all four of the top spots on the list, with ICBC, China Construction Bank (CICHF), Agricultural Bank of China, and Bank of China having a combined brand value of over $250 billion.

Here’s a look at the ascent of Chinese banks over time:

Ascent of China Banks

In contrast, in the entire span of 2009-2014, there were zero Chinese banks that cracked the top five.

THE STRONGEST BANK BRANDS

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Brand Finance measures brand strength by looking at a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. For more insights, don’t ...

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Moon Kil Woong 1 month ago Contributor's comment

LOL Well Fargo having the most valuable bank brand in the US. Yes it has a large intangible value on its books, but if anything it shows how wrong it is to determine real brand value based on this accounting methodology which was never created to portray real brand value or much of anything else. Sadly, Wells Fargo probably has negative brand valuation and is why they have been advertising "the new Wells Fargo" as a marketing gimmick "which according to employees it largely is.